Temenos raises 2028 core earnings targets

Temenos AG

24/02/2026 17:15

Adds details on guidance

Feb 24 (Reuters) - Banking software company Temenos TEMN.S on Tuesday raised its core earnings targets for 2028 saying it now expects core earnings of around $480 million dollars compared to around $450 million projected in November 2024.

Here are some details:

     • The company said that its 2026 full year core earnings will grow by 9% compared to the previous year.

     • The software provider added that the 2026 guidance includes a negative headwind for core earnings of 4% due to the termination of one buy now pay later client in 2025

     • Temenos previously
reported
 core earnings (EBIT) for 2025 above expectations at 371.9 million dollars compared to a company-provided consensus of 352.7 million.

     • Temenos will hold its capital markets day on Wednesday

 (Reporting by Cian Muenster; Editing by Matt Scuffham)

 ((Cian.Muenster@thomsonreuters.com;))