• Total Revenue up 3.9% to €138.4m, 6.3% on constant currency basis
• Subscription revenue up 8.2% to €75.6m, 54.6% of total revenue
• Positive Free Cash Flow of €6.4m, guidance achieved

FINEOS Corporation Holdings PLC reported its financial results for the full year ended 31 December 2025 (FY25). Total revenue increased 3.9% to €138.4 million, or 6.3% on a constant currency basis. Subscription revenue grew 8.2% to €75.6 million, representing 54.6% of total revenue. FINEOS also achieved positive free cash flow of €6.4 million, meeting its guidance. Gross profit margin improved to 76.2%, up from 75.4%, while EBITDA margin increased to 21.9% from 15.2% in the prior corresponding period. Net profit after tax was €1.0 million, a significant improvement from the €5.8 million net loss in the prior year. The company won four new name carriers during the year and continued to focus on operational efficiencies, with total operating expenses declining 6.3%. FINEOS is confident in its growth prospects, supported by its existing client base, strong pipeline, and ongoing focus on cost efficiency.

Revenue is guided to be between €147m - €152m in FY26, supported by strong pipeline and locked in revenues with many existing clients. The company expects to continue growing profitability and cash generation in FY26.

FINEOS expects subscription fees to increase as a percentage of total revenues to 65% in FY27 and 75% in FY29. R&D investment is expected to decrease as a percentage of total revenue to 30% in FY27 and 25% in FY29. Gross Margin is targeted to remain at 75% in FY27 and increase to 80% in FY29, while EBITDA is aiming to increase to 25% in FY27 and 40% in FY29.