Interim report April - June 2026

YUBICORegulatory press release2026-08-06 07:00

Quarterly summary
Second quarter

Net sales increased by 9.0 percent to SEK 543.9 (499.1) million, whereof 11.7 percent was organic change, and -2.8 percent was negative currency impact.
Subscription sales increased by 23.4 percent to SEK 97.8 (79.2) million, corresponding to 18.0 (15.9) percent of net sales. ARR increased by 4.4 percent to SEK 411.8 (394.4) million.
EBIT amounted to SEK 78.5 (21.2) million, corresponding to an EBIT margin of 14.4 (4.2) percent.
Earnings per share after dilution amounted to SEK 0.70 (0.10).
Bookings decreased by -7.2 percent to SEK 577.1 (621.8) million, whereof -4.8 percent was organic change, and -2.4 percent was negative currency impact.

January - June

Net sales decreased by -8.8 percent to SEK 1,023.2 (1,122.1) million, whereof -0.5 percent was organic change, and -8.4 percent was negative currency impact.
Subscription sales increased by 18.6 percent to SEK 188.4 (158.8) million, corresponding to 18.4 (14.2) percent of net sales.
EBIT amounted to SEK 93.4 (113.8) million, corresponding to an EBIT margin of 9.1 (10.1) percent. Expenses related to the reorganization amounted to SEK -21.0 million, fully recognized in Q1, resulting in gross annualized cost savings of approximately SEK 95 million with effects starting in Q2.
Earnings per share after dilution amounted to SEK 0.95 (0.68).

Significant events after the end of the quarter
On July 21st, Yubico launched YubiKey 5.8, extending hardware-backed security beyond authentication to verified authorization across digital signatures, identity wallets, secure payments and AI-driven approvals.

Webcast/teleconference
Yubico will hold a webcast/conference call today, August 6, 2026, at 09:00 CET. Jerrod Chong, CEO, Snejana Koleva, CFO and Alexandra Barganowski, IR of Yubico will present and answer questions.
To listen to the conference, click on the following link:
https://yubico.events.inderes.com/q2-report-2026

Via the webcast, you can ask written questions. If you wish to ask questions verbally, please register on the following link: https://events.inderes.com/yubico/q2-report-2026/dial-in

Interim reports
The complete interim report for April to June 2026 will be available on https://investors.yubico.com/en/investors/reports-and-presentations/

About Yubico

Yubico (Nasdaq Stockholm: YUBICO) is a global cybersecurity pioneer dedicated to making the digital world safer for everyone. As the creator of the YubiKey, Yubico set the gold standard for phishing-resistant, hardware-backed authentication—virtually eliminating account takeovers while keeping secure login effortless. A leader in authentication since 2007, Yubico co-created global standards like FIDO2, WebAuthn, and FIDO U2F, and introduced the foundational technology behind the modern passkey. Today, the company’s passkey solutions secure businesses, governments, and individuals in more than 160 countries, safeguarding the entire digital identity lifecycle from onboarding to recovery. Trusted by the world’s most security-conscious brands, AI frontiers, and institutions, YubiKeys deliver fast, friction-free, passwordless access across hundreds of enterprise applications out of the box. True to its mission, Yubico also drives the Secure it Forward philanthropic initiative, donating YubiKeys to vulnerable communities and nonprofits globally. Our global footprint includes headquarters in Stockholm, Sweden; Silicon Valley, California; and Singapore. Yubico is proud to be recognized as one of TIME’s 100 Most Influential Companies and Fast Company’s Most Innovative Companies. Learn more at www.yubico.com.