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Last updated : 06/10/2026 - 11h16
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Logic Instrument: Revenue of €59 Million over Nine Months (+127%), €75 Million Target Confirmed

Logic Instrument published on October 5, 2026 cumulative revenue of €59 million at the end of September and confirmed its target of exceeding €75 million over the entire 2026 financial year. The group also reaffirmed its intention to significantly improve profitability in the second half.

This publication is in line with the roadmap presented during annual results published on March 15, 2026, which already set €75 million as the target for the current financial year. After nine months of activity, the designer of rugged tablets, smartphones and laptops, based in Igny, maintains this course.

The main takeaway from the publication concerns the nature of growth: the company links it notably to the defense sector, a market on which it has strengthened itself through several acquisitions.


Logic Instrument: Revenue of €59 Million over Nine Months (+127%), €75 Million Target Confirmed

€59 Million in Revenue over Nine Months, up 127%

Over the first nine months of the 2026 financial year, Logic Instrument achieved cumulative revenue of €59 million. This amount increased by 127% compared to the same period in 2025, according to the statement published by the group.

To put this in perspective, the complete 2025 financial year resulted in revenue of €38.78 million, according to annual results published on March 15, 2026. The target of more than €75 million set for 2026 is therefore compared to this annual base.

Today's publication focuses exclusively on business activity. It allows tracking the revenue trajectory against the annual target.

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Logic Instrument indicates that its growth is notably driven by the defense sector. The group develops and markets tablets, smartphones and laptops intended for hostile environments and the business world, under Google Android and Microsoft Windows operating systems.

The company has expanded its offering through external growth operations: the acquisition of Elexo, specialized in defense, as well as those of Artic Distribution, Glacier Computer and Distrame. According to the statement, these combinations have made it possible to expand the product range and the group's deployment in its vertical markets, notably defense.

The economic mechanism described by the company is therefore twofold: an expansion of the offering through acquisitions and increased exposure to a specialized market, that of IT equipment intended for demanding environments. Founded in 1987, Logic Instrument indicates it operates on all continents.

€75 Million Target Confirmed for 2026 Financial Year

The group confirmed its target of exceeding €75 million in revenue for the 2026 financial year. This threshold corresponds to the guidance already presented during the publication of annual results on March 15, 2026: the target is therefore maintained at the end of the first nine months.

Before the publication, the sole analyst identified in our consensus of October 4, 2026 anticipated revenue of €79 million for the current financial year. This estimate is above the €75 million threshold that the company aims to exceed, without contradicting it.

Logic Instrument also reaffirmed its intention to significantly improve profitability in the second half of 2026. The group's CEO, Loïc Poirier, is the designated contact for this publication.

The most structuring element of the publication remains the level of activity reached at the end of September: €59 million in cumulative revenue, up 127%, with an annual target of more than €75 million confirmed.

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Sector Machines et équipements industriels › Équipements électroniques


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 39,7 millions d'euros
  • Quarterly revenue: 39,7 millions d'euros
  • Revenue growth: 105,7 %
  • Net income: 0,5 millions d'euros
Guidance from the release
  • « Prévisions maintenues à plus 75 M€ de chiffre d'affaires en 2026 et un résultat opérationnel > à 2,3 % du CA » — prévision RECONFIRMÉE le 05/10/2026 (« Le Groupe confirme son objectif de dépasser les 75M€ sur l'année 2026 et d'améliorer sensiblement sa rentabilité sur le second semestre 2026 »).
Risks mentioned
  • Hausse des prix matières dans l'électronique et la mémoire impactant la marge brute d'environ 4%
  • Augmentation des charges d'exploitation liée à l'intégration de nouvelles sociétés consolidées
  • Charges du projet Tempest pesant sur les résultats avant sa mise en service en septembre 2026
Opportunities identified
  • Remportée de l'appel d'offre de l'OTAN via la centrale d'achat NSPA pour les solutions mobiles sur 3 ans
  • Première commande OTAN livrée fin juin 2026, chiffre d'affaires futur attendu très significatif
  • Croissance de la trésorerie brute à 9,2 M€ contre 8,7 M€ un an plus tôt
Outlook / guidance
  • Expected revenue: 75 millions d'euros
  • Management commentary: PRÉVISIONS 2026 : « Le chiffre d'affaires 2026 est attendu à plus de 75 M€ avec une rentabilité améliorée sur l'exercice. […] Au second semestre est prévu un chiffre d'affaires de l'ordre de 40 M€. La marge devrait s'apprécier de plus de 3% par rapport au premier semestre 2026. L'objectif serait d'atteindre un résultat d'exploitation supérieur à 1,5 M€ sur le second semestre et de permettre au groupe d'atteindre un résultat d'exploitation de l'ordre de 1,8 M€ sur l'exercice 2026. » Tableau de prévisions : CA 79,7 · Marge Brute 16,6 · Charges d'exploitation 14,8 · Résultat d'exploitation 1,8 · REX en % des ventes 2,3 %. AMBITION 2027 (sans montant de CA) : « Pour l'exercice 2027, le groupe entend continuer à croître fortement, à concentrer ses efforts pour créer de la valeur et viser un résultat d'exploitation supérieur à 3,5 % du chiffre d'affaires. »

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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