F-Secure Oyj

HLSE:FSECURE Stock Report

Market Cap: €347.3m

F-Secure Oyj Past Earnings Performance

Past criteria checks 1/6

F-Secure Oyj's earnings have been declining at an average annual rate of -14.1%, while the Software industry saw earnings declining at 12% annually. Revenues have been growing at an average rate of 6.4% per year. F-Secure Oyj's return on equity is 32.3%, and it has net margins of 12.8%.

Key information

-14.06%

Earnings growth rate

-13.65%

EPS growth rate

Software Industry Growth20.84%
Revenue growth rate6.41%
Return on equity32.33%
Net Margin12.76%
Next Earnings Update28 Oct 2026

Recent past performance updates

Recent updates

Analysis Article • Jul 21

F-Secure Oyj Just Missed EPS By 27%: Here's What Analysts Think Will Happen Next

Last week, you might have seen that F-Secure Oyj ( HEL:FSECURE ) released its second-quarter result to the market. The...
Analysis Article • Oct 31

Results: F-Secure Oyj Beat Earnings Expectations And Analysts Now Have New Forecasts

It's been a good week for F-Secure Oyj ( HEL:FSECURE ) shareholders, because the company has just released its latest...
Analysis Article • Feb 09

Earnings Miss: F-Secure Oyj Missed EPS By 5.7% And Analysts Are Revising Their Forecasts

Shareholders might have noticed that F-Secure Oyj ( HEL:FSECURE ) filed its annual result this time last week. The...
Analysis Article • Nov 04

F-Secure Oyj's (HEL:FSECURE) Shareholders Have More To Worry About Than Only Soft Earnings

A lackluster earnings announcement from F-Secure Oyj ( HEL:FSECURE ) last week didn't sink the stock price. We think...
Analysis Article • Jul 21

Are Investors Undervaluing F-Secure Oyj (HEL:FSECURE) By 45%?

Key Insights F-Secure Oyj's estimated fair value is €3.82 based on 2 Stage Free Cash Flow to Equity F-Secure Oyj's...
Analysis Article • May 01

F-Secure Oyj (HEL:FSECURE) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Investors in F-Secure Oyj ( HEL:FSECURE ) had a good week, as its shares rose 6.8% to close at €2.07 following the...
Analysis Article • Apr 27

These 4 Measures Indicate That F-Secure Oyj (HEL:FSECURE) Is Using Debt Extensively

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Revenue & Expenses Breakdown

How F-Secure Oyj makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

HLSE:FSECURE Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 26148196135
31 Mar 26145205732
31 Dec 25146225831
30 Sep 25147215833
30 Jun 25147215832
31 Mar 25147215730
31 Dec 24146215829
30 Sep 24146215828
30 Jun 24145205929
31 Mar 24139215829
31 Dec 23130225427
30 Sep 23122265123
30 Jun 23115294820
31 Mar 23111284917
31 Dec 22111304816
30 Sep 22110324417
31 Mar 22107353917
31 Dec 21106343817
31 Dec 202201311342

Quality Earnings: FSECURE has high quality earnings.

Growing Profit Margin: FSECURE's current net profit margins (12.8%) are lower than last year (14.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FSECURE's earnings have declined by 14.1% per year over the past 5 years.

Accelerating Growth: FSECURE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FSECURE had negative earnings growth (-10.4%) over the past year, making it difficult to compare to the Software industry average (5.7%).

Return on Equity

High ROE: Whilst FSECURE's Return on Equity (32.33%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/17 22:57
End of Day Share Price 2026/09/17 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

F-Secure Oyj is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Waltteri RossiDanske Bank
Matti RiikonenDNB Carnegie
Marianne PalmuInderes Oy