Cy4gate (CY4) Q3 2026 earnings summary

Executive summary

• 9M 2026 Value of Production rose 46% to €95.3m and operating revenue rose 48% to €93.1m, with growth across all business lines.

• EBITDA increased 84% to €17.5m and EBIT turned positive at €3.4m; 2026 Value of Production guidance of €115–120m was confirmed.

Financial highlights

• 9M Value of Production was €95.3m vs €65.1m YoY; operating revenue was €93.1m vs €63.1m.

• Total costs rose 40% to €77.8m, reflecting higher production volumes.

• EBITDA was €17.5m vs €9.5m; EBIT was €3.4m vs a loss of €5.8m; net loss narrowed to €0.6m from €8.3m.

• Shareholders’ equity was €89.9m at September 30, 2026, vs €92.8m at December 31, 2025.

Outlook and guidance

• 2026 guidance confirmed at Value of Production of €115–120m, supported by results to date and backlog strength.

• Priorities include product and technology development, process optimization, business-model refocusing, and strategic partnerships to support growth and profitability.

• Results showed gradual reduction in the seasonality that had characterized performance in recent years.