EarningsQ2 2026 Earnings Report
MX:4704N Q2 2026 EPS Results
Actual EPS$3.05
Consensus EPS$7.17
Beat/MissMissed by -$4.12
One Year Ago EPS$4.74
MX:4704N Q2 2026 Revenue Results
Actual Revenue$8.50B
Expected Revenue$8.27B
Beat/MissBeat by +$225.75M
YoY Revenue Growth+12.55%
Earnings Announcement Details
QuarterQ2 2026
Date08/13/2026
TimeBefore Open
Conference CallThursday, August 13, 2026
MX:4704N Upcoming Earnings
Trend Micro's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:4704N Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
Balanced: The call presented strong product and ARR momentum (notably Vision One’s 49% ARR growth, 122% NRR, improved retention and clear AI-driven productivity gains) and a defined multi-year strategy toward AI-native cybersecurity leadership. Offsetting this, the company is absorbing sizable near-term investments — particularly cloud/AI consumption, internal AI ramp-up and one-time infrastructure/transition costs — which materially pressured operating income and led to downward revisions to income guidance. Management positioned the cost increases as deliberate, temporary, and targeted to unlock future growth and improved unit economics, with expectations of improvement in the second half, but timing and magnitude of margin recovery remain key uncertainties.Company Guidance
Top-line Growth and Record Quarterly Sales
Company reported highest-ever quarterly net sales with net sales up 13% year-over-year (reported). On a constant-currency basis net sales grew ~3%.
ARR Momentum and Improvement
ARR is improving: company ARR up ~5% YoY (total ARR +$1.7B YoY). Enterprise ARR progression improved from ~4% in the prior quarter to ~6% (company cited ARR growth of 6% at one point) and management expects further improvement in H2.
Vision One — Rapid Adoption and Strong Unit Economics
Vision One ARR reached $615M, up 49% YoY. Net revenue retention (NRR) for Vision One is 122% and gross retention improved from 85% to 87%. Vision One now represents ~45% of Trend ARR and attachment rates and solution depth per customer (avg ~4.2 solutions) continue to rise.
TrendLife and Services Growth
TrendLife ARR grew ~4% YoY with Digital Life Protection ARR up 52%. Managed and professional services revenue accelerated (2,200+ customers, $81M, +27% YoY) and services deployments are correlated with higher solution attachment and retention.
Operational Productivity Gains from AI Investments
Internal AI adoption produced measurable productivity improvements: employee AI adoption doubled, customer delivery times reduced ~50%, R&D update cadence doubled, connector development accelerated to hours (vs months), threat hunting reduced from hours to seconds, and issue resolution ~5x faster.
Strategic Investments in Sovereign AI Infrastructure
Company expanded sovereign/local cloud footprint (new zones in Japan, India, UAE, Germany, Australia; initiating Brazil, South Africa, Indonesia, Canada, U.K.) to address sovereign-AI demand — one-time infrastructure expansion cost noted but expected to unlock future monetization.
Clear Roadmap and ‘Road to 2028’ Intact
Management reaffirmed its multi-year roadmap (Road to 2028) and focus on ARR as the leading indicator; reiterated goal to reach double-digit ARR growth over time while driving operating leverage from AI-native transformation.
MX:4704N Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed