Exasol

Exasol reported a revenue decline to €19 million for the first half, mainly due to sharply lower one‑time hardware and services revenues. Annual Recurring Revenue (ARR) stood at €37.9 million as of 30 June 2026 and thus remained roughly stable. The company won eleven new customers but saw weaker expansion among existing customers, which it attributed to lower on‑premises investments and delays with sales partnerships. The rolling ARR churn rate improved to 10%; for 2026 Exasol expects an ARR change of -2% to +2%, a revenue decline in the upper single‑digit percentage range and an EBITDA of €3.0–3.5 million. » More on de.investing.com

Exasol’s management now expects ARR for 2026 to be between -2% and +2%, a revenue decline in the high single-digit percentage range, and EBITDA of EUR 3.0–3.5 million. The adjustment is due to a significantly smaller expansion of existing customer relationships, driven by reduced willingness to invest in on-premise infrastructure and a strained market environment, as well as delays in the technical integration of a partner product. Strategic priorities such as data sovereignty and agentic AI boosted new business but could not offset the declining dynamics among existing customers. Preliminary half-year figures: ARR EUR 37.9 million, revenue EUR 19.0 million, recurring revenues EUR 18.9 million, EBITDA EUR 1.6 million. » More on de.investing.com

Exasol reports for fiscal 2025 a revenue increase of 5.6% to €41.8 million, EBITDA of €4.1 million (previous year €2.0 million) and a net profit of €3.1 million after €0.2 million in the prior year. EBITDA was slightly above the forecast ceiling of €4.0 million, yet the market reacted with share price losses amid negative sentiment toward software stocks and a cautious outlook. Operationally the company shows marked profitability progress; whether a recovery rally will begin in 2026 remains unclear. » More on de.investing.com