Webstep
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Webstep (WSTEP) investor relations material

Webstep Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary20 Aug, 2026

Executive summary

  • Revenue for Q2 2026 was 190.4 mNOK, down 11.4% year-over-year, mainly due to lower headcount and intensified competition, especially in the public sector.

  • EBIT was 13.9 mNOK (margin 7.3%), and net profit was 10.1 mNOK, a 31.8% decrease from Q2 2025.

  • AI remains a strategic priority, with admission to Anthropic's Claude Partner Programme and new advisory services moving into production for clients.

  • Completed first phase with Nettalliansen, secured new framework agreements, and launched notable AI projects for clients.

  • Continued selective recruitment and welcomed first summer students to support long-term talent development.

Financial highlights

  • Revenue of 190.4 mNOK, down 11.4% year-over-year; revenue per FTE up 2.8% to 501.1 tNOK.

  • EBIT of 13.9 mNOK, down 26.8% year-over-year, with a 7.3% EBIT margin (down from 8.9%).

  • EBITDA at 18.2 mNOK (9.6% margin), net profit at 10.1 mNOK.

  • EPS at 0.37 NOK, down from 0.55 NOK in Q2 2025.

  • Cash and short-term deposits at quarter-end were 10.3 mNOK, down from 54.4 mNOK a year earlier.

Outlook and guidance

  • Market demand expected to remain moderate with no significant short-term recovery, especially in the public sector.

  • Continued commercial execution, broader customer base, and AI capabilities to support gradual financial improvement.

  • Strategic focus on strengthening client relationships and investing in commercial and AI capabilities.

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Frequently asked questions

Webstep ASA provides IT consultancy services to public and private sector clients across Norway and Sweden. The company specializes in digitalization, cloud computing, data science, and IT infrastructure services, with a focus on areas such as system development, integration, machine learning, and analytics. It also offers expertise in project management, cloud migration, IT security, Internet of Things (IoT), and artificial intelligence. Webstep serves various industries including banking, telecommunications, public administration, and transportation. The company is headquartered in Oslo, Norway, and its shares are listed on the Oslo Stock Exchange.