Net sales reached EUR 52.7 million in Q1 2026, up 11.6% year-over-year (18.4% at comparable currencies).
ARR increased to EUR 155.9 million, up 32.7% at comparable currencies.
EBITDA/EBITA margin was 9.6% with EBITDA/EBITA of EUR 5 million, down from 17.9% year-over-year.
IAR acquisition and transition from perpetual to subscription licensing is impacting short-term revenue and profitability.
Strategic partnerships with Qualcomm and NVIDIA are advancing AI-driven solutions and expanding AI investments across the product portfolio.
Net profit was EUR 0.4 million, down 92.8% year-over-year; EPS at EUR 0.01.
Personnel expenses rose 25.8% to 1,120 employees, mainly from IAR integration.
Maintenance revenue nearly tripled, mainly due to IAR's higher maintenance share.
Cash and cash equivalents at EUR 56.4 million, down from EUR 80.6 million last year.
Interest-bearing debt at EUR 143.5 million, with EUR 135.3 million as bank loan.
Full-year 2026 guidance unchanged: at least 10% net sales growth and at least 15% operating profit margin at comparable currencies.
IAR revenue and profitability expected to decline in 2026 due to subscription transition, with double-digit growth anticipated from 2027.
EUR 20 million cost savings targeted by 2027 through operational reorganization, including up to 200 job reductions.
Reorganization expected to improve efficiency and profitability in H2 2026.
Market environment remains challenging and uncertain in the short term.
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Search for any keyword across all transcripts simultaneously.
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
The easiest way to stay updated during earnings season.
All events from public companies. Live and recorded.
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Explore our global coverage