)
)
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.
Verimatrix
Verimatrix (VMX) investor relations material
Verimatrix Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary26 Oct, 2026
Executive summary
Anti-Piracy revenue returned to growth in Q3, rising 20% YoY to $10.4m on higher recurring revenue and license sales.
Strategic priorities: refocus on the core business, innovate in core adjacencies, and win through partnerships, securing premium video across OTT, streaming, and digital platforms.
Financial highlights
Q3 Anti-Piracy revenue was $10.4m versus $8.7m in Q3 2025; 2025 comparatives are restated to exclude the divested XTD product line.
Q3 recurring revenue increased 5% YoY to $7.2m; subscriptions rose 5% to $3.9m and maintenance rose 7% to $3.3m.
Q3 non-recurring revenue increased 73% YoY to $3.2m.
Nine-month Anti-Piracy revenue declined 3% YoY to $31.6m, improving from an 11% decline in H1; recurring revenue was stable at $21.7m and non-recurring revenue fell 9% to $10.0m.
Outlook and guidance
FY 2026 objectives confirmed: return to Anti-Piracy revenue growth, grow recurring revenue, and achieve Anti-Piracy EBITDA above $3m.
The 2026–2028 roadmap targets business and EBITDA growth and positive free cash flow by 2028; FY 2026 outlook is aligned with the roadmap.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Verimatrix
- Subscription ARR rose 11%; FY26 guidance targets 5% Anti-Piracy growth and ~$4M EBITDA.VMX
H1 2026 - Q1 2026 revenue was $10.7m, with subscription ARR up 7% to $15.5m.VMXQ1 2026 TU
- Recurring revenue rose to 71% as revenue fell 19% and the business pivoted to anti-piracy and OTT.VMXH2 2025
- Q3 2025 revenue dropped 31% year-over-year, but subscription ARR grew 4%.VMXQ3 2025 TU
- Adjusted EBITDA rose 49% to $2.5M, but a $60M impairment led to a $65M net loss.VMXH1 2025
- Subscription ARR surged 27% YoY, fueling recurring revenue growth and new market wins.VMXQ3 2024 TU
- Subscription ARR up 25%, adjusted EBITDA up 351%, and Latin America revenue up 62%.VMXH1 2024
- Recurring revenue growth offsets non-recurring sales decline; 2025 targets reaffirmed.VMXQ1 2025 TU
- Subscription ARR up 22% to $18M, recurring revenue 60% of total, EBITDA more than doubled.VMXH2 2024
Next Verimatrix earnings date
Q4 2026 TU11 Mar, 2027
Verimatrix
Next Verimatrix earnings date
Q4 2026 TU11 Mar, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Verimatrix SA is a cybersecurity company that specializes in protecting digital content, applications, and devices across various sectors. The company's solutions are particularly focused on anti-piracy, threat defense, and secure delivery, serving industries such as media, entertainment, financial services, and healthcare. Key offerings include the Verimatrix Secure Delivery Platform, which provides content protection and anti-piracy services, and the Extended Threat Defense (XTD) suite, which offers advanced security for mobile apps and websites. Verimatrix also collaborates with partners to enhance its cybersecurity solutions, ensuring comprehensive protection for customers worldwide. The company is headquartered in Aix-en-Provence, France, and its shares are listed on the Euronext Paris.