Apple device manager Jamf's Q3 revenue beats estimates

Reuters11-11
Apple device manager Jamf's Q3 revenue beats estimates

Overview

  • Jamf Q3 2025 revenue rises 15% yr/yr, beating analyst expectations

  • Adjusted operating income for Q3 beats analyst estimates

  • ARR grows 16% yr/yr, with security ARR up 44%

Outlook

  • Company suspends financial guidance for Q4 and full fiscal year 2025

  • Jamf's pending acquisition by Francisco Partners affects guidance provision

Result Drivers

  • SECURITY SOLUTIONS - Security ARR grew 44% yr/yr, driven by platform solutions and Identity Automation acquisition

  • CASH FLOW IMPROVEMENT - Cash flow from operations increased 213% yr/yr, indicating improved operational efficiency

  • ARR GROWTH - Total ARR increased 16% yr/yr, contributing to revenue rise

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$183.50 mln

$177.41 mln (10 Analysts)

Q3 Adjusted Operating Income

Beat

$47.20 mln

$42.13 mln (10 Analysts)

Q3 Annual Recurring Revenue

$728.60 mln

Q3 Gross Profit

$139.50 mln

Q3 Operating Income

-$3.40 mln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the software peer group is "buy."

  • Wall Street's median 12-month price target for Jamf Holding Corp is $13.00, about 1% above its November 7 closing price of $12.87

  • The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw3ymxnGa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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