Xplora Q3 2026 Report
Xplora Q3 26: Continued growth in subscriptions and gross profit, with Q3 EBITDA after capex up 8% to NOK 64m
Oslo, 12 November 2026 -- Xplora Technologies AS ("Xplora") today published its results for the third quarter and first nine months of 2026, showing year-on-year growth in the three KPIs: subscriptions, gross profit, and EBITDA after capex. This demonstrates the continued resilience of the business strategy in a challenging consumer sentiment.
Total revenue in Q3 26 was NOK 555m, up 9% year-over-year. Device revenue grew 9% to NOK 459m, with service revenue up 7% to NOK 96m and Annual Recurring Revenue (ARR) of NOK 384m. Gross profit was up 7% to NOK 282m, with gross margin at 51% (52%). Reported EBITDA was flat at NOK 72m, whereas EBITDA after Capex increased 8% year-on-year to NOK 64m.
“We have continued to grow gross profit while protecting gross margins in our Children & Youth segment, while the successful acquisition of emporia has added scale and supported the financial performance in the Senior segment,” says CEO Sten Kirkbak.
“We are bringing Xplora, Doro and emporia together into a more efficient and scalable organisation, building on our shared technology, platforms, markets and capabilities, to support future growth,” Kirkbak adds.
For the first nine months, Group revenue increased by 3% year-on-year to NOK 1,353m, with service revenue growing 11% to NOK 278m and device revenue up 1% to NOK 1,075m. Gross profit was NOK 714m, up 4%, and the gross margin 53% (52%). EBITDA was up 6% to NOK 148m, and EBITDA after Capex up 25% to NOK 121m.
“With a combined historical annual sales volume of approximately 1.8m devices across Children & Youth and Senior, we have a strong foundation for subscription growth. Our ambition to reach one million subscriptions remains firm, supported by three strategic growth drivers: broadening our product range with more connectable devices, rolling out connectivity solutions in the Senior market and expanding into new MVNO markets,” says Kirkbak.
---
The company will present the financial results for the third quarter and first nine months today at 08:00 CET at the offices of SpareBank 1 Markets in Olav Vs gate 5, 0161, Oslo.
Program (all times in CET):
07:00: Q3 2026 report published on NewsWeb and Xplora IR website.
08:00: Live and webcasted presentation of the Q3 2026 results by CEO Sten Kirkbak, CFO Knut Stålen, and CCO Kjetil Fennefoss, followed by a Q&A session.
The presentation will be transmitted via live webcast on the company's website at www.xplora.com/investor, and a recording will be made available on the company's website following the event.
For further information please contact:
Sten Kirkbak, CEO +47 922 03 710, sten.kirkbak@xplora.com
Knut Stålen, CFO +47 920 43 458, knut.stalen@xplora.com
The information contained in this statement has not been audited and may be subject to change. This information is subject to disclosure requirements pursuant to the Norwegian Securities. Trading Act section 5-12.
About Xplora Technologies AS:
Xplora Technologies is a Norway-founded, technology company creating smart devices, services and communication solutions for children, youth and seniors that keep families connected, safe, and balanced. The company's purpose is to build a safer and healthier digital life for all generations. As the pioneer of the kids' smartwatch category in Europe, Xplora Technologies today serves the full spectrum of family needs from early childhood to later life, through its three brands Xplora, Doro and emporia. The company positions itself as a family-first organisation and a trusted advisor for parents and caregivers throughout the digital journey, delivering the right technology at the right time. Xplora Technologies is headquartered in Oslo, Norway with operations in leading European markets and North America. The company is listed on Euronext Growth under the ticker XPLRA.