TomTom : Q4 and FY 2025 Results Presentation

‌Q4 and Full Year 2025 Results

Harold Goddijn - CEO Taco Titulaer - CFO

4 February 2026

1 © 2026 TomTom

• New products: Lane Model Maps, Automotive Navigation

  Application, TomTom AI Agent

• Record order intake in Automotive, including CARIAD choosing TomTom's Lane Model Maps

• Broadened and diversified Enterprise customer base, including strengthen ties with Uber

  ‌Financial highlights for the quarter

• Group revenue of €131m (€142m in Q4 '24)

• Location Technology revenue of €116m (€122m in Q4 '24)

• Automotive operational revenue of €78m (€88m in Q4 '24)

  
  
  ‌Financial highlights for the year

• Group revenue of €555m (€574m in FY '24)

• Location Technology revenue of €482m (€489m in FY '24)

• Automotive operational revenue of €322m (€326m in FY '24)

• Free cash flow1 was an inflow of €32m (€4m outflow in FY '24)

• Net cash of €263m (€264m at the end of FY '24)

  1 Free cash flow in 2025 excludes restructuring payments related to the organizational realignment announced in June 2025

  
  
  ‌Automotive backlog

  2.1

  YE '24

  2.4

  
  
  

  YE '25

  47%

  41%

  12%

  2026

  2027 - 2029

  2030 and beyond

  • Automotive backlog is defined as the cumulative expected IFRS revenue from all awarded Automotive deals

  • Automotive awards do not include minimum volume or purchase commitments. Volumes are based on estimates of car sales and take rates

  • The year-on-year change of the backlog is the result of:

    • Revenue recognition during the year

    • Estimated cumulative value of all awarded deals during the year

    • Changes in customers' volume forecasts for

previously-awarded deals

in € billion, phasing of revenues in %

By segment

13%

15%

€555m

€574m

87%

85%

Location Technology

Consumer

By type

8%

10%

€555m

€574m

92%

90%

Software & content

Hardware

1 Shares held in treasury of 505,837 are taken into account when calculating the weighted average shares outstanding.

2 The average share price for the quarter was €5.34 and the average share price for the year was €5.10.

This document contains certain forward-looking statements with respect to the financial position and results of TomTom's activities. We have based these forward-looking statements on our current expectations and projections about future events, including numerous assumptions regarding our present and future business strategies, operations and the environment in which we will operate in the future. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, and you should not place undue reliance on them. Many of these risks and uncertainties relate to factors that are beyond TomTom's ability to control or estimate precisely, such as levels of customer spending in major economies, changes in consumer preferences, the performance of the financial markets, the levels of marketing and promotional expenditures by TomTom and its competitors, costs of raw materials, employee costs, exchange-rate and interest-rate fluctuations, changes in tax rates, changes in law, acquisitions or disposals, the rate of technological changes, political developments in countries where TomTom operates and the risk of a downturn in the market. Statements regarding market share, including TomTom's competitive position, contained in this document are based on outside sources such as specialized research institutes, industry and dealer panels in combination with management estimates.

The forward-looking statements contained herein speak only as of the date they are made. We do not assume any obligation to update any public information or forward-looking statement in this document to reflect events or circumstances after the date of this document, except as may be required by applicable laws.

You will be solely responsible for your own assessment of the market and the market position of TomTom and you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of TomTom's business. This document does not constitute or form part of, and should not be constructed as, an offer or invitation to subscribe for or purchase any TomTom securities.

The financial information in this report includes measures, which are not defined by generally accepted accounting principles (GAAP) such as IFRS. We believe this information, along with comparable GAAP measurements, gives insight to investors because it provides a basis for evaluating our operational performance. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with GAAP. Wherever appropriate and practical, we provide reconciliations to relevant GAAP measures.

Operational revenue is IFRS revenue adjusted for the movement of gross deferred revenue

Gross margin is calculated as gross profit divided by IFRS revenue

EBIT is equal to the operating result

Operating (EBIT) margin is calculated as operating result divided by IFRS revenue

Net cash is defined as our cash and cash equivalents, plus cash held in fixed term deposits

Free cash flow is cash from operating activities minus investments in intangible assets and property, plant and equipment and excluding the restructuring payments related to the organizational realignment announced in June 2025

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