Asseco Business Solutions ended the second quarter of 2026 with a net profit of PLN 28.9 million, up 27 per cent on the previous year. Revenue rose by 9.2 per cent to PLN 115.8 million, whilst operating profit increased by nearly 33 per cent to PLN 33 million. The figures for the first half of the year are even stronger: net profit rose by 40.5 per cent to PLN 72 million, whilst revenue increased by 14.8 per cent to PLN 246.1 million. EBITDA rose by 36 per cent to nearly PLN 102 million.
It is not only the growth in sales that is key, but also the improvement in profitability. The EBITDA margin for the first half of the year rose from 35 per cent to 41.4 per cent. The ERP systems segment saw its revenue increase by 16.4 per cent, whilst its profit on sales rose by as much as 45.7 per cent. At the same time, costs rose more slowly than sales. Expenditure on employee benefits increased by 6.3 per cent, a rate similar to the growth in wages in the Polish corporate sector, which stood at 5.9 per cent year-on-year in June.
The market environment is favourable for business software providers. In 2026, the mandatory KSeF system was rolled out to businesses in stages from February and April, increasing the importance of integrating financial, accounting and ERP systems with the state-run e-invoicing platform. Asseco BS is developing such functionalities alongside cloud services and AI-based solutions.
However, the sale of its stake in Tax Order meant that, as at the end of June, Asseco BS no longer had any subsidiaries and did not prepare a consolidated half-yearly report. Tax Order was a small operation, so the impact of this change on the results is limited. A more significant indicator is the growing profitability of the core business. If the company maintains its sales growth whilst keeping costs under similar control, profits may continue to grow faster than revenue.
