CM.com: Revenue up 9% in third quarter 2026, EBITDA up 47%
CM.com published its third quarter 2026 activity report on October 16, 2026: revenue up 9% and EBITDA up 47%. The central element of this publication lies in the gap between these two rates: over the period, the result aggregate increased in a proportion significantly higher than that of revenues. This update follows fiscal year 2025, which closed with revenue of €259 million, with negative operating income and negative net income, according to annual accounts published on February 17, 2026. For the customer communication and payments platform, EBITDA growth is one of the main financial indicators published this quarter.
Revenue up 9%, EBITDA up 47%
The group summarized its third quarter 2026 in two figures: revenue up 9% and EBITDA up 47%. CM.com presented this publication as its quarterly results. The publication is accompanied by a complete press release, a presentation and financial statements prepared in accordance with IFRS standards, made available in Excel format. The two percentages highlighted by the company constitute the indicators selected at the head of its communication to characterize the period.
EBITDA progresses well beyond activity
The gap between the two growth rates is the main information from this quarter. A 47% increase in EBITDA for a 9% advance in revenue means that the growth of the result aggregate cannot be explained solely by growth in billed volumes. Operating income before depreciation and amortization increased in a proportion well above that of revenue. This observation gains significance in light of the previous fiscal year. When publishing annual results on February 17, 2026, CM.com had reported for fiscal 2025 revenue of €259 million, negative operating income and negative net income, with no dividend paid. The group's business covers several families of offerings: professional messaging (SMS gateway, email, voice and SIP telephony), payments (terminals, payment links, recurring payments, transaction processing), ticketing for events, museums and parks, as well as mobile marketing tools and a customer data platform.
Consensus of €270 million revenue for 2026
Prior to publication, analyst expectations were oriented upward. According to the consensus noted on October 15, 2026, the two analysts following the stock anticipated revenue of €270 million on average for fiscal year 2026 (range of €269 to €270 million), compared to €259 million in 2025. On earnings per share, these same analysts expected an average of €0.01 for the current fiscal year, an estimate raised by 150% over the past thirty days. For fiscal year 2027, the consensus stood at €283 million in revenue and €0.12 earnings per share on average (range of €0.09 to €0.15). These estimates concern the full fiscal year and are not directly comparable to published quarterly variations. The most structuring fact remains the 47% increase in EBITDA in the third quarter 2026, for revenue up 9%.
