TXT e-solutions (TXT) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue grew 21.8% to €342.8m; EBITDA rose 29.5% to €53.3m, with margin up 93 bps to 15.5%.

• Adjusted EBIT increased 33.6% to €43.8m and adjusted net profit rose 34.5% to €28.3m; reported net profit was €6.8m after non-recurring tax charges.

Financial highlights

• 9M revenue was €342.8m versus €281.5m; like-for-like revenue was €327.8m, with 16.4% organic growth and €15.0m from acquisitions.

• 9M gross margin was €127.0m, or 37.0% of revenue, versus 37.9% a year earlier; EBITDA was €53.3m, or 15.5% of revenue.

• Q3 revenue rose 24.1% to €114.7m, including 11.8% organic growth; EBITDA increased 40.4% to €19.1m and adjusted net profit rose 37.6% to €10.5m.

Outlook and guidance

• FY 2026 outlook confirmed: pro forma revenue close to €500m and EBITDA margin approximately 15%; headline targets specify consolidated revenue above €470m and margin above 15%.

• Q4 organic growth expected to remain solid but moderate versus 9M due to a challenging comparison base; inorganic growth contribution expected to strengthen.

• Outlook supported by backlog, solid demand in key markets, and stronger positioning in Aerospace & Defence and Public Sector.