GFT stock: Strong nine-month growth prompts higher 2026 guidance

GFT Technologies reported stronger growth and profitability for the first nine months of 2026 on Thursday, November 12. In its financial release, the company said revenue rose 7 percent to EUR 700.9 million from January through September.

Adjusted EBIT increased 16 percent to EUR 52.9 million, lifting the adjusted EBIT margin by 0.6 percentage points to 7.6 percent. Earnings before taxes rose 24 percent to EUR 40.0 million, while net income advanced 27 percent to EUR 28.5 million.

AI demand supports regional growth

GFT said the Americas and APAC segment grew revenue 15 percent to EUR 371.5 million, supported by Brazil and Colombia. The European business gained momentum in the third quarter, when revenue increased 5 percent.

The Wynxx Agentic AI Platform generated influenced revenue of EUR 38.1 million in Software Engineering during the period. The Wynxx Business Process Suite contributed EUR 24.3 million. GFT also highlighted a Deutsche Bank core banking modernization mandate and an Itaú Unibanco deployment that reduced migration time by up to 70 percent, according to the company.

Company raises full-year targets

GFT raised its 2026 outlook to revenue of EUR 945 million and adjusted EBIT of EUR 72 million. The company expects an adjusted EBIT margin of 7.6 percent and EBT of EUR 56 million. The order backlog stood 22 percent above the prior-year level at September 30.

GFT stock traded at 27.75 euros on Lang & Schwarz at 13:06 CET on Thursday, November 12, 2026, 1.07 percent below the Xetra close of Wednesday, November 11.

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