United Internet stock gains as operating EBITDA rises 10%

Published on 11/13/2026 at 11:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

United Internet stock reported stronger nine-month operating figures on November 12 and kept its 2026 sales and EBITDA targets unchanged. One-off costs weighed on reported earnings.

United Internet reports stronger nine months

United Internet increased first-nine-month sales by 3.0 percent to 4.6383 billion euros.
Operating EBIT advanced 25.4 percent to 555.7 million euros after lower depreciation and amortization.
The company kept its 2026 sales, operating EBITDA and cash capital expenditure targets unchanged.

United Internet, DE0005089031, Illustration mit AI erstellt.

United Internet reported stronger operating results for the first nine months of 2026 on Thursday, November 12. In its Investor Relations announcement, the group said consolidated sales increased 3.0 percent to 4.6383 billion euros from 4.5022 billion euros a year earlier.

After adjusting for one-off transformation and restructuring expenses, operating EBITDA rose 10.0 percent to 1.0628 billion euros from 966.4 million euros. Operating EBIT advanced 25.4 percent to 555.7 million euros from 443.2 million euros. United Internet attributed the stronger EBIT performance to higher EBITDA and lower depreciation and amortization.

Restructuring costs affect reported earnings

United Internet said third-quarter earnings included 61.3 million euros in one-off expenses from transformation and restructuring programs at 1&1 Versatel and IONOS. The distinction is relevant for investors because the reported figures include these charges, while the operating comparison highlights the underlying development used by management.

Operating earnings per share from continuing operations increased to 1.26 euros from 0.75 euros in the comparable period. After accounting for transformation and restructuring costs, operating earnings per share stood at 1.04 euros. Cash capital expenditure for the first nine months was 453.8 million euros, compared with 488.0 million euros a year earlier.

Full-year targets remain unchanged

Following the first nine months, United Internet confirmed its 2026 outlook. The company continues to target sales of approximately 6.25 billion euros, compared with 6.104 billion euros in 2025, and operating EBITDA of approximately 1.45 billion euros, compared with 1.282 billion euros last year. Cash capital expenditure is expected to range from 600 million euros to 650 million euros, below the 730.8 million euros recorded in 2025.

For investors, the unchanged targets place the focus on execution in the final quarter and on the effect of the ongoing restructuring programs. The nine-month figures show stronger operating profitability, while the one-off charges remain a factor in assessing reported earnings and cash requirements.

United Internet stock traded at 24.79 euros on Lang & Schwarz at 11:33 CET on Friday, November 13, 2026.