Broadpeak (ALBPK) Q3 2026 earnings summary

Executive summary

• Q3 revenue reached €10.1m, up 5.1% reported (+6.1% at constant exchange rates), returning to growth after a 20.9% H1 decline.

• 9M revenue was €27.3m, down 12.9% reported (-11.6% at constant exchange rates).

Financial highlights

• Recurring revenue rose 12.8% to €5.1m in Q3 and 10.0% to €15.6m over 9M.

• Q3 recurring revenue represented 51% of sales; its 9M share reached 57%, versus 45% a year earlier.

Outlook and guidance

• 2026 outlook reaffirmed: sustained revenue growth in H2 and largely positive EBITDA for the full year.

• 2027 targets reaffirmed: revenue above €50m, 50% recurring revenue, and an EBITDA margin of ~15%.

• Q4 visibility includes expected contract signings for anti-piracy, CDNaaS, Multiview, Advanced CDN, Multicast ABR and Cloud PVR solutions, in licence and SaaS formats.