Third quarter

• Net sales decreased by -7.2 percent to SEK 547.5 (589.9) million, whereof 0.1 percent was underlying growth, and -7.3 percent was negative currency impact
• Subscription sales increased by 21.8 percent to SEK 86.7 (71.2) million, corresponding to 15.8 (12.1) percent of net sales
• EBIT amounted to SEK 79.6 (110.7) million, corresponding to an EBIT margin of 14.5 (18.8) percent
• Earnings per share after dilution amounted to SEK 0.74 (0.91)

January - September

• Net sales decreased by -2.0 percent to SEK 1,669.6 (1,703.2) million, whereof 2.7 percent was underlying growth, and -4.7 percent was negative currency impact
• Subscription sales increased by 30.9 percent to SEK 245.5 (187.6) million, corresponding to 14.7 (11.0) percent of net sales
• EBIT amounted to SEK 193.4 (326.5) million, corresponding to an EBIT margin of 11.6 (19.2) percent

Significant events after the end of the quarter

• On October 23, Yubico announced preliminary numbers for order bookings, net sales and EBIT for Q3 2025 which are confirmed in this report

Webcast/teleconference
Yubico will hold a webcast/conference call today, November 12, 2025, at 09:00 CET. Mattias Danielsson, CEO of Yubico and Snejana Koleva, CFO of Yubico, will present and answer questions.

To participate in the conference, click on the following link: https://yubico.events.inderes.com/q3-report-2025 

Via the webcast, you can ask written questions. If you wish to ask questions verbally, please register on the following link: https://conference.inderes.com/teleconference/?id=5004606

Interim reports
The complete interim report for July to September 2025 will be available on https://investors.yubico.com/en/investors/reports-and-presentations/