PSI Software (PSAN) Q3 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2026 earnings summary
30 Oct, 2026Executive summary
9M 2026 revenue rose 3.6% YoY to €210.9m; adjusted operating result fell 20.7% to €4.6m, while reported EBIT improved to -€15.3m.
Net loss narrowed to €22.9m from €26.3m; order intake declined 19.3% to €217m and backlog fell 14.4% to €161m.
Financial highlights
Q3 revenue was €72.5m versus €70.7m YoY; Q3 EBIT was -€10.5m versus -€22.5m, while Q3 adjusted EBIT improved to €5.7m from €2.3m.
9M result before tax was -€19.0m versus -€22.3m; net result was -€22.9m versus -€26.3m.
Operating cash flow was -€21.1m versus €2.6m in the cash flow statement; cash and cash equivalents ended September at €33.2m.
Outlook and guidance
FY 2026 forecast assumes a stable risk environment: revenue growth of 5%, order intake at the prior-year level, and EBIT margin of ~2% adjusted for one-time expenses.
A September cost-cutting program targets consolidation of decentralized responsibilities and further process standardization.
Latest events from PSI Software
- 2026 revenue guidance cut to 5% growth and 2% EBIT margin due to PIM segment weakness.PSAN
Investor update - Revenue up 4.1% but net loss widened to €10.0 million; 2026 targets 10% growth.PSAN
Q2 2026 - Net loss widened to -€7.4 million as revenues fell and restructuring costs increased.PSAN
Q1 2026 - Revenue up 9.5%, adjusted EBIT positive, Warburg Pincus partnership accelerates SaaS growth.PSAN
Q4 2025 - Revenue up 14.8% and new orders up 36.4%, but one-time costs drove a net loss.PSAN
Q3 2025 - €45/share takeover offer aims to accelerate SaaS and global growth, with strong shareholder support.PSAN
Investor Update - Strong revenue growth and EBIT turnaround signal operational recovery and improved outlook.PSAN
Q2 2025 - Cyberattack drove a sharp loss and revenue drop, but operations have largely recovered.PSAN
Q3 2024 - Cyberattack drove losses and revenue decline, but order backlog increased 7.1%.PSAN
Q2 2024