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TomTom (TOM2) investor relations material
TomTom Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue fell 6% YoY to €128.9m; EBIT was €6.0m, net income €5.1m and gross margin 90%.
Three divisions—Automated Driving, Location Intelligence and Navigation—were established on a shared Foundation, affecting ~200 roles globally.
Financial highlights
Q3 revenue was €128.9m versus €136.9m in Q3’25; YTD revenue was €392.7m versus €423.5m, down 7%.
Q3 EBIT was €6.0m versus €8.4m; net income was €5.1m versus €9.1m, and EPS was €0.04 versus €0.07.
Operating expenses fell 3% YoY to €110.6m; gross profit was €116.7m and gross margin improved to 90% from 89%.
YTD EBIT was €28.3m versus a €5.7m loss, and net income was €26.0m versus an €11.5m loss.
Outlook and guidance
FY26 revenue guidance narrowed to €505–530m from €495–555m; Location Technology revenue guidance is €450–470m, versus prior guidance of €435–485m.
FY26 operating margin guidance increased to ~4%, including an estimated €15m Q4 restructuring charge; excluding the charge, expected margin is ~7%.
Realignment is expected to generate €21m in annualized savings; Q4 OpEx is expected slightly below Q3, excluding restructuring.
2027 Location Technology revenue growth was reiterated, supported by higher gross margins and a more efficient cost base; Navigation is expected to drive most reported segment growth.
- Revenue rose to €584.8m, adjusted FCF reached €32m and Automotive backlog hit €2.5bn.TOM2
Q4 2023 - Q2 2026 revenue fell 8% but margins improved, guidance reaffirmed, and share buyback completed.TOM2
Q2 2026 - Profitability and margins improved despite lower revenue, with guidance and leadership transition reaffirmed.TOM2
Q1 2026 - Record Automotive backlog, improved margins, and major deals offset a 3% revenue decline.TOM2
Q4 2025 - Upgraded guidance as gross margin rises and free cash flow turns positive despite lower revenue.TOM2
Q2 2025 - Revenue down 2% as Enterprise grew 13% and gross margin rose to 87%, boosting cash flow.TOM2
Q3 2024 - Q2 2024 revenue fell 3%, enterprise grew, guidance lowered, and share buyback completed.TOM2
Q2 2024 - Q1 2025 saw revenue growth, margin expansion, and momentum in Enterprise and Automotive.TOM2
Q1 2025 - Enterprise growth offset Automotive weakness; 2025 outlook cautious with break-even cash flow.TOM2
Q4 2024
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