Equasens Société anonyme (EQS) Q2 2026 TU earnings summary

Executive summary

• H1 2026 revenue reached €124.5 million, up 7.3% year-over-year, with annual recurring revenue (ARR) at €111.1 million, up 8.8% from June 2025.

• Strong growth in maintenance and subscriptions (+8.4%) and software/services (+24.9%), with positive momentum in France and Italy.

• Successful integration of acquisitions (EREVO, NOVAPROVE, DIS) and launch of new digital training offerings.

Financial highlights

• Maintenance and subscriptions revenue rose to €55.7 million (+8.4%), with organic growth of 4.7%.

• Software and services revenue increased to €21.7 million (+24.9%), mainly from EREVO integration.

• Systems and equipment sales were stable at €47.0 million (-0.3%), with mixed performance across divisions.

• Ségur Wave 2 programme contributed €0.6 million, excluded from organic growth calculations.

Outlook and guidance

• Continued rollout of new functionalities and AI integration expected to drive growth in H2 2026 and 2027.

• SaaS model development and secure cloud hosting to consolidate ARR and support European expansion.

• Ségur Wave 2 remains a strategic priority, with further deployments planned.