# Upsales Technology Reports 11% Revenue Growth and Record Margin in Third Quarter 2026

- URL: https://stocks.freetheai.org/news/upsales-technology-reports-11-revenue-growth-and-record-margin-in-third-quarter-daa267
- Published: 2026-10-20T06:30:00Z
- Category: earnings; sentiment: bullish; impact: medium
- Symbols: [OMXSTO:UPSALE](https://stocks.freetheai.org/symbols/OMXSTO-UPSALE)
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Upsales Technology AB (OMXSTO:UPSALE) reported net sales of 42.3 million Swedish kronor for the third quarter of 2026, marking a 10.9% increase from 38.2 million kronor in the same period last year. Operating profit climbed to 16.4 million kronor from 10.9 million kronor, while net income rose to 13.1 million kronor compared to 8.8 million kronor a year earlier. Annual recurring revenue reached 154.6 million kronor at the end of the quarter, representing a 4.7% gain over the past 12 months.

Profitability expanded significantly during the period, with EBITDA jumping to 19.5 million kronor and EBITDA margin reaching a quarterly record of 46.1%, up from 35.1% in the third quarter of 2025. Results benefited from strict cost discipline, a scalable software-as-a-service model, and a 1.6 million kronor non-recurring payment from a partnership. Management noted that lower personnel expenses during summer vacation months elevated quarterly margins above typical baseline levels.

Looking ahead, the software provider plans to roll out vertical solutions tailored for five key industry sectors across the fourth quarter of 2026 and throughout 2027. The business also intends to publish updated long-term financial targets when it delivers its full-year 2026 report.

## Key points

- Q3 2026 net sales rose 10.9% year over year to 42.3 million SEK, while net income reached 13.1 million SEK.
- EBITDA climbed to 19.5 million SEK, yielding a record quarterly EBITDA margin of 46.1%.
- Annual recurring revenue grew 4.7% over the past 12 months to reach 154.6 million SEK.
- Updated long-term financial goals are scheduled to be published alongside the full-year 2026 report.

## Questions and answers

### What were Upsales Technology's Q3 2026 earnings results?

Upsales Technology reported Q3 2026 net sales of 42.3 million SEK, up 10.9% year over year. Net income reached 13.1 million SEK, and EBITDA increased to 19.5 million SEK with a record 46.1% EBITDA margin.

### What is Upsales Technology's annual recurring revenue in Q3 2026?

Annual recurring revenue stood at 154.6 million SEK at the end of the third quarter of 2026, representing a 4.7% increase over the trailing 12 months.

### When will Upsales Technology publish its new long-term financial goals?

The company plans to publish its updated long-term financial targets when it releases its year-end report for full-year 2026.