Linedata Services (LIN) Q1 2026 TU earnings summary

Executive summary

• Q1 2026 revenue reached €40.2m, a decrease of 8.5% year-over-year on a reported basis.

• Adjusted for currency and scope effects, revenue declined 3.0% like-for-like compared to Q1 2025.

• Recurring revenue was €32.4m, representing 81% of total revenue.

• Order intake dropped 28.7% year-over-year to €10.4m, impacted by a prior cyberattack and currency headwinds.

Financial highlights

• Asset Management segment revenue was €26.0m, down 7.8% year-over-year.

• Lending & Leasing segment revenue was €14.2m, down 9.8% year-over-year.

• Software division revenue within Asset Management totaled €18.1m, down 4.3% like-for-like.

• Services division revenue within Asset Management grew organically by 9.3% to €7.9m.

Outlook and guidance

• Efforts are ongoing to return to a growth trajectory.

• Next financial update scheduled for July 23, 2026, covering half-year revenue.