SNP Schneider-Neureither & Partner (SHF) Q1 2026 earnings summary

Executive summary

• Order entry rose 16% year-over-year to €87.6 million, driven by major projects and strong SAP S/4HANA demand.

• Revenue increased 19% year-over-year to €79.3 million, with software revenue up 52.5%.

• EBIT nearly doubled to €15.4 million, and net income more than doubled to €10.3 million.

• Cash and cash equivalents at quarter-end were €55.8 million, up from €46.2 million at year-end 2025.

Financial highlights

• EBITDA rose 72% year-over-year to €18.1 million, with an EBITDA margin of 22.8%.

• Earnings per share (undiluted) increased 113% to €1.42.

• Operating cash flow was €11.0 million, down from €15.0 million in Q1 2025.

• Net margin improved to 13.0% from 7.3% a year earlier.

Outlook and guidance

• Full-year 2026 guidance confirmed: revenue growth in the mid to high single digits, EBIT growth in the low double digits.

• Book-to-bill ratio expected to remain above one.

• Software and EXA segments forecasted to grow at low double-digit rates; Services segment at low single digits.

• Revenue expected to be weighted toward the second half of the year.