TeamViewer AG Q3 2025 Earnings Recap

TeamViewer reported a solid Q3 performance with 4% revenue and ARR growth year-over-year, driven by strong enterprise business, though the 1E stand-alone business experienced a decline that impacted overall guidance.

Key Takeaways

• Pro forma ARR reached EUR 757 million; enterprise ARR grew 18% year-over-year in constant currency.
• Adjusted EBITDA margin remains robust at 46%, with adjusted EPS up 15% year-over-year.
• EMEA region showed strong momentum with 6% revenue growth, whereas Americas and APAC grew by 2% and 3%, respectively.
• 1E stand-alone business ARR declined 2% year-over-year, necessitating immediate strategic actions to address performance issues.
• Continued focus on product innovations and market growth, particularly in autonomous endpoint management and digital workplace solutions.