Norway's Pexip Q4 revenue misses; forecasts Q1 ARR $133 mln-$136 mln

Pexip Holding ASA

12/02/2026 05:32

Overview

Norway video technology firm's Q4 revenue stable y-o-y, missing analyst expectations

Annual Recurring Revenue grew 16% yr/yr, driven by Secure and Custom video services

Company forecasts Q1 2026 ARR of USD 133-136 mln

Outlook

Pexip expects Q1 2026 ARR between USD 133 mln and USD 136 mln

Secure and Custom video solutions continue to drive Pexip's growth

Result Drivers

SECURE AND CUSTOM GROWTH - Secure and Custom video services drove ARR growth of 25% yr/yr, supporting overall business expansion

CONNECTED SPACES - Connected Spaces improved to 10% yr/yr growth, contributing to the company's financial targets

FREE CASH FLOW INCREASE - Free cash flow rose to NOK 71.9 mln from NOK 21.1 mln in Q4 2024, indicating stronger financial position

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
NOK 333.60 mln
NOK 348.50 mln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Pexip Holding ASA is NOK84.00, about 18.5% above its February 11 closing price of NOK70.90

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 29 three months ago

Press Release: ID:nObiqGb8xa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)