Text S.A. Q3 2026 Earnings Recap

Text reported a 1.7% decline in Monthly Recurring Revenue (MRR) year-over-year for Q3 2025, aligning with expectations amid challenging market conditions, while showcasing robust growth in larger customer segments.

Key Takeaways

• MRR as of December 31 stood at USD 6.98 million, down 1.7% year-over-year but showing resilience with payments received up 2.1% compared to the same quarter last year.
• Larger customers now represent 51% of total MRR, up 8 percentage points year-over-year, indicating successful market focus shift.
• Improved liquidity with nearly PLN 30 million in tax refunds and full repayment of short-term loans strengthens financial stability.
• Achieved SOC 2 Type 1 certification, enhancing service quality and security, essential for securing larger contracts.
• Upcoming strategies will prioritize customer acquisition and product visibility following a year of significant investment in infrastructure and development.