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Cherry SE Reports Q1 2026 Preliminary Earnings

Cherry SE has announced its preliminary financial figures for the first quarter of 2026. The Munich-based company expects consolidated revenue of EUR 20.8 million, reflecting a 17.8% decrease compared to the same quarter in 2025, which was EUR 25.3 million. This decline is attributed to foreign exchange impacts, especially concerning USD and Renminbi, as well as the previous divestment of its hygiene keyboard business.

Despite the drop in revenue, Cherry SE reports an improvement in its adjusted consolidated EBITDA margin, which stands at -2.9%, marking an increase of 5.1 percentage points from Q1 2025's -8.0%. This enhancement in EBITDA margin is due to cost reductions and a better gross margin in the Peripherals segment. The full quarterly statement will be available on May 7, 2026.

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