Octave Q2 FY26 net loss widens to $1.97 billion; revenue falls 4% y/y to $398 million

Reuters2026/08/12 11:02

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Octave Intelligence posted Q2 total revenue of USD 398 million, down 4% year over year.
Net results swung to a loss of USD 1.97 billion, with EPS turning to a loss of USD 7.34.
Recurring revenue rose 6% to USD 283 million; ARR climbed 7% to USD 1.14 billion.
Cash flow from operations totaled USD 125 million; free cash flow reached USD 93 million.
Launched Octave CoLabs in July; completed separation from Hexagon in May; acquired VXG Inc. to expand its physical security portfolio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Octave Intelligence plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608120700PRIMZONEFULLFEED1001257234) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Octave Q2 FY26 net loss widens to $1.97 billion; revenue falls 4% y/y to $398 million

You may also like

Crypto prices