Verimatrix Q3 revenue up 20%
October 27, 2026



Verimatrix, a provider of user-centric security solutions, has announced its Q3 2026 results. Following the divestiture of the Extended Threat Defense (XTD) product line in February 2026, the figures are presented on an Anti-Piracy scope; 2025 comparatives have been restated accordingly.

Anti-Piracy activity returned to growth in Q3 2026, with revenue up 20 per cent to $10.4 million (€9.3m), compared with $8.7 million in Q3 2025. This reflects growth in non-recurring revenue (+73 per cent to $3.2 million), driven by licence sales ($1.7 million vs. $0.4 million in Q3 2025), and in recurring revenue (+5 per cent to $7.2 million), supported by subscriptions (+5 per cent) and maintenance (+7 per cent). Latin America and Asia-Pacific grew strongly in the quarter. Over nine months, Anti-Piracy revenue amounted to $31.6 million, a limited decline of 3 per cent (compared with -11 per cent in the first half).


As a result of the transformation plan undertaken by the Group, recurring subscription revenue represents 54 per cent of recurring revenue in Q3 (55 per cent over nine months), compared with 55 per cent in Q3 2025 (51 per cent over nine months in 2025), i.e., stable over the quarter and up over nine months.

“Verimatrix delivered a standout third quarter: revenue grew 20 per cent to $10.4 million, with every region contributing and new and existing customers alike adopting more of our solutions. Subscription ARR is up 13 per cent year on year to $16.6 million, and total ARR has now grown for three consecutive quarters. We have cut the nine-month gap from -11 per cent at the half-year to just -3 per cent, and we are entering the final quarter with strong momentum. Our refocus on Anti-Piracy, our partnership with Kaltura and a leaner cost structure are delivering, and we confirm our 2026 outlook,” commented Laurent Dechaux, Verimatrix CEO.