Earnings call transcript: Talenom’s Q3 2026 profit improves as growth stays modest

Talenom reported a significant improvement in Q3 2026 earnings as revenue growth remained modest. The Finnish accounting and software services firm saw comparable EBITDA increase by 19.6% and operating profit climb 55% year over year. The company maintained its full-year 2026 guidance, with net sales projected to reach between EUR 110 million and EUR 120 million, and comparable EBITDA between EUR 18 million and EUR 22 million.

Despite modest revenue growth of 3.6%, profitability surged, driven by cost control measures, stronger margins, and the company's software-neutral strategy leveraging artificial intelligence. Talenom's three markets performed differently: Finland, its largest market, remained the main profit engine; Sweden showed stabilization with lower sales but a sharp improvement in EBITDA; and Spain delivered strong growth but faced integration costs and higher software expenses.

The stock rose 4.78% to $1.18 in pre-market trading, though it still lags behind its 52-week high of $3.30, trading at a market cap of $60.6 million and a return on assets of 15.8%. Management highlighted the company's "ONE Talenom" operating model, focusing on centralized processes and local expertise across all markets.