secwatch.observer — SEC 8-K summary
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Issuer:     Octave Intelligence plc (OCTV)
CIK:        0002083632
Form:       8-K
Filed at:   2026-08-12T11:02:21+00:00
Accession:  0001628280-26-055939
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2083632/000162828026055939/0001628280-26-055939-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2083632/000162828026055939/octv-20260812.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-055939

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