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Intershop Holding (ISN) investor relations material
Intershop Holding Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the first nine months of 2025 declined 15% year-over-year to EUR 25.2 million, mainly due to weak new customer business and a planned decline in the service segment.
Cloud segment earnings remained stable at EUR 15.3 million, but new customer momentum was subdued amid a challenging macroeconomic environment.
A successful capital increase in Q3 2025 raised EUR 4.4 million, expanding strategic flexibility and supporting investments in cloud, AI, and sales activities.
Cost-cutting measures were intensified, and a key management transition occurred with the CEO stepping down in August 2025.
Financial highlights
EBIT for the nine-month period was EUR -1.4 million, down from EUR 0.6 million in the prior year.
EBITDA dropped 64% year-over-year to EUR 1.1 million, with an EBITDA margin of 4% (prior year: 10%).
Net result was EUR -1.7 million, with earnings per share at EUR -0.12 (prior year: EUR 0.02).
Gross margin was 46%, down one percentage point from the previous year.
Cash and cash equivalents stood at EUR 8.2 million at quarter-end.
Outlook and guidance
Revenue for full-year 2025 is expected to decline by 10% to 15%, with a negative EBIT in the lower single-digit million euro range.
Incoming cloud orders are projected to decrease slightly, and net new ARR is expected between EUR 1.0 million and EUR 2.0 million.
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