Das deutsche Datenbanktechnologieunternehmen Exasol meldete einen Umsatzrückgang von 19 % im ersten Halbjahr auf 19 Millionen Euro, angetrieben durch einen starken Rückgang in nicht wiederkehrenden Umsätzen, einschließlich Hardware und Dienstleistungen.
Annual recurring revenue (ARR) remained nearly flat at €37.9 million as of June 30, 2026, compared with the prior-year period, while the rolling ARR churn rate improved to 10% from 24% at the end of 2025. The company added eleven new customers during the six-month period, primarily in data sovereignty and agentic AI workloads, although expansion with existing clients underperformed due to reduced investment in on-premises infrastructure and delays in the rollout of a strategic partnership.
For the hele år 2026, forventer Exasol at ARR skal forblive innen et smalt intervall på minus 2 % til pluss 2 %, mens den totale inntekten forventes å falle i en éncifret prosent mellom 0 og 10 %. Selskapet har strammet sin prognose for årets EBITDA til et intervall på €3,0 millioner til €3,5 millioner, med henvisning til lavere inntekter fra engangsinntekter og en langsommere enn forventet implementering av nye produkter.
Revenue decline followed widespread corporate caution towards capital expenditures in IT infrastructure, particularly for on-premises solutions, as organizations prioritize cloud and operational efficiency. Exasol's focus on data sovereignty and AI workloads has supported customer additions, but has not yet offset the broader softness in discretionary spending on hardware and professional services.
