ITM Power Upgrades 2026 Guidance as Losses Narrow by 38%

Key Facts

1ITM Power upgraded its adjusted EBITDA loss guidance to between £20 million and £21 million for the 2026 financial year.

2The new guidance represents a 38% year-on-year improvement in the green hydrogen company's financial performance.

ITM Power upgraded its adjusted EBITDA loss guidance to between £20 million and £21 million for the financial year ended April 30, 2026. Proactive Investors reported that the new guidance represents a 38% year-on-year improvement in the green hydrogen company's financial performance.

The upgrade comes ahead of the company's official preliminary results, reflecting better-than-expected operational performance in its green hydrogen electrolyser business during the 2026 financial year. While the company remains loss-making, the updated figures indicate a significant narrowing of its fiscal deficit compared to the previous period.