Octave Q2 revenue falls 4% YoY to $398M; $2.1B non-cash impairments drive $1,971M net loss

Octave Intelligence plc

Total revenue $398M, down 4% YoY as-reported and 1% organic constant currency; recurring revenue $283M up 6%.
ARR $1,143M up 7% YoY from $1,066M; SaaS revenue grew 21%; cash flow from ops $125M, FCF $93M.
Non-cash impairments of $2,135M: $1,671M goodwill charge after spin-off market cap fell below carrying value, $464M trademark charge.
Net loss $1,971M ($7.34 EPS) vs net income $75M a year ago; adjusted EPS flat at $0.36.
FY26 guidance: revenue $1,635-1,665M, ARR $1,185-1,205M, adj operating margin ~30%; completed Hexagon separation, acquired VXG.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.