AutoStore: Q3 2025 financial results

06 Nov 2025 06:00 CET

· Order intake of USD 152.4 million, stable QoQ and +5.9%% YoY

· Revenue of USD 139.0 million, +3.7% QoQ and -3.6% YoY

· Gross margin of 73.1%, +4.3 p.p. QoQ and -0.4 p.p. YoY. Q2 was impacted by
one-time inventory write-down

· Adj. EBITDA margin of 47.1%, -0.5 p.p. QoQ and +0.3 p.p. YoY

(Nedre Vats, November 6, 2025): AutoStore Holdings Ltd. (AutoStore, OSE:AUTO), a
robot technology company that invented and continues to pioneer cube storage
automation, today released its quarterly update for the quarter ending September
30, 2025.

In Q3 2025, AutoStore delivered USD 139.0 million in revenue, maintaining the
stable sequential trend from Q2.

Order intake reached USD 152.4 million, sequentially stable, and bringing the
backlog to USD 542.5 million.

In October, AutoStore unveiled one of its most comprehensive product releases to
date. The Fall 2025 launch introduces seven new products and features that
expand system capabilities and simplify deployment. Developed in close
collaboration with customers and partners, these innovations address real-world
challenges and unlock new markets. Highlights include AutoCase, which unifies
case and piece handling, and FlexBins, enabling mixed bin sizes to boost storage
density by up to 15%. Together, these advancements strengthen AutoStore's
position as the preferred automation provider for businesses seeking
flexibility, efficiency, and scalability.

"With stable order intake and revenue trends, strong profitability and cash
flow, AutoStore continues to demonstrate the resilience of its business model
and sustained demand for its solutions. We remain focused on executing our
growth strategy, and the Fall 2025 product launch is a clear example of how we
innovate to improve our offering and broaden our addressable market", said CEO,
Mats Hovland Vikse.

Key financials

[][][][][]
Third quarter
USD million 2025 2024 ? in %
Revenue             139.0             144.2 -3.6 %
Gross profit             101.7             106.0 -4.1 %
Gross margin 73.1 % 73.5 % -0.4 p.p.
EBIT               48.6               54.0 -9.8 %
Adjusted               65.5               67.5 -2.9 %
EBITDA[1]
Adjusted 47.1 % 46.8 % 0.3 p.p.
EBITDA
margin[1] (%)
Adjusted               53.8               59.1 -8.8 %
EBIT[1]
Adjusted EBIT 38.7 % 40.9 % -2.2 p.p.
margin[1] (%)
Cash flow 75.9 % 82.4 % -6.5 p.p.
conversion[1]
Order intake             152.4             143.9 5.9 %

[1 ]Alternative performance measures used in this release are described and
presented in the section Alternative Performance Measures in the quarterly
report.

For further information, please contact:

Hiva Flåskjer, SVP Investor Relations, AutoStore AS Telephone: +47 958 66 790 I
hiva.flaskjer@autostoresystem.com

About AutoStore | www.autostoresystem.com

AutoStoreT, founded in 1996, is a technology company that develops order
-fulfillment solutions to help businesses achieve efficiency gains within the
storage and retrieval of goods. The company offers both hardware and software
capabilities and the AutoStore technology is interoperable with other third
-party solutions.

AutoStore is global, with ~1,850 Systems in 63 countries. All sales are
distributed, designed, installed, and serviced by a network of qualified system
integrators referred to as "partners".

AutoStore was founded in Nedre Vats, on the west coast of Norway. The company
has offices in Norway, the U.S., UK, Germany, France, Spain, Italy, Austria,
South Korea, Japan, Australia, and Singapore, as well as assembly facilities in
Poland and Thailand.

More information:
Access the news on Oslo Bors NewsWeb site

658848_AutoStore_Q3_2025_Press_release.pdf
658848_AutoStore_Q3_2025_Presentation.pdf
658848_Quarterly_Report_Q3_2025.pdf