Halden Robotics Q4 2025 Earnings Deck

Q4 2025 Earnings

Halden Robotics: Scaling Global Warehouse Automation

February 2026 | Ticker: HALD

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$84.2M

Q4 Quarterly Revenue

Representing 31% year-over-year growth in core markets

02

FY 2025 Financial Highlights

$287M

Annual Total Revenue

44.1%

Gross Margin (+320bps)

$6.1M

Positive EBITDA

$142M

Cash on Hand

03

Operations

Operational Milestones

04

Quarterly Revenue Growth

Revenue in USD Millions (FY 2025)

05

Global Deployment Footprint

1,847 robots actively deployed
Operational in 94 facilities worldwide
Industry-leading 2.1% churn rate

06

Customer Momentum & Retention

127% NRR

Net Revenue Retention driven by site expansions

New Logos

Onboarded DHL and Carrefour this quarter

$410M Backlog

Total contract value up 58% YoY

07

Innovation

Profitability & R&D

08

Margin Bridge: Efficiency Gains

FY 2024

40.9% Gross Margin
Hardware-heavy mix
Negative EBITDA
Manual error recovery

FY 2025

44.1% Gross Margin
Software-mix shift
Positive EBITDA ($6.1M)
Optimized supply chain

09

R&D Focus: Foundation Models

1

Vision

Transitioning to vision-based autonomy

→

2

Learning

Implementing zero-shot learning models

→

3

Recovery

Automating complex error recovery

10

2026 Guidance & Outlook

Metric	2025 Actual	2026 Target
Revenue	$287M	$380M - $405M
Fleet Size	1,847	2,900 Units
EBITDA Margin	2.1%	4% - 6%
New Markets	Global	Japan & Brazil

Projected growth based on current backlog

11

2026 Strategic Roadmap

1

Q1

Launch Brazil operational hub

2

Q2

Release Vision-Foundation Model

3

Q3

Japan market entry and Tokyo DC

4

Q4

Scale to 3,000 unit run-rate

12

“

Halden Robotics has reached a critical inflection point. EBITDA positivity validates our unit economics and the essential nature of warehouse automation.

CEO, Halden Robotics

13

Thank You

Investor Relations

investors.haldenrobotics.com | Q&A Session

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