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Visma Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary23 Oct, 2026

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.

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Frequently asked questions

Visma AS is a multinational technology company that provides a range of software and IT solutions aimed at streamlining business operations for enterprises, small and medium-sized businesses, and public sector organizations. Its product portfolio includes cloud-based applications for accounting, payroll, human resources management, procurement, and enterprise resource planning (ERP). The company also offers consulting and implementation services to support its software solutions. The company is headquartered in Oslo, Norway, and its shares are listed on the Oslo Stock Exchange.