Upsales Technology AB (publ) publishes preliminary financials for the second quarter of 2026
Upsales Technology AB (publ) publishes preliminary financials for the second quarter of 2026
Net sales for the quarter are expected to amount to approximately 41.4 MSEK, a year-on-year increase of approximately 10.7 per cent.
On a pro forma basis - excluding costs related to Aira (which was part of Upsales until the Lex ASEA dividend in mid-May 2026) and excluding extraordinary costs related to the spin-off - EBITDA margin is expected to amount to approximately 36-38 per cent. This exceeds the previously communicated guidance of 35 per cent.
Annual Recurring Revenue (ARR) increased by approximately 1.1 MSEK quarter-on-quarter compared with the first quarter of 2026, to approximately 154.0 MSEK.
Daniel Wikberg, CEO, comments:
"I'm pleased to see a very strong margin this quarter and continued double-digit revenue growth. It's also good to see ARR growing again after being flat quarter-on-quarter in Q1. Going into Q3, churn is lower and we have a good chance of accelerating growth."
The figures above are preliminary. Complete financial information for the second quarter will be presented in Upsales' interim report, to be published on 22 July 2026.