Altus Group grew Q2 revenue 6.00 percent for Altus Group stock holders

Published on 10/15/2026 at 21:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Altus Group lifted adjusted EBITDA 34.00 percent in Q2 2026. Altus Group stock costs EUR 31.10 on October 15, 2026 at 9:42 p.m. CEST.

Growth and reporting date

Altus Group reported 6.00 percent revenue growth for the second quarter of 2026 on October 13, 2026.
Adjusted EBITDA increased 34.00 percent in the second quarter of 2026.
Altus Group stock costs EUR 31.10 at Lang & Schwarz on October 15, 2026 at 9:42 p.m. CEST.
Altus Group plans to release third-quarter 2026 results on November 5, 2026.

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Altus Group grew revenue 6.00 percent in the second quarter of 2026, while adjusted EBITDA increased 34.00 percent. The figures came from the company's earnings call covering the period ended June 30, 2026, summarized by Benzinga on October 13, 2026. Altus Group stock was trading at EUR 31.10 at Lang & Schwarz on October 15, 2026 at 9:42 p.m. CEST.

Software growth leads the quarter

The strongest operating signal was in recurring software activity. Software annual recurring revenue rose 10.40 percent to CAD 206.80 million in the second quarter of 2026, while net revenue retention reached 106.90 percent, according to the same Benzinga transcript. The company said software revenue grew at a double-digit rate for the second consecutive quarter, with VMS revenue up 7.00 percent.

The earnings mix also included important adjustments. Altus Group said net income was affected by an unfavorable foreign-exchange swing of CAD 10.70 million and one-time strategic costs of CAD 5.20 million in the second quarter of 2026. Adjusted measures therefore provide the clearer view of operating progress for this period.

Results date is November 5

Altus Group plans to release its third-quarter 2026 results after market close on November 5, 2026, followed by a conference call at 5:00 p.m. ET, Markets Insider reported on October 8, 2026. That date gives investors the next scheduled checkpoint for the revenue and margin trajectory.

Comparison with peers

Altus Group (TSX, CAD): plus 2.87 percent, P/E minus 80.54, market capitalization CAD 1.7 billion.
Colliers International Group (TSX, CAD): plus 5.00 percent, P/E 36.33, market capitalization CAD 6.4 billion.
Constellation Software (TSX, CAD): plus 4.34 percent, P/E 51.58, market capitalization CAD 69.4 billion.

Market value and trading position

Altus Group had a market capitalization of CAD 1.7 billion on October 15, 2026. Its TSX price was CAD 49.49 at 3:47 p.m. ET, compared with a 52-week range of CAD 36.97 to CAD 59.03. The stock remained below the upper end of that range, while its reported price-to-earnings ratio was minus 80.54 and its trailing dividend yield was 0.01 percent.

The company ended the second quarter of 2026 with CAD 61.90 million in cash and CAD 272.48 million in total debt. Operating cash flow was CAD 1.43 million for the quarter, according to the standardized financial statements for the period ended June 30, 2026.

Price and next date

Altus Group stock was trading at EUR 31.10 at Lang & Schwarz on October 15, 2026 at 9:42 p.m. CEST. The next scheduled company event is the third-quarter 2026 results release on November 5, 2026.