Slide 1: Earnings Call Q1-26
Earnings Call Q1-26 April 30, 2026
Slide 2: Highlights Q1-26
01. Highlights Q1-26 CEO Yves Padrines
Slide 3: Key Messages
1. Q1-26: Very successful start to the year, driven by the continued outstanding performance in the Build segment and ongoing strong growth in the Design segment, supported by positive subscription momentum with strong new unit growth as well as subscription migration effects, including multi-year c
Slide 4: Key Financial Highlights Q1-26
Key Financial Highlights Q1-26: Very Successful Start to the Year Revenues: EBITDA: Cash Conversion: +10.7% to EUR 313.1m +22.0% to EUR 98.4m 142.7% (+17.0% cc1) (+29.6% cc1) ARR Growth: Net Debt Position: +14.4% to EUR 1,187.5m EBITDA Margin: 31.4% EUR -7.8m (+21.0% cc1) Earnings per Share (EPS): S
Slide 5: Acquiring a Leader in Infrastructure & Heavy Civil Construction
Acquiring a Leader in Infrastructure & Heavy Civil Construction Unique combination of highly complementary construction tech leaders CREATING A LEADER INCREASING TAM & STRENGTHENING COMPELLING PRESERVE BALANCE IN CONSTRUCTION TECHNOLOGY POSITION IN INFRASTRUCTURE SYNERGIES SHEET FLEXIBILITY 01. 02.
Slide 6: Key Financial Transaction Highlights
Key Financial Transaction Highlights • HCSS will become part of Build & Construct segment which will continue to be managed, controlled and fully consolidated by the Nemetschek Group • Nemetschek Group to hold majority with ~72%; Thoma Bravo ~28% as minority shareholder in the Build & Construct segm
Slide 7: Financial Review Q1-26
02. Financial Review Q1-26 CFO Louise Öfverström
Slide 8: Revenues: Segments Q1-26
Segments Q1-26: Build Continues to be the main Growth Driver DESIGN BUILD MANAGE MEDIA Revenues +5.7% +19.8% +3.2% +0.8% EURm +9.5% cc1 +29.8% cc1 +3.0% cc1 +6.6% cc1 128.9 136.2 134.7 112.4 12.8 13.2 29.4 29.6 Q1-25 Q1-26 Q1-25 Q1-26 Q1-25 Q1-26 Q1-25 Q1-26 Margin 23.8% 25.2% 35.1% 39.5% 10.9% 10.4
Slide 9: Record Recurring Revenue Share of 95%
Q1-26: Record Recurring Revenue Share of 95% Revenue Share Recurring & Subscription/SaaS Q1-22 to Q1-26 by type in % Overview Q1-26: +14.4% 350 297 ARR y/y +21.0% cc1 260 (+21%) 300 (+38%) 250 248 186 (+35%) Recurring EURm 200 (+25%) +14.4% 95% 149 (92%) 121 (+22%) 195 revenues y/y +21.0% cc1 150 (+
Slide 10: At a Glance: Income Statement and Important KPIs
At a Glance: Income Statement and Important KPIs Key Figures mEUR Q1-26 Q1-25 Growth y/y Revenues 313.1 282.8 +10.7% Cost of goods and services -11.6 -11.3 +2.2% Personnel expenses -123.2 -118.0 +4.4% Other operating income/expenses -79.9 -72.8 +9.7% EBITDA 98.4 80.7 +22.0% EBITDA margin 31.4% 28.5%
Slide 11: Outlook FY-26
03. Outlook FY-26
Slide 12: Outlook FY-26: Fully on Track After Very Strong Start to the Year
Outlook FY-26: Fully on Track After Very Strong Start to the Year 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 & temp
Slide 13: Questions?
Questions? NEMETSCHEK SE Konrad-Zuse-Platz 1 81829 Munich Germany investorrelations@nemetschek.com www.nemetschek.com
Slide 14: Appendix
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Slide 15: Income Statement
Income Statement €m Q1 2026 Q1 2025 % YoY Revenues 313.1 282.8 +10.7% Other income 7.0 3.1 >+100% Operating income 320.1 285.9 +12.0% Cost of goods and services -11.6 -11.3 +2.2% Personnel expenses -123.2 -118.0 +4.4% Other expenses -86.9 -75.9 +14.5% Operating expenses -221.7 -205.2 +8.0% EBITDA 98
Slide 16: Balance Sheet – Assets
Balance Sheet – Assets €m March 31, 2026 December 31, 2025 Assets Cash and cash equivalents 291.8 252.0 Trade receivables, net 140.2 153.4 Inventories 0.6 0.6 Other current assets 79.5 71.5 Current assets, total 512.1 477.5 Property, plant and equipment 17.3 18.1 Right-of-use assets 41.1 40.9 Intang
Slide 17: Balance Sheet – Equity and Liabilities
Balance Sheet – Equity and Liabilities €m March 31, 2026 December 31, 2025 Equity and liabilities Trade payables 24.6 27.0 Provisions and accrued liabilities 109.8 108.8 Deferred revenue 494.8 435.9 Current lease liability 12.6 13.3 Other current liabilities 59.8 40.5 Current liabilities, total 701.
Slide 18: Cash Flow Statement
Cash Flow Statement €m Q1 2026 Q1 2025 % YoY Cash and cash equivalents at the beginning of the period 252.0 205.7 +22.5% Cash flow from operating activities 140.4 139.5 +0.6% Cash flow from investing activities -39.1 -6.2 >+100% t/o CapEX -3.4 -0.7 t/o Cash paid for acquisition of equity investments
Slide 19: 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