Digital Workforce Services (DWF) Q2 2026 earnings summary

Executive summary

• Achieved 37% revenue growth year-over-year in the first half of 2026, driven by strong order intake and expansion in both Healthcare and Enterprise & Public business areas.

• Adjusted EBITDA improved to EUR 1.0 million (7% of revenue), reflecting enhanced profitability despite ongoing investments in growth and hiring.

• Expanded agentic AI solutions and completed the acquisition of Agentic AI for Customer Service business from Front AI Oy after the reporting period.

• Customer satisfaction reached a record-high NPS of 72, with organic growth and new customer wins across all regions.

Financial highlights

• First half 2026 revenue: EUR 15.4 million, up 37% from EUR 11.2 million year-over-year.

• Adjusted EBITDA: EUR 1.0 million (7% margin), up from EUR 0.1 million (1% margin) year-over-year.

• Operating profit: EUR -0.3 million, improved from EUR -1.0 million year-over-year.

• Net income: EUR -0.6 million, up from EUR -1.1 million year-over-year.

• Earnings per share: EUR -0.05, improved from EUR -0.10 year-over-year.

• Cash and liquid assets at period end: EUR 7.8 million.

Outlook and guidance

• Full-year 2026 revenue expected to grow 27–37% from 2025.

• Adjusted EBITDA margin forecasted at 7–13% of revenue.

• Strategic target: annualized revenue of EUR 40 million by end of 2026, with adjusted EBITDA over 15%.