Atea — Earnings Release 2025

Feb 10, 2026

Atea Q4 2025 financial report and presentation

Atea Q4 2025 financial report and presentation

Atea delivered strong profit growth in the fourth quarter, driven by higher

sales, increased gross margins, and relatively low growth in operating expenses.

Gross sales in Q4 increased by 7.8% to NOK 17.8 billion. Hardware sales grew by

5.4%, software/cloud sales grew by 11.0%, and services sales grew by 7.6% from

last year.

Net revenue (IFRS) grew by 6.1% to NOK 11.3 billion. Gross profit was NOK 3,087

million, up 9.0% from last year. Atea's gross margin was 27.4% in Q4 2025, up

from 26.7% last year, due to an increased hardware margin and a higher

proportion of software/cloud in the revenue mix.

EBIT before restructuring costs grew by 23.7% to NOK 488 million. Restructuring

costs were NOK 8 million, compared with NOK 39 million last year. EBIT after

restructuring costs grew by 35.1% to NOK 480. Net profit after tax grew by 35.7%

to NOK 333 million.

Cash flow from operations was an inflow of NOK 2.0 billion in the fourth quarter

of 2025. Atea had a net cash balance of NOK 975 million at the end of Q4 2025,

as defined by Atea's loan covenants.

For the full year 2025, gross sales were NOK 60.2 billion, up 11.7% from last

year. Net revenue (IFRS) grew by 8.1% to NOK 37.4 billion. EBIT before

restructuring costs grew by 15.4% to NOK 1,385 million. Net profit was NOK 878,

up 14.4% from last year.

Based on higher profit, strong cash flow and a healthy balance sheet, the Board

will propose to the 2026 AGM an increase in the annual dividend to NOK 7.50 per

share. The dividend represents a payout of approximately 95% of Atea's net

profit after tax in 2025.

Atea CEO Steinar Sønsteby commented: "2025 has been an excellent year for Atea,

with high growth rates across all lines of business. Our market position is

stronger than ever, as seen by the large new contracts we have won over the last

year. Our company has also developed its internal capabilities, and we have

taken major steps to enhance our operations in multiple business areas. I would

like to congratulate all of our 8,000-plus employees for a job well done, and

look forward to building on our momentum into the coming year."

The interim report and presentation are available at:

www.atea.com/financial-reports/

A webcast of management's presentation of the financial results is available at:

www.atea.com/financial-reports/2025/webcast-q4-25/

For further information, please contact:

Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655

Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188

About Atea

Atea is the leading supplier of IT infrastructure in the Nordic and Baltic

regions. Atea is present in 88 cities with over 8,000 employees in Norway,

Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers hardware

and software from leading global vendors, and provides consulting and technical

services to support its customers with the design, implementation and operation

of their IT environments. Atea had revenue of approximately NOK 37 billion (EUR

3.2 billion) in 2025 and is listed on Oslo Stock Exchange. www.atea.com