Concurrent Technologies (CNC) H1 2026 TU earnings summary

Executive summary

• Achieved record H1 FY26 performance with revenue of approximately £23.1m and profit before tax of £3.3m, both up from H1 FY25.

• Strong order momentum, with H1 FY26 order intake at £46.9m, up 110% year-over-year.

• Secured a significant multi-year order (~£17m) from a European customer, contributing to record order intake.

• Entered H2 FY26 with strong momentum, including a $9.4m contract win post period end.

Financial highlights

• H1 FY26 revenue: £23.1m (H1 FY25: £21.1m).

• H1 FY26 profit before tax: £3.3m (H1 FY25: £2.7m).

• Order intake for H1 FY26: £46.9m (H1 FY25: £22.3m).

Outlook and guidance

• Board expects full year 2026 results to be at least in line with market expectations: revenue of £53m and profit before tax of £8m.

• Healthy backlog and pipeline, with anticipated conversion of design wins into production in H2 FY26.