#Sweden #financial results #Truecaller #Stockholm #Rishit Jhunjhunwalam

Truecaller Announces Preliminary Q3 2026 Financial Results

On October 19, 2026, Truecaller released its preliminary and unaudited financial outcomes for the third quarter of 2026. The detailed interim report is slated for release on November 3, 2026, and will be accompanied by a webcast for stakeholders.

Key Financial Figures

For Q3 2026, Truecaller's total net sales are projected to reach SEK 464 million, reflecting a 3% growth in constant currency compared to the same period last year, and an impressive 18% increase from Q2 2026. Ad revenues, however, are anticipated at SEK 245.6 million, indicating a 12% decline year-over-year (YoY) in constant currencies yet a significant 23% improvement from the prior quarter. Premium revenues are showing a strong upward trend, expected to be SEK 127.1 million, marking a 32% rise YoY.

Truecaller for Business also contributed positively with revenues forecasted at SEK 85.1 million, representing a 14% growth compared to the previous year.

Performance Metrics

• - EBITDA: Excluding non-recurring items related to the TextPlus acquisition, EBITDA is predicted to be SEK 147.6 million, which is a slight decrease of 6% YoY in constant currencies but a notable increase of 68% from the preceding quarter.
• - EBITDA Margin: The preliminary EBITDA margin is reported as 31.8%, down from 34.7% YoY but excluding incentive costs, it's expected to rise to 37.4% from 39.8% in the previous year.

User Growth and Market Dynamics

Despite the challenges, Truecaller noted a steady growth in its user base. The average non-iOS monthly active users (MAU) reached 476.2 million, reflecting an increase of 34.5 million compared to last year and 5.2 million from Q2 2026. The daily active user (DAU) figures also showed parallel growth trends, suggesting an engaged user community.

CEO's Insights

Rishit Jhunjhunwalam, Truecaller’s CEO, provided a positive outlook during the release, stating, "In Q3, we observed a favorable momentum with growth across all three revenue streams compared to the previous quarter. Net sales are back on an upward trajectory year-over-year in local currency, and our profitability has also improved. Although user growth has slowed compared to past trends, our emphasis on enhancing monetization will enable us to tap into the increasing demand in emerging markets."

The transition to a proprietary ad platform and the gradual improvement in revenue streams for Truecaller For Business were also highlighted as key strategies for sustaining growth. Workloads for business messaging services have reportedly exceeded last year's volume, reflecting a successful move to a multi-partner model.

Conclusion

Truecaller continues to navigate market challenges with resilience, as evidenced by their financial metrics for Q3 2026. With a focus on monetization and strategic growth initiatives, the company is optimistic about sustaining its performance and expanding its market reach in the upcoming quarters. The formal financial statements are awaited in early November, which will provide deeper insights into the company's performance during this period.