- CEO
- Juha Pekka Varelius
- Full Time Employees
- 1,136
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Miestentie 7 Espoo UU Finland 02150
- IPO Date
- May 2, 2016
- Business
- Qt Group Oyj (Nasdaq Helsinki: QTCOM) is a Finland-based software company that provides cross-platform solutions for the entire software development lifecycle, including UI design, development, quality assurance, testing, and deployment tools. Founded in 1995 and headquartered in Espoo, Finland, the company offers its flagship Qt Framework, a multi-platform C++ graphical user interface library supporting desktop, mobile, embedded, and web applications; Qt Creator, a cross-platform integrated development environment; Qt Design Studio for turning design visions into production-ready UIs; quality assurance tools such as Squish for automated GUI testing, Coco for code coverage analysis, Test Center for test result management, and Axivion Suite for static code analysis and architecture verification; Qt for Application Development, Qt for Automation, and Qt for Device Creation; as well as professional consulting services and licensing for end products. Qt Group serves customers across more than 70 industries, including automotive, industrial automation, consumer electronics, medical devices, aerospace, and IoT, with operations in over 180 countries and major markets in Europe, North America, and Asia-Pacific; it employs approximately 869 people globally, with key R&D centers in Oslo, Norway, Berlin and Oulu, Germany and Finland, respectively, and offices in China, France, India, Japan, South Korea, and the US. In recent developments, Qt Group completed the acquisition of I.A.R. Systems Group AB in October 2025 through a recommended public cash offer valued at approximately EUR 204 million, enhancing its embedded development capabilities, expanding its total addressable market in microcontrollers and functional safety solutions, and supporting a shift to subscription-based models; earlier acquisitions include Froglogic in 2021 for test automation tools and Axivion in 2022 for static analysis expertise, with no major deals in 2024 but new partnerships announced such as with Infineon for graphics-enabled microcontrollers and Qualcomm Technologies; the company also issued EUR 15 million in bonds recently for debt refinancing and projects 15-25% revenue growth for 2025, building on 2024 net sales of EUR 209.1 million.