Esprinet (PRT) Q3 2026 earnings summary

Executive summary

• 9M 2026 sales from customer contracts rose 10% to €3,190.7M; Adjusted EBITDA increased 31% to €49.0M and net income grew 35% to €8.3M.

• Q3 sales increased 15% to €1,101.5M; Adjusted EBITDA rose 40% to €17.1M and net income reached €3.6M, up 29%.

Financial highlights

• 9M gross profit rose 10% to €178.6M; gross margin was 5.60% versus 5.59%.

• 9M Adjusted EBIT increased 66% to €31.4M; reported EBIT rose 53% to €28.9M, including €2.4M of non-recurring costs.

• 9M result before taxes was €13.1M versus €9.4M; net profit per ordinary share was €0.17 versus €0.12.

• Q3 gross profit rose 13% to €57.6M, with gross margin at 5.23% versus 5.28%; Adjusted EBIT increased 86% to €11.3M.

• Q3 reported EBIT rose 84% to €11.1M, including €0.1M of non-recurring costs; profit before tax increased to €5.6M from €2.4M.

Outlook and guidance

• FY 2026 Adjusted EBITDA guidance of €77M–€82M was confirmed.

• Q4 growth expected to be more selective, led by AI, infrastructure modernization, cybersecurity and digital sovereignty; mature endpoint demand expected to be weaker.

• More moderate sales growth is expected in coming quarters, with continued pressure on memory-product availability and pricing; priorities include digital transformation, green transition and innovation in services and platforms.