Exasol Reports Stable ARR and Confirms 2026 Financial Outlook

Exasol AG announced that its Annual Recurring Revenue (ARR) reached 37.9 million euros as of September 30, 2026, remaining nearly level with the 38.3 million euros reported in the same period of the previous year. During the first nine months of 2026, the company acquired 15 new customers, with a focus on its core target sectors. While the company saw growth in its focus areas, it noted a decline in upselling to existing customers, which it attributed to investment restraint. Exasol confirmed its full-year 2026 guidance, which includes an ARR change between -2% and +2%, an upper single-digit percentage decline in revenue, and EBITDA between 3.0 million and 3.5 million euros. Looking ahead, the company expects a temporary increase in the churn rate in the first quarter of 2027 due to expiring contracts, followed by a gradual decline as its customer base consolidation concludes.