TeamViewer
Logotype for TeamViewer AG

TeamViewer (TMV) investor relations material

TeamViewer Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for TeamViewer AG
Q1 2026 earnings summary6 May, 2026

Executive summary

  • Q1 2026 revenue was €183.2m, broadly stable year-over-year at -0.4% constant currency, with ARR at €737.3m (+0.2% cc yoy).

  • Enterprise ARR grew 8% cc year-over-year, offsetting SMB softness and one-off churn effects.

  • Adjusted EBITDA increased 2% year-over-year to €83.0m, with a margin of 45.3%.

  • TeamViewer ONE adoption accelerated, with ARR doubling quarter-over-quarter and average daily billings doubling since December 2025.

  • AI adoption is scaling rapidly, with over 1.4 million cumulative AI sessions and strong customer traction.

Financial highlights

  • ARR reached €737.3m (+0.2% cc yoy); revenue was €183.2m (-0.4% cc yoy), both broadly flat year-over-year.

  • Adjusted EBITDA was €83.0m (+2% yoy), margin 45.3% (+2pp yoy).

  • Net income increased 15% year-over-year to €34.2m; adjusted EPS was €0.29.

  • Levered Free Cash Flow (FCFE) was €23.8m, down 47% year-over-year due to timing and one-off legal payments.

  • Net debt reduced to €870.0m; net leverage ratio improved to 2.5x.

Outlook and guidance

  • Full-year 2026 guidance reaffirmed: constant currency revenue growth of 0–3% versus 2025 and adjusted EBITDA margin around 43%.

  • ARR growth acceleration expected in H2 2026 as temporary headwinds subside.

  • SMB churn to remain elevated in Q2, then stabilize.

  • Levered free cash flow expected between €190m and €210m for 2026.

  • Currency fluctuations, especially USD, expected to negatively impact reported revenue by 2.5 percentage points.

Explain the 10pp drop in Enterprise NRR cc yoy
Drivers of the 47% adjusted FCFE decline in Q1
1E churn impact on DEX segment ARR performance
Enterprise NRR adjusted for SMB net upsell
Drivers of the 47% Levered FCFE decline
TeamViewer ONE endpoint-based pricing transition
Explain the shift to endpoint-based pricing
Describe how the AEM flywheel creates a moat
Detail the 1E integration revenue synergies
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next TeamViewer earnings date

Logotype for TeamViewer AG
Q2 202628 Jul, 2026
TeamViewer
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next TeamViewer earnings date

Logotype for TeamViewer AG
Q2 202628 Jul, 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.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

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.
App-store-avatar.png play-store-avatar.png
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
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.
App-store-avatar.png play-store-avatar.png
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage