Gofore Q3 2026

Gofore’s Interim Report Q3 2026: Q3 net sales growth 19.7%, profitability improved significantly from H1

July-September 2026

Net sales increased by 19.7% from the previous year, organic net sales growth was 1.5%.
Adjusted EBITA was 4.4 (3.6) million euros, 8.9% (8.7%).
Profitability improved compared to both previous quarters and the comparison period, driven by synergy benefits in administrative costs
and improved management of fixed-price projects.
Change in customer prices was +1.7% (-1.8%).
Change in average salary was -2.2% (-0.3%).
Number of employees down to 1,769 (1,786) due to the sale of Product Design and Technical Documentation. Total capacity was 1,844 (1,855).
In June, Gofore announced the sales of its Product Design & Technical Documentation business to CoE Group and the transaction was completed on September 1, 2026. The net personnel impact of this sale was 107.
During the quarter, Gofore signed new customer relationships and extension agreements with national railway company VR Group, the Finnish Transport Infrastructure Agency, and the Tampere higher education community TUNI, strengthening its position as a development partner for transport, infrastructure, and AI solutions.

January-September 2026

Net sales increased from the previous year by 27.4%, totaling 167.9 (131.8) million euros. Organic growth was 1.6%.
Adjusted EBITA was 13.0 (8.5) million euros, 7.7% (6.4%) of net sales. Adjusted EBITA increased by 1.3 percentage points compared to last year.
The change in customer prices was +1.1% (-3.0%).
Average salary change was -1.1% (+0.1%).
On 2 January, 2026, Gofore completed the transaction of the entire share capital of the German digital transformation expert company Esentri AG. The debt-free purchase price was EUR 10 million, and the already confirmed additional purchase price was EUR 1.5 million.

Events after the review period

On 22 October 2026, Gofore was chosen as KEHA Centre’s partner in two extensive frame agreements. There were two separate releases related to the two separate procurement decisions received.

https://gofore.com/en/news/gofore-selected-as-keha-centres-partner-for-an-extensive-framework-agreement/

Gofore’s Interim Report Q3 2026: Q3 net sales growth 19.7%, profitability improved significantly from H1

July-September 2026

Net sales increased by 19.7% from the previous year, organic net sales growth was 1.5%.
Adjusted EBITA was 4.4 (3.6) million euros, 8.9% (8.7%).
Profitability improved compared to both previous quarters and the comparison period, driven by synergy benefits in administrative costs
and improved management of fixed-price projects.
Change in customer prices was +1.7% (-1.8%).
Change in average salary was -2.2% (-0.3%).
Number of employees down to 1,769 (1,786) due to the sale of Product Design and Technical Documentation. Total capacity was 1,844 (1,855).
In June, Gofore announced the sales of its Product Design & Technical Documentation business to CoE Group and the transaction was completed on September 1, 2026. The net personnel impact of this sale was 107.
During the quarter, Gofore signed new customer relationships and extension agreements with national railway company VR Group, the Finnish Transport Infrastructure Agency, and the Tampere higher education community TUNI, strengthening its position as a development partner for transport, infrastructure, and AI solutions.

January-September 2026

Net sales increased from the previous year by 27.4%, totaling 167.9 (131.8) million euros. Organic growth was 1.6%.
Adjusted EBITA was 13.0 (8.5) million euros, 7.7% (6.4%) of net sales. Adjusted EBITA increased by 1.3 percentage points compared to last year.
The change in customer prices was +1.1% (-3.0%).
Average salary change was -1.1% (+0.1%).
On 2 January, 2026, Gofore completed the transaction of the entire share capital of the German digital transformation expert company Esentri AG. The debt-free purchase price was EUR 10 million, and the already confirmed additional purchase price was EUR 1.5 million.

Events after the review period