Connect with us

Technology

Verisure Q3 2026 Results

Published

9 hours ago

on

GENEVA, Nov. 3, 2026 /PRNewswire/ — Q3 2026: 1 July to 30 September 2026 (Growth rates shown in constant currency (“cc”) unless otherwise stated)

Continue to prioritise quality growth, driving strong cash generation and margin expansion

Q3 ARR €3,712m, +11.8% y/y (o/w around 2pp Mexico).Q3 Adjusted EBIT €285m, +13.9% y/y, margin reaches highest ever level of 27.7%.Q3 Free Cash Flow €59m, positive for the fourth consecutive quarter.Customer Portfolio increased 9.0% y/y to ~6.5m customers.Macro conditions unchanged, with consumer confidence below long-term average in several markets.Reflecting the YTD trend, we expect 2026 full year ARR growth of 9.0% to 9.5% (cc, exc. Mexico), with 2026 Adjusted EBIT margin around 26.5% and Free Cash Flow around €200m.With cash flow inflection reached we are approaching our 2.5x leverage target, which will create financial flexibility and capacity for additional shareholder returns.

CEO Austin Lally: We continue to extend our global leadership position through our disciplined focus on customer quality. Today we protect almost 6.5m families and small businesses. We have doubled our customer portfolio over the past seven years, with a significant growth runway ahead.

In the third quarter we report our highest ever profitability, margins and cash generation and our track record of compounding financial delivery through the cycle remains robust.                                  

Looking ahead, our formula for value creation remains as powerful as ever and we are excited about the opportunities in front of us. Our strategic framework remains consistent – we prioritise quality customer intake, enhancing long-term portfolio value, while delivering improving margins and accelerated free cash flow.

Third Quarter

9m Year-to-date

All figures €’m unless stated

 Q3 2026

Q3 2025

 y/y

 y/y cc

 9m 2026

9m 2025

 y/y

  y/y cc

Annualised Recurring Revenue (ARR)

3,711.5

3,297.5

12.6 %

11.8 %

3,711.5

3,297.5

12.6 %

11.8 %

ARR (previous definition)

3,738.0

3,291.8

13.6 %

12.2 %

3,743.9

3,320.6

12.7 %

11.8 %

Revenue

1,030.8

933.0

10.5 %

9.2 %

3,073.7

2,780.7

10.5 %

9.6 %

Adjusted EBITDA

488.6

442.6

10.4 %

9.7 %

1,428.5

1,287.4

11.0 %

10.4 %

Adjusted EBIT

285.1

250.3

13.9 %

13.9 %

830.9

716.9

15.9 %

15.6 %

Adjusted EBIT Margin

27.7 %

26.8 %

+83 bps

+116 bps

27.0 %

25.8 %

+125 bps

+143 bps

Adjusted EPS, basic

€0.16

€0.09

86.5 %

87.6 %

€0.45

€0.23

92.5 %

90.0 %

Free Cash Flow

58.6

(27.1)

n/m

n/m

153.9

(124.5)

n/m

n/m

Portfolio Services

Third Quarter

9m Year-to-date

All figures €’m unless stated

 Q3 2026

Q3 2025

 y/y

 y/y cc

 9m 2026

9m 2025

 y/y

  y/y cc

Total Customers

6,474.0k

5,940.5k

9.0 %

n/a

6,474.0k

5,940.5k

9.0 %

n/a

Average Revenue Per User (ARPU)

€48.1

€46.2

4.2 %

3.0 %

€48.2

€46.6

3.5 %

2.5 %

Recurring Monthly Costs (RMC)

€12.3

€11.8

4.9 %

3.5 %

€12.5

€12.2

2.8 %

1.8 %

EBITDA Per Customer (EPC)

€35.8

€34.4

4.0 %

2.8 %

€35.7

€34.4

3.7 %

2.8 %

Attrition (LTM)

7.5 %

7.4 %

+9 bps

n/a

7.5 %

7.4 %

+9 bps

n/a

Attrition (Q3, annualised)

7.3 %

7.1 %

+18 bps

n/a

7.3 %

7.1 %

+18 bps

n/a

Revenue

928.5

816.6

13.7 %

12.4 %

2,740.9

2,420.1

13.3 %

12.3 %

Adjusted EBITDA

690.3

608.5

13.4 %

12.2 %

2,029.3

1,787.7

13.5 %

12.6 %

Adjusted EBITDA Margin

74.4 %

74.5 %

(16 bps)

(14 bps)

74.0 %

73.9 %

+17 bps

+19 bps

Our portfolio of 6,474k customers increased 9.0% year-on-year — reflecting the strength of our proposition and the durability of our customer relationships. We increased Average Revenue Per User (“ARPU”) by 3.0%, to €48.1 per month, reflecting the quality of our portfolio, with discounting remaining very well controlled.Recurring Monthly Costs (“RMC”) at €12.3 were 3.5% above prior year in constant currency, with approximately 50% of the increase attributable to the Mexico portfolio’s higher inherited cost base. We continue to drive operational efficiency and cost transformation through our “Fit for Growth” programme.EPC reached a record €35.8, up 2.8% y/y in constant currency — increasing further the per-customer profit contribution. Portfolio Services Adjusted EBITDA margin was 74.4%, driving the high quality, recurring earnings that underpin our financial framework.Quarterly annualised attrition of 7.3% remains best-in-class and reflects a high level of usage and engagement with our products and services. We remain focused on enhancing the quality of our customer portfolio, with data and analytics supporting personalised, human-led retention operations. Our AI-powered Customer Insights engine, now operating across Spain and France with several other countries following soon, proactively identifies detraction risk, maintaining our best-in-class retention performance.

Customer Acquisition

Third Quartzer

9m Year-to-date

All figures €’m unless stated

 Q3 2026

Q3 2025

 y/y

 y/y cc

 9m 2026

9m 2025

 y/y

 y/y cc

New Installations

214.6k

214.4k

0.1 %

n/a

656.1k

648.8k

1.1 %

n/a

Cost Per Acquisition (CPA)

€1,658.2

€1,485.9

11.6 %

9.2 %

€1,624.7

€1,476.0

10.1 %

8.6 %

Cost Per Acquisition (ex rebrand)

€1,624.9

€1,485.9

9.4 %

7.0 %

€1,596.7

€1,476.0

8.2 %

6.7 %

Acquisition Multiple

3.9x

3.6x

0.3x

0.3x

3.8x

3.6x

0.2x

0.2x

Acquisition Multiple (ex rebrand)

3.8x

3.6x

0.2x

0.2x

3.7x

3.6x

0.1x

0.1x

Revenue

77.7

86.7

(10.4) %

(12.0) %

255.5

275.7

(7.3) %

(8.3) %

Adjusted EBITDA

(206.8)

(171.4)

(20.7) %

(17.7) %

(617.1)

(517.2)

(19.3) %

(17.5) %

New installations of 215k in Q3 remained broadly stable year-on-year. New customers joining the portfolio were at high quality – entering the portfolio at the same ARPU level as existing customers, as we continue to avoid any front book / back book dynamic. We experienced country-specific macro-led factors in France and Latin America where the consumer backdrop continues to be challenging. Elsewhere, our major markets performed well, delivering solid growth year over year.External CPA of €1,658 was 9.2% above prior year in constant currency, reflecting the continuation of our Spain rebrand programme, which added approximately €33 per installation in Q3. Excluding rebrand, underlying CPA growth of 7.0% is attributed to lower upfront revenue per install, as previously guided, and the under-absorption of fixed costs against lower than planned installation volume. Our Acquisition Multiple of 3.8x excluding rebrand — up 0.2x year-on-year — reflects investments in CPA, partly offset by increased customer profitability.CPA gross capitalisation rate of 34.4% was 188 basis points below the prior-year period, reflecting the continued mix shift in our CPA spend towards expensed media – driven by the temporary re-branding investment – reducing the proportion of capitalised hardware and variable sales commissions, as guided.

Cash Flow, Capital Expenditures & Net Debt

Third Quarter

Year-to-date

All figures €’m unless stated

Q3 2026

Q3 2025

y/y

9m 2026

9m 2025

y/y

Adjusted Operating Cash Flow

159.5

169.4

(5.9) %

504.6

362.8

39.1 %

Free Cash Flow1

58.6

(27.1)

n/m

153.9

(124.5)

n/m

Capital Expenditures

245.8

236.4

4.0 %

748.6

714.7

4.7 %

Capital Expenditure Intensity2

23.8 %

25.3 %

(150 bps)

24.4 %

25.7 %

(135 bps)

Net Debt

4,952.9

7,773.5

(36.3) %

4,952.9

7,773.5

(36.3) %

LTM Net Leverage

2.7x

4.7x

(2.0x)

2.7x

4.7x

(2.0x)

1 Defined as Cash Flow for the period excluding changes in borrowings, M&A activity, and returns to shareholders

2 Defined as Capital Expenditures divided by Revenue 

Cash Flow: Free cash flow was €58.6m in Q3, taking year-to-date free cash flow to €153.9m, an improvement of €278.4m y/y. This marks our fourth consecutive quarter of positive free cash flow. The step change reflects further progress on our working capital improvement programme and lower financing costs following our refinancing activity. It also reflects a continued improvement in portfolio reinvestment rate as our markets grow.Capital Expenditures: In Q3, capital expenditure increased +4.0% y/y to €245.8m. Capital expenditure intensity was 23.8%, down 150 bps y/y as we capitalise a lower proportion of customer acquisition costs. We made further progress with our 2G/3G upgrade program, investing €16.8m (€54.2m for the nine months of 2026) to upgrade 2G/3G hardware ahead of projected network sunsets towards the end of the decade. We are progressing this program proactively, with a positive impact on customer lifetime and upsell propensity.Refinancing: During the quarter, the Group completed the refinancing announced alongside our Q2 results, issuing €1bn of Senior Secured Notes at 4.125% due 2032. Proceeds were used to fully repay the Group’s 5.250% Senior Notes due 2029, leaving no material debt maturities until May 2030. Following the reporting period, we continued to optimise our capital structure – in October 2026 we upsized our Term Loan A by €250m and used the proceeds, together with a modest drawing under our Revolving Credit Facility, to prepay €350m of our Term Loan B. Our proactive approach to capital structure management has maintained our weighted average cost of debt within our 4.0%–4.5% guidance range.Leverage: Q3 closed with LTM net leverage of 2.7x, stable versus Q2 including €103m paid to shareholders by way of our interim dividend. Net debt closed Q3 at €4,953m. We remain within our 2026 range of 2.5–2.75x and reaffirm our medium-term leverage target of around 2.5x. Available liquidity stood at €910.8m as of 30 September 2026, comprising cash-on-hand and undrawn credit facilities.

Other Topics

Innovation: A key element of our strategy is innovation; delivering premium and differentiated technology-driven solutions to better protect our customers.We continued to strengthen our innovation leadership during the quarter, expanding the rollout of our award-winning, AI-powered GuardVisionTM Outdoor video detector to 12 of our 18 markets. GuardVisionTM extends protection beyond the home by combining advanced AI with our 24/7 professional monitoring and human intervention. Data from some of our largest markets shows that outdoor security solutions can help prevent a significant number of detected intrusion attempts, demonstrating the tangible value of our continued investment in innovation and technology.In September, we signed a strategic partnership with US company Ting LabsTM to exclusively commercialise their pioneering electrical fire prevention device to our customers in Europe. This system will be fully integrated into our home alarm ecosystem, expanding our fire protection offering. This partnership complements our Connected Smoke Alarms and AI-powered Wi-Fi Vision to add a new layer of protection in the home.Partnerships: Alliances remain an important growth lever, contributing >10% of new installations. Beyond sales, these channels provide us partner data, insights, and advanced analytics to enhance both sales effectiveness and customer experience, typically delivering lower-than-average CPA. 2026 has been a record year for expanding partnerships. Adding to partnerships in Spain, France, Sweden, Brazil and Italy, we recently announced new alliances with the insurer Frende in Norway, and Danske Bank in Denmark.Italy: We have surpassed 500,000 customers in Italy, a milestone that reflects the growing demand for our services. Since entering the Italian market in 2013, our rapid growth has positioned us as the leading provider of monitored home security. Today, the company operates across 18 regions and 94 provinces, helping protect homes and small businesses through a combination of award-winning technology, 24/7 professional monitoring and rapid human response.Rebrand: With brand awareness for Verisure in Spain now ~80%, our rebrand program continues to progress well. More than 80% of digital marketing lead-traffic is now generated via the Verisure.es website. Total Q3 investment was ~€10m, of which €7.2m was media investment and reported as an operating cost. We retain access to the Securitas Direct brand to year-end 2029, from which point we will make brand license fee savings of €10m per annum.Material Costs: As has been the case across supply chains globally, we are experiencing some challenges around supply and cost of key components, particularly memory and chipsets. We remain well-positioned in terms of supply availability and have appropriate levels of inventory on hand. As previously noted, we are seeing some cost inflation against which we are working on broad-based mitigation options. We remain comfortable with CPA consensus for 2027.Culture & Talent: At Verisure, we are committed to creating an environment where people feel engaged, trusted and empowered to reach their full potential. With over 30,000 colleagues across 18 countries, we are proud to now also be recognized as one of the Fortune 100 Best Companies to Work For in Europe, in addition to being a Top Employer® Europe for the third consecutive year, as well as Financial Times’ Europe’s Best Employer (2025 & 2026). We believe that when colleagues are given opportunities to learn, grow and make a meaningful impact, they can do their best work and build rewarding careers.AI: Our vision for AI is to improve service quality, enable new services where possible, and reduce operating costs. Our large scale, vertically integrated approach plays to our advantage. Within recruitment we have introduced an AI-powered platform to support our growth and enhance productivity across our hiring operations. By automating a significant portion of the recruitment process, the platform will reduce administrative effort, provide candidates a faster, more personal experience and free our recruiters to focus on judgement, relationships and the final decision. Over time, it will become a smarter talent engine, improve hiring outcomes and support our continued growth with greater efficiency.Protecting What Matters Most: In Q3 2026, around 24 million alarms were triggered, and our highly trained teams in our 24/7 alarm response centres evaluated nearly 9 million incidents. Our AI-enhanced human service filters 99.7% of false positives. Of total alarms triggered, ~128k incidents required on-site assistance at our customers’ premises. Protecting customers and their families in moments of truth, when it really counts.

2026 Outlook

ARR growth expected at 9.0% to 9.5% (cc, exc. Mexico), Adjusted EBIT margin around 26.5%, and Free Cash Flow expected at around €200m. All considered broadly in line with the outlook shared in February 2026.2027 outlook will be provided alongside our full year 2026 results, in February 2027.

Medium Term Guidance

ARR growth around 10%Total revenue growth up to 100 bps below ARR growthProgressive expansion in Adjusted EBIT margin to 30% over the long-term

Conference Call Details

Verisure Q3 Earnings Call:  3rd November 2026, 10:00am CET

•  Presenters: Austin Lally, CEO & Colin Smith, CFO

•  Webcast: Link for Webcast

•  Q3 2026 Materials: Financial results, reports and presentations | Verisure

Further Information

Investor Relations

Kate Stewart

+44 7900 191093

ir@verisure.com

Media 

Srebrenka Hanak

+41 792846360

pressrelations@verisure.com

This is information that Verisure plc is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above at 8:00am CET on 3rd November 2026.

Q3 2026 Financial Results

Q3 2026

Q3 2025

Adjusted result % change

m (unless otherwise stated)

Adjusted

SDIs

Reported

Adjusted

SDIs

Reported

Actual currency

Constant currency

Revenue

1,030.8

–

1,030.8

933.0

–

933.0

+10.5 %

+9.2 %

Operating expenses

(542.6)

(15.7)

(558.3)

(491.7)

(56.7)

(548.4)

+10.4 %

+8.5 %

Other income

0.4

–

0.4

1.3

–

1.3

(69.6) %

(69.9) %

Adjusted EBITDA1

488.6

(15.7)

472.9

442.6

(56.7)

385.9

+10.4 %

+9.7 %

Adjusted EBITDA margin1, %

47.4 %

47.4 %

(4bps)

+24bps

Share-based compensation2

–

(35.1)

(35.1)

–

–

–

n/a

n/a

Depreciation, amortisation and asset retirements3

(203.5)

(108.3)

(311.8)

(192.3)

(111.8)

(304.1)

+5.8 %

+4.3 %

Adjusted EBIT1/Operating profit

285.1

(159.1)

126.0

250.3

(168.5)

81.8

+13.9 %

+13.9 %

Adjusted EBIT margin1, %

27.7 %

26.8 %

+83bps

+116bps

Interest income and expenses

(58.7)

–

(58.7)

(103.0)

–

(103.0)

(43.0) %

(43.0) %

Other financial items

(5.9)

48.3

42.4

(4.4)

(7.0)

(11.4)

+34.7 %

+6.1 %

Profit or (loss) before tax

220.5

(110.8)

109.7

142.9

(175.5)

(32.6)

+54.2 %

+54.9 %

Income tax (expense)/credit3

(53.7)

19.1

(34.6)

(53.5)

38.3

(15.2)

+0.3 %

(0.3) %

Adjusted net profit or (loss)

166.8

(91.7)

75.1

89.4

(137.2)

(47.8)

+86.6 %

+87.6 %

1) Alternative performance measure (APM). A reconciliation to the nearest IFRS equivalent is provided in the section ‘Alternative performance measures (APMs)’.2) Refer to note 5 ‘Share-based compensation’ for more details.3) Depreciation, amortisation and asset retirements includes €14.7m (€11.6m in Q3 2025) of amortisation capitalised variable sales cost commissions recorded on the balance sheet prior to the 2020 Business Combination. As these costs would have been amortised as an operating cost absent the 2020 Business Combination, it is considered more appropriate to include these assets’ amortisation in Adjusted EBIT and not as an acquisition-related SDI. We have therefore added back this amortisation to our adjusted depreciation and amortisation charge with a consequent reduction in Adjusted EBIT. The corresponding tax impact is €2.1m in Q3 2026 (€1.8m in Q3 2025). Refer to section ‘Alternative performance measures (APMs)’ for more details.

Group Revenue in Q3 was €1,031m, an increase of 10.5% y/y (9.2% at constant currency).  The key driver of revenue growth was a 9.0% increase in the customer portfolio, alongside strong ARPU growth. Reported EBITDA was €472.9m in Q3.  Q3 EBITDA included a lower capitalisation rate on customer acquisition costs due to increased media investment associated with the Spain rebrand programme.  Capitalisation of acquisition costs reduced from 36.2% in Q3 2025 to 34.4% in Q3 2026.  Q3 Adjusted EBITDA was €488.6m, up 10.4% y/y (9.7% at constant currency). SDIs impacting EBITDA in Q3 reduced to €15.7m.  These non-operating items include the management of our rebrand programme, the continued roll-out of our new ERP system and costs associated with the integration program in Mexico.  The Group’s Operating Profit increased to €126.0m in Q3, which included €35.1m of share-based compensation expenses.  Adjusted EBIT was €285.1m, up 13.9% y/y, with Q3 Adjusted D&A and Asset Retirements increasing 5.8% y/y to €203.5m, representing 19.7% of revenue.In Q3, the Group reported Net Income of €75.1m, with Adjusted Net Income at €166.8m, an increase of 87.6% y/y at constant currency.  This increase was driven by additional growth in customer portfolio, strong ARPU progression and tight cost control.  Lower interest charges benefited our Adjusted ETR, which was ~24% in Q3.  Adjusted Earnings per Share were €0.16 in the quarter.

Q3 2026 Quarterly Financial Review

Unaudited Consolidated Income Statement

€m

Note

Q3 2026

Q3 2025

9m 2026

9m 2025

Revenue

3

1,030.8

933.0

3,073.7

2,780.7

Cost of sales

(518.3)

(481.1)

(1,558.2)

(1,430.5)

Gross profit

512.5

451.9

1,515.5

1,350.2

Selling expenses

(109.3)

(105.1)

(328.2)

(316.0)

Administrative expenses

4

(277.6)

(266.3)

(842.7)

(758.3)

Other income

0.4

1.3

6.2

3.6

Operating profit

126.0

81.8

350.8

279.5

Financial income

53.5

2.5

96.3

1.3

Financial expenses

(69.8)

(116.9)

(225.9)

(372.4)

Profit or (loss) before tax

109.7

(32.6)

221.2

(91.6)

Income tax (expense)/credit

(34.6)

(15.2)

(80.5)

(43.0)

Net profit or (loss) for the period

75.1

(47.8)

140.7

(134.6)

Earnings per share (€)

Earnings (loss) per share, basic and diluted1

0.07

(0.06)

0.14

(0.17)

1) Earnings (loss) per share, basic and diluted, is calculated based on the weighted average number of outstanding shares during the periods. The outstanding number of shares prior to the listing on Nasdaq Stockholm on 8 October 2025 is based on the total number of Verisure plc shares (800,000,000) at the time of listing on Nasdaq Stockholm on 8 October 2025. The amount of shares prior to the listing on Nasdaq Stockholm has also been applied to the comparative periods. Refer to note 7 ‘Share capital’ for more details.

 

Unaudited Consolidated Statement of Comprehensive Income

€m

Note

Q3 2026

Q3 2025

9m 2026

9m 2025

Net profit or (loss) for the period

75.1

(47.8)

140.7

(134.6)

Items that may subsequently be reclassified to the consolidated income statement

Change in hedging reserve

0.6

3.4

11.4

(19.0)

Currency translation differences on foreign operations

(44.7)

25.7

(1.0)

80.5

Income tax related to these items

(0.2)

(0.7)

(2.6)

3.9

Items that may subsequently be reclassified to the consolidated income statement

(44.3)

28.4

7.8

65.4

Other comprehensive income/(expenses)

(44.3)

28.4

7.8

65.4

Total comprehensive income/(expenses) for the period

30.8

(19.4)

148.5

(69.2)

Unaudited Consolidated Statement of Financial Position

€m

Note

Sep 2026

Sep 2025

Dec 2025

Assets

Non-current assets

Property, plant and equipment

1,775.5

1,648.8

1,701.9

Right-of-use assets

214.9

203.1

205.1

Goodwill

7,711.1

7,618.5

7,702.8

Customer portfolio

3,870.1

3,994.7

4,072.7

Other intangible assets

1,430.0

1,360.0

1,393.5

Deferred tax assets

89.3

126.8

78.2

Derivatives

6

31.9

–

–

Trade and other receivables

6

223.3

177.6

183.3

Total non-current assets

15,346.1

15,129.5

15,337.5

Current assets

Inventories

340.9

323.8

281.7

Trade receivables

6

270.0

303.9

347.2

Current tax assets

12.1

16.7

33.0

Derivatives

6

5.5

4.7

0.2

Prepayments and accrued income

177.2

138.2

143.7

Other current receivables

6

111.2

107.7

104.8

Cash and cash equivalents

6

31.4

23.1

30.0

Total current assets

948.3

918.1

940.6

Total assets

16,294.4

16,047.6

16,278.1

Equity and liabilities

Equity

Equity attributable to the owners of the parent company

6

8,874.5

5,805.2

8,764.5

Total equity

8,874.5

5,805.2

8,764.5

Non-current liabilities

Long-term borrowings

6, 9

4,976.7

6,954.2

4,985.5

Derivatives

6

–

21.0

20.4

Other non-current liabilities

6

104.7

104.4

108.2

Deferred tax liabilities

982.2

1,016.6

1,013.9

Other provisions

54.7

39.1

48.2

Total non-current liabilities

6,118.3

8,135.3

6,176.2

Current liabilities

Trade payables

6

146.4

148.0

179.5

Current tax liabilities

140.8

128.9

86.9

Short-term borrowings

6, 9

275.2

1,108.4

329.8

Derivatives

6

–

10.1

6.1

Accrued expenses and deferred income

6

653.4

629.0

649.5

Other current liabilities

6

85.8

82.7

85.6

Total current liabilities

1,301.6

2,107.1

1,337.4

Total liabilities

7,419.9

10,242.4

7,513.6

Total equity and liabilities

16,294.4

16,047.6

16,278.1

Unaudited Consolidated Statement of Changes in Equity 

Attributable to equity holders of the parent company

€m

Share

capital

Other paid

in capital

Share-based
compensation
reserve

Employee
benefit trust

Translation
reserve

Hedging

reserve

Accumulated
losses

Total

Balance as of 1 January 2026

1.0

10,200.5

19.4

–

(319.8)

1.6

(1,138.2)

8,764.5

Net profit or (loss) for the period

–

–

–

–

–

–

140.7

140.7

Other comprehensive income

–

–

–

–

(1.0)

8.8

–

7.8

Total comprehensive income

–

–

–

–

(1.0)

8.8

140.7

148.5

Transactions with owners

Share issuance

0.0

–

–

–

–

–

–

0.0

Dividend

–

–

–

–

–

–

(103.4)

(103.4)

Dividend attributable to shares held by Employee Benefit Trust

–

–

–

–

–

–

0.3

0.3

Reclassification of shares held by Employee benefit trust

–

–

–

(17.3)

–

–

–

(17.3)

Share-based compensation plan

–

–

81.9

–

–

–

–

81.9

Total transactions with owners

0.0

–

81.9

(17.3)

–

–

(103.1)

(38.5)

Balance as of 30 September 2026

1.0

10,200.5

101.3

(17.3)

(320.8)

10.4

(1,100.6)

8,874.5

Attributable to equity holders of the parent company

€m

Share

capital

Other paid
in capital

Share-based
compensation
reserve

Employee
benefit trust

Translation
reserve

Hedging

reserve

Accumulated
losses

Total

Balance as of 1 January 2025

359.0

6,801.0

–

–

(410.9)

13.4

(889.9)

5,872.6

Net profit or (loss) for the period

–

–

–

–

–

–

(134.6)

(134.6)

Other comprehensive income

–

–

–

–

80.5

(15.1)

–

65.4

Total comprehensive income

–

–

–

–

80.5

(15.1)

(134.6)

(69.2)

Transactions with owners

Capital contribution for share capital, Verisure plc

0.1

–

–

–

–

–

–

0.1

Reclassification of share-based payment plan to cash settled

–

(9.3)

–

–

–

–

7.4

(1.9)

Shareholder’s contribution

–

3.6

–

–

–

–

–

3.6

Total transaction with owners

0.1

(5.7)

–

–

–

–

7.4

1.8

Balance as of 30 September 2025

359.1

6,795.3

–

–

(330.4)

(1.7)

(1,017.1)

5,805.2

Attributable to

Sep 2026

Sep 2025

Dec 2025

Equity holders of the parent company

8,874.5

5,805.2

8,764.5

Closing balance

8,874.5

5,805.2

8,764.5

Unaudited Consolidated Statement of Cash Flows 

€m

Q3 2026

Q3 2025

9m 2026

9m 2025

Operating activities

Operating profit

126.0

81.8

350.8

279.5

Adjustment of depreciation, amortisation and asset retirements

311.8

304.1

928.6

924.3

Adjustment for other non-cash items

37.4

24.1

78.7

23.6

Paid taxes

(17.5)

(31.5)

(40.6)

(76.4)

Cash flow from operating activities before change in working capital

457.7

378.5

1,317.5

1,151.0

Change in working capital

Change in inventories

(12.1)

14.9

(55.3)

(11.0)

Change in trade receivables

9.9

4.4

19.3

(21.7)

Change in other receivables

4.3

(14.7)

(40.8)

(72.9)

Change in trade payables

(55.4)

(30.9)

(36.3)

(28.8)

Change in other payables

(11.0)

6.0

(7.2)

(26.3)

Cash flow from change in working capital

(64.3)

(20.3)

(120.3)

(160.7)

Cash flow from operating activities

393.4

358.2

1,197.2

990.3

Investing activities

Investments in intangible assets

(128.0)

(116.0)

(383.5)

(348.5)

Investments in property, plant and equipment

(115.7)

(121.4)

(362.5)

(368.0)

Acquisition of subsidiaries, net of cash acquired

(2.6)

–

(1.8)

–

Disposal of other investments

–

–

16.3

–

Interest received

0.6

0.3

1.6

0.9

Cash flow from investing activities

(245.7)

(237.1)

(729.9)

(715.6)

Financing activities

Dividend distribution

(103.4)

–

(103.4)

–

Dividend distributed to Employee benefit trust

0.3

–

0.3

–

New financing, Senior Secured Notes

1,000.0

–

1,000.0

–

Repayment of financing, Senior Secured Notes

–

–

(450.0)

–

Repayment of financing, Senior Unsecured Notes

(1,000.0)

–

(1,175.0)

–

New financing, Term Loan A

–

–

570.0

–

New financing, Revolving Credit Facility

50.1

932.4

126.6

2,645.6

Repayment of financing, Revolving Credit Facility

(22.3)

(897.1)

(143.4)

(2,497.1)

New financing, factoring liabilities

85.9

55.5

221.9

128.7

Repayment of financing, factoring liabilities

(73.0)

(67.1)

(202.9)

(168.5)

New financing, other borrowings

4.7

9.1

27.8

37.3

Repayment of financing, other borrowings

(3.1)

(3.8)

(39.6)

(26.4)

Repayment of lease liabilities

(19.1)

(16.4)

(55.1)

(49.2)

Interest paid

(62.1)

(127.4)

(207.1)

(340.9)

Call cost old debt in relation to repayment of financing

–

–

(8.0)

–

Paid bank and advisory fees in relation to new financing

(5.9)

–

(11.3)

–

Other financial items

(4.7)

(4.6)

(17.4)

(9.3)

Capital contribution for share capital increase

–

0.1

–

0.1

Cash flow from financing activities

(152.6)

(119.3)

(466.6)

(279.7)

Cash flow for the period

(4.9)

1.8

0.7

(5.0)

Cash and cash equivalents at start of period

36.7

21.8

30.0

30.1

Effects of exchange rate changes on cash and cash equivalents

(0.4)

(0.5)

0.7

(2.0)

Cash and cash equivalents at end of period

31.4

23.1

31.4

23.1

Reconciliation Tables

Acquisition multiple

€ (unless otherwise stated)

Q3 2026

Q3 2025

9m 2026

9m 2025

Cost per acquisition (CPA)

1,658.2

1,485.9

1,624.7

1,476.0

Monthly Adjusted EBITDA per customer (EPC)

35.8

34.4

35.7

34.4

Acquisition multiple (ratio)

3.9x

3.6x

3.8x

3.6x

Adjusted earnings per share (Adjusted EPS)

€m (unless otherwise stated)

Q3 2026

Q3 2025

9m 2026

9m 2025

Net profit or (loss) for the period

75.1

(47.8)

140.7

(134.6)

Adjustment of acquisition related items¹

108.3

111.8

331.0

353.8

Deferred tax on acquisition-related items

(26.7)

(25.4)

(81.3)

(83.7)

Separately disclosed items affecting Net profit or (loss)2

2.5

63.7

71.9

128.1

Tax impact of separately disclosed items affecting Net profit or (loss)

7.6

(12.9)

(1.1)

(24.0)

Adjusted Net profit or (loss) for the period

166.8

89.4

461.2

239.6

Weighted average number of shares3

1,033,984,756

1,033,962,264

1,033,969,844

1,033,962,264

Adjusted EPS3, €

0.16

0.09

0.45

0.23

1) Acquisition related items relate to amortisation and depreciation included in net profit or (loss), mainly resulting from the 2020 Business Combination (further described in the definitions of APMs). The impact from these amortisations and depreciations are excluded to better reflect the underlying net profit or (loss) absent business combinations.

2) Refer to APM table Separately disclosed items for information on SDIs.

3) Adjusted earnings per share (EPS) is calculated based on the weighted average number of ordinary shares outstanding during the period. For comparative periods up to Q2 2026, Adjusted EPS is based on 1,033,962,264 shares, being the total number of Verisure plc shares issued and outstanding following completion of our Nasdaq Stockholm listing on 8 October 2025.

Adjusted EBIT and Adjusted EBIT margin

€m (unless otherwise stated)

Q3 2026

Q3 2025

9m 2026

9m 2025

Operating profit

126.0

81.8

350.8

279.5

Adjustment of acquisition related items¹

108.3

111.8

331.0

353.8

Separately disclosed items affecting EBIT²

15.7

56.7

62.8

83.6

Share-based compensation

35.1

–

86.3

–

Adjusted EBIT

285.1

250.3

830.9

716.9

Revenue

1,030.8

933.0

3,073.7

2,780.7

Adjusted EBIT margin (%)

27.7 %

26.8 %

27.0 %

25.8 %

1) Acquisition related items relate to amortisation and depreciation included in net profit or (loss), mainly resulting from the 2020 Business Combination (further described in the definitions of APMs). The impact from these amortisations and depreciations are excluded to better reflect the underlying net profit or (loss) absent business combinations.

2) Refer to APM table Separately disclosed items for information on SDIs.

Adjusted EBITDA, Revenue growth, Adjusted EBITDA margin, Adjusted EBITDA incl. SDI and Adjusted EBITDA margin incl. SDI

€m

Q3 2026

Q3 2025

9m 2026

9m 2025

Operating profit

126.0

81.8

350.8

279.5

Depreciation, amortisation and asset retirements

311.8

304.1

928.6

924.3

Separately disclosed items affecting EBITDA¹

15.7

56.7

62.8

83.6

Share-based compensation

35.1

–

86.3

–

Adjusted EBITDA

488.6

442.6

1,428.5

1,287.4

Portfolio Services Adjusted EBITDA

690.3

608.5

2,029.3

1,787.7

Customer Acquisition Adjusted EBITDA

(206.8)

(171.4)

(617.1)

(517.2)

Adjacencies Adjusted EBITDA

5.1

5.5

16.3

16.9

Revenue

1,030.8

933.0

3,073.7

2,780.7

Revenue growth (%)

10.5 %

9.2 %

10.5 %

9.6 %

Adjusted EBITDA margin (%)

47.4 %

47.4 %

46.5 %

46.3 %

Adjusted EBITDA (as above)

488.6

442.6

1,428.5

1,287.4

Add-back of adjustment items within EBITDA

(15.7)

(56.7)

(62.8)

(83.6)

Adjusted EBITDA incl. SDIs

472.9

385.9

1,365.7

1,203.8

Adjusted EBITDA margin incl. SDIs (%)

45.9 %

41.4 %

44.4 %

43.3 %

1) Refer to APM table Separately disclosed items for information on SDIs.

Adjusted Operating Cash Flow, Adjusted Operating Cash Flow before portfolio growth and Free Cash Flow

€m (unless otherwise stated)

Q3 2026

Q3 2025

9m 2026

9m 2025

Adjusted EBIT

285.1

250.3

830.9

716.9

Depreciation, amortisation and asset retirement¹

203.5

192.3

597.6

570.5

Customer Acquisition adjusted EBITDA

206.8

171.4

617.1

517.2

Portfolio and other capital expenditures²

(96.6)

(89.2)

(299.7)

(274.2)

Change in working capital

(64.3)

(20.3)

(120.3)

(160.7)

Repayment of lease liabilities

(19.1)

(16.4)

(55.1)

(49.2)

Adjusted operating cash flow before Customer acquisition

515.4

488.1

1,570.5

1,320.5

Attrition replacement investment³

(195.4)

(156.6)

(574.2)

(472.4)

Adjusted operating cash flow before portfolio growth

320.0

331.5

996.3

848.1

Organic portfolio growth investment⁴

(160.5)

(162.1)

(491.7)

(485.3)

Adjusted operating cash flow

159.5

169.4

504.6

362.8

Paid taxes

(17.5)

(31.5)

(40.6)

(76.4)

Separately disclosed items affecting EBITDA

(15.7)

(56.7)

(62.8)

(83.6)

Net interest and other financial items paid

(72.1)

(131.7)

(242.2)

(349.4)

Other

4.4

23.4

(5.1)

22.1

Free cash flow

58.6

(27.1)

153.9

(124.5)

Adjusted operating cash flow (excluding change in working capital)

223.8

189.7

624.9

523.5

1) Represents depreciation, amortisation and asset retirements excluding acquisition-related amortisation from historic business combinations. Refer to ‘Reconciliation of the depreciation, amortisation and asset retirement charge’ below for more information.

2) Portfolio and other capital expenditures consist of Portfolio Services capital expenditures (capital expenditures related to new equipment for existing customers), Adjacencies capital expenditures (direct costs related to acquisition of customer contracts within our adjacencies segment) and other capital expenditures (capital expenditure related to research and development, IT and premises).

3) Number of cancellations multiplied by CPA.

4) The net subscriber growth, multiplied by CPA.

Annualised recurring revenue (ARR)

€m (unless otherwise stated)

Q3 2026

Q3 2025

9m 2026

9m 2025

Total subscribers (end of period), 000s

6,474.0

5,940.5

6,474.0

5,940.5

ARPU (LTM), €

47.8

46.3

47.8

46.3

ARR1

3,711.5

3,297.5

3,711.5

3,297.5

ARR Growth (%)

12.6 %

10.5 %

12.6 %

10.5 %

ARPU, €

48.1

46.2

48.2

46.6

ARR – previous definition1

3,738.0

3,291.8

3,743.9

3,320.6

ARR Growth (%) – previous definition

13.6 %

9.6 %

12.7 %

10.1 %

1) In Q4 2025, the Group updated how it defines ARR to better reflect stability against quarterly seasonality, particularly price increases and upgrade propensity.

Cost per acquisition (CPA) and Customer Acquisition capital expenditures

€m (unless otherwise stated)

Q3 2026

Q3 2025

9m 2026

9m 2025

Customer Acquisition revenue

77.7

86.7

255.5

275.7

Customer Acquisition expenses

(284.7)

(258.9)

(873.2)

(795.2)

Customer Acquisition other revenue

0.2

0.8

0.6

2.3

Customer acquisition Adjusted EBITDA

(206.8)

(171.4)

(617.1)

(517.2)

Customer Acquisition capital expenditure, material

(77.0)

(83.7)

(241.5)

(247.2)

Customer Acquisition capital expenditure, direct cost

(72.0)

(63.5)

(207.4)

(193.3)

Customer acquisition capital expenditure

(149.0)

(147.2)

(448.9)

(440.5)

Customer acquisition cost (net)

(355.8)

(318.6)

(1,066.0)

(957.7)

New subscribers added (gross), 000s

214.6

214.4

656.1

648.8

CPA, €1

1,658.2

1,485.9

1,624.7

1,476.0

Customer Acquisition cost (gross)2

(433.7)

(406.2)

(1,322.1)

(1,235.7)

Gross capitalisation (%)

34.4 %

36.2 %

34.0 %

35.6 %

1) In 2026, CPA includes investment in media related to our rebranding, from Securitas Direct to Verisure. This rebranding programme began in October 2025.

2) Customer Acquisition cost (gross) consists of Customer Acquisition expenses and Customer Acquisition capital expenditures.

Monthly Adjusted EBITDA per customer (EPC), Portfolio Services Adjusted EBITDA and Portfolio Services Adjusted EBITDA margin

€m (unless otherwise stated)

Q3 2026

Q3 2025

9m 2026

9m 2025

Portfolio Services revenue

928.5

816.6

2,740.9

2,420.1

Portfolio Services expenses

(238.3)

(208.5)

(712.3)

(633.6)

Portfolio Services other revenue

0.1

0.4

0.7

1.2

Portfolio services Adjusted EBITDA

690.3

608.5

2,029.3

1,787.7

Portfolio Services Adjusted EBITDA margin

74.4 %

74.5 %

74.0 %

73.9 %

Monthly average Portfolio Services Adjusted EBITDA

230.1

202.8

225.5

198.6

Monthly average number of subscribers during the period, 000s

6,432.3

5,894.6

6,319.5

5,772.8

EPC, €

35.8

34.4

35.7

34.4

Monthly average revenue per user (ARPU)

€m (unless otherwise stated)

Q3 2026

Q3 2025

9m 2026

9m 2025

Portfolio Services revenue

928.5

816.6

2,740.9

2,420.1

Monthly average Portfolio Services revenue

309.5

272.2

304.5

268.9

Monthly average number of subscribers during the period, 000s

6,432.3

5,894.6

6,319.5

5,772.8

ARPU, €

48.1

46.2

48.2

46.6

Recurring monthly cost (RMC)

€m (unless otherwise stated)

Q3 2026

Q3 2025

9m 2026

9m 2025

ARPU

48.1

46.2

48.2

46.6

EPC

35.8

34.4

35.7

34.4

Recurring monthly cost (RMC), €

(12.3)

(11.8)

(12.5)

(12.2)

Separately disclosed items (SDIs)

€m (unless otherwise stated)

Q3 2026

Q3 2025

9m 2026

9m 2025

ERP

(3.6)

(3.2)

(9.4)

(10.5)

Organisational

(3.1)

(5.8)

(7.1)

(9.4)

M&A1

(1.7)

(4.1)

0.1

(4.7)

Rebranding2

(3.2)

(1.2)

(19.9)

(1.5)

Other3

(4.1)

(5.4)

(13.8)

(15.6)

Total affecting EBITDA (excl. IPO)

(15.7)

(19.7)

(50.1)

(41.7)

IPO4

–

(37.0)

(12.7)

(41.9)

Total affecting EBITDA

(15.7)

(56.7)

(62.8)

(83.6)

Share-based compensation5

(35.1)

–

(86.3)

–

Amortisation of acquisition related items6

(108.3)

(111.8)

(331.0)

(353.8)

Total affecting EBIT

(159.1)

(168.5)

(480.1)

(437.4)

Revaluation effects and other financial items

48.3

(7.0)

77.2

(44.5)

Total affecting Profit or (loss) before tax

(110.8)

(175.5)

(402.9)

(481.9)

Tax impact6

19.1

38.3

82.4

107.7

Total affecting Net profit or (loss)

(91.7)

(137.2)

(320.5)

(374.2)

1) YTD figure includes a €4.9m gain on disposal of minority interest investment.

2) In 2026, the Group incurred costs for programme management and technology updates, related to the rebranding from Securitas Direct to Verisure in Spain and Portugal.

3) Includes an expense of €1.2m in Q3 2026 and €6.6m YTD 2026 for a historic technology royalty claim from a supplier, as well as related legal costs. The claim relates to the period from 2021 to the current period. Other also includes a provision of €3.0m in Q3 2026 and YTD 2026 related to a voluntary disclosure to settle historical employment tax governance and compliance matters covering a period of six previously closed tax years in one of our tax jurisdictions.

4) Includes expenses related to IPO-related bonuses, with employee retention performance conditions, that was paid in April 2026.

5) Refer to note 5 ‘Share-based compensation’ for more details.

6) Depreciation, amortisation and asset retirements includes €14.7m QTD (€11.6m in 2025) and €44.3m YTD (€53.6m in 2025) of amortisation on capitalised variable sales cost commissions recorded on the balance sheet prior to the 2020 Business Combination. As these costs would have been amortised as an operating cost absent the 2020 Business Combination, it is considered more appropriate to include these assets’ amortisation in Adjusted EBIT and not as an acquisition-related SDI. We have therefore added back this amortisation to our adjusted depreciation and amortisation charge with a consequent reduction in Adjusted EBIT. The corresponding tax impact is €2.1m QTD 2026 (€1.8m in 2025) and €6.5m YTD 2026 (€10.0m in 2025). See below for more details on amortisation of acquisition related items.

Reconciliation of the depreciation, amortisation and asset retirement charge

The below presents a bridge between reported depreciation, amortisation and asset retirements and adjusted depreciation, amortisation and asset retirements with the main reconciliation item being amortisation from historical business combinations.

€m (unless otherwise stated)

Q3 2026

Q3 2025

9m 2026

9m 2025

Reported depreciation, amortisation and asset retirements

311.8

304.1

928.6

924.3

  Adjustment of amortisation of acquisition related items

  Customer portfolio – Acquired intangibles

103.5

102.0

316.6

324.5

  Technology rights

–

5.6

–

16.8

  Trademarks

4.8

4.2

14.4

12.5

Total adjustment of amortisation of acquisition related items

108.3

111.8

331.0

353.8

Adjusted depreciation, amortisation and asset retirements

203.5

192.3

597.6

570.5

Net debt and LTM net leverage

€m (unless otherwise stated)

Sep 2026

Sep 2025

Long-term borrowings

4,976.7

6,954.2

Short-term borrowings

275.2

1,108.4

Less adjustments to amortised cost

37.8

42.0

Less qualified receivables financing

(260.2)

(249.6)

Less accrued interest

(45.2)

(58.4)

Total indebtedness

4,984.3

7,796.6

Less cash and cash equivalents

(31.4)

(23.1)

Total net debt

4,952.9

7,773.5

Adjusted EBITDA (LTM)1

1,849.1

1,669.2

LTM net leverage, ratio

2.7x

4.7x

1) Adjusted EBITDA (LTM) represents the sum of the last twelve months Adjusted EBITDA.

About Verisure

Verisure is the global leader in professionally monitored security services by customers served.

Every day, our dedicated teams use leading technology to Deter, Detect, Verify and Intervene to protect ~6.5 million families and small businesses from intruders, fire, and health emergencies across 18 countries.

With over 35 years of insights, experience and innovation, Verisure is known for category-creating marketing, sales excellence, innovative products and services, and customer-centricity.

Our mission is to give our customers peace of mind by protecting what matters most to them. We believe that everyone has the right to feel safe and secure.

Thanks to a strong focus on high-quality service, we aim to have the most satisfied and loyal portfolio of customers in the industry. We estimate that we have some of the strongest growth and retention rates globally in consumer-facing services, which demonstrates our commitment to exceptional service levels and strong value proposition for our customers.

For more information: www.verisure.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/verisure-plc/r/verisure-q3-2026-results,c4418856

The following files are available for download:

 

View original content:https://www.prnewswire.co.uk/news-releases/verisure-q3-2026-results-302927576.html

Related Topics:
Continue Reading

Technology

Manufacturo Partners with Mach Industries to Power the Next Generation of Defense Manufacturing

Published

40 minutes ago

on

November 3, 2026

By

BREA, Calif., Nov. 3, 2026 /PRNewswire/ — Scaling five defense platforms from development into production requires a manufacturing operation that can grow just as quickly. Mach Industries, a defense manufacturer building advanced unmanned systems for modern defense, uses the manufacturing management platform from Manufacturo, a manufacturing software company, to manage traceable, compliance-ready workflows as production expands.

Mach Industries, headquartered in Huntington Beach, California, is dedicated to advancing national security interests and supporting U.S. and allied readiness amid global competition. The company has taken five products from concept to flight since the inception of the partnership, most recently delivering an autonomous strike aircraft from concept to first flight in 71 days. Sustaining that pace at production scale requires a digital backbone that can enforce structured, traceable processes without becoming a bottleneck.

“For a defense startup moving as fast as we are, the manufacturing system must move just as fast. We needed a platform that could scale with us, from first builds through full production,” said Tyler Pancake, VP of Manufacturing, Mach Industries. “It has to deliver the traceability and controls that defense programs require. Manufacturo gives us that foundation without forcing us to choose between speed and rigor.”

With Manufacturo, Mach centralizes digital work instructions, monitors real-time shopfloor activity, and maintains quality and traceability across every build. The platform enables rapid iteration for engineers and production teams, supporting the kind of agile development cycle that defense hardware at this scale demands.

The transition from manual to scan-driven and work-order-controlled WIP tracking resulted in end-to-end WIP visibility and eliminated “lost in factory” scenarios. With real-time consumption introduced into the system, inventory accuracy improved by 20% to 40% (depending on the area). Last but not least, thanks to the MRP + MES closed loop, overproduction in manufacturing was reduced almost completely—to circa 1%.

“Mach is building an entirely new category of defense capability, and that requires a production system that can evolve alongside the technology. Our platform gives their teams the structure to execute with precision while preserving the flexibility to move fast. We’re proud to support their path from prototype to program of record,” said Kenzo Takai, COO, Manufacturo.

About Mach Industries 
Mach Industries is a defense manufacturing company headquartered in Huntington Beach, California, that develops advanced unmanned systems and the industrial capacity required to produce them at scale. Through a deeply vertically integrated, hardware-first approach, the company rapidly designs, builds, tests, and fields defense systems while advancing manufacturing, testing, and supply chain capabilities that support both its own programs and the broader defense industrial base. Through Mach Propulsion and Mach Energetics, the company develops and produces jet engines, solid rocket motors and energetic systems, and serves external customers as a component and subsystem provider for booster, sustainer, and unmanned aerial platforms. Mach Industries delivers the speed, adaptability, and resilience needed to preserve the allied edge in an increasingly contested world. For more information, please visit machindustries.com and follow on LinkedIn and X. Media contact: press@machindustries.com

About Manufacturo 
Manufacturo provides a unified manufacturing management platform for high-complexity, high-change manufacturing, bringing production, supply chain, and quality together in one system. Built by a team with decades of hands-on experience in complex manufacturing, including SpaceX, it supports companies shaping the future of new space, aerospace, defense, and new energy, such as Relativity Space, Sierra Space, ICEYE, SES, Boom Supersonic, Hermeus, Antora, and more. Manufacturo has offices in Brea (CA), USA; Kraków, Poland; and Tokyo, Japan. For more information and an interactive demo, please visit manufacturo.com and follow on LinkedIn and X. Media contact: info@manufacturo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/manufacturo-partners-with-mach-industries-to-power-the-next-generation-of-defense-manufacturing-302927899.html

SOURCE Manufacturo, Inc.

Continue Reading

Technology

Sandler Partners Announces 2026 Channel Manager and Executive of the Year Award Recipients

Published

40 minutes ago

on

November 3, 2026

By

Top Independent Technology Distributor Sandler Partners’ 2026 National Summit Concludes with Awards Recognizing Top Industry Professionals and Organizations at its Closing Gala & Dinner.

REDONDO BEACH, Calif., Nov. 3, 2026 /PRNewswire/ — Provider Channel Managers and a Channel Executive received recognition at the 2026 Sandler Partners National Summit in San Diego, California. This year’s event brought together more than 1,100 members of the Sandler Partners community for a mix of educational panels, a keynote, and sessions across the Technology, Sales, and Growth tracks. Attendees also connected with 65+ leading technology Providers in the Exhibit Hall, making it a week of both recognition and opportunity.

Sandler Partners congratulates the following award winners:

Channel Executive of the Year Award Recipient: 

Chad Townes, AT&T

National Channel Manager of the Year Award Recipients:

Kevin Bednarz, GraniteStevie Heap, Comcast Business Patrick Cupp, CallTowerJennifer Rutherford, ZayoSarah Manley, AT&TBrett Harman, AT&TNikki Beck, FrontMatt Winterburn, Lumen

East Region Channel Manager of the Year Award Recipients:

New England | Kyle Michaels, VonageNew York/New Jersey | Tom Mezzapella, Comcast Business Mid-Atlantic | Connor Cook, Comcast BusinessGeorgia & The Carolinas | Kristina Pagano, Five9Florida | Henry Cruz, Telesystem

Midwest Region Channel Manager of the Year Award Recipients:

Great Lakes | Sarah Macdonald, Five9Central | Peter Gasparro, ZultysMidwest | Kirsten Bonnesen, AT&TMountain | Mark Merritt III, SpectrumMountain | Nicole Brungardt, Comcast BusinessPacific Northwest | Chris Risse, Comcast Business

Southwest Region Channel Manager of the Year Award Recipients:

Southwest | Kelsey Laycock, TierPointSouthwest | Kaycee Mikeska , NHC

West Region Channel Manager of the Year Award Recipients:

SoCal | Yvette Bratt, BroadvoiceNorCal | Brad Pepper, GTTAZ/NV/UT | Max Howell, NHC

“Channel Managers are often the first point of contact for our Partners,” says Managing Partner Alan Sandler. “What sets them apart is how much they care about the outcomes they help create. You see it in the extra effort, the collaboration, and the drive to find the right solution for every customer. This year’s winners work side by side with our Partners to build trust, solve problems, and make the experience better from start to finish. That’s what the Sandler Partners community is all about.”

This year’s National Summit also featured The Surfrider Foundation as Sandler Partners’ designated charity partner, with an on-site exhibit sharing their mission to protect the world’s oceans and coastlines—and ways for attendees to get involved through personal action and support.

About Sandler Partners
Sandler Partners helps empower its network of leading independent Sales Partners to deliver a comprehensive range of technology solutions to organizations worldwide, including Cybersecurity, Artificial Intelligence (AI), Connectivity, Cloud, Colocation, Mobility, Internet of Things (IoT), and Continuity. Its community-focused approach enables Partners to identify the right solutions for customers quickly and objectively from a diverse portfolio of 220+ Providers. Partner sales agents, VARs, and MSPs gain access to an innovative suite of sales tools within the Sandler Portal—including SCOUT, Solutions Finder, Scout for Solutions, and the Marketing Center—several of which are AI-powered, all backed by a robust support network, dedicated Sales Engineering expertise, and rich marketing resources. Together, these tools and resources empower Partners to focus on what they do best: delivering quality, value, performance, innovative solutions, unmatched expertise, and exceptional service to their clients. Members of the Sandler Partners community also benefit from the industry’s strongest negotiated agreements and a dedicated team committed to ensuring commissions are accurately identified, tracked, and paid. For more information, visit www.sandlerpartners.com.

Sandler Partners – Media Contact

Tina S. Dyksterhouse

tina@sandlerpartners.com

310-861-2295

View original content to download multimedia:https://www.prnewswire.com/news-releases/sandler-partners-announces-2026-channel-manager-and-executive-of-the-year-award-recipients-302927496.html

SOURCE Sandler Partners

Continue Reading

Technology

Rockford Fosgate to Debut TMA Adaptive Amplifiers, The Rockford Fosgate App and New RV Speaker Category at 2026 SEMA Show

Published

40 minutes ago

on

November 3, 2026

By

New TMA Power Amplifiers, Rockford Fosgate App and Adventure Series RV speakers headline a wide-ranging slate of automotive, off-road and marine launches.

TEMPE, Ariz., Nov. 3, 2026 /PRNewswire/ — Rockford Fosgate will bring a major slate of new audio products to the 2026 SEMA Show, led by its TMA Adaptive Power Series Amplifiers, the Rockford Fosgate app and the brand’s entry into purpose-built RV speakers with its new Adventure Series Speakers. The launches bring together powerful performance, simplified tuning and rugged, installation-focused design for life on the road, trail and water.

Rockford Fosgate to Debut TMA Adaptive Amplifiers, Rockford Fosgate App and New RV Speaker Category

Power Redefined: TMA Adaptive Amplifiers
Leading the 2026 product introductions is the all-new TMA Adaptive Amplifier Series, engineered to redefine how power, performance, and control come together. Designed to adapt across automotive, marine, powersports, and other custom audio applications, TMA delivers unmatched versatility with the highest power-to-size density in Rockford Fosgate history. The lineup includes four models: the 600-watt TMA-600X4, 750-watt TMA-750X6, 1,000-watt TMA-1000X1, and 1,200-watt TMA-1200X5. Each combines powerful output with advanced adaptive technology, patented Constant Power 2.0™, and rugged IPX7-rated Element Ready™ construction to deliver exceptional performance across a wide range of installations and environments.

More than just amplification, TMA serves as the foundation of the Rockford Fosgate connected audio ecosystem. With integrated digital signal processing, Bluetooth® connectivity, and RF Link 2.0 technology, TMA amplifiers are designed to work together as one intelligent, expandable system. From a single-amplifier installation to a complex multi-amplifier setup, RF Link 2.0 allows users to connect up to four TMA amplifiers within a network of up to 16 compatible devices, simplifying system integration while providing the flexibility to expand as audio needs evolve.

At the center of the experience is the Rockford Fosgate app, putting advanced system tuning and control directly in the user’s hands. Through an intuitive smartphone interface, users can configure and optimize their system with precise control over gain, crossovers, time alignment, 32-band parametric EQ, and Punch EQ+. Guided C.L.E.A.N. 2.0 calibration and available vehicle-specific Load + Go Tunes further simplify setup, while connected diagnostics, saved presets, and firmware updates provide ongoing control and customization. Together, TMA, RF Link 2.0, and the Rockford Fosgate app introduce a new level of adaptability, scalability, and intelligent performance to the Rockford Fosgate audio experience.

Connected Sound: Rockford Fosgate App and RF Link 2.0
The app brings compatible Rockford Fosgate devices together in one interface for setup, personalization and ongoing system management. Users can access Load + Go vehicle-specific tunes on supported kits, save and recall presets, protect settings with a four-digit PIN, review supported system diagnostics and install compatible firmware updates. Available for iOS and Android, the app can manage an RF Link 2.0 network through a single Bluetooth Low Energy connection, without requiring an account for initial setup or tuning.

Powering that experience is RF Link 2.0, Rockford Fosgate’s new connected-audio network. It supports up to 16 compatible devices, including as many as four TMA amplifiers, and lets connected products communicate as one system. New bidirectional RF Link cables streamline installation by carrying data, power, ground and turn-on signals in a single connection. The DRLC-10 Digital Remote Level Controller expands physical control with a 40-step rotary interface, customizable RGB illumination and multiple mounting options.

Adventure Series Opens a New RV Speaker Category
Rockford Fosgate is also expanding into dedicated RV audio with its 6.5-inch Adventure Series speakers, purpose-built for the demands of recreational vehicles. Rather than adapting a conventional car speaker, the new design accounts for RV wall construction, exposed locations and the need for an integrated look inside and outside the coach.

Available in black or white, the speakers fit both 5.25-inch and 6.5-inch openings, with a shallow 1.25-inch mounting depth that minimizes installation challenges. A compression-style rear gasket helps seal against flat or corrugated surfaces, while the UV-stable frame and grille, Santoprene surround and Element Ready™ construction are engineered to handle moisture, dust, UV exposure and vibration. Each speaker pairs a 6.5-inch driver with a grille-integrated 1-inch tweeter and concealed crossover, delivering 50 watts RMS power handling and a clean, OEM-style appearance.

Additional SEMA Launches Span Off-Road, Marine and Automotive
New vehicle-specific Stage-6 systems bring TMA power and app-based tuning to select side-by-sides. The new Can-Am Maverick R Stage-6 system for select 2024-and-newer models is a 1,200-watt, eight-speaker package with dual 10-inch subwoofers, Color Optix™ lighting and Rockford Fosgate’s first aftermarket side-by-side front-door speaker pods. For select 2020-and-newer Polaris RZR PRO models with Ride Command, the RZR20PRORC-STG6 delivers a 1,200-watt, seven-speaker system with a 10-inch subwoofer and vehicle-specific integration.

For marine audio, the PMX-6BB hide-away digital media receiver provides independent dual-zone control and NMEA 2000 connectivity for compatible multifunction displays. The PMX-HTML MFD Controller adds an Ethernet-based interface for compatible HTML5 multifunction displays, bringing source selection, volume, playback, album artwork and audio settings to the vessel’s screen when paired with supported PMX source units.

Rounding out the introductions are updated Prime coaxial and Prime component speaker families. With 50-watt RMS power handling and installation-friendly designs, the lineups offer straightforward ways to upgrade everyday vehicle audio, including vehicle-friendly coaxial mounting and flexible placement of separate component tweeters.

“We’re not just launching new products. We’re building a connected Rockford Fosgate ecosystem that redefines how customers experience audio,” said Zach Luke, President, Rockford Fosgate. “By bringing together powerful technology, intuitive app-based control, and expansion into exciting new categories like RV audio, we’re creating more ways for people to experience Rockford Fosgate performance. This is about pushing beyond traditional boundaries, and delivering an experience that grows with our customers, wherever their adventure takes them”

For more information visit: rockfordfosgate.com or visit an authorized dealer.

About Rockford Fosgate
Setting the standard for excellence in the audio industry, Rockford Corporation markets high-performance audio systems under the brand Rockford Fosgate® for the mobile, marine, motorsport, and motorcycle audio aftermarket and OEM market. Headquartered in Tempe, Ariz., Rockford Corporation is a wholly owned subsidiary of Patrick Industries, Inc. (NASDAQ: PATK).

View original content to download multimedia:https://www.prnewswire.com/news-releases/rockford-fosgate-to-debut-tma-adaptive-amplifiers-the-rockford-fosgate-app-and-new-rv-speaker-category-at-2026-sema-show-302927360.html

SOURCE Rockford Fosgate

Continue Reading

Trending