Text (TXT) Q3 2026 TU earnings summary

Executive summary

• Q3 2025/26 saw MRR decline 1.7% year-over-year and 1.1% quarter-over-quarter to USD 6.98 million, with payments received at USD 21.89 million, up 2.1% year-over-year but down 1.6% quarter-over-quarter.

• Annual Recurring Revenue (ARR) reached USD 83.70 million.

• Larger customers (MRR ≥ USD 500) now represent over 51% of total MRR, up 8 percentage points year-over-year.

• API revenue grew nearly 60% quarter-over-quarter, surpassing USD 100,000 for the first time.

• SOC 2 Type I certification achieved, with Type II expected later in the year.

Financial highlights

• MRR dropped below USD 7 million at year-end but rebounded above that level on January 1.

• Payments for the year reached USD 88.42 million, flat year-over-year due to currency effects.

• Net sales in H1 2025/26 dropped 4.9% year-over-year to PLN 167.6 million.

• EBIT fell 29.5% to PLN 65.3 million, and net profit declined 30.9% to PLN 59.7 million in H1 2025/26.

• Share of customers paying for multiple products rose to 37.2%, up 10 percentage points year-over-year.

Outlook and guidance

• 2026 will focus on expanding product reach, scaling go-to-market efforts, and enhancing distribution channels.

• Dividend advance of 1.15 PLN to be paid in February, reflecting net profit and ongoing investments.

• No formal financial guidance provided, but continued investment in infrastructure and product development is expected.

• Optimism for future growth, but management remains cautious due to market challenges.

• Management notes that the presented data are preliminary and may differ from final periodic report figures.