Planisware Reports 10.3% Growth and Increases Profitability by 2025
The B2B SaaS software group Planisware released its 2025 results on Thursday, marked by double-digit growth at constant exchange rates and a significant improvement in profitability. Despite a challenging economic environment, the company recorded a commercial revitalization at the end of the year.
Financial Performance Highlights
Planisware achieved a turnover of 198.0 million euros in 2025, up by 10.3% at constant exchange rates. This growth was focused on SaaS and hosting contracts, which increased by 16.7%, while support activities rose by 12.5%. The adjusted EBITDA reached 74.1 million euros, representing 37.4% of the turnover, thus exceeding the revised target of 36% set in July 2025. This outperformance of 220 basis points reflects the conversion of revenue growth into earnings, combined with positive scale effects and operational efficiency gains related to the deployment of artificial intelligence tools. Operating income increased by 31.7% to 60.8 million euros, while net income stood at 50.0 million euros, up by 17.0%.
Cash Flow and Financial Position
Planisware generated an adjusted free cash flow of 59.3 million euros in 2025, up by 8.7%, with a conversion rate of 80.1%, in line with the annual target. The gross margin reached 73.8% of the turnover, an improvement of 110 basis points. The net cash position strengthened to 195.6 million euros as of December 31, 2025, compared to 176.1 million euros a year earlier, with no significant financial debt except for lease liabilities of 17.6 million euros. The group plans to pay a dividend of 0.36 euros per share, up by 16.1%, representing 50% of the net income for a total amount of 25.2 million euros.
Commercial Revitalization in Q4 2025
In the fourth quarter of 2025, Planisware recorded a commercial revitalization after several quarters marked by limited visibility and extended sales cycles. The group signed 24 new Enterprise clients in the second half of 2025, particularly in banking, insurance, life sciences, and energy sectors. The net retention rate stood at 110% in 2025 compared to 117% in 2024, while the churn rate decreased to 1.4% from 2.0% previously. The total workforce increased by 12.0% with 90 new employees hired, mainly in Europe for R&D teams and in the APAC region to meet demand in Singapore and the Middle East.
