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XMReality (XMR) investor relations material
XMReality Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved positive EBITDA for the fourth consecutive quarter, reaching 888 TSEK, up over 1 MSEK year-over-year for Q2 2026.
Continued focus on the cooling and heating technology sector resulted in several new customers, including IV Produkt.
Launched major product integration with Microsoft Dynamics 365, expanding market reach and sales channels.
Financial highlights
Q2 2026 ARR was 12,641 TSEK, down from 13,044 TSEK in Q1 2026, mainly due to contract changes and cancellations.
Q2 2026 EBITDA was 888 TSEK (vs. -154 TSEK Q2 2025); gross margin remained high at 99%.
Net sales for H1 2026 were 6,405 TSEK, down from 7,882 TSEK in H1 2025.
Cash flow for Q2 2026 was 1,121 TSEK (1,838 TSEK Q2 2025); equity ratio at period end was 45.6% (39.9%).
Net result for Q2 2026 was -752 TSEK, improved from -1,778 TSEK in Q2 2025.
Outlook and guidance
Management expects continued positive effects from strategic focus on the cooling and heating sector and the Microsoft Dynamics integration.
AI agent for sales support is expected to further improve lead generation and sales efficiency in coming quarters.
- EBITDA surged, usage hit record highs, and new contracts nearly doubled year-over-year.XMR
Q1 2026 - Record EBITDA and sustained positive cash flow, despite ARR decline from a major contract loss.XMR
Q4 2025 - Record EBITDA and positive cash flow, with strong usage growth and resilient outlook.XMR
Q3 2025 - Positive cash flow milestone reached as cost reductions align with strong customer growth.XMR
Q2 2025 - Q3 2024 saw sharply reduced costs, improved EBITDA, and doubled product usage; profitability targeted for 2025.XMR
Q3 2024 - Order intake up 31% in H1, but Q2 sales down 17% as rights issue and cost cuts proceed.XMR
Q2 2024 - First-ever positive EBITDA achieved, with strong usage growth and ongoing cost discipline.XMR
Q1 2025 - Cost reductions and rising ARR position XMReality for profitability in 2025.XMR
Q4 2024
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