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Visma (VISMA) investor relations material
Visma Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Strong first three quarters of 2026; on track for another year of solid performance, with momentum building into 2027.
Customer base reached 2.9m, up 28.1% YoY, as National Business Platforms gained traction with SMBs, particularly in Continental Europe.
Financial highlights
Period-end ARR was €3,139m, up 16.9% total and 12.9% organically YoY.
YTD revenue was €2,427m, up 18.3% total and 12.1% organically YoY.
YTD Adjusted EBITDA was €865m, up 18.2% total and 15.9% organically YoY.
Adjusted EBITDA growth reflected strong Business segment operating leverage, partly offset by €11m of non-recurring Public segment expenses from AI-related R&D repositioning.
Outlook and guidance
On track to close 2026 with solid performance and build good momentum into 2027.
M&A forward pipeline described as robust.
- Q4 growth and strong cash conversion offset higher financing costs and uncertain markets.VISMA
Q4 2023 - ARR exceeded €3 billion and customer base grew 30.2% YoY, driven by AI and regulatory demand.VISMA
Q2 2026 - ARR hit €3B with double-digit growth, boosted by SaaS, M&A, and AI-driven efficiency.VISMA
Q1 2026 - Record ARR and EBITDA growth, robust M&A, and strategic focus on core SaaS drive FY2025 results.VISMA
Q4 2025 - Record ARR, strong SaaS growth, and strategic M&A drive robust performance and outlook.VISMA
Q3 2025 - Revenue up 13.1% YoY, strong SaaS growth, 15 M&A deals, and record cash flow in H1 2025.VISMA
Q2 2025 - Q3 2011 saw 14.7% revenue growth, strong SaaS gains, and the Mamut ASA acquisition.VISMA
Q3 2011 - Q4 revenue rose 14% to €737m, with robust SaaS growth and 11 acquisitions fueling expansion.VISMA
Q4 2024 - Revenue and EBITDA surged in Q1 2025, driven by SaaS growth and strong customer expansion.VISMA
Q1 2025
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