Exail Technologies (EXA) Q3 2025 TU earnings summary

Executive summary

• Achieved 18% revenue growth in Q3 2025, with nearly 30% growth for the first nine months, despite a high comparison base from Q3 2024's 37% growth.

• Order intake reached €85 million in Q3 2025, with year-to-date orders up 128% to €697 million, driven by mine-hunting programs.

• End-of-period backlog exceeded €1 billion, providing strong visibility for future growth.

Financial highlights

• Q3 2025 consolidated revenue was €105 million, up 18% year-over-year.

• Navigation & Maritime Robotics segment revenue was €80 million (+15%), Advanced Technologies segment was €28 million (+29%).

• Order intake for the first nine months totaled €697 million, up 128% year-over-year.

• Backlog at quarter-end was €1,081 million, up 58% from the prior year.

Outlook and guidance

• Q4 2025 is expected to deliver significantly higher revenue than Q3, supported by seasonality and major delivery milestones.

• Full-year 2025 revenue growth is targeted between 20% and 25%, with EBITDA growth expected to outpace revenue growth.