
Q3 2026 Results
Technogym Investor Relations
Strictly private & confidential
Cesena, Italy - October 28th, 2026
SpeakersCarlo Capelli
Executive Board Director & CFO
Michele Bertacco
Investor Relations Director
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DisclaimerThis presentation is being furnished to you solely for your information and may not be reproduced or redistributed to any other person.
This presentation might contain certain forward-looking statements that reflect the Company's management's current views with respect to future events and financial and operational performance of the Company and its subsidiaries. These forward-looking statements are based on Technogym S.p.A.'s current expectations and projections about future events. Because these forward-looking statements are subject to risks and uncertainties, actual future results or performance may differ materially from those expressed in or implied by these statements due to any number of different factors, many of which are beyond the ability of Technogym S.p.A. to control or estimate. You are cautioned not to place undue reliance on the forward-looking statements contained herein, which are made only as of the date of this presentation. Technogym S.p.A. does not undertake any obligation to publicly release any updates or revisions to any forward-looking statements to reflect events or circumstances after the date of this presentation.
Any reference to past performance or trends or activities of the Technogym Group shall not be taken as a representation or indication that such performance, trends or activities will continue in the future.
This presentation does not constitute an offer to sell or the solicitation of an offer to buy Technogym's securities, nor shall the document form the basis of or be relied on in connection with any contract or investment decision relating thereto or constitute a recommendation regarding the securities of Technogym.
Technogym's securities referred to in this document have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
The Manager in charge of preparing the corporate accounting documents, declares that, pursuant to art. 154-bis, paragraph 2, of the Legislative Decree no. 58 of February 24, 1998, the accounting information contained herein correspond to document results ,books and accounting records.
Some figures related to previous periods were reclassified for a better representation of balance sheet and the profit and loss statements.
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Nerio Alessandri
Technogym Founder and CEO key comments
"Despite international geopolitical tensions - which directly impact business in certain geographical areas and generate, on a global level, substantial cost increases for components, transportation, and energy - during the first nine months of the year, Technogym continues to grow compared to 2025, which had already been a record year for our company.
We are pleased with the ongoing market success of our products. A standout among these is Technogym Checkup, our AI-driven assessment station, which has just received a Special Mention from TIME for the 100 Best Inventions of 2026. This is joined by Sand Stone, the new collection that redefines the standards of healthy longevity, and Technogym Reform, designed to capitalize on the pilates trend, which is currently experiencing massive momentum.
Furthermore, just in these past few days, RUN X has kicked off in approximately 500 centers worldwide-the first world running championship held on our treadmills. This represents an extraordinary opportunity for the industry to attract the running community into clubs, as it is one of the largest and most active sports communities globally.
As previously anticipated during the half-year report, 2026 is a transition year aimed at implementing the necessary changes to achieve the Technogym Vision 2031, ushering in a new era for Technogym: from Wellness to Healthness. This will be a record year in terms of investments to build the Healthness Lab at the Technogym Village and the new production plant in Slovakia, as well as strengthen our most vital asset, the Technogym team.
Looking ahead, the growing interest from both consumers and operators in wellness and healthy longevity makes us confident for the remainder of the year and the start of 2027".
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Q3 2026 NEWSStrictly private & confidential 5
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Q3 2026 TOP LOCATIONSStrictly private & confidential 11
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Lanas Villas - Ibiza, Spain
Q3 2026 REVENUEStrictly private & confidential 25
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Revenue increased +6.9% net of FX
+6.9%
+6.1%
752.0
757.7
708.5
9M 2025 9M 2026 9M 2026 @constant FXStrictly private & confidential
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Strong growth in Europe and Italy708.5
+6.1% 2026 vs PY
752.0
328.4
(46.4%)
118.4
(16.7%)
92.5
(13.1%)
92.8
(13.1%)
76.4
(10.8%)
9M 2025
+9.7%
81.8
(10.9%)
91.6
(12.2%)
97.6
(13.0%)
121.0
(16.1%)
360.1
(47.9%)
EUROPE (EXCL. ITA)
+2.2%
+5.5%
AMERICAS* MEIA
-1.3%
+7.0%
APAC ITA
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Increase of both commercial and private customersBtoB
BtoC
9M 2026
143.7
(19.1%)
608.3
(80.9%)
708.5
+6.1%
752.0
2026 vs PY+7.1%
+2.2%
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567.9
(80.2%)
140.6
(19.8%)
9M 2025
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Distributors, Retail up double digit708.5
+6.1%
752.0
491.1
(65.3%)
182.9
(24.3%)
29.0
(3.9%)
48.9
(6.5%)
9M 2026FIELD SALES *
DISTRIBUTORS *
INSIDE SALES ** RETAIL
2026 vs PY+2.1%
+15.0%
+9.5%
+23.9%
481.2
(67.9%)
159.1
(22.5%)
44.7
23.4 (6.3%)
(3.3%)
9M 2025
* Prior-year comparative figures have been restated to ensure a like-for-like comparison ** includes E-Commerce and Teleselling channelsStrictly private & confidential
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CLOSING REMARKSStrictly private & confidential 30
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