LightOn (ALTAI) Q2 2026 TU earnings summary

Executive summary

• Half-year 2026 revenue increased by 51% year-over-year, reaching €1.1 million, driven by strong demand for sovereign AI solutions in France and the public sector.

• Expansion of the product suite included LightOnOCR-2, now supporting Arabic, and increased adoption among public institutions.

• New CEO Jean-Philippe Baert appointed in July 2026, prioritizing pipeline conversion, operational execution, and cost optimization.

Financial highlights

• Revenue for the six months ended June 30, 2026, was €1.1 million, up 51% from the prior year.

• Paradigm license sales rose 34% year-over-year, with services revenue increasing tenfold due to new contracts.

• Annual recurring revenue (ARR) stood at €1.9 million as of June 30, 2026, stable compared to December 31, 2025.

Outlook and guidance

• Company expects to capitalize on growing demand for sovereign, secure AI solutions in the second half of 2026.

• Interest in solutions confirmed at major industry events and through new use cases with public and private organizations.