Wavestone Sees Modest Revenue Growth in Q3 2025/26

Wavestone reported a 3% increase in revenue for Q3 2025/26, reaching €247.1 million. This marks a 2% organic growth when excluding Wivoo, a recent acquisition. The quarter benefited from a 1% working day gain.

For the nine months of 2025/26, revenue rose by 1% to €705.0 million, remaining stable organically. The consultant utilization rate saw improvement, averaging 72%, compared to 71% in the first half. Daily rates slightly increased to €938 on a constant scope basis.

Wavestone's workforce numbered 6,064 by the end of December 2025, with a turnover rate of 12%. Looking ahead, Q4 hints at positive growth, though challenged by reduced subcontracting revenue. AI projects significantly contribute to revenue, expected to rise to 14% of total income.