Strong Q1 Sales Growth#
ATOSS Software SE reported impressive sales for the first quarter of 2026, totaling €51.4 million. This marks an 11% increase from €46.3 million in the same period last year, coming close to the expected figure of €52.0 million.
Cloud Revenue Surge#
The company's cloud revenues saw a significant boost, rising 27% to €27.0 million from €21.4 million in Q1 2025. Notably, software sales accounted for 74% of total sales, indicating a strong reliance on software products. Additionally, recurring revenues from cloud services and maintenance reached 71% of total revenues, up from 68% the previous year.
EBIT and Margin Improvement#
Earnings Before Interest and Taxes (EBIT) increased by 17%, reaching €18.2 million compared to €15.6 million in Q1 2025. The EBIT margin, which measures profitability relative to sales, improved to 35.3% from 34% in the same quarter last year. This performance surpassed the expected EBIT of €16.4 million, attributed to effective cost management and efficiency improvements through digitalization.
Positive Outlook for 2026#
The company has confirmed its sales guidance for 2026 at approximately €215 million and has raised its EBIT margin guidance to at least 34%, up from a previous estimate of 32%. The cash position also strengthened, with cash and cash equivalents increasing to €162.1 million from €131.9 million year-over-year. ATOSS plans to propose a dividend of €2.28 per share, totaling €36.3 million, for approval at the upcoming Annual General Meeting.