United Internet stock: Stronger results keep 2026 outlook intact

Published on 11/13/2026 at 17:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

United Internet stock benefits from stronger nine-month operating figures and a confirmed 2026 outlook. Restructuring charges still weigh on reported earnings.

Key developments for investors

United Internet increased nine-month sales and operating earnings while one-off restructuring costs weighed on reported results.
Management confirmed its 2026 sales and operating EBITDA targets.
Customer growth at IONOS and Mail & Media offset fewer contracts in the 1&1 segment.

United Internet, DE0005089031, Illustration mit AI erstellt.

United Internet delivered stronger operating results in the first nine months of 2026, while management kept its full-year targets unchanged. In its investor-relations announcement published on November 12, the company said operating EBITDA rose 10.0% to 1,062.8 million euros in the first nine months.

United Internet stock traded at 25.23 euros on Lang & Schwarz at 17:38 CET on Friday, November 13, 2026, 0.12% above the Xetra close of Friday, November 13. Compared with the 24.79 euros quoted at 11:33 CET in the same-day article, the stock was up 1.78% at 17:38 CET.

Operating growth and restructuring costs

Consolidated sales increased 3.0% to 4,638.3 million euros from 4,502.2 million euros in the comparable period. Operating EBIT advanced 25.4% to 555.7 million euros, helped by higher EBITDA and lower depreciation and amortization.

The reported third-quarter earnings included 61.3 million euros in one-off expenses from transformation and restructuring programs at 1&1 Versatel and IONOS. Operating earnings per share from continuing operations reached 1.26 euros, compared with 0.75 euros a year earlier, and stood at 1.04 euros after the transformation and restructuring costs.

Customer mix shapes the outlook

Fee-based customer contracts increased by 770,000 to 30.49 million. IONOS added 690,000 contracts and Mail & Media added 300,000, while the 1&1 segment recorded a decline of 220,000 contracts after changes to its discount tariff portfolio.

United Internet confirmed its 2026 targets for sales of approximately 6.25 billion euros and operating EBITDA of approximately 1.45 billion euros. Cash capital expenditure is expected to range from 600 million euros to 650 million euros, below the 730.8 million euros recorded in 2025.