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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Scout24
Scout24 (G24) investor relations material
Scout24 Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary4 Nov, 2026
Executive summary
Q3 revenue rose 19.7% YoY to €198.2m, including 10.1% organic growth; 9M revenue increased 17.9% to €570.5m.
Q3 ordinary operating EBITDA grew 15.9% to €120.8m and adjusted EPS rose 21.5% to €1.09.
Subscription growth across Professional and Private, higher listings, and expanding AI-enabled products supported performance.
Financial highlights
Q3 revenue was €198.2m, up 19.7% reported and 10.1% organically; 9M revenue was €570.5m, up 17.9% reported and 10.4% organically.
Q3 ordinary operating EBITDA was €120.8m, up 15.9%; 9M reached €344.7m, up 15.1%.
Adjusted EPS rose 21.5% to €1.09 in Q3 and 19.7% to €3.06 for 9M; adjusted net income increased 15.8% to €75.1m in Q3 and €213.6m for 9M.
Reported net income fell 30.0% to €71.1m in Q3, while 9M net income rose 6.4% to €202.8m; Q3 comparison reflected a prior-year deferred tax benefit.
9M free cash flow was €151.1m, down 25.3%; excluding €50.7m in LTIP and Sprengnetter-related cash payments, it was €201.8m, up 14.6%.
Outlook and guidance
FY2026 revenue growth guidance was raised to ~18% from 16%-18%, including 7-8 percentage points from Spain, versus the previous 6-7 points.
FY2026 ordinary operating EBITDA margin guidance remained up to 61% reported and up to 64% organically.
Stronger organic margin expansion is expected in Q4; management expressed confidence in 2027-28 CMD targets and expects professional ARPU opportunities from upgrades, ImmoPoints and products.
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- Double-digit revenue and EBITDA growth in H1 2024, guidance and outlook reaffirmed.G24Q2 2024
- 2024 saw 11.2% revenue growth, 15% higher adjusted EPS, and strong margin expansion.G24Q4 2024
Next Scout24 earnings date
Q4 202625 Feb, 2027
Scout24
Next Scout24 earnings date
Q4 202625 Feb, 2027
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Frequently asked questions
Scout24 SE operates digital marketplaces specializing in real estate listings and related services. It provides online platforms for buying, selling, and renting residential and commercial properties in Germany and other European markets. The company is headquartered in Munich, Germany, and its shares are listed on the XETRA.