GFT Technologies Raises Guidance After Strong Nine-Month Results

GFT Technologies AG increased its full-year revenue guidance to EUR 945 million after reporting a 7% increase in revenue to EUR 700.9 million for the first nine months of 2026. This revision, up from a previous estimate of EUR 930 million, signals growing confidence driven by strong earnings in the third quarter and the expanding influence of its artificial intelligence (AI) solutions.

The strong performance is reflected in a 16% increase in adjusted EBIT to EUR 52.9 million, significantly higher than the 8% growth seen in the first half of the year. This improvement brought the adjusted EBIT margin to 7.6%, a 0.6 percentage point increase year-over-year. Earnings before taxes (EBT) also saw substantial growth, rising 24% to EUR 40.0 million. These gains are attributed to workforce efficiency, reduced operating costs, and favorable currency effects, alongside strategic investments in AI and sales.

A key driver of this success is the company’s proprietary Wynxx Agentic AI Platform, generating EUR 38.1 million in influenced revenue in Software Engineering and EUR 24.3 million in the Wynxx Business Process Suite. Recent contracts, including a partnership with Deutsche Bank for core banking modernization and the deployment of Wynxx Batch2Cloud at Itaú Unibanco—reducing migration times by up to 70%—demonstrate the platform’s growing market traction. The company’s order backlog is 22% higher than the prior year, supporting continued growth.

The company’s ability to deliver significant profitability alongside continued investment in AI is noteworthy. The results demonstrate the company’s strong position within the industry, driven by demand for AI-driven modernization and cloud-based transformation, particularly in Latin America, which saw 15% revenue growth. GFT now expects an adjusted EBIT margin of 7.6% for the full year, and a EBT margin of 6%, further solidifying its financial momentum.