PSI Software (PSAN) Q2 2026 earnings summary

Executive summary

• Consolidated revenues rose 4.1% year-over-year to €138.4 million for the first half of 2026, with a strong Q2 performance offsetting a weak start.

• Adjusted EBIT for H1 was negative at -€1.2 million, while net result worsened to -€10.0 million from -€1.4 million year-over-year.

• Order intake improved 32.7% in Q2 but was down 15.2% for H1 compared to the prior year.

Financial highlights

• Revenues: €138.4 million (up 4.1% year-over-year).

• Adjusted operating result: -€1.2 million (down from €3.5 million year-over-year).

• Operating result: -€4.8 million (down from €2.1 million year-over-year).

• Net result: -€10.0 million (down from -€1.4 million year-over-year).

• Cash and cash equivalents: €24.1 million (down 22.6% year-over-year).

Outlook and guidance

• Targeting approximately 10% growth in order intake and revenues for 2026.

• Aims for an adjusted EBIT margin of about 4% for the year, despite economic uncertainties.

• Recent capital increase provided fresh funds of approximately €29 million.