Indra Sistemas increased revenue 29% to €4.65 billion in the first nine months of 2026. Net profit rose 22% to €356 million. EBITDA increased 62.2% year over year.
Defence and Space led growth. Defence sales doubled, while Space revenue grew more than fourfold, partly following the acquisitions of Hispasat and Hisdesat.
Indra’s order backlog grew 133% to a record €22.2 billion. Major Space contracts, including the European satellite program IRIS², and strong growth in Defence contributed to the increase.
Higher free cash flow helped Indra move to a positive net cash position. The company reaffirmed its full-year financial targets.