Slide 1: Smart Eye Q1 2026 Interim Report
MAY 18, 2026 Smart Eye Q1 2026 Interim Report Martin Krantz, CEO Mats Benjaminsson, CFO
Slide 2: Summary Q1
Summary Q1 Net Sales Organic Growth 51% Improved EBITDA +45 MSEK 126MSEK 27 MSEK Accelerated growth in Automotive Organic Growth Automotive License Growth 122% +200% Automotive Sightic synergies absorbed in the plan Car Models Reached Production OEMs reached production Behavioral Research Continuing
Slide 3: Automotive
Automotive Car models entered production Q1 2026: +30 • European OEM’s drive more Design wins entering production • The roll-out of DMS will continue to accelerate up GSR July 7 th
Slide 4: Smart Eye and the Global DMS Market
Smart Eye and the Global DMS Market 24 OEMs | 372 DMS Design Wins | 12 Interior Sensing Design Wins | 2 Impairment Design Wins North America Europe Asia 3 OEMs | 126 Design Wins 13 OEMs | 147 Design Wins 8 OEMs | 97 Design Wins Entered production Entered production Entered production 1 OEM | 28 De
Slide 5: Clear Market Leader with 372 Design Wins
Clear Market Leader with 372 Design Wins • Automotive design wins SEK 8.8 bn estimated ackumulated order value 372 • Upsell potential SEK 5.6 bn • 15 OEMs has entered production • Approximately 155 design wins have entered production 155 since 2018 • 2 OMS DW in production 15 • 15 DW exited producti
Slide 6: Estimated Order Value On Futures Deliveries
Estimated Order Value On Futures Deliveries ▪ Focusing on Design Wins in play • Total Design Wins 372 Exited production (-15) and their remaining estimated Active Design Wins 357 order value, F/X Q1 2026 SEK 7.5 Billion • Average exchange rate ▪ 155 - 15 = 140 Design Wins in Q1 2026: Euro/SEK 10,70
Slide 7: Financial Summary
Financial • Net Sales 126.5 (90.1), growth +40% Y/Y, Organic growth +51% • R12 Net Sales 440.0 (359.1), growth +23% Y/Y, Organic growth +33% Summary • Gross Profit 115.5 (79.9) +35.6 MSEK Y/Y • Gross Margin 91.2% (89.9%) +43 -9.5 • 2024 2025 2026
Slide 8: Automotive
Automotive Growth +109% Y/Y Organic Growth +122% Y/Y • FX impact amounts to -4.8 MSEK Growth Rolling 12 months +69% Y/Y, Organic growth +80% Y/Y Royalty revenue increase driven by new and existing car models ramping up in production volumes Project revenue, NRE (Non-Recurring Engineering), increased
Slide 9: Behavioral Research
Behavioral Research Growth -13% Y/Y Organic Growth -4% Y/Y • Exchange rate effect amounts to -4.7 MSEK Growth Rolling 12 months -7% Y/Y, Organic growth +2% Y/Y iMotions sales of the multimodal software platform and the Media Analytic tool continue to show growth Applied AI revenue decline due to les
Slide 10: Profitability
Profitability EBITDA 26.9 (-17.9) MSEK, +44.8 • Improved profitability driven by higher gross profit +36 MSEK and less OPEX +9 MSEK. • OPEX -89 (-98) MSEK • FX effect EBITDA with -1.5 MSEK EBIT -16.0 (-61.4) MSEK, +45.4 • Strong improvement, amortization decline EBT -23.3 (-65.3) MSEK, +42.0 • The c
Slide 11: Segment profitability
Segment profitability Automotive Behavioral Amortization of Group Amount in MSEK Research surplus value Net Sales 82 44 - 126 EBITDA 21 6 - 27 EBITDA margin 26% 14% - 21% EBIT 8 2 -26 -16 Automotive business area is now EBIT positive Behavioral Research business area still EBIT positive, from Februa
Slide 12: Balance Sheet KPI's
Balance sheet KPI's Q1 2026 Available Opening Closing Amount in MSEK Period cash ending Balance Balance balance Intangible assets 1 271,2 138,0 1 409,2 • Acquisition of Sightic Analytics increase of intangible assets with Trade receivables 77,1 -24,6 52,6 95.5 MSEK in the period Cash ending balance
Slide 13: Improving road safety to save lives around the world and redefining the mobility experience
Improving road safety to save lives around the world and redefining the mobility experience to enhance comfort, wellness and entertainment smarteye.ai