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INTERSHOP Communications (ISHA) investor relations material
INTERSHOP Communications Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M revenue fell 7% YoY to €23.4M; EBIT improved to €0.2M from a €1.4M loss, marking a third consecutive quarter of positive operating results.
Cloud momentum strengthened: order entry rose 29% to €14.2M, while cloud revenue grew 2% to €15.7M and represented 67% of revenue.
Financial highlights
9M gross profit was €11.3M, down 3% YoY; gross margin increased to 48% from 46% as cost of revenue declined 11% to €12.2M.
Adjusted for no specified items, EBITDA rose 150% to €2.7M; net loss narrowed to €66K from €1.7M, with EPS of €0.00 versus -€0.12.
Q3 revenue was €7.7M versus €8.0M YoY; EBIT was positive €45K versus a €492K loss.
Outlook and guidance
FY 2026 outlook was confirmed: cloud order entry and Net New ARR expected at prior-year levels, revenue to decline by a slightly lower percentage, and EBIT to break even.
Management cited cost reductions, improved service margins, cloud order growth and Q3 Net New ARR recovery as support for confidence in the full year.
- EBIT positive, cloud and service margins improved, but revenue and ARR declined amid market softness.ISHA
Q2 2026 - EBIT positive, revenue down 13%, margins and cash flow improved, new AI agent model launched.ISHA
Q1 2026 - Revenue fell 14% to €33.3m, but cost cuts and AI focus support a stable 2026 outlook.ISHA
Q4 2025 - Revenue down 15% and EBIT negative; capital raised for cloud and AI amid cost cuts.ISHA
Q3 2025 - Revenue fell 9% and EBIT turned more negative, prompting a lowered full-year outlook.ISHA
Q2 2025 - Cloud-driven growth and margin gains drive return to profitability despite service headwinds.ISHA
Q3 2024 - Cloud revenue up 32% and EBIT loss halved; 2024 guidance confirmed with AI focus.ISHA
Q2 2024 - Cloud revenue growth and improved margins offset revenue decline; outlook remains cautious.ISHA
Q1 2025 - Cloud-driven growth and profitability improve, but 2025 revenue expected to dip on partner focus.ISHA
Trading Update
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