Basler Ag · XETR:BSL
Basler — H1 2026 Earnings Presentation
24 slides from Basler's earnings presentation, Aug 5, 2026
Slide 1: 6-Months Report 2026
6-Months Report 2026 August 5th, 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 HY1 2026
Executive Summary Market Environment HY1 2026 German Industry for Vision Components: Bookings yoy +25 %, 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 elect
Slide 5: Executive Summary: Basler Situation HY1 2026
Executive Summary Basler Situation HY1 2026 HY1 2026 vs. HY1 2025: Bookings yoy +59 %, billings yoy +36 % ▪ Basler clearly outperformed the industry ▪ Strong order momentum accelerated in Q2. Positive book- to-bill ratio fuels good start into Q3 ▪ Very good business momentum in all regions. Stronges
Slide 6: Executive Summary: Team
Executive Summary Team FTEs e/o HY1 2025 FTEs e/o HY1 2026 24 % 23 % Operations Operations 37 % 38 % Sales & Sales & Marketing 823 Marketing 842 15 % 16 % Administration Administration 24 % 23 % R&D R&D R&D gross quota from sales (adj.): 13.3 % R&D gross quota from sales: 9.5 % Public | © Basler AG
Slide 7: Executive Summary – Product update: New products launches HY1 2026
7 Executive Summary – Product update New products launches HY1 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 –
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 29 % (PY: 25 %) 8 8 India China 19 % (PY: 23 %) 4 9 Italy Americas 10 France TOTAL € 152.4 mill. Sales Offices 24 % (PY: 23 %) 28 % (PY: 3
Slide 10: Financials: Bookings and Billings
Financials Bookings and Billings Bookings +59 % yoy ; billings +36 % yoy 94.4 85.6 77.3 75.0 65.3 59.5 61.2 58.5 56.3 52.1 52.2 56.5 Q1 Q2 Q3 Q4 Q1 Q2 2025 2026 Incoming Orders mill. € Sales mill. € Public | © Basler AG 12
Slide 11: Financials: Gross Profit and Gross Margin
Financials Gross Profit and Gross Margin 51.5 51.6 47.5 48.4 48.0 45.6 50.0 39.8 38.8 40.0 28.2 27.3 27.1 30.0 23.8 20.0 10.0 0.0 Q1 Q2 Q3 Q4 Q1 Q2 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 18.0 20.0 20.0 10.5 10.3 4.8 5.6 17.6 10.0 15.0 13.5 0.0 10.0 -10.0 6.2 5.8 5.0 2.5 3.2 -20.0 0.0 -30.0 Q1 Q2 Q3 Q4 Q1 Q2 2025 2026 EBIT mill. € (adj. in 2025) EBIT Margin % (adj. in 2025) Public | © Basler AG 14
Slide 13: Financials: P&L HY1 2026 vs. HY1 2025
Financials P&L HY1 2026 vs. HY1 2025 (in € mill.*) P&L HY1 2025 in € mill.* HY1 2026 (adj.) +/- Incoming Orders 180.0 113.3 59 % Revenue 152.4 111.7 36 % Gross Profit Margin 51.6 % 46.6 % 5.0 Pp. EBITDA 37.9 16.9 >100 % EBIT 31.1 8.6 >100 % EBIT Margin 20.4 % 7.7 % 12.7 Pp. Net Income 23.6 6.4 >100
Slide 14: Financials: Free Cashflow
Financials Free Cashflow 11.5 10.1 9.0 9.7 7.6 7.0 6.6 8.2 4.8 4.1 1.5 -1.8 -1.0 -2.0 -2.6 -2.7 -2.7 -2.8 Q1 Q2 Q3 Q4 Q1 Q2 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 deri
Slide 15: Financials: Liquidity and Cashflow
Financials Liquidity and Cashflow (in € mill.) Cash Flow HY1 2025 in € mill. HY1 2026 (adj.) +/- Cash b/o period (1st of January) 29.0 21.3 36 % Cashflow from Operations 16.6 8.5 96 % Cashflow from Investments -3.8 -5.4 29 % Exchange rate effects cash holdings 0.2 -0.8 >100 % Free Cashflow 12.9 2.3
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 *as of 06/30/2026 Public | © Basler AG 19
Slide 18: Share: Basler Share versus TecDax 2026
Share Basler Share versus TecDax 2026 € 26.80 opening price on August 5th 250.00 200.00 € 28.25 closing price on June 30, 2026 150.00 100.00 € 15.32 opening price on January 2, 2026 50.00 2025-12-30 2026-02-28 2026-04-30 2026-06-30 Basler AG Performance Germany TECDAX (TR) Performance Public | © Bas
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 develop… ▪ 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 with the Middle East conflict make
Slide 21: Outlook: Forecast 2026
Outlook Forecast 2026 Under these assumptions we increase again our guidance for 2026: Revenue: € 270 – 290 mill. (before € 247 – 270 mill.) EBIT Margin: 12.5 % - 14.5 % (before 9.5 % - 13.0 %) Public | © Basler AG 23
Slide 22: Outlook: Financial Mid-term Plan
Outlook Financial Mid-term Plan Update b/o 2027 ~15 % >13 % CAGR EBIT margin Assumptions: 2028 ▪ Computer vision market will grow again – mid to € 275 mill. 70 % high single digit long-term CAGR expected Revenue CCR* ▪ Successful execution of Basler’s strategy to address a bigger market ▪ Market rec
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