TomTom N.V. (TOM2) Earnings Call Transcripts

TomTom N.V.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, TomTom N.V. reported group revenue of EUR 129 million, an 8% decline from EUR 140 million in the same quarter last year, consistent with prior guidance. The company achieved an operating profit of EUR 14 million, significantly up from EUR 6 million year-over-year, driven by improved gross margins and reduced operating expenses. Management reiterated full-year revenue guidance of EUR 495 million to EUR 555 million, indicating ongoing challenges from customer program phaseouts but expressing confidence in long-term growth prospects, particularly in automotive and enterprise segments.

Reported metrics

Guidance from management

Management reiterated its full-year 2026 revenue guidance of EUR 495 million to EUR 555 million, indicating that transitional headwinds will impact top line but are expected to be temporary.

What management said

Yes. Thank you. Good afternoon, everyone, and welcome to our conference call. In today's call, we will discuss the Q1 2026 operational highlights and financial results with Harold Goddijn and Taco Titulaer. Harold will begin with an update on strategic developments. Taco will then provide further insight into our financials. After their prepared remarks, we will open the line for your questions. As always, please n...

Yes. It's a bit of that, of course. Currency plays a role as well. So for all the 3 revenue generating units, there is a bell curve of expectations. We do think that the middle of both revenue ranges is the best guidance that we can give. .

What analysts pressed on

Analysts expressed concerns regarding the significant revenue decline and the wide range in revenue guidance, questioning the impact of customer program phaseouts and overall market uncertainty in automotive production levels.

Main topics on the call

• Revenue Decline — TomTom's Q1 2026 revenue decreased by 8% year-over-year to EUR 129 million, aligning with previous guidance. Taco Titulaer noted, "The decline was in line with the expectations and guidance we provided with our Q4 result...
• Improved Profitability — Despite revenue decline, TomTom improved its operating margin to 11%, up from 4% in Q1 2025, and achieved an operating profit of EUR 14 million. Taco stated, "As a result of higher gross margin, lower cost, our operating...
• Automotive Segment Challenges — Automotive revenue fell 5% year-over-year to EUR 76 million, with operational revenue down 16%. Management attributed this to the "gradual discontinuation of certain customer programs" and currency fluctuations.
• Enterprise Segment Growth — Enterprise revenue decreased 8% year-over-year to EUR 38 million, but adjusted for currency, showed slight growth. Management expressed optimism about filling the pipeline in this segment, stating, "I think we are gettin...

Read the full TomTom N.V. 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 27 TomTom N.V. earnings call transcripts on record, spanning February 5, 2020 to July 15, 2026. Based on this history, TomTom N.V. reports quarterly. The most recent call on file is dated July 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TOM2

Exchange

ENXTAM

Country

NL

Sector

Information Technology

Industry

Software

Calls on record

27

First call

February 5, 2020

Most recent

July 15, 2026

Reporting cadence

quarterly