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Exasol (EXL) investor relations material
Exasol Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong financial performance in 2025, driven by strengthened sales, new partnerships, and AI integration at the core of the growth strategy.
Strategic realignment focused on key industries led to increased business volume and improved financial metrics.
Financial highlights
Revenue increased by 5.6% to €41.8 million compared to €39.6 million in the prior year, mainly due to one-time hardware and service revenue.
EBITDA doubled to €4.1 million from €2.0 million year-over-year.
Consolidated net income rose significantly to €3.0 million from €0.2 million in the previous year.
Equity ratio improved to 34.2% from 23.8% at the end of 2024.
Cash and cash equivalents increased to €18.7 million from €15.0 million at year-end 2024.
Outlook and guidance
2026 outlook confirmed: expects mid-single-digit percentage ARR growth and EBITDA between €3 million and €4 million.
Revenue projected to decline in the mid-single-digit percentage range due to lagging effects from 2025 ARR decline and lower one-time hardware/services revenue.
Anticipates significant reduction in ARR churn and acceleration in new customer business, supported by strategic partnerships.
- EBITDA and net income surged, with focus industries driving ARR growth despite overall ARR decline.EXL
Q4 2025 TU3 Feb 2026 - First positive EBITDA since IPO, 12% ARR growth, and strong cash position in H1 2024.EXL
H1 20241 Feb 2026 - Positive EBITDA and double-digit growth achieved, with focus on regulated, hybrid markets.EXL
Q3 2024 TU14 Jan 2026 - Q1 2025 revenue and profitability surged, with focus verticals driving growth amid ARR decline.EXL
Q1 2025 TU26 Nov 2025 - Revenue up 10.8%, profitability rose, and focus verticals now drive 69% of ARR.EXL
Q2 202523 Nov 2025 - Revenue and EBITDA up, ARR down 4.1%; focus verticals and MariaDB to drive 2026 growth.EXL
Q3 2025 TU12 Nov 2025 - ARR fell 4.1% on high churn, but focus verticals and partnerships set up for 2026 growth.EXL
Trading Update27 Oct 2025 - First full-year profit since IPO, with double-digit revenue growth and improved outlook.EXL
H2 20249 Jun 2025 - Profitability reached in 2024, focus verticals drove growth, and strong 2025 outlook set.EXL
Q4 2024 TU5 Jun 2025
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