Sanlorenzo Orders Rise 16.4% in First Nine Months of 2026
Sanlorenzo order intake rose 16.4% to €803.1 million in the first nine months of 2026, and the Italian builder confirmed its 2026 guidance.
Sanlorenzo said its order intake reached €803.1 million in the first nine months of 2026, up 16.4% year-on-year. The Italian yacht builder reported the results on 12 November 2026 and said it confirms its full 2026 guidance. For buyers, the company's own numbers point to a full order book, with an order backlog of €1,805.6 million as of 30 September 2026, 89% of which was already sold to final clients.
At a glance
What do Sanlorenzo's results mean for yacht buyers?
They suggest that new Sanlorenzo build slots remain in demand, since the company says most of its backlog is already sold to end clients. Sanlorenzo said in its November 12 release that 89% of its €1,805.6 million order backlog was sold to final clients. The company said the size and quality of the order book allow "disciplined planning of production slots."
Executive chairman Massimo Perotti described the business model as offering "high visibility thanks to long waiting lists and low cyclicality, a disciplined volume policy backed by pricing power, and an asset-light structure." Sanlorenzo also said demand for larger yachts stayed strong "despite extended delivery horizons."
For brokers and sellers, Sanlorenzo said its Net Revenues New Yachts figure includes pre-owned yachts, net of commissions and the trade-in and management costs of pre-owned yachts.
How much did Sanlorenzo sell in 2026 so far?
Sanlorenzo said Net Revenues New Yachts rose 3.1% to €711.3 million in the first nine months of 2026, up from €690.1 million a year earlier. The company said the Superyacht Division was the main growth driver, with revenue of €226.0 million, up 8.9%, or 31.8% of the total. Sanlorenzo said the Yacht Division grew 4.2% to €359.5 million, or 50.5% of the total.
On orders, Sanlorenzo said third quarter intake was €306.7 million, up 13.5% from €270.1 million, marking the ninth consecutive quarter of year-on-year growth. The company put its book-to-bill ratio for the period at ~1.13x.
Trade Only Today reported the same results in U.S. dollars, with orders of nearly $885 million and a gross backlog of just under $2 billion. This article uses the euro figures from Sanlorenzo's own release.
Is Sanlorenzo financially strong?
The company reported higher profit and positive cash flow. Sanlorenzo said group net profit rose 4.1% to €79.1 million and EBITDA rose 2.5% to €131.2 million, an 18.4% margin. The company said free cash flow was €77.2 million, compared with an outflow of €12.6 million a year earlier. Sanlorenzo said it ended September with €56.0 million in net cash after paying €37.1 million in dividends.
Sanlorenzo also said its net backlog, or revenue still to be recognized on contracts already secured, reached €1,094.3 million. Perotti said that figure exceeds expected 2027 Net Revenues New Yachts.
What new Sanlorenzo and Swan models are coming?
Sanlorenzo pointed to several models that drew interest at the fall shows. Perotti said SHE, "with nine units sold to date, along with 74Steel Silver Fox and BG64, attracted considerable interest at Cannes and Monaco." He said Swan Alloy 44 is under construction and that there are plans for a new 50-metre model, combining Swan's sailing heritage with Sanlorenzo's superyacht expertise.
Perotti said in the release that "strong revenue coverage supported by a broader sales pipeline following the Fort Lauderdale International Boat Show allows us to confirm our 2026 guidance." Sanlorenzo said the part of its backlog tied to 2026 was €924.5 million, covering 92% of the mid-point of its 2026 revenue guidance range.
Sanlorenzo, founded in 1958, said it builds yachts in four business units: the Yacht Division, the Superyacht Division, the Bluegame Division and the Nautor Swan Division, which it acquired in August 2024. The company said it employs over 1,650 people.
Shop Sanlorenzo on YachtWay
YachtWay lists 37 Sanlorenzo boats for sale as of November 14, 2026.
More on Sanlorenzo from YachtWay News
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Frequently asked questions
How much did Sanlorenzo orders grow in 2026?
Sanlorenzo said order intake reached €803.1 million in the first nine months of 2026, up 16.4% year-on-year from €689.7 million.
How big is the Sanlorenzo order backlog?
Sanlorenzo said its order backlog was €1,805.6 million as of 30 September 2026, up 5.6%, with 89% already sold to final clients.
Did Sanlorenzo change its 2026 guidance?
No. Sanlorenzo said it confirms its 2026 guidance in full, along with the targets of its 2026 to 2028 business plan, "Tomorrow's Timeless."
Which Sanlorenzo division grew the most?
Sanlorenzo said the Superyacht Division was the main growth driver, with revenue of €226.0 million, up 8.9% year-on-year.
Was Sanlorenzo profitable in the first nine months of 2026?
Yes. Sanlorenzo said group net profit rose 4.1% to €79.1 million and EBITDA rose 2.5% to €131.2 million, an 18.4% margin.
