Broadpeak (ALBPK) Q1 2026 TU earnings summary

Executive summary

• Q1 2026 revenue reached €8.1 million, up 2.1% year-over-year, or 5.8% at constant exchange rates.

• Revenue growth was driven by strong performance in Licenses & Services and Maintenance & SaaS, offset by a sharp decline in Equipment sales due to an exceptional prior-year contract.

Financial highlights

• Licenses & Services revenue nearly doubled, rising 126.6% to €2.8 million year-over-year.

• Maintenance & SaaS revenue grew 4.2% to €5.0 million, supported by recurring revenue and SaaS platform deployment.

• Equipment revenue dropped 84.6% to €0.29 million, reflecting a tough comparison with a major contract in Q1 2025.

• Americas region revenue surged 43.4% to €3.6 million, while EMEA grew 4.3% to €4.0 million; APAC fell 68% to €0.5 million.

Outlook and guidance

• 2027 targets reaffirmed: revenue above €50 million, with 50% recurring and EBITDA margin around 15%.