Qt Group Oyj
QTGPF
Other OTC22.97
USD
+1.65
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Qt Group Oyj
QTGPF
(Other OTC)
Recent
price
22.97
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Qt Group Oyj is a global software company specializing in the development, productization, and licensing of software development tools based on Qt technology. Founded in 1995 and headquartered in Espoo, Finland, the company provides a comprehensive suite of products and services for the entire software development lifecycle, including cross-platform graphical user interface (GUI) frameworks, design tools, integrated development environments, quality assurance solutions, and consulting services. Core products include the Qt Framework, a C++-based multi-platform GUI toolkit; Qt Design Studio for UI design; Qt Creator, an integrated development environment; Qt AI Assistant to enhance developer productivity; and Qt Accelerate, offering industry-grade templates for software-defined products. The company also offers quality assurance tools such as Squish for automated GUI testing, Coco for code coverage analysis, Test Center for test result management, and Axivion’s static code and architecture verification tools. These products serve diverse industries, including automotive, industrial automation, consumer electronics, aviation, medical devices, and micro-mobility, across more than 180 countries globally. Recent strategic developments include the acquisition and integration of IAR Systems to expand the product portfolio in the microcontroller market, a sector expected to grow at approximately 10% annually. The transition of IAR’s licensing model towards software-as-a-service (SaaS) is a key initiative aimed at supporting this growth. Qt Group has been actively expanding its global sales network, increasing its direct sales operations and retailer partnerships in major markets such as the United States, Germany, China, South Korea, and Japan, with an emphasis on embedded systems and automotive sectors. In 2024, Qt Group posted net sales of approximately EUR 209 million and EBIT of EUR 63.2 million, reflecting steady growth driven by both organic expansion and targeted acquisitions. The company continues to focus on capturing market share by enhancing industry-specific solutions and extending its sales network in strategically important sectors, reinforcing its position as a leading provider of software development frameworks and tools worldwide. Qt Group’s business model is largely subscription and license-based, supporting commercial and open source users. It operates primarily in application software development, serving customers ranging from developers to industrial OEMs. The company maintains a strong emphasis on R&D and product innovation, addressing evolving technology needs in user interface design, embedded systems, and quality management across multiple geographic regions including Europe, North America, and the Asia Pacific. Recent public disclosures in late 2025 indicate a revised growth forecast of 3% to 10% for the year, with operating margins projected between 20% and 30%, despite some one-time costs associated with acquisitions. Qt Group’s strategic focus includes enhancing product offerings for automotive and industrial automation markets, expanding the commercial footprint in embedded systems, and progressing the SaaS transition of newly acquired assets to drive future revenue streams. The company employs nearly 900 staff worldwide and remains publicly listed on Nasdaq Helsinki under the ticker QTCOM.
Qt Group Oyj (QTGPF) Q1 2026 Earnings Call Transcript
Qt Group Oyj (QTGPF) Q4 2025 Earnings Call Transcript
Qt Group Oyj (QTGPF) Q3 2025 Earnings Call Transcript
Qt Group Oyj (QTGPF) Q2 2025 Earnings Call Transcript
Qt Group Oyj (QTGPF) Q1 2025 Earnings Call Transcript
Qt Group Oyj (QTGPF) Q4 2024 Earnings Call Transcript
Qt Group Oyj (QTGPF) Q3 2024 Earnings Call Transcript
Qt Group Oyj (QTGPF) Q1 2024 Earnings Call Transcript