EQS-News: EXASOL AG / Key word(s): Half Year Results/Half Year Report
Exasol reports continued strong growth in focus industries in H1 2025
12.08.2025 / 07:30 CET/CEST
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Exasol reports continued strong growth in focus industries in H1 2025

• Revenue growth of +10.8% and EBITDA increase to EUR 2.0 million (H1 2024: EUR 0.7 million), influenced by higher hardware and services revenue with existing customers, particularly in the focus industries
• Annual Recurring Revenue (ARR) in focus industries up 28% to EUR 26.6 million (H1 2024: EUR 20.7 million); share of focus industries in total ARR rises to 69% (H1 2024: 52%)
• Total ARR slightly down by -2.8% to EUR 38.7 million (H1 2024: EUR 39.8 million) due to the ramp-down of business in non-focus industries
• Strong liquidity position provides strategic flexibility: net cash of EUR22.2million as of June 30, 2025 (December 31, 2024: EUR 15.0 million)

Nuremberg, August 12, 2025: Exasol AG (ISIN DE000A0LR9G9), a global technology company and provider of a high-performance analytics engine, successfully continued the strategic sharpening of its focus on defined industries in H1 2025. The related transformation of the customer base and business structure is progressing rapidly.

ARR in the focus industries grew by 28% in H1 2025 to EUR 26.6 million (H1 2024: EUR 20.6 million). Consequently, the share of focus industries in total ARR increased by 17 percentage points to 69% as of June 30, 2025, compared to 52% at the end of H1 2024. This development was driven in particular by the expansion of business with long-standing customer Finanz Informatik, where the annual business volume was doubled and the contract term extended by four years.

Overall, the strong ARR development with customers in focus industries could not fully offset the decline in the non-focus segments, resulting in a decrease in total ARR of -2.8% to EUR 38.7 million (H1 2024: EUR 39.8 million). ARR in non-focus industries declined by EUR 7.0 million, largely due to the ramp-down of ARR at two major European retail customers. The decrease in non-focus industries was higher than initially expected in Q2.

The impact of contract adjustments is expected to diminish as the portfolio continues to shift towards focus industries. The Management Board anticipates a slowdown in the ramp-down dynamics in these segments as early as H2 2025, alongside continued positive momentum in the focus segments. Consequently, Exasol expects ARR growth again in Q3 and Q4 2025.

Exasol’s revenue increased by 10.8% in H1 2025 to EUR 21.5 million (H1 2024: EUR 19.4 million). Compared to ARR, the more positive revenue development was driven by a significant increase in hardware and service sales, particularly in the focus industries, where several customers source the Exasol Analytics Engine together with the required hardware as well as installation and maintenance services from a single provider.

“We clearly see that our strategy of focusing on customers with a strong need for data and infrastructure sovereignty as well as regulatory compliance is resonating very positively. This gives us confidence that we can continue the strong growth momentum in our focus industries,” said Jörg Tewes, CEO of Exasol AG.

EBITDA amounted to EUR 2.0 million, significantly above the prior-year level (H1 2024: EUR 0.7 million). Group earnings also improved to EUR 1.4 million (H1 2024: EUR -0.3 million).

With an increase in net cash to EUR 22.2 million as of June 30, 2025 (December 31, 2024: EUR 15.0 million), Exasol once again underscores the strong cash flow profile of its business model. The high cash balance provides the strategic flexibility to drive innovation and growth while continuing the strategic transformation of the customer base towards the focus industries.

The Management Board confirms its guidance and expects ARR and revenue growth in the mid-single-digit percentage range for the 2025 financial year, as well as EBITDA growth of at least 50% to between EUR 3.0 million and EUR 4.0 million. The Board currently assumes that continued strong double-digit ARR growth in the core markets will offset the faster-than-expected adjustment of the business in non-focus industries.

Key figures H1 2025*

(*) The results are unaudited.

About Exasol AG

Exasol AG (ETR: EXL) is a leading provider of high-performance database technology headquartered in Germany, specializing in on-premises and hybrid IT environments. The company offers customized solutions for customers in highly regulated industries and the public sector, ensuring digital sovereignty and compliance with the EU General Data Protection Regulation (GDPR).

Exasol is the world’s most powerful analytics engine, purpose-built to handle the most demanding data workloads with an unmatched price/performance ratio.

Trusted by global enterprises across diverse industries, Exasol delivers exceptional reliability and performance. With in-memory computing, massively parallel processing (MPP), self-tuning functionality, and advanced AI capabilities, Exasol simplifies complex analytics. This enables organizations to extract maximum value from their data while maintaining operational cost efficiency.

Whether used as a standalone data warehouse, an analytics accelerator, or an AI/ML model enabler, Exasol ensures reliable, high-performance analytics across both on-premises and hybrid environments.

For more information about how Exasol can transform your data analytics capabilities, visit www.exasol.com.

IR and Press Contact

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
Email: ir@exasol.com

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