According to preliminary figures, Temenos generated revenue of 314,6 million dollar in the fourth quarter. This represents an increase of 11 per cent compared with the adjusted prior-year figure, the company said in a statement on Thursday.

Recurring annualised revenue amounted to 860 million dollar in the final quarter, up 12 per cent year on year.

For the full year, revenue also rose by 11 per cent to 1,07 billion dollar. At constant exchange rates, this corresponds to growth of 10 per cent.

The comparative figures were adjusted to exclude the fund administration software business (Multifonds), which was sold in the second quarter of 2025.

Positive Momentum Continues

«The company delivered a strong performance in the fourth quarter of 2025, continuing the positive momentum of the previous quarters, which allowed us to achieve full-year growth at or above our guidance across all key metrics,» said CEO and CFO ad interim Takis Spiliopoulos. In the first year of its strategic repositioning, the company achieved product revenue growth above the market level.

«We invested across all areas of the business in the fourth quarter and will continue to do so in 2026 to ensure we have the necessary resources to meet our growth objectives. Our costs increased as expected during the quarter, which, combined with the revenues achieved, resulted in strong EBIT growth,» the CEO added.

Margin Up by Three Percentage Points

Adjusted operating profit at the EBIT level improved by 22 per cent over the full year to 371,9 million dollar. The corresponding margin rose to 34,7 per cent from 31,6 per cent, while free cash flow increased by 15 per cent to 256,4 million dollar.

Software-as-a-service (SaaS) licence revenues increased by 7 per cent in the quarter to 151,7 million dollar and by 10 per cent for the full year to 425,5 million dollar. The maintenance revenue segment grew by 17 per cent in the quarter to 131,3 million dollar and by 14 per cent for the year to USD 490,3 million.

The company benefited from a stable sales environment, concluded new contracts and also saw solid demand from existing clients.

The full report will be published on 24 February.