Qt Group PLC (MIL:1QTCO)
€ 25.76 (0%) Market Cap: 625.64 Mil Enterprise Value: 712.76 Mil PE Ratio: 22.50 PB Ratio: 2.90 GF Score: 61/100

Q1 2026 Qt Group Oyj Earnings Call Transcript

May 13, 2026 / 12:00 PM GMT
Release Date Price: €19.99

Key Points

Positve
  • Qt Group PLC (QTGPF) reported a net sales increase of 11.6% in Q1 2026, with a notable 18.4% growth in comparable currencies.
  • The company achieved an EBITDA margin of 9.6%, aligning with their targets.
  • Qt Group PLC (QTGPF) has a strong demand for developer licenses, particularly in the defense, medical, and industrial sectors.
  • The integration of IAR is proceeding as planned, with positive feedback from the acquired team, indicating a successful merger.
  • The company maintains long-term customer relationships, with many clients extending their usage of Qt products over several years.
Negative
  • The automotive industry, especially in Western markets, is experiencing slow growth, impacting Qt Group PLC (QTGPF)'s performance in this sector.
  • The company's performance in the Americas is not meeting expectations, continuing a trend from the previous year.
  • IAR's transition from perpetual to subscription licensing is causing a decrease in revenue and profitability for the current year.
  • Qt Group PLC (QTGPF) is facing cost pressures due to high oil prices, affecting the production costs of their customers.
  • The company is undergoing a cost-cutting initiative aiming to save EUR 20 million, which includes personnel reductions and other structural changes.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

QTCOM.HE - Qt Group Oyj
Q1 2026 Qt Group Oyj Earnings Call
May 13, 2026 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Hello and welcome to QT Group's Q1 2026 results presentation. My name is Herta Neranen. I'm the communications lead at QT Group and I'm here today with our CEO, Juha Varalius and our CFO Ann Ceterbari, who will be presenting the results.

After the presentation, we have time for questions, first from the room and if time permits, then from the line.

So let's get going. Stage is yours. Please go ahead, Juha.

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Unidentified_2 [2]
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Thank you. Hello, everyone. My name is Juha Varelius, CEO of Qt, and we're going to go through the Q1, pretty much the same.
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