Exasol AG Reports First-Half 2026 Financial Results

Exasol AG, a global technology firm, has confirmed its preliminary figures for the first half of 2026 and released its Half-Year Report. As of June 30, 2026, Exasol's Annual Recurring Revenue (ARR) was EUR 37.9 million, slightly down from EUR 38.1 million at the same time last year. The company's revenue decreased to EUR 19.0 million from EUR 21.5 million in the prior-year period, mainly due to lower non-recurring hardware and service revenue.

The ARR churn rate improved significantly, reducing to 10%, compared to 24% at the end of 2025. Despite the addition of eleven new customers in the first half of 2026, expansion within existing customer bases faced challenges, attributed to a decrease in investment willingness for new on-premises infrastructures.

Looking forward, Exasol expects the ARR to vary between -2% and +2% for the entire year 2026, with revenue anticipated to decline within the upper-single-digit percentage range.