TeamViewer 2Q revenue EUR 190.7 million, +5.5% year-over-year
TeamViewer SE (TMV) reported its second-quarter (Q2) 2025 revenue of EUR 190.7 million, representing a 5.5% increase year-over-year (YoY). The company's earnings call on May 6, 2025, highlighted the financial performance, with the CEO, Oliver Steil, and CFO, Michael Wilkens, discussing the key drivers behind the growth [2].
The revenue growth was driven by several factors, including the continued adoption of TeamViewer's remote connectivity solutions, such as TeamViewer Tensor and TeamViewer Frontline. These products cater to the increasing demand for secure and efficient remote work environments, especially in the wake of the global pandemic [1].
Additionally, the company's acquisition of 1E, a leading provider of Digital Employee Experience (DEX) solutions, has significantly contributed to its growth. The acquisition, valued at $720 million, was completed in December 2024 and has helped TeamViewer expand its portfolio and strengthen its market position in the enterprise software sector [3].
Despite the positive financial performance, TeamViewer's Q2 2025 revenue was slightly lower than the company's initial forecast, which was due to foreign exchange headwinds. The company had previously cited these headwinds as a potential negative impact on its full-year revenue, with a possible negative impact of up to 11 million [4].
Looking ahead, TeamViewer is focused on continuing its growth trajectory through strategic acquisitions, innovation, and expansion into new markets. The company's recognition as a leader in the Gartner Magic Quadrant for Digital Employee Experience Management Tools in 2025 further underscores its leadership in the industry [5].
In summary, TeamViewer's Q2 2025 revenue of EUR 190.7 million, up 5.5% YoY, reflects the company's strong performance in the remote connectivity and digital workplace solutions market. While foreign exchange headwinds posed a slight challenge, the company's strategic initiatives and market leadership position are poised to drive future growth.
References:
[1] https://stockanalysis.com/quote/etr/TMV/
[2] https://seekingalpha.com/news/teamviewer-se-q1-2025-earnings-call-transcript
[3] https://seekingalpha.com/news/teamviewer-ar-2024-q4-earnings-call-transcript
[4] https://reuters.com/business/teamviewer-trims-revenue-forecast-fx-headwinds-2024-11-06
[5] https://www.gartner.com/newsroom/id/4535304
Comments
No comments yet