)
Visual
test
EROAD
EROAD (ERD) investor relations material
EROAD H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary20 Nov, 2025
Executive summary
Revenue for H1 FY26 was $99.1 million, up 3.3% year-over-year, with ARR rising 6.9% to $178.1 million and normalized free cash flow at $16.7 million after excluding one-off 4G upgrade costs.
A $134.7 million impairment in North America, due to competitive pressures, economic conditions, and a major customer non-renewal, resulted in a significant net loss.
Liquidity remains strong at over $62 million, supporting investment flexibility and disciplined cost management.
Strategic focus is shifting toward Australia and New Zealand, leveraging regulatory changes in NZ to expand eRUC services and drive future growth.
Financial highlights
Normalized EBIT was $2.5 million, while reported EBIT was -$133.9 million due to the North American impairment.
EBITDA was $28.7 million, down $0.5 million year-over-year, reflecting higher platform and recruitment costs.
Free cash flow was $6.2 million, or $16.7 million when normalized for the 4G upgrade program.
Operating costs rose due to higher SaaS costs, recruitment, and lower R&D capitalization.
Cash from operations increased to $25.7 million, up $8.4 million from the prior year.
Outlook and guidance
FY26 guidance reaffirmed: revenue of $197–$203 million, ARR of $175–$183 million, and normalized free cash flow margin of 5–8%.
Growth investment prioritized in Australia and New Zealand, with slower growth anticipated in North America.
Investor Day planned for March to detail product roadmap and long-term targets.
North America operational strategy post-impairment
NZ universal eRUC: details on light vehicle pilot
Update on October 2026 debt refinancing plans
How does NZ eRUC prove global capability?
North America: What is the path to growth?
How does Manila office improve operating leverage?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRINet loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high.
- 6 FebCRINet loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
- 6 FebEMBASSY
Record revenue, NOI, and distributions highlight strong growth and robust segment performance. - 6 FebCRIRevenue fell and losses deepened, but ESA contracts and R&D projects drive future prospects.
Next EROAD earnings date
H2 202625 May, 2026
EROAD
Next EROAD earnings date
H2 202625 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
EROAD Limited is a New Zealand-based technology company that provides fleet management, telematics, and compliance solutions for commercial vehicles. The company offers a range of products and services focused on vehicle tracking, driver behavior monitoring, fuel management, and regulatory compliance, primarily for industries such as transportation, logistics, and construction. EROAD’s solutions use GPS and wireless technology to deliver data-driven insights, helping businesses improve fleet efficiency, safety, and operational transparency. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage