TLDR: IT service provider q.beyond AG announced a significant financial uplift in the second quarter of 2025, with EBITDA increasing by 23% to €2.7 million. This improvement comes despite a slight dip in revenues, attributed to the company’s ‘2025plus Strategy’ prioritizing profitability, enhanced efficiency through AI adoption, and expanded nearshoring and offshoring activities. The company also confirmed its full-year 2025 forecast, anticipating substantially higher EBITDA and positive consolidated net income.
Cologne, Germany – August 11, 2025 – q.beyond AG, a leading IT service provider, has reported a robust financial performance for the second quarter of 2025, demonstrating a significant increase in earnings strength. The company’s EBITDA surged by 23% to €2.7 million in Q2 2025, up from €2.2 million in the same period last year. This growth was achieved despite a slight decrease in revenues, which stood at €44.4 million compared to €47.3 million in Q2 2024.
Operating earnings (EBIT) also saw a notable turnaround, moving from a loss of €1.0 million in Q2 2024 to a profit of €0.2 million in Q2 2025. Consolidated net income reached breakeven at €0.0 million, a substantial improvement from a loss of €0.8 million in the prior year’s second quarter.
For the first half of 2025, q.beyond’s financial figures further underscore its strategic success. Revenues for H1 2025 were €90.8 million (H1 2024: €94.4 million). EBITDA for the half-year increased by €0.9 million to €5.1 million, EBIT improved by €1.9 million to €-0.2 million, and consolidated net income rose by €1.5 million to €-0.4 million.
Nora Wolters, q.beyond’s CFO, commented on the results, stating, “As planned, q.beyond’s efficiency, and thus its earnings strength, is rising steadily and significantly. Our ‘2025plus Strategy’ is proving its worth in very challenging conditions.” Wolters highlighted that the company’s strategic focus in the current volatile climate is on prioritizing profitability over growth, even if it means discontinuing lower-margin revenues in agreement with customers.
A key driver behind the company’s enhanced earnings strength is the increased adoption of artificial intelligence (AI) and the expansion of its nearshoring and offshoring activities. As of June 30, 2025, the proportion of employees working at q.beyond’s international locations in Latvia, Spain, India, and the USA increased to 17%, up from 12% a year earlier. The company also boasts a strong customer retention rate, with 95% of customers extending their contracts, contributing to a high share of recurring revenues at 71% with average contract terms of 48 months.
Financially, q.beyond’s free cash flow rose to €1.1 million, and its net liquidity reached €39.6 million, equivalent to €0.32 per share.
Looking ahead, q.beyond has reaffirmed its full-year forecast for 2025. The company anticipates EBITDA to climb to between €12 million and €15 million, alongside sustainably positive consolidated net income and free cash flow, based on projected revenues of €184 million to €190 million. This forecast is predicated on the assumption that the German economy will emerge from recession later in the year.
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In its medium-term outlook, q.beyond aims to achieve an EBITDA margin of at least 10%, a significant increase from the 6% recorded in Q2 2025. To support this goal and access profitable growth markets, q.beyond made headlines in spring 2025 by becoming one of the first companies in Europe to launch a local and sovereign generative AI platform, ‘Private Enterprise AI,’ further expanding its portfolio of sovereign IT services.
