Paris – October 13, 2026 -- Ekinops reported Q3 2026 revenue of €31.9m, up 43% on Q3 2025 (+42% at constant scope and exchange rates) and up 4% sequentially from Q2 2026, and raised its full-year growth target to high single digits.
Nine-month sales reach €90.1m, up 13%
Revenue for the first nine months of 2026 totaled €90.1m, up 13% year on year (+11% at constant scope and exchange rates). Olfeo, consolidated since June 1, 2025, contributed €1.8m to Q3 revenue. Chimere, consolidated since April 1, 2026, made a non-material contribution, as expected.
Optical Networks grows 19% while Connectivity & SASE Networks gains 10%
Optical Networks sales rose 19% over nine months, driven by sustained growth in Europe excluding France and continued momentum in North America from H1. Connectivity & SASE Networks grew 10%, helped by Olfeo and solid North American activity. Cybersecurity, reported within that segment, accounted for 6% of nine-month Group revenue.
Software & Services made up 21% of Group revenue over nine months, down from 23% a year earlier.
North America surges 32% as Connectivity volume doubles
North America, 22% of Group revenue, grew 32%. Optical Networks sales kept rising, and business volume in Connectivity & SASE Networks doubled.
France, 43% of revenue, rose 15% on Olfeo's contribution and strong Connectivity sales. Europe excluding France, 29% of revenue, grew 2%: strong Optical Networks sales offset a decline in Connectivity. The rest of the world, 5% of revenue, gained 4%.
Ekinops targets high single-digit FY2026 growth, flags component constraints
Ekinops now targets high single-digit growth for FY 2026, up from single-digit growth previously. It cites momentum across all business lines, strength in North America and the first deployments under the framework agreement with Proximus.
The company has faced supply and price constraints on certain electronic components for several months. Some customers pulled forward orders originally expected at year-end into the summer to avoid shortages or price increases. Ekinops warned that deliveries over the coming months could be more volatile.
Indirect sales rollout targets one or more agreements by year-end
Under its Bridge strategic plan, Ekinops is in advanced discussions with integrators, distributors and resellers. It expects to sign one or more agreements by year-end across all regions and its portfolio.
Development continues on the PTM (Photonic Transport Modular) product line for the DCI (Data Center Interconnect) market and on sovereign SASE solutions. Initial deliveries of both remain scheduled for year-end.