Garmin grew revenue in its fitness segment, which includes Edge cycling computers, by 16% to USD 694 million (EUR 620 million) in the third quarter. The group raised its full-year revenue forecast to USD 8.15 billion (EUR 7.28 billion).

Japanese component maker Shimano has raised its full-year operating income forecast for bicycle components by 10%, from JPY 39.0 billion to JPY 42.9 billion (EUR 244 million). Bicycle component sales rose 4.6% to JPY 278.4 billion (EUR 1.59 billion) in the first nine months of 2026, but fell 0.5% excluding currency effects.

Scandinavian micromobility operator Voi Technology AB reported net revenue of EUR 88.2 million for the third quarter of 2026, up 53% year-on-year. Riders took 53.2 million rides on its shared e-scooters and e-bikes, compared with 37.4 million a year earlier.

British retailer Halfords Group plc grew like-for-like sales in its cycling business by 8.3% in the first half of its financial year, faster than Motoring or Autocentres. Group like-for-like sales rose 7.1%, helped by summer demand for seasonal products. Halfords is keeping the full-year profit guidance it raised in August.

Swedish sports and outdoor company Thule Group raised its third-quarter operating margin to 20.0%, but mainly thanks to SEK 52 million (EUR 4.7 million) in refunded US import tariffs. Without them, the margin would have been 18.0%, in line with last year. The results come two days after the company's three largest shareholders pushed out chairman Hans Eckerström, who had planned to step down in spring 2027.

Swedish helmet safety specialist Mips AB posted a 59% surge in Q3 net sales to SEK 215 million (EUR 19.3 million), driven by a twelfth consecutive quarter of growth in its cycling division.