Truecaller reports mixed results in Q3 2026 interim report

Truecaller reported net sales of SEK 464.0 million for the period of January to September 2026, a 1 percent decrease compared to the same period last year. On a constant currency basis, the company reported a 3 percent increase in sales, with an 18 percent growth jump compared to the second quarter of 2026.

The revenue mix shows a shift toward recurring streams. Subscription revenues rose by 32 percent and business services increased by 14 percent, both adjusted for currency fluctuations. However, advertising revenue continued to struggle, declining by 12 percent year-over-year.

Recurring revenue now represents 47 percent of Truecaller’s total sales, up from 38 percent in the previous year. The company's recent performance suggests a strategic pivot toward stable subscription models as it moves away from reliance on fluctuating ad markets.