Technogym (TGYM) Q3 2026 TU earnings summary

Executive summary

• 9M 2026 consolidated revenue reached €751.983m, up 6.1% YoY or 6.9% at constant exchange rates; B2B and B2C both grew.

• 2026 is a transition year focused on Vision 2031 and the shift from Wellness to Healthness, with record investment planned.

Financial highlights

• 9M revenue was €751.983m versus €708.464m in 9M 2025, an increase of €43.519m; constant-FX revenue was €757.7m.

• B2B revenue rose 7.1% YoY to €608.304m; B2C revenue rose 2.2% to €143.679m.

Outlook and guidance

• Management expressed confidence for the remainder of 2026 and the start of 2027, citing rising consumer and operator interest in wellness and healthy longevity.