Teamviewer Se (TMVWF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, operator, and good morning, ladies and gentlemen, and welcome to TeamViewer's Q2 2026 Earnings Call. I am Bistra Rubicic, head of IR at TeamViewer, and today I am joined by our CEO, Oliver Steyl, CFO Michael Wilkins, and CRO Mark Banfield. Oliver and Mark will run you through the quarterly business update, and Michael will present the financials, and the presentation will be concluded by a Q&A session. Please note that you can find the important notice and the APM disclosure on slides two and three as per usual. And with this, I'd like to hand it over to Oliver to kick off our presentation. Thank you, Vizsera. Good morning, everyone. Welcome from my side as well. And thank you very much for joining our call today. The second quarter marked a real inflection point for TeamViewer. The strategic and operational progress we saw building in Q1 is now really translating into tangible business outcome. The DEX turnaround is fueling growth. Churn improved to its lowest level since the one-year acquisition. And importantly, major enterprise customers recommitted to larger multi-year agreements. At the same time, we are seeing customers increasingly consolidate remote connectivity, DEX, and AI capabilities on TeamViewer One. This draws double-digit year-over-year constant currency growth in our highest value enterprise AR bucket, and I think it underscores the growing customer buy-in to TeamViewer's integrated platform for autonomous endpoint management. Our momentum was further reinforced by recent external recognition from leading industry analysts and by our landmark partnership with ServiceNow. Combining TeamViewer's endpoint technology with the ServiceNow AI platform and backed by long-term commitments and joint investments, this strategic partnership is built ...