IDEX Biometrics ASA (IDEX) Earnings Call Transcripts

IDEX Biometrics ASA's Latest Earnings Call - Q1 FY2026

In Q1 2026, IDEX Biometrics ASA reported significant developments following the launch of its Mythos authentication solution, which management described as an 'inflection point' for the company. The order backlog reached NOK 23 million, driven by new commercial orders, and the company expects strong revenue growth throughout the year as pilots are converted into full-scale deployments. Gross margins improved to 58%, while operational expenses were reduced by 44% year-on-year, indicating a focus on cost management amidst growth initiatives.

Reported metrics

Guidance from management

Management expects strong growth throughout 2026 as pilots convert to full-scale orders, with ongoing efforts to secure more pilots and strategic partnerships.

What analysts pressed on

Analysts expressed concerns regarding the timing of revenue recognition and the potential impact of third-party delays on pilot deployments. There is also apprehension about the sustainability of margins amidst increasing competition.

Main topics on the call

• Launch of Mythos — The launch of Mythos has fundamentally shifted enterprise authentication, with management stating, 'Mythos finds vulnerabilities faster than we can patch them.' This has led to increased engagement with customers and a g...
• Order Backlog Growth — IDEX reported an order backlog of NOK 23 million, which management attributed to the IDC order and other follow-up orders. They expect this backlog to be delivered in 2026, signaling strong demand for their products.
• Cost Management — Operational expenses were reduced by 44% year-on-year, with management indicating, 'OpEx is down 44% year-on-year, flat over the quarter.' This reflects a strong focus on cost control as the company scales its operations...
• Partnership Developments — IDEX has added 8 new channel partners, enhancing their market access. Management noted, 'The partner model is really strong,' which is expected to facilitate product deployment across Europe and Asia.

Read the full IDEX Biometrics ASA transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 22 IDEX Biometrics ASA earnings call transcripts on record, spanning February 27, 2020 to May 29, 2026. Based on this history, IDEX Biometrics ASA reports quarterly. The most recent call on file is dated May 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

IDEX

Exchange

OB

Country

NO

Sector

Information Technology

Industry

Electronic Equipment, Instruments and Components

Calls on record

22

First call

February 27, 2020

Most recent

May 29, 2026

Reporting cadence

quarterly