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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
PSI Software
PSI Software (PSAN) investor relations material
PSI Software Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary30 Oct, 2026
Executive summary
9M 2026 revenue rose 3.6% YoY to €210.9m; adjusted operating result fell 20.7% to €4.6m, while reported EBIT improved to -€15.3m.
Net loss narrowed to €22.9m from €26.3m; order intake declined 19.3% to €217m and backlog fell 14.4% to €161m.
Financial highlights
Q3 revenue was €72.5m versus €70.7m YoY; Q3 EBIT was -€10.5m versus -€22.5m, while Q3 adjusted EBIT improved to €5.7m from €2.3m.
9M result before tax was -€19.0m versus -€22.3m; net result was -€22.9m versus -€26.3m.
Operating cash flow was -€21.1m versus €2.6m in the cash flow statement; cash and cash equivalents ended September at €33.2m.
Outlook and guidance
FY 2026 forecast assumes a stable risk environment: revenue growth of 5%, order intake at the prior-year level, and EBIT margin of ~2% adjusted for one-time expenses.
A September cost-cutting program targets consolidation of decentralized responsibilities and further process standardization.
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Latest events from PSI Software
- 2026 revenue guidance cut to 5% growth and 2% EBIT margin due to PIM segment weakness.PSAN
Investor update - Revenue up 4.1% but net loss widened to €10.0 million; 2026 targets 10% growth.PSANQ2 2026
- Net loss widened to -€7.4 million as revenues fell and restructuring costs increased.PSANQ1 2026
- Revenue up 9.5%, adjusted EBIT positive, Warburg Pincus partnership accelerates SaaS growth.PSANQ4 2025
- Revenue up 14.8% and new orders up 36.4%, but one-time costs drove a net loss.PSANQ3 2025
- €45/share takeover offer aims to accelerate SaaS and global growth, with strong shareholder support.PSANInvestor Update
- Strong revenue growth and EBIT turnaround signal operational recovery and improved outlook.PSANQ2 2025
- Cyberattack drove a sharp loss and revenue drop, but operations have largely recovered.PSANQ3 2024
- Cyberattack drove losses and revenue decline, but order backlog increased 7.1%.PSANQ2 2024
Next PSI Software earnings date
Q4 202625 Mar, 2027
PSI Software
Next PSI Software earnings date
Q4 202625 Mar, 2027
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Frequently asked questions
PSI Software SE, doing business as PSI, specializes in developing software solutions catering to the needs of various industrial sectors. The company's core expertise lies in providing IT services and software designed to manage large-scale energy grids and complex production and logistics processes. PSI Software SE serves a diverse clientele, including energy, utility, manufacturing, and transportation companies. The company operates through two main segments: Energy Management and Production Management. The company is headquartered in Berlin, Germany, and its shares are listed on the XTRA.