Exail Technologies (EXA) Q1 2026 TU earnings summary

Executive summary

• Revenue grew 40% year-over-year in Q1 2026, reaching €131 million, driven by strong performance in Navigation & Maritime Robotics, which rose 51%.

• Order intake for Q1 2026 was €112 million, lower than Q1 2025 due to a prior large contract, but underlying organic growth was around 30%.

• The company is benefiting from robust demand in structurally growing markets, especially amid heightened geopolitical tensions.

Financial highlights

• Q1 2026 consolidated revenue: €131 million, up 40% year-over-year.

• Navigation & Maritime Robotics segment revenue: €107 million, up 51%.

• Advanced Technologies segment revenue: €28 million, up 10%.

• End of period backlog: €1,055 million.

Outlook and guidance

• Double-digit revenue growth targeted for 2026, with EBITDA growth expected to exceed revenue growth.

• Q2 2026 growth anticipated to be more moderate compared to Q2 2025, which had a high base.

• Recent geopolitical events are not expected to materially impact 2026 revenue.