Linedata Services Reports Q1 2026 Revenue Decline

Linedata Services has announced a revenue of €40.2 million for the first quarter of 2026, marking an 8.5% decrease from the previous year. On a like-for-like basis, revenue fell by 3.0%, adjusted for a currency effect of -€2.8 million and a scope effect of +€0.4 million. Recurring revenue accounted for 81% of the total, reaching €32.4 million.

The Asset Management segment recorded revenue of €26.0 million, down 7.8%, but remained stable organically. The Software division saw a 4.3% decrease in like-for-like revenue, while the Services Division grew by 9.3%. The Lending & Leasing segment experienced a 9.8% drop, attributed to a challenging comparison base.

Order intake fell by 28.7% due to a previous cyberattack and currency impacts. Linedata is focused on recovering its growth path, with the next update due in July 2026.