31.04
-1.21%
Close of 9 Nov 2026, in EUR
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About Qt Group Oyj
Its shares trade on Nasdaq Helsinki under the ticker QTCOM.HE. It has been listed since 2 May 2016. In the fiscal year to 31 December 2025, it reported revenue of €216.3m and net income of €31.8m. At that date it held total assets of €444.3m and shareholders' equity of €209.5m.
Qt Group Plc engages in the development of software tools. The company is headquartered in Espoo, Etela-Suomen. The company went IPO on 2016-05-02. The firm is engaged in the software development, productization and licensing under commercial and open-source licenses. The company operates a programming language- based framework of libraries and tools that enables the development of interactive and cross-platform applications and devices. The firm is focused on two technology implementations, such as Qt for Application Development and Qt for Device Creation. The Qt for Application Development division offers cross-platform application and user interfaces development. The Qt for Device Creation division provides Internet of Things (IoT) solutions.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- Software
- Listed since
- 2 May 2016
- Employees
- 342
- Website
- qt.io ↗
Leadership
Pay as last reported
- Mr. Robert IngmanChairman of the Board, since 2016€80,500
- Mr. Juha VareliusPresident, Chief Executive Officer€492,124
- Mr. Mikko MarsioIndependent Vice Chairman of the Board€56,500
- Mr. Jouni LintunenChief Financial Officer
- Mr. Steffan SchumacherSenior Vice President - Sales
- Ms. Katja KumpulainenSenior Vice President - Marketing, since 2016
- Ms. Laura KilemetSenior Vice President - People & Culture
- Mr. Petteri HollaenderSenior Vice President - Ventures of Qt Group Plc
- Mr. Juhapekka NiemiSenior Vice President - Product Management
- Ms. Aleksina ShemeikkaSenior Vice President - Software Quality Solutions
- Mr. Tuukka TurunenSenior Vice President - Research and Development
- Mr. Mika PaelsiGeneral Counsel
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 35
- Environment
- 9
- Social
- 64
- Governance
- 32
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Qt Group Oyj possesses a strong and comprehensive product portfolio, offering a wide range of software development tools and libraries.
- The company has established a solid reputation in the software development industry, known for its reliable and high-quality solutions.
- Qt Group Oyj benefits from a large and active community of developers, providing valuable insights and feedback for continuous improvement.
- The company has a global presence and serves a diverse customer base, enhancing its market reach and potential for growth.
Weaknesses
- Qt Group Oyj's products can be perceived as complex and require a certain level of technical expertise, which may limit its accessibility to novice developers.
- The company faces intense competition in the software development market from both established players and emerging open-source alternatives.
- Qt Group Oyj heavily relies on licensing and subscription models for generating revenue, potentially making it vulnerable to changes in market demands and pricing pressures.
- There might be a need for continuous investment in research and development to stay ahead of evolving technology trends.
Opportunities
- The increasing demand for connected devices and IoT (Internet of Things) applications presents a significant opportunity for Qt Group Oyj to expand its market share.
- The growing trend of cross-platform development offers an opportunity for Qt Group Oyj to position itself as a leading solution provider in enabling efficient and cost-effective development across multiple platforms.
- Collaboration with other technology companies and industry partnerships can open up new avenues for innovation and business growth.
- Geographical expansion into emerging markets with a focus on software development can provide Qt Group Oyj with new customer segments and revenue streams.
Threats
- Qt Group Oyj faces the risk of increasing regulations and compliance requirements, especially related to data security and privacy.
- The rapid pace of technological advancements and evolving industry standards pose a challenge for Qt Group Oyj in staying ahead of the competition.
- Market volatility and economic uncertainties can impact the company's financial performance and customer buying behavior.
- The potential emergence of alternative software development frameworks and platforms could disrupt Qt Group Oyj's market position.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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