Pexip Holding Asa · OSL:PEXIP
Pexip Holding Asa — DNB Carnegie TMT Conference 2026
21 slides from Pexip Holding Asa's conference presentation, Aug 26, 2026
Slide 1: Pexip company presentation
Pexip company presentation DNB Nordic TMT 26 August 2026
Slide 2: Important notice and disclaimer
Important notice and disclaimer These materials have been produced by Pexip Holding ASA (the "Company“, and with subsidiaries the “Group”). The materials have been prepared for the exclusive use of persons attending an oral briefing and meeting to which these materials relate given by a representati
Slide 3: Software-only secure video meeting & infrastructure specialist
Software-only secure video meeting & infrastructure specialist Serving large enterprises and public sector organizations Strong financial performance 140m ARR USD EoQ2 18% ARR growth Y-o-y Unique partnerships with the technology leaders in our industry 91% Gross margin LTM margin 31% EBITDA margin L
Slide 4: Company performance
Company performance Total ARR Adjusted EBITDA1 Free Cash flow2 USDm USDm, Last twelve months USDm, Last twelve months Secure & Custom Connected Spaces +60% +18% +44% 38.8 40.4 135.0 140.2 131.0 (30%) (31%) 37.9 119.0 122.2 32.9 30.2 32.9 28.8 59.3 64.2 25.2 (25%) (26%) 28.5 56.3 26.3 50.6 53.4 (23%)
Slide 5: Pexip's two solution areas
Pexip’s two solution areas Pexip Secure & Custom Pexip Connected Spaces Video meetings that are self-hosted on-premises Video meeting room interoperability or in a private cloud When complete privacy and control When several video technologies need over data is required to work seamlessly together 5
Slide 6: Secure & Custom market opportunity
SECURE AND CUSTOM SPACES Secure & Custom market opportunity Features A niche market with high growth potential Rich • Data sovereignty increasingly relevant, particularly in Europe • Significant investments being made in building sovereign IT infrastructure and solutions in Europe • Pexip is uniquel
Slide 7: Control and sovereignty are among the strongest drivers for choosing Pexip
SECURE AND CUSTOM SPACES Control and sovereignty are among the strongest drivers for choosing Pexip Business area ARR breakdown Share of ARR Connected Spaces - Global SaaS 43% 57% 46% Pexip Secure & Sovereign Meetings of Pexip’s revenues comes from self-hosted and dedicated sovereign clouds 11% Conn
Slide 8: Secure Meetings positioning | Key industries
SECURE AND CUSTOM SPACES Secure Meetings positioning | Key industries Focus on winning the Defense and National Defense & National Security segment, as these organizations Security are at the core of our target segment Government Strongest Secure Meetings growth in Defense and Government Healthcare
Slide 9: Pexip for Defense across the full ecosystem
SECURE AND CUSTOM SPACES Pexip for Defense across the full ecosystem • Network and Data- Media streams from centric Security drones into video calls • Cross-domain Interoperability • Dedicated Platforms • Attribute Bases Access Control (ABAC) Infinity Mission in operational environments Infinity Mis
Slide 10: AI with Pexip: integrated, private, and comprehensive
SECURE AND CUSTOM SPACES AI with Pexip: integrated, private, and comprehensive audio • video • chat • documents • transcript • other Custom specialist Productivity applications enhancements Build custom integrations Everything you are used to using AI for Defense, from cloud AI from captions Healthc
Slide 11: Unique position in Connected Spaces
Unique position in Connected Spaces 11
Slide 12: Connect for Microsoft Teams Rooms now available on all MTR platforms
Connect for Microsoft Teams Rooms now available on all MTR platforms Connect for Microsoft Teams Rooms • Enables Microsoft Teams Rooms to join 3rd party meetings Confirmed availability across platforms from June • Currently available on MTRs on Windows Increasing opportunity • Microsoft install base
Slide 13: Financial update
Financial update 13
Slide 14: Subscription-based revenue model with ARR base at USD 140m in Q2 2026
Subscription-based revenue model with ARR base at USD 140m in Q2 2026 ARR ARR split USD million Percent of ARR Secure & Custom Connected Spaces Defense and national security 15% Enterprise +18% 27% 140.2 135.0 131.0 Healthcare 17% 119.0 122.2 64.2 +27% +25% 56.3 59.3 17% 24% 50.6 53.4 Government Reg
Slide 15: Combined net retention at 102% in Q2 2026
Combined net retention at 102% in Q2 2026 USD million, quarter-over-quarter Secure & Custom Connected Spaces 1.0 8.3 76.6 15.5 64.2 68.4 2.4 Annual net retention 10.6 of 88% 50.6 5.4 Annual net retention of 116% Q2 2025 New Net Upsell Churn Q2 2026 Q2 2025 New Net Upsell Churn Q2 2026 Customers Cust
Slide 16: LTM 20% revenue growth and 31% EBITDA margin
LTM 20% revenue growth and 31% EBITDA margin Revenue Adjusted EBITDA1 USD million USD million (margin) SaaS Software +30% 18% Quarterly revenue increase of 18% y-o-y 7 32 6 (22%) – Software revenue growth of 21% y-o-y 27 (20%) 17 – SaaS revenue growth of 15% y-o-y 14 Quarterly LTM revenue growth of
Slide 17: Returned $44 million to shareholders YTD Q2 2026
Returned $44 million to shareholders YTD Q2 2026, up from USD 35 million in 2025 Cash flow bridge Q2 2026 Capital allocation LTM USD million USD million • USD 8 million in free cash flow, up from 0.5 USD 3 million last year 0.1 Cash and money 53.9 market funds Q2 2025 – Due to improved profits and w
Slide 18: Q2 2026 Financial results
Q2 2026 Financial results Profit and loss USD million Q2'26 Q2'25 Y-o-Y • 18% revenue growth in line with ARR growth Revenue 32.2 27.3 4.9 • Higher COGS due to received one-time discounts in Q2 Cost of goods sold 3.1 1.8 1.3 2025 and is slightly down from Q1 2026 Gross Profit 29.1 25.5 3.6 Salary an
Slide 19: Outlook and targets
Outlook and targets 19
Slide 20: Outlook
Outlook • Continued positive market outlook across the business areas driven by market trends ARR outlook of USD 142-145 • Need for sovereign control of data and IT millions end of Q3 2026 platforms • Use of custom video work-flows is growing • Interoperability is highly relevant Long-term financial
Slide 21: Q&A
Q&A Investor.pexip.com Jpexip[