Teleconference for investors and financial analysts FY 2025 Results
March 26, 2026
Jens Amail, CEO Andreas Röderer, CFO
Agenda
Overview:
FY 2025 Results
Detailed Financials
Q&A
2
AgendaOverview:
FY 2025 Results
Detailed Financials
Q&A
3
Five-year overview
Order Entry (in €m)
266.1
310.6
345.2
Revenue (in €m)
167.0 173.4
203.4
254.8
89.4*
296.8
110.8*
192.1 | 193.6 | |||||||
2021 | 2022 | 2023 | 2024 | 2025 |
51.2* 56.1* 69.3*
2021 2022 2023 2024 2025
* Thereof Software
EBIT (in €m)
6.3 6.8
11.1
28.6
47.4
Operating Cash Flow (in €m)
12.5
40.8
30.2
2021 2022 2023 2024 2025
© 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE.
-1.4 -0.5
2021 2022 2023 2024 2025
4
Key Results - FY 2025
Third record year in a row: Order entry rose by 11% to € 345.2m and group revenue was up 16% to € 296.8m.
Significant gains in earnings due to increased software sales and further improved operational efficiency: EBIT up by 66% to € 47.4m with a margin of 16.0% (11.2% in 2024).
Remaining stable financial position: Operating cash flow at € 30.2m and strong liquidity base of € 46.2m.
Continued high impact of strategic growth levers: Partner business now accounts for 53% of total order entry, continued growth of S/4 and RISE business (52% of total order entry) and strong business development across all regions.
Guidance 2026: Revenue growth in the mid to high single-digit percentage range, with EBIT increase in the low double-digit percentage range.
© 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE. 5
FY 2025 - Key Figures
Order Entry
€ 345.2m
+11%
Group Revenue
€ 296.8m
+16%
EBIT
€ 47.4m
+66%
Services (incl. EXA)
Order Entry
€ 217.8m
+7%
Revenue
€ 186.0m
+13%
Software (incl. EXA)
Order Entry
€ 127.5m
+19%
Revenue
€ 110.8m
+24%
Partners
Order Entry
€ 183.7m
+29%
Revenue
€ 139.3m
+45%
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 6
Revenue Partner
(in €)
+45%
+58%
Q4 2024 Q4 2025
2024
2025
Continued Strong Partner BusinessOrder Entry Partner
(in €m)
+29%
+37%
Q4 2024 Q4 2025
2024
2025
60.8
44.5
142.5
183.7
26.9 | 42.4 | ||
139.3 | |||
96.2 | |||
7
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.
Strong partner business growth with higher proportion of total order entry: partner business now accounts for 53% of total order entry (46% in 2024).
Partner business with significantly stronger growth than total order entry in Q4
(37% vs. 7%).
Expanded global footprint with our most strategic
partners.
7
Order Entry by Deal Bands
5
€ 345m
€ 101m
€ 108m
€ 104m
20
€ 90m 13
Number of Deals
Number of Deals
Number of Deals
€ 311m
€ 69m
45
€ 79m
52
€ 19m
€ 11m
Q4/2024
> € 3m
€ 1-3m
€ 0.5-1m
€ 0.1-0.5m
< € 0.1m
€ 82m
265
56
€ 51m
74
€ 14m 19 € 19m 28
€ 23m 100
€ 25m 108
€ 6m
Q4/2025
11
€ 23m
14
€ 38m
€ 81m
351
€ 32m
2024
€ 29m
2025
Number of Deals
€ 34m
€ 36m
8
8
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.
Very stable performance
across all project sizes
Strong growth in large-scale projects worth € 0.5 m and
above.
Increase in projects with a
value of at least € 3m.
8
Order Entry by Region
in €m
∑ 310.6
15.3
∑ 345.2
18.2
44.0
32.4
∑ 108.3
52.5
∑ 101.0m
47.8
4.0
3.5
6.3
12.5
13.8
58.1
62.9
18.7
19.9
20.8
Q4/2025
JAPAC NEMEA LATAM NA
CEU
156.9
167.8
54.9
55.1
Q4/2024
2024
2025
9
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.
YoY Growth across all regions.
Strongest increases in NEMEA (+36% to € 44.0m) along with
outstanding Q4 performance.
9% increase to € 167.8m
shows stable development in CEU.
Strong order entry in relation to S/4 and RISE: +9% to €
181.1m (2024: € 166.5m),
accounting again for more than half of the total order entry (2024: 54%).
9
Reconciliation Full Year EBIT
2025
OPEX
Personnel expenses
COGS
One-offs
FX
Revenue
2024
28.6
47.4
-2.0
-15.5
+42.0
-0.2
-0.1
-5.5
EBIT
(in €m)
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.
Revenue: Software incl. EXA:
€ +21.3m (+24%); Services incl. EXA: € +20.7m (+13%).
Personnel expenses:
higher number of employees and salary increases in 2025.
Good operational trend in the
development of COGS
Increased OPEX due to
growth-related scaling effects.
10
Increased Guidance (Oct. 2025)
Order entry
Book-to-Bill-Ratio >1
Revenue
€ 280m - 295m
EBIT
€ 34m - 46m
Forecast for 2025 raised and exceeded - Ongoing growth in 2026FY 2025
Guidance 2026€ 345.2m
€ 296.8m
€ 47.4m
Book-to-Bill-Ratio >1 Revenue growth in the mid to high single-digit percentage range, with EBIT increase in the low double-digit percentage range.© 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE. 11
AgendaOverview:
FY 2025 Results
Detailed Financials
Q&A
12
2025 | 2024 | Δ |
296.8 | 254.8 | +16% |
272.0 | 230.2 | +18% |
-167.5 | -152.0 | +10% |
-44.9 | -36.8 | +22% |
58.1 | 40.0 | +45% |
47.4 | 28.6 | +66% |
43.3 | 25.3 | +71% |
31.5 | 20.1 | +56% |
Income Statement Q4/FY 2025
(in €m) | Q4 2025 | Q4 2024 | Δ | |
Revenue | 83.6 | 72.0 | +16% | |
Gross profit | 76.3 | 65.5 | +16% | |
Personal expenses | -45.5 | -40.9 | +11% | |
Other income/expenses | -10.3 | -14.9 | -31% | |
EBITDA | 19.8 | 11.0 | +80% | |
EBIT | 16.9 | 8.0 | +112% | |
EBT | 15.9 | 6.9 | +131% | |
Net income | 12.7 | 7.2 | +76% |
Despite increased personnel expenses, the personnel expenses ratio fell from 59.7% to 56.4% as a result of the disproportionately low increase in personnel expenses in relation to sales revenue.
Other operating expenses increased by € 2.5m to € 51.5m; mainly due to FX losses (+€ 3.4m to € 8.7m), driven primarily by negative USD-effects, and increased other services (+€ 3.4m to € 11.8m).
Other operating income decreased by € 5.6m to € 6.6m; last year positively impacted by the receivables purchase and assignment agreement (€ 3.6m).
Gross profit margin
EBITDA margin
EBIT margin
91.3%
91.0%
+0.3pp
23.7%
15.3%
+8.4pp
20.3%
11.1%
+9.2pp
91.6%
90.4%
+1.2pp
19.6%
15.7%
+3.9pp
16.0%
11.2%
+4.8pp
EPS (undiluted): Significantly improved by € 1.59 to € 4.37.
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 13
Revenue Growth in all three Segments
∑ 83.6
32.6
∑ 72.0
21.4
6.6
43.9
45.1
5.9
∑ 254.8
in €m
∑ 296.8
Services business segment up by 11% due to an improved order situation and high-volume SAP S/4HANA projects.
Revenue in the Software business segment increased well above average by 24%; primarily due to the increased sales of program licenses mainly for the implementation of numerous SAP S/4HANA projects.
EXA: Strongly improved revenue and earnings situation.
157.7
81.2
15.9
175.3
100.6
20.9
EXA
Software Services
Q4/2024
Q4/2025
2024
2025
Book-to-bill: 1.16
14
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 14
Strongly Improved Segment Margins
Services Software EXA
56.3%
38.5%
44.0%
31.9%
38.3%
29.8%
39.5%
43.1%
4.3%
10.5%
6.1%
7.4%
Q4 12M
Q4 12M
Q4 12M
2024 2025
Increased service margin in Q4 due to the cost reallocation that could not be directly attributed - in proportion to their share of revenue - to the Software segment, thereby reducing the cost burden in the Services segment.
EXA with stable margin development over the year as a whole.
15
Order Entry Q4/FY 2025 and Order Backlog12.0
43.6
27.9
61.1
58.9
+17%
Order Entry
(in €m)
+11%
∑ 310.6
27.5
∑ 345.2
25.2
115
92.1
∑ 236.7
15.9
20.2
+7%
∑ 101.0
∑ 108.4
5.9
Q4 2024
Q4 2025
2024
2025
2024
2025
188.6
158.0
EXA
Software Service
190.9
205.1
62.8
67.9
∑ 276.7
Order Backlog
(in €m)
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.
Order entry growth was seen across both the Services and Software segments, as well as
in all regions.
Order entry in the EXA segment demonstrated continued strength despite an exceptionally high prior-year
base.
Stable order backlog development ensures more predictable revenue stream and enabling healthy and
sustainable business scaling.
16
Reconciliation Order Backlog 2025
Order Backlog
(in €m)
+345.2
-296.8
+5.3
-13.8
236.7
276.7
Dec. 31,
2024
Order entry
Revenue
Projects remeasurements
FX
Dec. 31,
2025
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE.
Increase in order backlog by 17% compared to year
end 2024.
Projects remeasurements
by € -13.8m.
17
Assets (in €m) | Dec. 31, 2025 | Dec. 31, 2024 |
Cash & cash equivalents | 46.2 | 72.5 |
Other financial assets | 0.5 | 0.8 |
Receivables & contract assets | 125.3 | 102.0 |
Other currents assets | 10.2 | 7.3 |
Total current assets | 182.2 | 182.6 |
Total non-currents assets | 122.8 | 130.7 |
Total assets | 305.0 | 313.3 |
Equity & Liabilities (in €m) | ||
Total current liabilities | 99.6 | 85.0 |
Total non-current liabilities | 45.4 | 90.3 |
Equity | 159.9 | 138.0 |
Total Equity & Liabilities | 305.0 | 313.3 |
Balance Sheet Structure ▪ Decreased cash and cash equivalents primarily as a result of the significant reduction in debt financing.
Rising receivables & contract assets due to high order volume in the fourth quarter.
Increased current liabilities as a result of growth in trade payables and contractual liabilities; both changes are directly linked to the overall increase in business volume.
Decreased non-current financial liabilities attributable to opposing effects: Whilst non-current liabilities to banks fell by € 57.7m to € 0.0m, other long-term financial liabilities increased by € 13.2m to € 13.6m due to the long-term portion of the shareholder loan taken out in April 2025.
© 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE.
Equity ratio: 52.4% (up by 8.3pp against Dec. 31, 2024).
18
Cash flow Statement Q4/FY 2025
(in €m)
Q4 2025
Q4 2024
Δ (abs.) 2025 2024 Δ (abs.)
Net income
12.7
7.2
+5.5 31.5 20.1 +11.3
Depreciation
2.9
3.0
-0.1 10.7 11.4 -0.7
Change in W/C
-4.4
16.1
-20.5 -16.2 7.1 -23.3
Change in other items
2.3
-2.9
+5.2 4.2 2.2 +2.0
Operating Cash flow
13.4
23.4
-10.0 30.2 40.8 -10.6
Investing Cash flow
-0.8
-1.3
+0.4 -13.4 0.9 -14.3
Repayment of lease liabilities
-1.4
-1.4
-0.0 -5.8 -5.5 -0.3
Free Cash flow
11.1
20.7
-9.6 11.0 36.2 -25.2
W/C ratio (LTM)
20.2% 16.4%
Increased W/C mainly due to higher business, particularly in the fourth quarter, and weighs on Operating Cash flow.
Negative Investing Cash flow mainly due to cash outflows from the sale of minority interests in EXA AG (€ 10.9m) compared to proceeds from sales and purchases of consolidated companies in 2024 (€ 2.4m).
Overall, Free Cash flow amounts to
€ 11.0m.
© 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE. 19
Headcount
Headcount evolution Percentage headcount split by function per December 31, 2025
+114
1,562
1,676
Dec. 31, 2024
Changes
Dec. 31, 2025
58%
13%
3%
14%
12%
Consulting
∑ 978; +10%
R&D
∑ 219; +5%
Sales & Marketing
∑ 230; -0%
Admin
∑ 200; +3%
Student & Trainees
∑ 49; +41%
© 2026 SNP - DATA. TRANSFORMATION. EXPERIENCE. 20
Agenda
Overview:
FY 2025 Results
Detailed Financials
Q&A
21
We are happy to take your questions!Financial Calendar 2026
Annual Report 2025
Interim Statement Q1 2026
Annual General Meeting 2026 (virtual)
Half-Year Financial Report 2026
Interim Statement Q3 2026
Mar. 26, 2026 May 7, 2026
Jun. 17, 2026
Jul. 30, 2026
Nov. 5, 2026
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 23
Thank youSNP Schneider-Neureither & Partner SE
Speyerer Strasse 4
69115 Heidelberg Germany
+49 6221 64 25 - 0+49 6221 64 25 - 20
info@snpgroup.com www.snpgroup.com
linkedin.com/company/snp-schneider-neureither-&-partner-se
Marcel Wiskow, Director IR
+49 6221 64 25 - 637
Investor.relations@snpgroup.com
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 24
Disclaimer
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Heidelberg, Germany 2026
© 2026 SNP I DATA. TRANSFORMATION. EXPERIENCE. 25
