In its third quarter 2023 earnings report, Husqvarna reported $720 million in robotic mower sales over the last 12 months, with a goal of reaching $1.08 billion in 2026.
Source: HusqvarnaExecutives stated during the earnings call that robotic mowers made up 21% of group sales in the last 12 months.
Other goals for 2026 include electrified products making up 67% of its total motorized products and achieving over 6 million connected devices, which CEO Pavel Hajman said during the earnings call would come "predominantly from robotic mowers, but also from smart watering."
Total net sales for Husqvarna's third quarter were $943 million, down 14$ year-over-year. Total net sales for the first 9 months of the year were $4.01 billion, up 2% year-over-year.
The company stated in its earnings report that sales growth for the third quarter was good for battery-powered products and certain segments in Construction. Sales for petrol-powered wheeled products declined significantly during the quarter.
For the first 9 months of the year, sales growth was strong for robotic mowers both for the residential and professional segments as well as for battery-powered products.
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