Period 1st July to 30th September 2025 (Growth rates shown in constant currency ("cc") unless otherwise stated)
In Q3, Verisure delivered another strong operating and financial performance.
• New installations +214k, +5.2% y/y.
• ARR €3,292m, +10.2% y/y.
• Adjusted EBIT €250m, +17.1% growth y/y.
• Adjusted EBIT margin 26.8%, up 165bps y/y.
Verisure remains on track to deliver against our mid-term guidance.
• 2025 ARR outlook above 12% - above 10% organic growth plus around 2% from acquisition in Mexico.
• Full year 2025 Adjusted EBIT expected at €940-950m.
• Successful €3.4bn re-financing with pricing ahead of expectations, alongside three-notch rating upgrade from Moody's (to Ba1) & S&P Global (to BB+).
• Debt reduced by over €2.7bn following IPO completion; proforma leverage confirmed at 3.0x.
• Acquisition in Mexico complete end October, adding around 125,000 high-quality customers.
• Cost transformation plans well on track - good progress on first-time resolution, digital solutions and introduction of AI-based tools.
Third Quarter | Year-to-date | |||||||
All figures €'m unless stated | Q3 2025 | Q3 2024 | y/y | y/y cc | 9m 2025 | 9m 2024 | y/y | y/y cc |
Annualised Recurring Revenue (ARR) | 3,291.8 | 3,003.4 | 9.6% | 10.2% | 3,320.6 | 3,015.2 | 10.1% | 10.7% |
Revenue | 933.0 | 854.3 | 9.2% | 9.9% | 2,780.7 | 2,537.8 | 9.6% | 10.2% |
Adjusted EBITDA | 442.6 | 396.5 | 11.6% | 11.6% | 1,287.4 | 1,152.2 | 11.7% | 11.7% |
Adjusted EBIT | 250.3 | 212.6 | 17.7% | 17.1% | 716.9 | 623.5 | 15.0% | 14.3% |
Adjusted EBIT Margin | 26.8% | 24.9% | +194 bps | +165bps | 25.8% | 24.6% | +121 bps | +94 bps |
Adjusted EPS, basic - Proforma | €0.09 | €0.07 | 17.8% | 20.7% | €0.23 | €0.18 | 28.6% | 36.4% |
CEO Austin Lally commented: "In the third quarter 214,000 new families and small businesses placed their trust in us to protect what matters most. As we closed Q3, our customer portfolio was over 5.9m, up 8% year over year. The recent completion of our acquisition in Mexico takes total customers past 6m, and we are now market leader in 14 of our 18 markets.
We see significant growth opportunities ahead. Our tried and tested playbook continues to strengthen our competitive advantage, and we are consistently increasing our market share.
Following the successful completion of our IPO, we've made a strong start to public market life. We look forward with confidence as we compound portfolio growth and margin enhancement."
Outlook
• We remain confident in our medium-term outlook as we continue to compound growth against the backdrop of a large, growing addressable market.
• We expect 2025 ARR above 12% (above 10% organic plus around 2% acquisition in Mexico) and Adjusted EBIT of €940-950m.
• We remain on track to deliver our mid-term guidance of ~10% ARR growth and progressive expansion in our Adjusted EBIT margin to 30% over the long term.
Communication in conjunction with the Q3 report
Austin Lally, CEO and Colin Smith, CFO will host a call on Verisure's Q3 2025 results for media, investors and analysts at 10 a.m. CET on 26 November 2025. The presentation will be held in English and followed by a Q&A session.
Verisure Q3 2025 Earnings Call:Wednesday 26th November, 10am CET
Conference Call Details
- Webcast:https://verisure.videosync.fi/2025-11-26-q3-2025
- Q3 2025 Materials: Investors | Verisure
Further Information
- Investor Relations: Kate Stewart / +44 7900 191093/ ir@verisure.com
- Media: Srebrenka Hanak /+41 7928 46360 / ??pressrelations@verisure.com
This is information that Verisure plc is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above at 8am CET on 26 November 2025.
About Verisure
Verisure is the leading provider of professionally monitored security services with 24/7 response in Europe and Latin America.
Every day, our dedicated teams use leading technology to Deter, Detect, Verify and Intervene to protect over 6 million families and small businesses from intruders, fire, and health emergencies across 18 countries.
With over 35 years of insights, experience and innovation, Verisure is known for category-creating marketing, sales excellence, innovative products and services, and customer-centricity.
Our mission is to give our customers peace of mind by protecting what matters most to them. We believe that everyone has the right to feel safe and secure.
Thanks to a strong focus on high quality service, we aim to have the most satisfied and loyal portfolio of customers in the industry. We estimate that we have some of the strongest growth and retention rates globally in consumer-facing services, which demonstrates our commitment to exceptional service levels and strong value proposition to our customers.
For more information visit www.verisure.com