IT Link: Revenue up 2% in Q2 2026, driven by services
After a low point in the first quarter, IT Link announced on August 6, 2026 a return to revenue growth in the second quarter.
The improvement in activity rate leads the group to refine its annual forecasts, while solution-related activities remain lagging.
Quarterly revenue of 20.86 million euros, up 2%
In the second quarter of 2026, IT Link generated revenue of 20.86 million euros, growing 2.0% compared to the same period in 2025 (2.2% at constant exchange rates). France grew 2.2%, to 17.34 million euros, and international operations grew 1.0%, to 3.52 million euros (2.7% at constant exchange rates).
Over the half-year, revenue reached 41.89 million euros, declining 0.9% compared to H1 2025 (down 0.5% at constant exchange rates). France declined 0.5%, to 34.91 million euros, and international operations declined 3.2%, to 6.99 million euros.
By activity type, service delivery increased 3.7% in the second quarter, to 18.49 million euros, while solution activities (fixed-price development and license sales) fell 9.7%, to 2.37 million euros.
Activity rate rises to 92.4% and headcount increases
The group indicates that the activity rate reached 92.4% in the second quarter, compared to 89.9% in the first quarter. The activity rate measures the number of billable days relative to the number of potential productive days.
Management attributes the recovery from the shortfall in the first quarter to commercial momentum in the automotive, transport, banking and defense sectors.
Solution activities remain lagging, which the group attributes to a wait-and-see situation among major historical clients, particularly in the public sector. As of June 30, 2026, headcount stood at 905 employees, compared to 880 a year earlier, and total productive headcount reached 937 consultants, compared to 909.
Annual growth expected between 1.5% and 2.5%
For the full year 2026, IT Link now targets revenue growth between 1.5% and 2.5%. The group aims for current operating profit around 6% for the year, with a profitability gap between the first half (impacted by periods between assignments in the initial months) and the second half.
Management indicates it remains attentive to macroeconomic and geopolitical contexts. IT Link will publish its first-half results on September 24, 2026.
