Basler Ag · XETR:BSL
Basler — Q1 2026 Earnings Presentation
24 slides from Basler's earnings presentation, May 6, 2026
Slide 1: 3-Months Report 2026
3-Months Report 2026 May 6th, 2026 Hardy Mehl | CEO Ines Brückel | CFO
Slide 2: Disclaimer
Disclaimer This document includes forward looking statements on Should these views or assumptions prove to be wholly or Basler AG, its subsidiaries and associates („Group“), and on partly incorrect, or should further risks arise, actual business the economic, political and/or legal conditions that m
Slide 3: Agenda
Agenda 01 Executive Summary 02 Financials 03 Share 04 Outlook 05 Q&A
Slide 4: Executive Summary: Market Environment 2025
Executive Summary Market Environment 2025 German Industry for Vision Components: Bookings yoy +20 %, billings yoy +9 % (VDMA*) ▪ Broader market recovery in many verticals. Manufacturing PMIs for investment goods above 50 with positive trends. ▪ Strong market development in semicon, consumer electron
Slide 5: Executive Summary: Basler Situation Q1 2026
Executive Summary Basler Situation Q1 2026 Q1 2026 vs. Q1 2025: Bookings yoy +64 %, billings yoy +30 % ▪ Basler clearly outperformed the industry ▪ Strong order momentum accelerated in Q1 – positive book-to-bill ratio ▪ Highest growth region China. Strong business momentum in all regions ▪ Gross Pro
Slide 6: Executive Summary: Team
Executive Summary Team FTEs e/o Q1 2025 FTEs e/o Q1 2026 22 % 23 % Operations Operations 41 % 37 % Sales & Sales & Marketing 849 Marketing 836 13 % 17 % Administration Administration 24 % 23 % R&D R&D R&D gross quota from sales (adj.): 12.9 % R&D gross quota from sales: 9.6 % Public | © Basler AG 6
Slide 7: Executive Summary – Product update: New products launches Q1 2026
7 Executive Summary – Product update New products launches Q1 2026 We have launched 2025 the following products on the market: TDI Vision System Stereo mini Basler Vision GMSL Vision System Simulator NVIDIA GTC, LogiMat, Stuttgart Vision China, San Jose, USA March 24 – 26, 2026 Shanghai March 16 – 1
Slide 8: Agenda
Agenda 01 Executive Summary 02 Financials 03 Share 04 Outlook 05 Q&A
Slide 9: Financials: Total Sales and Distribution by Region
Financials Total Sales and Distribution by Region Global Organization 1 Headquarters, Germany 2 U.S 3 Taiwan 1 4 Singapore 2 10 5 China 9 6 7 5 6 Korea 3 7 Japan 34 % (PY: 28%) 8 8 India China 17 % (PY: 24 %) 4 9 Italy Americas 10 France TOTAL € 77.3 mill. Sales Offices 21 % (PY: 20 %) 28 % (PY: 28
Slide 10: Financials: Bookings and Billings
Financials Bookings and Billings Bookings +64 %; billings +30 % yoy 85.6 77.3 65.3 59.5 61.2 58.5 56.3 52.1 52.2 56.5 Q1 Q2 Q3 Q4 Q1 2025 2026 Public | © Basler AG Incoming Orders mill. € Revenue mill. € 12
Slide 11: Financials: Gross Profit and Gross Margin
Financials Gross Profit and Gross Margin 51.5 47.5 48.4 48.0 45.6 50.0 39.8 40.0 28.2 27.3 27.1 23.8 30.0 20.0 10.0 0.0 Q1 Q2 Q3 Q4 Q1 2025 2026 Gross Profit mill. € (adj. in 2025) Gross Margin % (adj. in 2025) Public | © Basler AG 13
Slide 12: Financials: EBIT and EBIT Margin
Financials EBIT and EBIT Margin 22.7 25.0 20.0 20.0 10.5 10.3 4.8 5.6 17.6 10.0 15.0 0.0 10.0 6.2 5.8 -10.0 5.0 2.5 3.2 -20.0 0.0 -30.0 Q1 Q2 Q3 Q4 Q1 2025 2026 EBIT mill. € (adj. in 2025) EBIT Margin % (adj. in 2025) Public | © Basler AG 14
Slide 13: Financials: P&L Q1 2026 vs. Q1 2025
Financials P&L Q1 2026 vs. Q1 2025 (in € mill.*) P&L Q1 2025 in € mill.* Q1 2026 (adj.) +/- Order Entry 85.6 52.1 64% Revenue 77.3 59.5 30% Gross Profit Margin 51.5% 47.5% 4.0 Pp. EBITDA 21.0 10.1 >100% EBIT 17.6 6.2 >100% EBIT Margin 22.7% 10.5% 12.2 Pp. Net Income 13.0 4.8 >100% EPS in € 0.42 0.16
Slide 14: Financials: Free Cashflow
Financials Free Cashflow 11.0 9.0 9.6 8.0 7.6 6.0 5.3 4.8 1.5 -1.8 -2.7 -2.5 -2.1 -2.7 -2.8 Q1 Q2 Q3 Q4 Q1 2025 2026 OCF mill. € (adj. in 2025), pro-forma* ICF mill. € (adj. in 2025), pro-forma* FCF mill. € (adj. in 2025), pro-forma*/ ** *adj., pro forma: Q2-Q4 2025 figures are derived on an indicat
Slide 15: Financials: Liquidity and Cashflow
Financials Liquidity and Cashflow (in € mill.) Cash Flow Q1 2025 in € mill. Q1 2026 (adj.) +/- Cash b/o period 29.0 21.3 36% Cashflow from Operations 7.6 1.5 >100% Cashflow from Investments -2.8 -2.7 -4% Exchange rate effects cash holdings -0.1 -0.6 91% Free Cashflow 4.8 -1.8 >100% Cashflow from Fin
Slide 16: Agenda
Agenda 01 Executive Summary 02 Financials 03 Share 04 Outlook 05 Q&A
Slide 17: Share: Basler Shareholder Structure
Share Basler Shareholder Structure 53 % Norbert Basler Holding GmbH 30 % Free Float 4 % Universal Investment 4 % Norges Bank 4 % Dr. Dietmar Ley 3 % Union Investment 2 % Treasury Shares *as of 03/31/2026 Public | © Basler AG 19
Slide 18: Share: Basler Share versus TecDax 2026
Share Basler Share versus TecDax 2026 € 15.32 opening price on January 2, 2026 Opening Price on May 6th € 23.10 € 12.50 closing price on March 31, 2026 Public | © Basler AG 20
Slide 19: Agenda
Agenda 01 Executive Summary 02 Financials 03 Share 04 Outlook 05 Q&A
Slide 20: Outlook: 2026 Assumptions
Outlook 2026 Assumptions We expect the computer vision market to grow at least high single digit in 2026 ▪ Broader industry recovery to continue with high growth in semicon, consumer electronics, data center hardware and logistics applications ▪ Trade and geopolitical conflicts to rise. Combined wit
Slide 21: Outlook: Forecast 2026
Outlook Forecast 2026 Under these assumptions we increased our guidance for 2026: Revenue: € 247 – 270 mill. (before € 232 – 257 mill.) EBIT Margin: 9.5 % - 13 % (before 6.5 % - 10 %) Public | © Basler AG 23
Slide 22: Outlook: Financial Mid-term Plan
Outlook Financial Mid-term Plan ~15 % >13 % CAGR EBIT margin Assumptions: 2028 ▪ Computer vision market will grow again – mid to € 275mill. 70 % high single digit long-term CAGR expected Revenue CCR* ▪ Successful execution of Basler’s strategy to address a bigger market ▪ Market recovery begins 2026
Slide 23: Agenda
Agenda 01 Executive Summary 02 Financials 03 Share 04 Outlook 05 Q&A
Slide 24: Questions & Answers
Questions & Answers Hardy Mehl Ines Brückel Phone +49 4102 463 0 ir@baslerweb.com Public | © Basler AG 26