Wavestone: Moderate Growth in the Third Quarter of 2025/26

Wavestone announced a 3% increase in revenue for the third quarter of fiscal year 2025/26, reaching €247.1 million. On an organic basis, this growth was 2%, boosted by a favorable trading day effect.

For the first nine months, consolidated revenue was €705.0 million, up 1% year-over-year, but stable on an organic basis. The utilization rate reached 72%, while the average daily rate remained virtually unchanged at €938.

In December 2025, the company had 6,064 employees with a 12% turnover rate over the past 12 months. The outlook for the fourth quarter is positive, with a focus on the growth of AI-related projects. Wavestone is targeting positive organic growth and an operating margin of 13% for the year.