Asseco Business Solutions (ABS) Q1 2026 earnings summary

Executive summary

• Operating revenue for Q1 2026 reached PLN 130,316 thousand, up 20.6% year-over-year, driven by higher sales of proprietary products in both domestic and foreign markets.

• Net profit rose 51.4% year-over-year to PLN 43,011 thousand, reflecting improved profitability and cost control.

• EBITDA increased by 44.3% to PLN 57,733 thousand, and EBIT grew by 54.2% to PLN 46,631 thousand compared to Q1 2025.

Financial highlights

• Gross margin on sales improved to 48.0% from 42.1% year-over-year.

• Net profit margin increased to 33.0% from 26.3% in Q1 2025.

• Working capital rose to PLN 87,416 thousand, with a current ratio of 2.06.

• Cash and cash equivalents at period end were PLN 85,286 thousand, up from PLN 80,618 thousand at year-end 2025.

• No bank loans or credit debt as of 31 March 2026.

Outlook and guidance

• Management considers the financial situation stable and production potential strong, but notes ongoing monitoring of geopolitical risks.

• External risks include the Ukraine and Middle East conflicts, energy prices, interest rates, and client investment sentiment.

• Internal focus remains on product quality, adaptability, and talent retention.