Third quarter 2026 results

TOMTOM’S CHIEF EXECUTIVE OFFICER, MIKE SCHOOFS

“Today, we are announcing organizational changes designed to make TomTom more focused, faster and more scalable. We have reorganized the company around three divisions: Automated Driving, Location Intelligence and Navigation. By reducing management layers and bringing decision-making closer to execution, we will improve our ability to respond quickly to customer needs and accelerate innovation. Unfortunately, these changes will impact approximately 200 roles. We are committed to supporting affected colleagues throughout this transition.

We see significant growth opportunities in automated driving and location intelligence, driven by AI. In automated driving, AI is helping us innovate faster to support higher levels of vehicle automation. In location intelligence, it is making it easier for customers to access and derive insights from location data. Across both markets, customers rely on accurate, continuously updated representations of the physical world that they integrate into their products.

Navigation remains the backbone of TomTom. It is where most of our revenue comes from, and where customers rely on us to deliver high-quality location technology every day. Together, our three divisions build on a shared foundation of maps, location technology and AI capabilities, enabling us to expand our customer base, strengthen our position in growing markets and drive sustainable growth over time.”

OPERATIONAL SUMMARY

• Announced organizational changes impacting approximately 200 roles globally

• Expanded collaboration with Microsoft to make TomTom’s location intelligence available to AI agents built on Microsoft Fabric and Microsoft Foundry

• Launched the TomTom Maps MCP Server in the Claude connector directory

FINANCIAL SUMMARY THIRD QUARTER 2026

• Group revenue decreased by 6% to €129 million (Q3 ’25: €137 million)

• Location Technology revenue decreased by 3% to €115 million (Q3 ’25: €118 million)

• Automotive operational revenue decreased by 19% to €68 million (Q3 ’25: €85 million)

• Operating result of €6 million and an operating margin of 5% (Q3 ’25: €8 million and 6%)

• Net cash of €239 million (Q4 ’25: €263 million)

TOMTOM’S CHIEF FINANCIAL OFFICER, TACO TITULAER

“Third-quarter revenue was in line with our expectations, while operating margin came in above the level we anticipated, reflecting strong cost discipline.

We are updating our 2026 full-year guidance by narrowing the revenue range and increasing our operating margin outlook. The 4% operating margin guidance reflects our stronger performance year to date, as well as lower expected salary costs in Q4 resulting from the organizational realignment announced today. If we exclude the one-off restructuring charge, we expect our operating margin to be around 7%.

For 2027, we reiterate our expectation of Location Technology revenue growth. Supported by increasing gross margins and a more efficient cost base, we are well positioned to deliver profitable growth.”

View the full TomTom third quarter 2026 results press release on our quarterly results website.

About TomTom

Billions of data points. Millions of sources. Thousands of communities.

We are the mapmaker bringing it all together to build the world’s smartest map. We provide location data and technology to drivers, carmakers, businesses and developers. Our application-ready maps, routing, real-time traffic, APIs and SDKs empower the dreamers and doers to move our world forward.

Headquartered in Amsterdam with 3,300 employees around the globe, TomTom has been shaping the future of mobility for over 30 years.

www.tomtom.com

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