Q.beyond Ag · XETR:QBY0
Q.beyond — Q1 2026 Earnings Presentation
20 slides from Q.beyond's earnings presentation, May 11, 2026
Slide 1: Q1 2026: q.beyond drives Strategy 2028 forward
Q1 2026: q.beyond drives “Strategy 2028” forward Analyst and Investor Call I 11 May 2026 Thies Rixen, CEO I Nora Wolters, CFO
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements based on management estimates and reflects the current views of q.beyond AG’s (“q.beyond’s”) management board with respect to future events. These forward-looking statements correspond to the situation at the time this presentation was
Slide 3: Q1 2026: promising start to implementing Strategy 2028
Q1 2026: promising start to implementing “Strategy 2028”
Slide 4: Strategy 2028: the right strategy for a tough environment
Strategy 2028: the right strategy for a tough environment Strategy 2028 Industry Focus AI Orchestration Internationalisation • Strengthening our combined • Using our combined technology • Rolling out our dedicated technology & industry expertise & industry expertise as foundation portfolio and sales
Slide 5: Strategy 2028: wide-ranging progress in first months of 2026
Strategy 2028: wide-ranging progress in first months of 2026 Strategy 2028 Industry Focus AI Orchestration Internationalisation • Renewal of contracts with major • Several clients (#10) for promising • Rolling out our dedicated portfolio clients in retail and logistics in late AI projects and sales
Slide 6: Q1 2026: operating business developed as expected
Q1 2026: operating business developed as expected
Slide 7: Ongoing prioritisation of high-margin revenue streams
Ongoing prioritisation of high-margin revenue streams 42.8 Q1 2026 Q1 2025 -2% 43.7* € million * Comparable revenues with regard to ongoing focus on profitable services and solutions Relevant factors: + High share of recurring revenues (69%) + Concentration on five focus sectors (68%) + Rising new o
Slide 8: Sales focus on Consulting is paying off
Sales focus on Consulting is paying off Gross profit 2.6 Q1 2026 Margin 17% Q1 2025 Margin 14% 2.0 € million Relevant factors: Revenues: + Improved team capacity utilisation Q1 2026: € 15.3 million Q1 2025: € 14.8 million + Higher demand for AI consulting + Rising demand for S/4HANA transition 8 q.b
Slide 9: Managed Services continues to earn attractive margin
Managed Services continues to earn attractive margin Gross profit 5.0 Q1 2026 Margin 18% Q1 2025 Margin 22% 6.9 € million Relevant factors: Revenues: - Investments in AI burden gross margin Q1 2026: € 27.6 million Q1 2025: € 28.9 million* - Effects of subdued new business in 2025 still felt * Compar
Slide 10: Earning figures developed as expected in Q1 2026
Earning figures developed as expected in Q1 2026 € million Q1 2025 Q1 2026 Revenues 46.4 42.8 Cost of revenues (37.5) (35.2) Gross profit 8.9 7.6 < Incl. expenses for AI and implementation of Strategy 2028 Sales and marketing expenses (3.4) (3.1) General and administrative expenses (3.4) (3.5) Other
Slide 11: Net liquidity is rising thanks to sustainable free cash flow
Net liquidity is rising thanks to sustainable free cash flow 42.6 31/03/2026 31/12/2025 42.0 € million Relevant factors: + Net liquidity corresponds to € 1.71 per share + Free cash flow of € 0.6 million in Q1 2026 11 q.beyond
Slide 12: Free capital reserve enables share buybacks & dividends
Free capital reserve enables share buybacks & dividends Shareholders’ equity (HGB) Reverse share split at a 5:1 ratio 31 Jan 2026: Extraordinary Shareholders’ Meeting at 31 December 2025 (€ million) Issued capital 124.6 24.9 17 Feb 2026: Entry of the orderly capital reduction in the Commercial Regis
Slide 13: Guidance for 2026 confirmed
Guidance for 2026 confirmed Revenues (€m) EBITDA (€m) q.beyond also expects: 182 -- 190 Positive free cash flow 183 Sustainably positive consolidated net income 10 -- 16 12 Positive FCF and earnings development lay foundation for shareholder-friendly corporate actions (e.g. buyback and dividends) 20
Slide 14: Outlook for 2026/2028
Outlook for 2026/2028 14
Slide 15: Strong sales funnel will lead to higher revenues in H2 2026
Strong sales funnel will lead to higher revenues in H2 2026 New orders 31.3 Q1 2026 +7% As usual, Q1 2025 q.beyond also 29.4 expects higher revenues and € million earnings for H2 2026 Sales funnel of > € 200 million 15 q.beyond
Slide 16: Strong sales funnel will also lead to sustained organic growth
Strong sales funnel will also lead to sustained organic growth Agentic AI Organic Growth: M&A Strategy: Orchestration: Target average Systematic inorganic Creates market- revenue growth expansion to driven opportunity of ~5% CAGR complement organic for profitable through to 2028 momentum revenue ups
Slide 17: Profitable growth is built on 3 pillars of Strategy 2028
Profitable growth is built on 3 pillars of Strategy 2028 Industry Focus AI Orchestration Internationalisation We increase customer We use our combined We grow our business in value and our margin by technology and industry Europe by leveraging our combining our strong IT expertise as the foundation
Slide 18: Questions & Answers
Questions & Answers
Slide 19: Contact
Contact q.beyond AG Arne Thull www.qbeyond.de/linkedin Head of Investor Relations / M&A www.qbeyond.de/xing T +49 221 669-8724 www.qbeyond.de/facebook M +49 163 669-8425 www.qbeyond.de/instagram invest@qbeyond.de www.qbeyond.de www.qbeyond.de/youtube
Slide 20: Excellence in all we do.
aD Excellence in all we do. © gq.beyond