Exasol Reports Q1 2025 Results: Performance Meets Expectations

Exasol AG has released its financial results for the first quarter of 2025, revealing stable growth in strategic focus areas, with annual recurring revenue (ARR) in these segments increasing by 14.6%, reaching EUR 24.4 million. The focus verticals now account for 61% of total ARR, up from 52% in Q1 2024.

However, the group's overall ARR decreased by 2.2% to EUR 40.0 million, attributed mainly to contract downsizes in non-focus areas. Despite this, revenue saw a 25.3% rise to EUR 12.4 million, boosted by one-time hardware and service transactions.

Exasol's EBITDA grew significantly to EUR 1.3 million, influenced by these transactions, while net income reached EUR 1.0 million. Cash reserves also improved substantially to EUR 23.2 million by the end of the quarter.

Looking ahead, Exasol confirms its growth forecast for 2025, anticipating a mid-single-digit increase in ARR and revenue, with EBITDA expected to grow by at least 50% to EUR 3 million to EUR 4 million.