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QBNK (QBNK) investor relations material
QBNK Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a positive EBIT of 0.1 MSEK for H1 2026, improving by 0.6 MSEK year-over-year from -0.5 MSEK.
Revenues for H1 2026 were 20.2 MSEK, down 5% compared to the same period last year, mainly due to a customer loss in 2025.
Professional Services revenues recovered and exceeded last year's quarterly level.
New CEO Jörgen Karlsson appointed in January 2026.
Several new customers acquired in Q2, offsetting previous customer churn.
Financial highlights
H1 2026 revenues: 20.2 MSEK (21.2 MSEK in H1 2025).
H1 2026 EBITDA: 0.2 MSEK (-0.3 MSEK in H1 2025).
H1 2026 EBIT: 0.1 MSEK (-0.5 MSEK in H1 2025), margin 0.3% (-2.4%).
H1 2026 net income: 0.1 MSEK (-0.3 MSEK in H1 2025).
H1 2026 operating cash flow: -3.2 MSEK (-3.7 MSEK in H1 2025).
Outlook and guidance
ARR stable at 37.0 MSEK, unchanged from previous quarter.
AI developments and EU AI Act expected to increase demand for DAM solutions.
Product development capacity being strengthened to meet market needs.
- Profitability improved in Q1 2026 with higher ARR and a positive EBIT margin.QBNK
Q1 202616 Apr 2026 - Returned to profitability with 3% revenue growth and a strong enterprise customer focus.QBNK
Q4 202523 Feb 2026 - Achieved profitability and improved margins, but faced negative cash flow and short-term ARR decline.QBNK
Q3 202515 Oct 2025 - ARR and revenue up, losses narrowed, strategic review and CEO change underway.QBNK
Q2 202529 Aug 2025 - Q3 EBIT turned positive as revenue and cash flow improved, supporting a 2025 profitability goal.QBNK
Q3 202413 Jun 2025 - ARR up 15% and EBIT margin improved as QBNK narrows losses and boosts cash flow.QBNK
Q2 202413 Jun 2025 - QBNK delivered stable Q1 results with rising ARR and targets profitability for 2025.QBNK
Q1 20256 Jun 2025 - ARR up 12% and EBIT loss narrowed; QBNK eyes profitability in 2025 after strategic review.QBNK
Q4 20245 Jun 2025
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