LeadDesk (LEADD) Q1 2026 earnings summary

Executive summary

• Q1 2026 saw revenue growth of 2.6% year-over-year, reaching €9.63 million, with improved profitability and a focus on AI-driven solutions.

• EBITDA margin increased to 14.0% from 13.3% in the prior year, reflecting ongoing cost efficiency measures.

• AI product revenue grew 26% year-over-year, supported by new product launches and acquisitions.

• Integration of recent acquisitions, including Zisson and Fluentic, progressed rapidly, supporting cross-sales and commercial potential.

Financial highlights

• Revenue for Q1 2026 was €9.63 million, up 2.6% year-over-year; ARR reached €32.88 million, up 3.0%.

• EBITDA was €1.35 million, representing 14.0% of revenue, up from 13.3% a year ago.

• On a comparable currency basis, revenue grew 1.2% and ARR grew 2.0% year-over-year.

• One-time costs of €0.3 million impacted Q1 results.

Outlook and guidance

• EBITDA margin for 2026 is expected to be 15–20%, with a short-term target of 20%.

• No revenue guidance for 2026 due to potential impacts from rationalization and customer/product portfolio adjustments.

• Long-term growth opportunities identified in both Nordic and Continental European markets, driven by AI investments and market fragmentation.