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Huddly
Huddly (HDLY) investor relations material
Huddly Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary25 Feb, 2026
Executive summary
Q4 2025 revenue reached NOK 64 million, up 26% year-over-year, with full-year revenue at NOK 211 million, a 42% increase year-over-year.
Gross margin was 44% in Q4 2025 (47% excluding one-off items), and 46% for the full year.
Strategic partner revenue reached its highest level since Q1 2023, with new agreements and first shipments to Jabra and Lenovo.
Operational efficiency improved, with operating expenses reduced and a significant year-over-year reduction in losses.
Strong presence at ISE in Barcelona, with new product launches and expanded partner collaborations.
Financial highlights
Q4 2025 revenue: NOK 64.2 million (+26% YoY); full-year 2025: NOK 211.3 million (+42% YoY).
Gross profit for 2025 was NOK 97 million, a 36% increase year-over-year.
EBITDA and EBIT improved in Q4 and for the full year, reflecting operational efficiency.
Cash flow from operations was NOK 4 million in Q4; year-end cash balance was NOK 69 million.
Net loss before tax: NOK 28.4 million in Q4 2025 (vs. NOK 27.4 million loss in Q4 2024).
Outlook and guidance
Revenue targets: NOK 450–550 million in 2026, NOK 625–725 million in 2027, NOK 750–850 million in 2028; gross margin target 45–50%.
Cash flow positive targeted for the second half of 2026.
Lenovo partnership expected to generate revenue from Q2 2026.
DRAM price increases expected to pressure gross margin in 2026 and possibly 2027; mitigation strategies in place.
Continued investments in R&D and onboarding of strategic partners to support growth.
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Latest events from Huddly
- Q2 revenue up 18% sequentially, margin at 39%, US patent granted, and CEO transition.HDLY
Q2 202423 Jan 2026 - Q4 2024 revenue up 97% and gross margin at 59%, fueled by Huddly Crew and key partnerships.HDLYQ4 202423 Dec 2025
- Revenue up 37% to NOK 45.3m, gross margin 53%, but losses widened amid market uncertainty.HDLYQ1 202524 Nov 2025
- Q2 2025 revenue up 45% year-over-year, with improved margins and strong partnership momentum.HDLYQ2 202523 Nov 2025
- Q3 2025 revenue up 75% YoY, gross margin at 45%, and growth led by new partnerships.HDLYQ3 20256 Nov 2025
- Revenue bottomed in Q3 2024, but new deals and funding signal a turnaround ahead.HDLYQ3 202413 Jun 2025
Next Huddly earnings date
Q1 20267 May, 2026
Huddly
Next Huddly earnings date
Q1 20267 May, 2026
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