Germany's Serviceware Q2 revenue rises on AI-native platform demand

Serviceware SE

24/07/2026 07:10

    

    Overview
  
Germany enterprise service software firm's Q2 total revenue rose 20.6% yr/yr
SaaS/Service revenues for Q2 grew 19% yr/yr
EBITDA up 4.5% in H1 despite one-time expenses; full-year guidance confirmed

    

    Outlook
  
Serviceware confirms full-year 2025/2026 guidance for revenue growth of 5-15%
Company expects significant increase in full-year EBIT and EBITDA

    

    Result Drivers
  
AI-NATIVE PLATFORM DEMAND - Co said strong demand for its AI-native Serviceware Platform drove revenue growth, with more companies adopting its solutions for digitalization and automation of service processes
ORDER BACKLOG - Order backlog rose 20.2% versus end of last fiscal yr, reflecting new customer wins across industries
ONE-TIME EXPENSES - EBITDA rose 4.5% in H1 despite planned one-time expenses for group and personnel optimization, mainly in AI areas

    
Company press release: ID:nPexGHx4Ca

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 SaaS/Service Revenues
 
EUR 26.20 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Serviceware SE is €29.00, about 104.2% above its July 23 closing price of €14.20
The stock recently traded at 36 times the next 12-month earnings vs. a P/E of 46 three months ago

    

    Reuters Recommended Reads
  
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July 23 - SAP trims 2026 profit goal, signalling cost of AI push
July 22 - ServiceNow raises annual subscription revenue forecast again on AI-driven demand

    
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)