EQT AB FY25 Net Income Falls on Weak Revenue; EBITDA Margin Rises; to Acquire Coller Capital

EQT AB reported fiscal 2025 net income fell amid declining revenues, while EBITDA and profit margins expanded. The private equity firm also agreed to acquire secondaries specialist Coller Capital for about $7 billion. For the year ended December 31, 2025, net income dropped to SEK 4.2 billion from SEK 4.9 billion in 2024, as total revenue slid 8% to SEK 15.3 billion. EBITDA rose 5% to SEK 8.1 billion, widening the EBITDA margin to 53% from 46%. The Stockholm-based company expects the Coller Capital acquisition to close in Q2 2026, bolstering its secondaries platform. EQT shares trade on Nasdaq Stockholm under ticker EQT.