Quarterly figures: Due to delayed completions – TeamViewer reports another decline in sales and profits

Frankfurt. The reluctance of corporate customers to invest is once again causing problems for Teamviewer. The specialist for remote maintenance software announced a further decline in sales and profits on Tuesday. In addition, the software house lowered its full-year targets. It now expects a decline in sales of one to two percent. The company had previously forecast growth of up to three percent. Teamviewer shares then collapsed by more than 24 percent.

Since taking over the software company 1E, Teamviewer has become more dependent on the US market. 1E offers programs that detect IT problems early and resolve them automatically. The company primarily supplies US authorities or companies that work for government agencies. Teamviewer expects a decline in sales of one to two percent for the current year. The software provider had previously forecast growth of up to three percent. He had already scaled back his goals for 2026 around a year ago.

Company boss Oliver Steil was nevertheless optimistic about the prospects for the coming year and referred to the 13 percent growth in business with major customers. “That’s why we are very confident that we can accelerate growth in 2027 and beyond as customers increasingly drive digitalization and automation of the workplace.”