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EKINOPS
EKINOPS (EKI) investor relations material
EKINOPS Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 TU earnings summary14 Jan, 2026
Executive summary
FY 2025 revenue reached €105.0M, down 11% year-over-year, with Q4 revenue of €25.6M, a 15% sequential increase from Q3 2025.
Software & Services segment grew 27% in 2025, now representing 25% of total revenue, up from 18% a year earlier.
Olfeo, consolidated since June 2025, contributed €3.7M to annual revenue and €1.6M in Q4.
Financial highlights
Annual recurring revenue (ARR) stood at €15.8M as of December 31, 2025.
Q4 2025 revenue declined 14% year-over-year but rose 15% sequentially from Q3.
Access equipment sales fell 15% in 2025, mainly due to a 30% drop from the largest French customer.
Optical Transport revenue declined 12% year-over-year, with North America particularly impacted.
Outlook and guidance
Gradual market recovery expected, driven by AI and Cloud applications.
New product launches in Optical Transport and Access segments to support growth from 2026.
FY 2026 financial targets to be communicated with 2025 annual results.
Detail ARR components and growth drivers
Quantify NA customer recovery impact on 2026
How will sovereign SSE/SASE compete on cost?
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Next EKINOPS earnings date
H2 202510 Mar, 2026
EKINOPS
Next EKINOPS earnings date
H2 202510 Mar, 2026
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