Qt Group Oyj

QTCOM

Equity

ISIN FI4000198031 / Valor 32431882

NASDAQ Helsinki Ltd, Equities (2026-01-20)

EUR 30.16-0.85%

Qt Group Oyj
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About company

Qt Group Oyj, headquartered in Espoo, Finland, operates as a leading global software company, serving over 1.5 million developers and numerous industry leaders across more than 70 industries in over 180 countries. The company specializes in providing comprehensive software development solutions that span the entire product development lifecycle, including user interface design, software development, quality management, and deployment. Qt Group's product offerings are designed to enhance productivity at every stage of the development process, making it a valuable partner for companies looking to streamline their product development operations. The company's commitment to quality and safety is underscored by the certification of its Qt Safe Renderer 1.0 by TÜV NORD, meeting the tool requirements of several standards, including IEC 62304:2015. This certification highlights Qt Group's capability to support software safety life cycles, further establishing its role as a trusted software provider. Additionally, Qt Group's success is bolstered by a vibrant community of over 1.5 million developers worldwide, who contribute to the framework's quality and innovation by identifying bugs, fixing issues, and sharing new features, thereby continuously enriching the Qt ecosystem. With almost 800 employees globally, Qt Group remains at the forefront of software development, offering solutions that cater to a wide array of industries and helping companies achieve their product development goals efficiently.

Summarized from source with an LLMView SourceSector: Technology

Top‑line and currency

Q3 net sales: EUR 40.7m (‑3.4% YoY). At comparable exchange rates Q3 sales declined 0.2%. Jan–Sep net sales: EUR 139.2m (‑1.0% YoY; +0.9% at comparable rates).

Profitability

Q3 operating profit (EBITA) EUR 4.3m (10.5% margin) vs. EUR 10.3m (24.5%) a year earlier; EBIT EUR 2.3m (5.6%). YTD EBITA EUR 24.4m (17.5% margin). Management cites weaker sales and acquisition‑related one‑offs as key drivers of lower margins.

Earnings per share

Q3 EPS was EUR 0.06 (Q3 2024: EUR 0.30). EPS for Jan–Sep 2025 was EUR 0.52 (Jan–Sep 2024: EUR 1.13).

Product mix

License sales and consulting fell 4.2% in Q3, while maintenance revenue increased 5.7% — indicating recurring maintenance strength despite softer developer/distribution licensing.

IAR acquisition impact

Qt initiated and is completing the IAR acquisition. Management estimates IAR will add ~EUR 8–10m to net sales in the remainder of 2025. One‑off acquisition costs are estimated at ~EUR 6–7m for 2025, of which ~EUR 1.7m was booked in Q3. IAR is expected to expand Qt’s addressable MCU and safety‑critical markets.

Guidance update and outlook

On October 17, 2025 Qt lowered its full‑year outlook: updated 2025 guidance expects net sales growth of +3–10% (at comparable FX) and an EBITA margin of 20–30% (previously 10–20% sales growth and 30–40% EBITA margin).

Balance sheet and cash

Strong cash position: cash and equivalents EUR 93.9m at 30 Sep 2025. Interest‑bearing liabilities EUR 7.1m. Net gearing strongly negative at ‑45.5% and equity ratio 84.5%, providing financial flexibility for the IAR transaction.

Market drivers and risks

Management points to weaker customer purchasing behaviour and smaller average deal sizes (notably in automotive) as the main near‑term headwinds. Longer contract lead times, FX exposure and acquisition integration are highlighted as continuing risks and uncertainties.

Summarized from source with an LLMView Source

Key figures

-60.7%1Y

-37.4%3Y

-47.8%5Y

Performance

53.5%1Y

48.3%3Y

53.3%5Y

Volatility