Touchtech (TOUCH) Q3 2026 earnings summary

Executive summary

• Recurring revenue grew 19% YoY in Q3 and accounted for 88% of net sales, as customer-funded development and hardware sales wound down.

• The business completed its transition to a software-only model; rolling 12-month recurring revenue reached SEK 14,214k, up 48% YoY.

Financial highlights

• Q3 net sales were SEK 3,807k vs SEK 4,733k YoY; recurring revenue rose to SEK 3,354k from SEK 2,830k.

• Q3 EBITDA was SEK 3,239k vs SEK 3,010k; 9M EBITDA increased 17% to SEK 9,900k from SEK 8,471k.

• 9M net sales were SEK 13,418k vs SEK 14,260k; customer-funded product development fell 65% to SEK 2,192k.

• 9M loss before tax was SEK 1,660k vs SEK 1,291k; EPS was -SEK 0.15 vs -SEK 0.12.

Segment performance

• 9M Digital Showroom recurring revenue rose 62% to SEK 6,274k; InStore recurring revenue increased 23% to SEK 4,265k, while Lima was unchanged at SEK 25k.

• Q3 recurring revenue was SEK 2,108k from Digital Showroom and SEK 1,238k from InStore; Puma wholesale-workflow digitalization continued during the quarter.

• Hardware sales totaled SEK 587k in 9M, including SEK 174k in Q3; Q3 was the final hardware sales quarter.