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Trifork Group (TRIFOR) investor relations material
Trifork Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was EUR 61.0m, up 24% reported and 27.8% organically; growth was 6.4% excluding hardware, led by Products and sovereign hosting.
Adjusted EBITDA rose 40.4% to EUR 10.4m, with margin up to 17.0%; Products contributed more than half of adjusted EBITDA.
Financial highlights
9M revenue was EUR 175.3m versus EUR 161.9m; adjusted EBITDA was EUR 25.4m versus EUR 19.5m.
Q3 EBIT increased 69.5% to EUR 5.8m; net income was EUR 2.8m versus EUR 1.6m, and diluted EPS was EUR 0.11 versus EUR 0.06.
9M net income was EUR 7.0m versus EUR 2.7m; diluted EPS was EUR 0.27 versus EUR 0.09.
9M data-centre hardware revenue was EUR 16.8m versus EUR 11.3m in 9M 2025; FY 2026 hardware revenue is expected to be slightly above FY 2025.
Outlook and guidance
FY 2026 revenue guidance increased to EUR 235–240m from EUR 230–240m; organic growth guidance is 9–11%.
FY 2026 adjusted EBITDA guidance narrowed to EUR 35–37m from EUR 35–40m, implying 16–23% growth and a 15–16% margin.
Guidance includes announced acquisitions and divestments, excludes potential future transactions; expected depreciation and amortization is EUR 15–17m.
Products is expected to represent ~one-quarter of FY 2026 revenue; hardware sales are expected to support recurring Operations licence growth in 2027.
- Products-led growth lifted Q3 adjusted EBITDA 40.4%; FY revenue guidance rose at the low end.TRIFOR
Q3 2026 - All Board resolutions passed, including the EUR 0.14/share dividend and a new capital band.TRIFOR
AGM 2023 - 11% organic growth and 21% EBITDA rise, with Labs divestment and margin gains supporting outlook.TRIFOR
Q2 2026 - Double-digit organic growth, margin gains, and portfolio divestments drive strong Q2 results.TRIFOR
Q2 2026 - Record 2025 revenue, margin gains, and product-led growth set strong outlook for 2026.TRIFOR
Q4 2025 - Revenue and margins fell in 2024, triggering cost cuts; US and public sector drive growth.TRIFOR
Q3 2024 - Revenue and margins fell, but public sector wins and Labs gains support future optimism.TRIFOR
Q2 2024 - Q1 2025 delivered 14.1% revenue growth, margin gains, and strong Run segment expansion.TRIFOR
Q1 2025 - Record Q4 revenue, margin recovery, and US growth support 2025 expansion targets.TRIFOR
Q4 2024
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