QPR Software (QPR1V) Q3 2026 earnings summary

Executive summary

• Jan-Sep 2026 net sales fell 4% YoY to €4.178m; EBITDA rose to €678k from €81k, significantly supported by €616k one-off licence revenue from regional QPR Metrics IP rights.

• Q3 net sales declined 26% to €1.085m and operating result turned to a €14k loss; EBITDA remained positive at €145k.

Financial highlights

• Jan-Sep operating result improved to €155k from a €613k loss; result for the period was €123k versus a €639k loss.

• Jan-Sep net sales were €4.178m versus €4.374m; Q3 sales were €1.085m versus €1.473m.

• Jan-Sep operating cash flow improved to €618k from negative €997k; Q3 operating cash flow was negative €445k versus negative €440k.

Outlook and guidance

• 2026 SaaS revenue expected below FY2025; QPR ProcessAnalyzer SaaS revenue expected to remain at FY2025 level.

• FY2026 EBITDA expected positive and higher than FY2025; quarterly results may vary significantly due to long sales cycles.

• Remainder-of-year focus is commercialising new AI solutions and converting interest into customer agreements, with Snowflake and international partners.