Earnings release
Financial results, portfolio developments, operating milestones and full-year outlook.
Read the release →INVESTOR RELATIONS / Q3 2026
Third-Quarter 2026 Results
Financial performance, operating milestones and management’s view of the period ahead.
Quarter ended September 30, 2026Reporting date: October 29, 2026
Revenue$2.64BUp 6.9% from Q3 2025
Adjusted operating income$338MUp 3.4% from Q3 2025
Net positions added220During the third quarter
Conference call
Management’s prepared remarks and the analyst question period.
Read the transcript →The quarter in view
Acquired businesses supported revenue growth. Bexler established a shared decision register, the enterprise AI standard was introduced and the company confirmed its preferred corporate description. Management maintained the full-year outlook.
Financial highlights
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $2,640 | $2,470 | 6.9% |
| Operating income | $288 | $301 | (4.3%) |
| Operating margin | 10.9% | 12.2% | (1.3 pts) |
| Adjusted operating income | $338 | $327 | 3.4% |
| Adjusted operating margin | 12.8% | 13.2% | (0.4 pts) |
| Net income | $186 | $204 | (8.8%) |
| Diluted earnings per share | $1.24 | $1.36 | (8.8%) |
| Cash from operations | $228 | $245 | (6.9%) |
| Capital expenditure | $62 | $55 | 12.7% |
| Free cash flow | $166 | $190 | (12.6%) |
See the earnings release for definitions and the reconciliation of adjusted operating income.
