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2CRSI SA (AL2SI) investor relations material
2CRSI SA Q4 25/26 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Annual revenue reached €416.2 million for fiscal year 2025/26, up 88% year-over-year, driven by strong commercial momentum and strategic repositioning in the AI infrastructure market.
Revenue target was exceeded, with growth entirely from delivered and invoiced orders, not from the €610 million framework agreement.
Customer portfolio diversified, with new strategic accounts and reduced revenue concentration among top customers.
Financial highlights
Revenue increased to €416.2 million from €220.7 million year-over-year, an 88% rise.
Service revenue grew nearly 200% to €24.7 million, representing higher-margin business.
Year-end cash position improved to €14.4 million, the highest since IPO in 2018.
Outlook and guidance
Ambition to achieve €1 billion in revenue for fiscal year 2026/27, supported by strong AI market demand and the ÆTHER consortium momentum.
Focus on improving margins by increasing the share of services and value-added solutions.
- Global innovator in energy-efficient HPC and AI infrastructure, expanding cloud and data center solutions.AL2SI
Investor presentation2 Jul 2026 - Revenue up 95% and EBITDA positive, driven by AI server demand and operational efficiency.AL2SI
H1 24/252 Jul 2026 - Revenue up 880% to €204.7M; guidance raised, targeting €1B next year.AL2SI
H1 25/262 Jul 2026 - AI-driven revenue growth and profitability achieved, with strong outlook and new server launches.AL2SI
H2 23/241 Jul 2026 - Revenue up 32% to €220.7M, net profit €2.1M, strong outlook for further growth.AL2SI
H2 24/251 Jul 2026
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