Adhoc: u-blox AG: u-blox reports third quarter 2025 trading update

u-blox AG / Key word(s): Quarter Results
u-blox reports third quarter 2025 trading update

22-Oct-2025 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

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Thalwil, Switzerland - 22 October 2025 - u-blox (SIX: UBXN), a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies, announces its trading update for the third quarter of 2025.

Following the divestment of the Cellular business, results for 2025 reflect the company's continuing operations, namely the Locate and Short-range businesses. Comparative figures for 2024 have also been adjusted accordingly.

Financial overview
For the first nine months of 2025, u-blox generated revenue of CHF 186.5 million, compared with CHF 157.0 million in the same period of 2024, representing year-on-year growth of 19%. At constant exchange rates, revenue grew by 23%. In the third quarter of 2025, revenue totaled CHF 63.1 million, broadly in line with CHF 63.2 million reported in Q2 2025. At constant exchange rates, revenue increased by 4% quarter on quarter.

EBIT (IFRS) amounted to CHF -11.4 million in the first nine months of 2025, compared to CHF -31.4 million in the same period last year, resulting in an EBIT margin of -6.1% (-20.0% in 9M 2024).

Cash EBIT (adjusted) improved to CHF 6.0 million in 9M 2025, versus CHF -25.7 million in 9M 2024. The adjusted EBIT margin increased to 3.2%, up from -16.4% a year earlier. In Q3 2025, Cash EBIT (adjusted) reached CHF 3.0 million, compared with CHF 2.2 million in Q2 2025.

Outlook
u-blox anticipates market conditions will remain challenging in the near term. The company remains optimistic about its long-term growth prospects, driven by increasing demand for semiconductor solutions across key sectors such as automated and autonomous driving, mobile robotics, and industrial automation.

Guidance for Q4 2025
u-blox expects revenue of CHF 60 - 70 million in the fourth quarter of 2025, and EBIT margin (adjusted)[1] of 0% to 10%.

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[1] Excludes restructuring and Advent takeover-related costs.

For further information, please contact:

Investor Relations
Rafael Duarte
Phone: [phone]
[e-mail]

u-blox (SIX:UBXN) is a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies. We are the pioneers behind high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. With headquarters in Thalwil, Switzerland, and offices across Europe, Asia, and the USA, we are making a global impact. Join us on social media - X, Facebook, LinkedIn, and Instagram - to shape a precise future.
(www.u-blox.com)

Join us on social media - X, Facebook, YouTube, LinkedIn and Instagram.

Disclaimer
This release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.

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End of Inside Information

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Language:	English
Company:	u-blox AG
	Zürcherstrasse 68
	8800 Thalwil
	Switzerland
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.u-blox.com
ISIN:	CH0033361673
Listed:	SIX Swiss Exchange
EQS News ID:	2216260

End of Announcement	EQS News Service

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2216260 22-Oct-2025 CET/CEST