Prologue: Revenue Up 13.1% in Q3, Driven by Managed Services
Prologue's growth has changed engines in the third quarter of 2026. According to the press release published on November 12, 2026, group revenue reached €11.6 million, up 13.1% on a pro forma organic basis.
This increase was driven by Managed Services and Integrations, which grew 24.7% to €6.5 million. Software and Related Services, which had driven activity in the first half, grew 1.2%.
The quarter marks a change in the year's trend. Over nine months, pro forma organic growth reached 8.3%, for revenue of €36.4 million. At the end of the first half, it stood at 6.1%, according to the publication of August 10, 2026.
These pro forma figures are unaudited. They exclude the recently divested activities of M2i, O2i and API, and cover only the group's current scope, which offers cloud, cybersecurity, IT infrastructure, connectivity and artificial intelligence solutions.
Managed Services Account for More Than Half of Quarterly Sales
With €6.5 million in the quarter, Managed Services and Integrations represent more than half of the group's revenue. Their 24.7% growth on a pro forma basis accounts for most of the acceleration, while the group's other major activity grew only 1.2%.
This movement contrasts with the first half. At the time of its August 10, 2026 publication, the group reported a slight 1.2% decline in Managed Services and Infrastructure. Conversely, Software and Related Services were then growing 17% on a pro forma basis.
In the third quarter, this order was reversed. Software and related services reached €5.1 million, up 1.2%, while managed services became the group's main growth driver.
Europe Grows 15.7% While Activity Outside Europe Declines
The geographic breakdown shows the same concentration of growth. Europe generated €10.8 million in the quarter, accounting for most of the revenue, and grew 15.7%, a pace faster than that of the group as a whole.
Outside Europe, activity came to €0.8 million, compared with €0.9 million in the third quarter of 2025. This scope, which had grown 6.8% in the first half according to the August 10, 2026 publication, remains of limited weight in the overall figures and does not change the quarter's trend.
An Organic Growth Target Ahead of a High-Base Fourth Quarter
Looking ahead, Prologue says it is “strengthened in its long-term strategy” and states its intention to “continue on its solid organic growth pace.” Annual revenue for 2026 will be published no later than February 15, 2027.
The final quarter of the year will be compared against a particular base. At its half-year publication on August 10, 2026, the group had flagged an unfavorable base effect linked to an exceptional €2 million sale recorded in the fourth quarter of 2025.
For reference, Prologue generated pro forma revenue of €48 million in 2025. In the third quarter, growth relied more on managed services than on software, the reverse of the split observed in the first half.
