Earnings release
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19 AUG 2026 Exasol AG confirms preliminary figures for the first half of 2026 and publishes Half - Year Report EXASOL AG / Key word ( s ) : Half Year Report / Half Year Results Exasol AG confirms preliminary figures for the first half of 2026 and publishes Half - Year Report 19.08.2026 / 07:30 CET / CEST The issuer is solely responsible for the content of this announcement . Exasol AG confirms preliminary figures for the first half of 2026 and publishes Half - Year Report Nuremberg , August 19 , 2026 : Exasol AG ( ISIN DE000A0LR9G9 ) , a global technology company and provider of high - performance database technology , has confirmed its preliminary figures for the first half of 2026 and today publishes its Half - Year Report 2026. The planned reduction in ARR churn , the addition of eleven new customers , and the growing momentum in data sovereignty and agentic Al were unable to fully offset the weaker development in the expansion of existing customer relationships . The Company continues to pursue its goal of sustaining positive momentum in new customer business and further expanding data sovereignty and agentic Al as strategic growth areas . ARR ( Annual Recurring Revenue ) as of June 30 , 2026 , was EUR 37.9 million ( June 30 , 2025 : EUR 38.1 million ) . Recurring revenue increased to EUR 18.9 million ( H1 2025 : EUR 18.6 million ) . Revenue amounted to EUR 19.0 million ( H1 2025 : EUR 21.5 million ) and EBITDA to EUR 1.6 million ( H1 2025 : EUR 2.0 million ) . The revenue decline in the first half of the year was primarily attributable to lower non - recurring hardware and service revenue , which totaled EUR 0.1 million , compared with EUR 2.9 million in the prior - year period . ARR churn developed positively , as planned . The volume of contract cancellations and adjustments decreased to EUR 1.9 million in the first half of 2026 , compared with EUR 8.1 million in the prior - year period . The rolling ARR churn rate declined to 10 % as of June 30 , 2026 , compared with 24 % at the end of financial year 2025 . Exasol added eleven new customers in the first half of the year . Positive momentum in new customer business was driven by the strategic focus on data sovereignty and support for agentic Al workloads . The expansion of existing customer relationships , by contrast , developed below expectations , primarily due to reduced willingness to invest in new on - premises infrastructures and a delayed sales rollout with a strategic cooperation partner . For financial year 2026 , Exasol expects – in line with the guidance revised on August 12 , 2026 - ARR to change by between -2 % and + 2 % , revenue to decline in the upper - single - digit percentage range , and EBITDA to range between EUR 3.0 million and EUR 3.5 million . Detailed Information and Earnings Call The Half - Year Report 2026 is available at https://ir.exasol.com/ .