Oslo, Norway, August 14, 2025 - Pexip Holding ASA ("Pexip" or "The Company", Oslo Børs Ticker: PEXIP), today presented its quarterly results for the second quarter and first half of 2025. Key highlights for the quarter include:
- Q2 2025 revenue of NOK 281 million, up 6% y-o-y.
- Pexip’s subscription base measured in ARR was USD 119.0 million at the end of Q2 2025, up 11% y-o-y.
- Growth driven by Secure and Custom where ARR grew 27% year-on-year, with key wins in Defense, Healthcare and Government. Connected Spaces ARR grew 2% year-on-year.
- EBITDA excluding other gains and losses amounted to NOK 57.3 million, up from NOK 36.0 million in the same quarter last year. EBITDA including other gains and losses amounted to NOK 56.5 million, up from NOK 33.0 million in the same quarter last year.
- Free cash flow of NOK 32.1 million in the quarter, down from NOK 67.7 million in Q2 2024, with a cash and money market fund position of NOK 544.2 million and no material interest-bearing debt exiting Q2 2025. Paid dividend of NOK 259.8 million and bought back shares for NOK 58.0 million in Q2 2025. Have completed share buyback program in Q3 2025 for NOK 99.9 million in total.
- Outlook for Q3 2025 of USD 120-123 million.
“We continue to see strong momentum in Secure and Custom video, with growth of 27% year-on-year. This is driven by an increased focus and awareness of the importance of sovereign IT systems and end to end control. Pexip is uniquely positioned to provide this for video communication with our cutting edge self-hosted platform and proven ability to deliver.” Trond K. Johannessen Chief Executive Officer
Analyst consensus estimates
Every quarter ahead of the earnings announcement, Pexip collects earnings estimates from the equity analysts currently covering the Company. The consensus estimates and the methodology used in the preparation of the consensus estimates are published on the Company’s IR web pages here: https://investor.pexip.com/consensus
Q2 results presentation
The second quarter results for 2025 will be presented by video webcast today, Thursday August 14, 2025 at 08:30 CET. The presentation will be held by Trond K. Johannessen (CEO), Øystein Dahl Hem (CFO), and Åsmund Fodstad (Chief Revenue Officer) The presentation will be held in English and conducted as a webcast. Questions can be submitted to IR@pexip.com in advance of the presentation or live during the presentation.
Please join the webcast via the following link: https://www.pexip.com/events/q2-2025-results-presentation
A recorded version of the presentation will also be available after the webcast is concluded.
For questions, please contact: Øystein Dahl Hem, CFO, IR@pexip.com, +47 992 34 596
About Pexip | pexip.com Pexip is a video technology company that offers multi-platform software for various purposes such as business meetings, secure government communication, doctor's appointments, and court proceedings. It is an excellent tool for organizations that want seamless, secure, and scalable meetings that enhance the video experience. Pexip (PEXIP) is listed on the Oslo Stock Exchange. Visit us at www.pexip.com or on LinkedIn
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5 -12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Øystein Dahl Hem, CFO, Pexip Holding ASA, on August 14, 2025 at 07:00 CEST.