Sword Group (SWP) Q2 2026 TU earnings summary

Executive summary

• Q2 2026 consolidated revenue reached €97.0m, up 13.7% year-over-year at constant scope and exchange rates.

• H1 2026 consolidated revenue totaled €187.7m, a 12.6% increase year-over-year at constant scope and exchange rates.

• EBITDA margin held steady at 12.0% for both Q2 and H1 2026, with EBITDA of €11.6m in Q2 and €22.6m in H1.

• Growth momentum supported by investments in Consulting, Applications, Platforms, and Infrastructure, leveraging AI, Cloud, and Resilience.

• Acquisition of CirrusHQ and completion of Pathfinder AI methodology strengthened strategic capabilities.

Financial highlights

• Q2 2026 revenue: €97.0m (+13.7% organic growth year-over-year at constant scope and exchange rates).

• H1 2026 revenue: €187.7m (+12.6% organic growth year-over-year at constant scope and exchange rates).

• EBITDA margin: 12.0% in both Q2 and H1 2026.

• EBITDA: €11.6m in Q2 2026, €22.6m in H1 2026.

Outlook and guidance

• Full-year 2026 objectives reaffirmed: 12% organic growth and 12% profitability.

• Strong backlog and robust pipeline support confidence for H2 2026.

• Further details to be discussed at the September 10 financial presentation.