United Internet Ag · XETR:UTDI
United Internet — Q1 2026 Earnings Presentation
21 slides from United Internet's earnings presentation, May 12, 2026
Slide 1: Analyst and Investor Webcast – 3M Results 2026
UNITED INTERNET AG Analyst and Investor Webcast – 3M Results 2026 Montabaur, May 12, 2026 1 Analyst and Investor Call Presentation – 3M 2026 May 12, 2026
Slide 2: New Reporting Structure of United Internet as of Q1 2026
NEW REPORTING STRUCTURE OF UNITED INTERNET AS OF Q1 2026 ▪ Going forward the former segments "Consumer Access" (1&1) and "Business Access" (1&1 Versatel) will be reported on a consolidated basis – the 1&1 AG ▪ The former segments "Business Applications" and * "Consumer Applications" are renamed to "
Slide 3: KPIs 3M 2026
KPIs 3M 2026 ▪ 30.1 million customer contracts: + 380,000 in the first 3 months 2026 Revenues and earnings figures (in € million) 3M 2025 (1) 3M 2026 (1) Change Revenues(2) 1,514.1 1,551.9 + 2.5% EBITDA (2) 324.0 331.9 + 2.4% EBIT (2) 144.4 166.9 + 15.6% EPS (2) (in €) 0.25 0.36 + 44.0% 6 ▪ EBIT (2)
Slide 4: 1&1
1&1 4 Analyst and Investor Call Presentation – 3M 2026 May 12, 2026
Slide 5: 1&1: Contracts
1&1: CONTRACTS (in million) Mobile Internet Broadband connections 18 16.32 16.32 16 0.00 ▪ 16.32 million customer contracts (unchanged) 14 ▪ 12.48 million mobile internet contracts (unchanged) 12 ▪ 3.84 million broadband connections (unchanged) 10 12.48 12.48 8 6 4 2 3.84 3.84 0 31.12.2025 31.03.202
Slide 6: 1&1: Revenues
1&1: REVENUES (acc. to IFRS in € million) Service revenues Other revenues 1,200 1,133.2 1,146.0 +12.8 (+1.1%) ▪ + 1.1% revenues to € 1,146.0 million ▪ - 1.2% service revenues to € 899.7 million 800 899.7 ▪ + 10.8% other revenues (in particular low-margin 910.9 smartphones) to € 246.3 million 400 222
Slide 7: 1&1: EBITDA
1&1: EBITDA (acc. to IFRS in € million) 200 192.5 192.4 -0.1 (-0.1%) ▪ - 0.1% EBITDA to € 192.4 million 150 ▪ 16.8% EBITDA margin (prior year: 17.0%) 100 50 0 3M 2025 3M 2026 7 Analyst and Investor Call Presentation – 3M 2026 May 12, 2026
Slide 8: IONOS
IONOS 8 Analyst and Investor Call Presentation – 3M 2026 May 12, 2026
Slide 9: IONOS: Contracts
IONOS: CONTRACTS (in million) Abroad Domestic 12 10.35 ▪ 10.35 million customer contracts (+ 300,000) 10.05 +0.30 10 ▪ 5.45 million abroad (+ 200,000) 8 5.25 5.45 ▪ 4.90 million domestic (+ 100,000) 6 4 4.80 4.90 2 0 31.12.2025 31.03.2026 9 Analyst and Investor Call Presentation – 3M 2026 May 12, 20
Slide 10: IONOS: Revenues
IONOS: REVENUES (acc. to IFRS in € million) 400 348.4 ▪ + 5.7% revenues to € 348.4 million (+ 7.6% excl. FX effect) 329.6 +18.8 (+5.7%) ▪ Customer growth ▪ Increased up- and cross-selling 200 0 3M 2025 (1) 3M 2026 (1) (1) Sedo carried in accordance with IFRS 5 as discontinued operation as of Septemb
Slide 11: IONOS: EBITDA
IONOS: EBITDA (acc. to IFRS in € million) 120 112.2 106.4 +5.8 ▪ + 5.5% EBITDA to € 112.2 million (+ 8.3% excl. FX effect) (+5.5%) ▪ 32.2% EBITDA margin (prior year: 32.3%) 60 0 3M 2025 (1) 3M 2026 (1) (1) Sedo carried in accordance with IFRS 5 as discontinued operation as of September 30, 2025; pri
Slide 12: Mail & Media
MAIL & MEDIA 12 Analyst and Investor Call Presentation – 3M 2026 May 12, 2026
Slide 13: Mail & Media: Accounts
MAIL & MEDIA: ACCOUNTS (in million) Free accounts Pay accounts 50 ▪ 41.89 million consumer accounts (- 140,000) 42.03 41.89 -0.14 40 ▪ 38.46 million free accounts (- 220,000) in particular due to the ongoing conversion to pay accounts 30 ▪ 3.43 million pay accounts (+ 80,000) 38.68 38.46 20 10 3.35
Slide 14: Mail & Media: Revenues
MAIL & MEDIA: REVENUES (acc. to IFRS in € million) 80 79.3 +5.6 73.7 (+7.6%) ▪ + 7.6% revenues to € 79.3 million 60 ▪ Higher monetization of free accounts through online advertising 40 ▪ Strong growth in pay accounts 20 0 3M 2025 (1) 3M 2026 (1) w/o revenues contributions “Energy” (2025: € 5.9m) 14
Slide 15: Mail & Media: EBITDA
MAIL & MEDIA: EBITDA (acc. to IFRS in € million) 29.8 30 +4.4 25.4 (+17.3%) ▪ + 17.3% EBITDA to € 29.8 million 20 ▪ 37.6% EBITDA margin (prior year: 34.5%) 10 0 3M 2025 (1) 3M 2026 (1) w/o earnings contributions “Energy” (2025: EBITDA € + 0.2m) 15 Analyst and Investor Call Presentation – 3M 2026 May
Slide 16: Additional Financial KPIs 3M 2026
ADDITIONAL FINANCIAL KPI S 3M 2026 (financial KPIs acc. to IFRS in € million) 3M 2025 3M 2026 Change Capex 122.0 117.5 - 3.7% Free cash flow (1) -165.8 3.7 - 31.12.2025 31.03.2026 Change Net bank liabilities 3,200.0 3,338.6 + 4.3% Equity ratio 43.6% 44.0% + 0.4 Ppt. ▪ Capex development in line with
Slide 17: Group: EBITDA / Free Cash Flow Bridge as of March 31, 2026
GROUP: EBITDA / FREE CASH FLOW BRIDGE AS OF MARCH 31, 2026 (acc. to IFRS in € million) 3M 2026 332.0 -2.2 -115.2 0.4 -167.5 47.5 -43.8 3.7 EBITDA 3M 2026(1) EBITDA Capex Tax Working Capital Free Cash Leasing Free Cash flow AdTech (2) (net) & Others flow 3M 2026 after Leasing 3M 2025 324.2 18.6 -120.
Slide 18: Outlook 2026
OUTLOOK 2026 18 Analyst and Investor Call Presentation – 3M 2026 May 12, 2026
Slide 19: Outlook 2026
OUTLOOK 2026 We confirm our guidance ▪ Revenues: approx. € 6.25 billion (2025: € 6.104 billion) ▪ EBITDA: approx. € 1.45 billion (2025: € 1.282 billion) ▪ Cash-CAPEX: € 600 – 650 million (2025: € 730.8 million) 19 Analyst and Investor Call Presentation – 3M 2026 May 12, 2026
Slide 20: Q&A Session
Q&A SESSION 20 Analyst and Investor Call Presentation – 3M 2026 May 12, 2026
Slide 21: Analyst and Investor Webcast – 3M Results 2026
UNITED INTERNET AG Analyst and Investor Webcast – 3M Results 2026 Montabaur, May 12, 2025 21 Analyst and Investor Call Presentation – 3M 2026 May 12, 2026