ASBISc Q3 2026 slides: AI infrastructure drives 135% revenue surge

ASBISc Enterprises Plc, a Cyprus-based technology distributor, reported remarkable financial results for Q3 2026 and the nine-month period ending in March 2026. The company's revenue surged 135% year-over-year to $2,187 million in Q3 2026, with net income increasing 343% to $51.6 million and gross profit rising 106% to $135 million.

This period marked ASBISc's first time exceeding $2 billion in quarterly revenue. The significant growth was primarily driven by demand for AI infrastructure, with servers and server blocks becoming the fastest-growing and largest product category, accounting for 54% of total revenue. NVIDIA GPU servers contributed 82% of server sales, with a $530 million pipeline across 281 projects.

The company's expansion into new markets, particularly in the Netherlands, Taiwan, Ukraine, and Kazakhstan, played a crucial role in driving the revenue surge. Western Europe, driven by AI infrastructure investments, became the largest revenue contributor, with a 590% year-over-year increase in Q3 2026. ASBISc demonstrated strong operational leverage, with revenues doubling and profitability quadrupling while maintaining a flat workforce.

The company's balance sheet strengthened, with cash reserves up 143% and net debt reduced by 98%. Strategic retail initiatives, including the opening of a Bang & Olufsen store in the United States and expansion of iSpace Apple reseller stores in the Commonwealth of Independent States, further contributed to the company's impressive financial performance.