Topicus (TOI) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 rose 18% year-over-year to €437.3 million, with organic growth of 4%.

• Net income for Q2 2026 increased 14% to €47.3 million (€0.36 per diluted share) compared to Q2 2025.

• For the first half of 2026, revenue grew 20% to €872.9 million, but net income declined 8% to €102.4 million.

• Acquisitions totaled €40.2 million in consideration during Q2 2026.

Financial highlights

• Q2 2026 revenue: €437.3 million (up 18% year-over-year); H1 2026 revenue: €872.9 million (up 20%).

• Q2 2026 net income: €47.3 million (up 14%); H1 2026 net income: €102.4 million (down 8%).

• Q2 2026 diluted EPS: €0.36 (up from €0.31); H1 2026 diluted EPS: €0.77 (down from €0.85).

• Q2 2026 free cash flow available to shareholders (FCFA2S): €14.6 million (up from negative €16.7 million).

• H1 2026 FCFA2S: €180.1 million (up 24% from €145.0 million).

Outlook and guidance

• Management emphasizes that forward-looking statements are subject to significant risks and uncertainties and are not guarantees of future performance.