Octave Q1 FY26 net income falls 20% to $47.38 million; revenue rises 1% to $386.5 million
Octave Intelligence PLC Class B OCTV | 0.00 |
- Octave Intelligence posted Q1 net income of $47.38 million, down 20% from a year earlier, as operating income slipped to $63.63 million.
- Revenue rose 1% to $386.5 million, driven by subscriptions climbing to $279.18 million while licenses fell to $35.13 million.
- Gross margin widened 3 percentage points to 77% as cost of revenue dropped to $88.82 million.
- Operating cash flow decreased to $115.45 million; free cash flow eased to $82.01 million.
- Octave said the May 22 spin-off from Hexagon was completed, leaving it with $175.5 million in cash as of March 31.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Octave Intelligence plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-040622), on June 04, 2026, and is solely responsible for the information contained therein.
