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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.
United Internet
United Internet (UTDI) investor relations material
United Internet Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary6 Aug, 2026
Executive summary
Achieved 550,000 net new customer contracts, reaching 30.27 million total contracts in H1 2026, driven by strong growth in IONOS (+500,000) and Mail & Media (+190,000), while 1&1 contracts declined by 140,000 due to tariff realignment and reduced low-cost offerings.
Consolidated sales rose 3.3% year-over-year to €3,090.9 million, with EBITDA up 5.1% to €676.0 million and EBIT up 20.0% to €342.4 million, reflecting improved margins and lower depreciation.
EPS from continued operations increased 59.6% to €0.75, primarily due to lower tax expenses.
Free cash flow after leasing surged by 416.7% to €129.7 million.
Continued investments in customer acquisition and relationship development supported sustainable growth.
Financial highlights
Sales: €3,090.9 million (+3.3% YoY); EBITDA: €676.0 million (+5.1% YoY); EBIT: €342.4 million (+20.0% YoY); EBT: €250.0 million (+18.1% YoY).
EPS from continued operations: €0.75 (+59.6% YoY).
Free cash flow after lease repayments: €129.7 million (up from €25.1 million YoY).
Gross margin improved to 32.4% (from 32.2% YoY); EBITDA margin rose to 21.9%.
Equity ratio at 43.4%; total assets €12,072.4 million; net debt at €3,398.4 million, leverage ratio 2.57.
Outlook and guidance
Full-year 2026 guidance confirmed: sales expected at approx. €6.25 billion and EBITDA at approx. €1.45 billion.
Cash capex for 2026 projected at €600–650 million, down from €730.8 million in 2025.
Management remains optimistic about achieving guidance, citing a stable subscription-based business model.
H2 EBITDA expected to accelerate due to IONOS customer monetization and 1&1 network expansion.
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Latest events from United Internet
- Strong H1 2026 growth, robust cash flow, and advancing ESG drive positive outlook.UTDI
Company presentation - Q1 2026 saw revenue, EBIT, and EPS growth, improved cash flow, and reaffirmed guidance.UTDIQ1 2026
- 2025 saw growth in contracts, revenues, and AI innovation, with strong ESG and shareholder returns.UTDICompany presentation
- Revenue and EBITDA rose, EPS surged, and 2026 guidance signals further growth and higher dividends.UTDIQ4 2025
- Sales and EBITDA rose, contract base expanded, and 2025 guidance was reaffirmed.UTDIQ3 2025
- Revenue up 4.3% to €3.23bn, EBITDA rises, and 1&1 AG stake increased to 85.1%.UTDIQ2 2025
- Revenue up 2.0% to €4.66bn, but EBITDA and EBIT fell on higher network rollout costs.UTDIQ3 2024
- Sales up, but profit and guidance down after network outage and Kublai writedown.UTDIQ2 2024
- Revenue up 1.9%, EBITDA stable, net income hit by impairment; 2025 outlook positive.UTDIQ4 2024
Next United Internet earnings date
Q3 202612 Nov, 2026
United Internet
Next United Internet earnings date
Q3 202612 Nov, 2026
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Frequently asked questions
United Internet AG is a telecommunications and internet services provider offering a wide range of digital products and solutions. The company operates through its Consumer Access and Business Applications segments, providing broadband, mobile communications, web hosting, cloud services, and email solutions. United Internet serves private users, freelancers, and businesses with tailored offerings designed to meet diverse connectivity and digital requirements.