Regulatory press release

Interim report July - September 2025

Yubico

Download the release

Quarterly summary

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/

About Yubico

Yubico (Nasdaq Stockholm: YUBICO), the inventor of the YubiKey, offers the gold standard for phishing-resistant multi-factor authentication (MFA), stopping account takeovers in their tracks and making secure login easy and available for everyone. Since the company was founded in 2007, it has been a leader in setting global standards for secure access to computers, mobile devices, servers, browsers, and internet accounts. Yubico is a creator and core contributor to the FIDO2, WebAuthn, and FIDO Universal 2nd Factor (U2F) open authentication standards, and is a pioneer in delivering modern, hardware-based passkey authentication security at scale to customers in over 160 countries.

Yubico’s solutions enable passwordless logins using the most secure form of passkey technology. YubiKeys work out-of-the-box across more than a thousand consumer and enterprise applications and services, delivering strong security with a fast and easy experience.

As part of its mission to make the internet more secure for everyone, Yubico donates YubiKeys to organizations helping at-risk individuals through the philanthropic initiative, Secure it Forward. The company is headquartered in Stockholm and Santa Clara, CA. For more information on Yubico, visit us at www.yubico.com.