Planisware (PLNW) Q3 2026 TU earnings summary

Executive summary

• Q3 revenue reached €57.4m, up 15.6% reported and 14.9% in constant currencies; 9M revenue was €163.5m, up 14.9% in constant currencies.

• Q3 recurring revenue growth accelerated to 16.6% in constant currencies from 12.6% in H1, supported by SaaS & Hosting and reaccelerating support activity.

• More than 25 Q3 wins and expansions spanned geographies and industries; 2026 objectives were confirmed amid macroeconomic, geopolitical and Q4 transaction-timing uncertainties.

Financial highlights

• Q3 revenue was €57.4m, up 15.6% reported and 14.9% in constant currencies; FX contributed €0.3m, or ~70 bps, to growth.

• 9M revenue was €163.5m, up 12.4% reported and 14.9% in constant currencies; constant-currency growth of €21.7m was offset by a €3.5m cumulative FX headwind.

• Q3 recurring revenue was €51.7m, up 17.2% reported and 16.6% in constant currencies; non-recurring revenue was €5.7m, up 1.7% in constant currencies.

• 9M recurring revenue was €147.9m, up 13.9% in constant currencies; non-recurring revenue was €15.6m, up 24.3%.

• 2026 adjusted EBITDA margin guidance is at least the 2025 level of 37.4%; cash conversion guidance is ~80%.

Outlook and guidance

• 2026 objectives confirmed: revenue growth of at least 13% in constant currencies, adjusted EBITDA margin at least 37.4%, and cash conversion of ~80%.

• Recurring revenue already booked supports the 13% growth floor; Q4 non-recurring revenue could lift results above it, subject to transaction timing.

• Prisma's commercial release is planned for end-Q1 2027, with direct revenue contribution expected to build progressively after launch.

• 2027 budgeting remains underway, with no next-year guidance issued; strong 2026 performance creates a tougher comparison base.