Upsales Technology AB (publ) (UPSALE) Earnings Call Transcripts
Upsales Technology AB (publ)'s Latest Earnings Call - June 2, 2026
In the Q2 2026 earnings call for Upsales Technology AB, the company reported a significant leadership transition as Daniel Wikberg steps down as CEO, with Johan Kallblad set to take over. The spin-off of Aira, an AI startup, was completed, allowing Upsales to focus on its core business and showcase its underlying profitability. The company reported a year-on-year growth of 13% in Q1, with pro forma margins approaching 30%, indicating strong operational performance. Management expressed optimism about the future, emphasizing a commitment to customer success and potential M&A opportunities.
Reported metrics
| Metric | Value |
|---|---|
| Q1 Revenue Growth | 13% (beat) |
| Pro Forma Operating Margin | 30% (beat) |
| Run Rate EBITDA | SEK 60 million (inline) |
| Recurring Revenue Percentage | 95% (inline) |
| Share Price Offers | SEK 50 (positive) |
Guidance from management
Management expressed confidence in future growth, with Kallblad focusing on customer success and exploring M&A opportunities. No specific financial guidance was provided for the upcoming quarters.
What management said
All right. So I think we'll open up for some questions. So feel free to use the Q&A button. Okay. So we have a question from Linus. Can you see the question, Johan? Or is it just me?
I don't know. I don't know if that's for me, the M&A question. I could elaborate a little bit on M&A. If you -- is it the one from Linus or the one from Fredrik you were looking at?
What analysts pressed on
Analysts raised questions about the impact of the leadership transition on company strategy and performance. There were concerns regarding how Kallblad's previous experiences would translate into Upsales' operational context.
Main topics on the call
- Leadership Transition — Daniel Wikberg announced his departure as CEO, with Johan Kallblad set to take over after the summer. Wikberg stated, "I think the company is really in a good shape," indicating confidence in the transition.
- Spin-off of Aira — The successful spin-off of Aira was completed, allowing Upsales to focus on its core business. This decision was made to highlight Upsales' underlying profitability, as noted by Wikberg, "the underlying profitability was...
- Revenue Growth — Upsales reported a 13% year-on-year growth in Q1 2026, with pro forma margins nearing 30%. Wikberg highlighted, "we've just seen growth increase every quarter," showcasing a recovery from previous challenges.
- Future Strategy and M&A — Kallblad emphasized a focus on organic growth and potential M&A opportunities, stating, "I do think there could be some opportunities of allocating capital to M&A as well." This indicates a proactive approach to growth.
Read the full Upsales Technology AB (publ) transcript (June 2, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Upsales Technology AB (publ)
Upsales Technology AB (publ) (UPSALE) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on OM and is based in SE. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 18 calls on record spanning April 27, 2022 to July 22, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 18 Upsales Technology AB (publ) earnings call transcripts on record, spanning April 27, 2022 to July 22, 2026. Based on this history, Upsales Technology AB (publ) reports quarterly. The most recent call on file is dated July 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- UPSALE
- Exchange
- OM
- Country
- SE
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 18
- First call
- April 27, 2022
- Most recent
- July 22, 2026
- Reporting cadence
- quarterly
| Quarter | Date | |
|---|---|---|
| Q2 FY2026 | Jul 22, 2026 | Read transcript → |
| Shareholder/Analyst Calls | Jun 2, 2026 | Read transcript → |
| Shareholder/Analyst Calls | May 12, 2026 | Read transcript → |
| Q1 FY2026 | Apr 22, 2026 | Read transcript → |
| Q4 FY2025 | Feb 18, 2026 | Read transcript → |
| Q1 FY2025 | Apr 23, 2025 | Read transcript → |
| Q4 FY2024 | Feb 19, 2025 | Read transcript → |
| Q3 FY2024 | Oct 23, 2024 | Read transcript → |
| Q2 FY2024 | Jul 24, 2024 | Read transcript → |
| Q1 FY2024 | Apr 24, 2024 | Read transcript → |
| Q4 FY2023 | Feb 14, 2024 | Read transcript → |
| Q3 FY2023 | Oct 25, 2023 | Read transcript → |
| Q2 FY2023 | Jul 26, 2023 | Read transcript → |
| Q1 FY2023 | Apr 26, 2023 | Read transcript → |
| Q4 FY2022 | Feb 15, 2023 | Read transcript → |
| Q3 FY2022 | Oct 26, 2022 | Read transcript → |
| Q2 FY2022 | Jul 27, 2022 | Read transcript → |
| Q1 FY2022 | Apr 27, 2022 | Read transcript → |