Octave Intelligence (OCTV) Q3 FY2026 earnings: revenue $415 million, up 5.6% on the year

Octave Intelligence plc (OCTV) reported revenue of $415 million for Q3 FY2026, the quarter ended 30 September 2026, up 5.6% on the same quarter a year earlier. Net income was $59 million, up 317.4% on the year, and diluted earnings per share $0.22. The figures are the company's own, from the 10-Q it filed with the SEC on 12 November 2026.

Revenue

$415 million

+5.6% on the year · +4.2% on the quarter

Q1 FY2025Q3 FY2026

Operating margin

13.5%

8.3% a year earlier

Q1 FY2025Q3 FY2026

Net income

$59 million

+317.4% on the year

Q1 FY2025Q3 FY2026

Diluted EPS

$0.22

+340.0% on the year

Q1 FY2025Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 3 narrowed, 6 new, 5 kept.

Total revenue grew 6%: Total revenue was $415 million, up from $393 million in the third quarter of 2025.
ARR and SaaS revenue grew: ARR was $1,171 million, up 7% from $1,090 million. SaaS revenue was $91.4 million, up 18%, which management linked to the shift toward recurring revenue.
Cerebre acquisition announced: Cerebre turns fragmented engineering schematics, plant data and engineering knowledge into a connected plant model. Management said combining the two will strengthen industrial AI use cases.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	415	398	393	+4.2%	+5.6%
Cost of revenue	102	92.8	98.0	+10.0%	+4.1%
Gross profit	313	306	295	+2.5%	+6.1%
Gross margin	75.4%	76.7%	75.1%
Research and development	56.2	54.6	46.4	+3.0%	+21.1%
Operating income	56.0	-2,070	32.6		+71.8%
Operating margin	13.5%	-519.5%	8.3%
Interest expense	5.1	1.8	0.0	+188.6%
Pre-tax income	73.6	-2,068	16.6		+344.5%
Income tax	14.6	-97.2	2.4		+503.0%
Effective tax rate	19.8%	n/a	14.6%
Net income	59.0	-1,971	14.1		+317.4%
Net margin	14.2%	-494.6%	3.6%
Diluted EPS	$0.22	-$7.34	$0.05		+340.0%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	95.4	125	102	-24.0%	-6.5%
Capital expenditure	2.4	2.7	2.5	-12.9%	-6.8%
Free cash flow	93.0	123	99.5	-24.2%	-6.5%
Free cash flow margin	22.4%	30.8%	25.3%
Cash from investing	23.6	-59.2	13.3		+78.3%
Cash from financing	-126	65.3	-108
Depreciation and amortisation	50.8	47.5	42.7	+6.9%	+19.0%
Share-based compensation	7.5	3.2	5.5	+133.7%	+37.3%
Diluted shares, weighted	268m	268m	268m	+0.0%	+0.0%
Shares outstanding at period end	268m	268m	n/a	0.0%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	5,147	5,080	7,610	+1.3%	-32.4%
Debt	518	621	n/a	-16.5%
Operating lease liabilities	40.7	39.6	n/a	+2.7%
Other liabilities	896	949	n/a	-5.6%
Total liabilities and equity	6,602	6,690	n/a	-1.3%
Fixed assets	23.2	23.4	n/a	-0.9%
Goodwill	4,553	4,555	n/a	-0.0%
Intangible assets	1,144	1,162	n/a	-1.5%
Cash and equivalents	297	304	109	-2.4%	+172.2%
Receivables	367	376	n/a	-2.3%
Inventory	6.5	n/a	n/a
Other assets	211	270	n/a	-21.9%
Total assets	6,602	6,690	n/a	-1.3%

Questions

What was Octave Intelligence's revenue in Q3 FY2026?

Octave Intelligence (OCTV) reported revenue of $415 million for Q3 FY2026, the quarter ended 30 September 2026, up 5.6% on the same quarter a year earlier.

How much did Octave Intelligence earn in Q3 FY2026?

Net income for Q3 FY2026 was $59 million, up 317.4% on the year, and diluted earnings per share $0.22.

When did Octave Intelligence report Q3 FY2026 results?

Octave Intelligence filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 12 November 2026.

Quarterly results, the last 6 quarters

	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	383	413	393	387	398	415
Cost of revenue	99.6	107	98.0	88.8	92.8	102
Gross profit	283	306	295	298	306	313
Gross margin	74%	74%	75%	77%	77%	75%
R&D	43.4	46.4	46.4	47.5	54.6	56.2
Operating income	73.9	96.9	32.6	63.6	-2,070	56.0
Operating margin	19%	23%	8%	16%	-520%	13%
Interest expense	n/a	0.0	0.0	n/a	1.8	5.1
Pre-tax income	74.5	96.5	16.6	64.0	-2,068	73.6
Tax rate	20%	22%	15%	26%	n/a	20%
Net income	59.5	75.2	14.1	47.4	-1,971	59.0
Net margin	16%	18%	4%	12%	-495%	14%
Diluted EPS	$0.22	$0.28	$0.05	$0.18	-$7.34	$0.22
Operating cash flow	126	123	102	115	125	95.4
Capital expenditure	1.5	2.0	2.5	2.4	2.7	2.4
Free cash flow	124	121	99.5	113	123	93.0
Shares outstanding	n/a	n/a	n/a	268m	268m	268m
Filing	10-Q	10-Q	10-Q	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 12 November 2026: the filing.