ABSTRACT Species-specific timber volume estimates are required to support forest planning and conservation. We evaluated whether additional predictors from a Sentinel-2 time series can improve airborne laser scanning (ALS)-based estimation of species-specific timber volumes. Furthermore, we determined the satellite image dates that provided the greatest improvement in accuracy. The Sentinel-2 time series was constructed to cover 1 March–30 November time-period, with a focus on late spring and early summer. The estimation was done using the k Most Similar Neighbor method and predictors extracted from the ALS data and Sentinel-2 images. Our best model included both ALS and Sentinel-2 time-series predictors, and the relative root mean square error (RMSE) values for pine, spruce and deciduous timber volumes were 40.8%, 57.0% and 51.3%, respectively (mean 49.7%). All deciduous trees were treated as one species. When bands from an individual image were used instead of the time series, the best result was obtained with an image from September where the respective relative RMSE values were 42.2% (deciduous), 58.4% (pine) and 60.6% (spruce) with a mean value of 53.7%. A fusion of a Sentinel-2 time-series and ALS data can improve species-specific estimation results compared to the use of individual Sentinel-2 images or ALS only.