Nemetschek Se · XETR:NEM
Nemetschek — FY2025 Earnings Presentation
21 slides from Nemetschek's earnings presentation, Mar 19, 2026
Slide 1: Earnings Call Q4-/FY-25
Earnings Call Q4-/ FY-25 March 19, 2026
Slide 2: Highlights Q4-25 and FY-25
01. Highlights Q4-25 and FY-25 CEO Yves Padrines
Slide 3: Key Messages
1. Q4-25: Strong finish to the year driven by an excellent performance of the Build segment and continued good growth in the Design segment, supported by strong subscription momentum including effects from multi-year contracts, despite a very high comparison base. 2. FY-25: Very successful continuat
Slide 4: Q4-25: Strong Finish to the Year Despite a High Comparison Base
Q4-25: Strong Finish to the Year Despite a High Comparison Base ARR Revenues EBITDA EPS EURm EURm EURm EUR +17.6% +11.8% +12.4% +22.9% cc1 +16.7% cc1 +19.9% cc1 +25.2% 1,199.2 290.9 325.3 106.9 0.56 1,019.9 95.1 0.45 Q4-24 Q4-25 Q4-24 Q4-25 Q4-24 Q4-25 Q4-24 Q4-25 • Strong increase in ARR • Unchange
Slide 5: Key Financial Highlights FY-25: Strong Profitable Growth
Key Financial Highlights FY-25: Strong Profitable Growth Revenues: EBITDA: Cash Conversion: +19.7% to EUR 1,191.2m +23.3% to EUR 371.1m 108.6% (+22.6% cc1) (+28.9% cc1) ARR Growth: Net Debt Position: +17.6% to EUR 1,199.2m EBITDA Margin: 31.2% EUR -107.5m (+22.9% cc1) Earnings per Share: Subscriptio
Slide 6: Nemetschek Group: Becoming a Vertical AI Leader
Nemetschek Group: Becoming a Vertical AI Leader Ideally positioned to win in AI as a Strategic Pillars to Develop & Scale AI Capturing the huge AI opportunity leading vertical software provider Nemetschek AI Product Development Data Access R&D: Deep domain expertise, close Address Expand Across Life
Slide 7: Financial Review FY-25
02. Financial Review FY-25 CFO Louise Öfverström
Slide 8: Segments FY-25: Design and Build Segments Main Growth Drivers
Segments FY-25: Design and Build Segments Main Growth Drivers DESIGN BUILD MANAGE MEDIA Revenues +10.4% +41.3% +4.0% +0.8% EURm +12.2% cc1 +46.6% cc1 +3.9% cc1 +2.9% cc1 488.8 539.8 481.3 340.7 120.1 121.0 49.9 51.9 FY-24 FY-25 FY-24 FY-25 FY-24 FY-25 FY-24 FY-25 Margin 29.6% 28.1% 31.8% 35.8% 10.2%
Slide 9: Revenues per Region FY-25: High Growth Across all Regions
Revenues per Region FY-25: High Growth Across all Regions EMEA Americas Asia/Pacific 48% Share +17% Growth 42% Share +24% Growth 10% Share +16% Growth • Mixed market conditions • Unchanged good market conditions • Focus region with significant potential going • US main growth driver forward • Revenu
Slide 10: Successful Transition to an Almost Fully Recurring Revenue Model
Successful Transition to an Almost Fully Recurring Revenue Model Revenue Share Recurring & Subscription/SaaS 2021-2025 Overview Q4-25: by type in % +17.6% 1,200 1,098 ARR y/y +22.9% cc1 (+31%) 1,000 861 859 (+32%) (+56%) 653 800 (+25%) 568 Recurring +17.6% EURm 92% 533 (87%) 600 (+22%) (+88%) revenu
Slide 11: At a Glance: Income Statement and Important KPIs
At a Glance: Income Statement and Important KPIs Key Figures mEUR FY-25 FY-24 Growth y/y Revenues 1,191.2 995.6 +19.7% Cost of goods and services -45.0 -40.5 +11.2% Personnel expenses -465.3 -406.1 +14.6% Other operating income/expenses -309.8 -248.0 +24.9% EBITDA 371.1 301.0 +23.3% EBITDA margin 31
Slide 12: Outlook FY-26
03. Outlook FY-26
Slide 13: AI-First Strategy: Becoming a Vertical AI Leader
AI-First Strategy: Becoming a Vertical AI Leader Innovation Focus AI & Sustainability Business Model Transformation to Subscription & SaaS Strengthening Go-to-Market Group-wide Cloud Platform & Infrastructure Mergers & Acquisitions / Venture Investments Business Enablement & Operational Excellence F
Slide 14: Outlook: Financial Year 2026
Outlook: Financial Year 2026 Starting Point Guidance 2025 2026 Revenue: EUR 1,191.2m (reported) Revenue Growth: Revenue Growth: +14% - 15% (at constant currency) +19.7% (reported) + 22.6% (at constant currency) Note: Growth benefitted from M&A contribution & temporary positive effects EBITDA Margin:
Slide 15: Appendix
2S se) Cc D Oo. fo} ~e
Slide 16: Income Statement
Income Statement €m FY 2025 FY 2024 % YoY Revenues 1,191.2 995.6 +19.7% Other income 12.8 11.8 +8.9% Operating income 1,204.0 1,007.3 +19.5% Cost of goods and services -45.0 -40.5 +11.2% Personnel expenses -465.3 -406.1 +14.6% Other expenses -322.6 -259.8 +24.2% Operating expenses -832.9 -706.3 +17.
Slide 17: Balance Sheet – Assets
Balance Sheet – Assets €m December 31, 2025 December 31, 2024 Assets Cash and cash equivalents 252.0 205.7 Trade receivables, net 153.4 147.4 Inventories 0.6 1.0 Other current assets 71.5 59.5 Current assets, total 477.5 413.7 Property, plant and equipment 18.1 22.1 Right-of-use assets 40.9 60.7 Int
Slide 18: Balance Sheet – Equity and Liabilities
Balance Sheet – Equity and Liabilities €m December 31, 2025 December 31, 2024 Equity and liabilities Trade payables 27.0 20.8 Provisions and accrued liabilities 108.8 94.3 Deferred revenue 435.9 354.6 Current lease liability 13.3 16.7 Other current liabilities 40.5 49.2 Current liabilities, total 62
Slide 19: Cash Flow Statement
Cash Flow Statement €m FY 2025 FY 2024 % YoY Cash and cash equivalents at the beginning of the period 205.7 268.0 >-100% Cash flow from operating activities 402.9 306.8 +31.3% Cash flow from investing activities -81.7 -707.1 -88.4% t/o CapEX -13.7 -13.7 t/o Cash paid for acquisition of equity invest
Slide 20: Questions?
Questions? NEMETSCHEK SE Konrad-Zuse-Platz 1 81829 Munich Germany investorrelations@nemetschek.com www.nemetschek.com
Slide 21: Disclaimer
Disclaimer This presentation contains forward-looking statements based on the beliefs of Nemetschek SE management. Such statements reflect current views of Nemetschek SE with respect to future events and results and are subject to risks and uncertainties. Actual results may vary materially from thos