Atos Se · EURONEXT:ATO
Atos — Q3 2026 Earnings Presentation
32 slides from Atos's earnings presentation, Oct 21, 2026
Slide 1: Atos Group Q3 2026 Performance
Atos Group Q3 2026 Performance October 21, 2026
Slide 2: Today's presenters
Today’s presenters Philippe Salle Jacques-François de Prest Group Chairman & CEO Group CFO 2 | 21/10/2026 | Q3 26 Performance | © Atos Group - for external use
Slide 3: Disclaimer
Disclaimer This document contains forward -looking statements that involve risks and uncertainties, including references, concerning the Group’s expected growth and profitability in the future which may significantly impact the expected performance indicated in the forward - looking statements . The
Slide 4: Today's agenda
Today’s Today’sagenda agenda Q3 2026 Business highlights Q3 2026 Performance Operating Operational by Segment performance Q3 2026 Financial results Outlook Questions & Answers
Slide 5: Q3 2026 Business highlights
01 Q3 2026 Business highlights Philippe Salle Group Chairman & CEO
Slide 6: Q3 2026: another quarter of strong execution, on track to achieve full-year targets
Q3 2026: another quarter of strong execution, on track to achieve full-year targets Continued Genesis continues to outperform its sequential performance improvement initial objectives Full -year targets confirmed Commercial activity Acceleration in the Group’s reflecting usual summer seasonality str
Slide 7: Key milestone reached: operations turn cash positive in Q3
Key milestone reached: operations turn cash positive in Q3 for the first time since Genesis launch REVENUE ORDER ENTRY €1,642 m €1,024 m at current perimeter 1 Book -to -bill: 62% (-2.4% yoy organic growth for Atos & Eviden SBUs) (down 8 pts from 70% in Q3 25) NET CHANGE IN CASH 2 LIQUIDITY c. €44 m
Slide 8: Stabilization achieved with third consecutive quarter of improvement in organic growth
Stabilization achieved with third consecutive quarter of improvement in the organic growth trajectory Atos & Eviden SBUs revenue and organic growth by quarter (in € million, at current perimeter 1) 0% 2 500 -3,1% -3,5% -2,4% -5,1% -5,8% -8,8% 2 000 -11,0% Revenue stabilization -10% 1 500 -13,9% -17,
Slide 9: Genesis still outperforming as growth complements simplification
Genesis still outperforming as growth complements simplification 124% target savings completed Growth & offering Simplification portfolio management • Accelerated initiatives to support the • Further progress in restructuring three strategic technology growth plan execution, with c. €50m pillars pre
Slide 10: Workforce evolution reflecting Genesis execution
Workforce evolution reflecting Genesis execution -2.6% 54 476 - 1 336 53 071 -1 398 -1 343 Voluntary attrition rate Q3 2026 = 10.4% vs 14 .7% in Q3 2025 Headcount as of Scope Hirings Leavers Restructuring, dismissals Headcount as of 30/06/2026 & others 30/09/2026 10 | 21/10/2026 | Q3 26 Performance
Slide 11: Solid commercial activity despite usual summer seasonality
Solid commercial activity despite usual summer seasonality Book-to-bill Qualified pipeline Renewal rate at 62% in Q3 2026 modest increase Growing YTD at c. 93% down c. 7 pts during Q3 2026 (vs. 91% Q3 YTD 2025) (vs 70% Q3 2025) after €1,660m up in H1 2026 due to the lack of large deal signature oppo
Slide 12: Atos strategic pillars strong momentum
Atos strategic pillars strong momentum Industry Analyst Recognitions Q3 2026 Agentic AI Digital Sovereignty Cybersecurity Gartner From pilots to production: Launched Atos Sovereign Cloud, Certified, AI-enabled security A Tech Innovator in GenAI agentic AI scaling across clients, designed and enginee
Slide 13: Successfully delivering value to our customers
Successfully delivering value to our customers A A A A SPIE FLENDER S UGAP C BARCELONA CITY One of Europe's leading multi- Global drive-systems maker runs France's national public S COUNCIL technical services providers is an Atos sovereign AI agent for procurement agency selected engineering R&D, fu
Slide 14: Atos Client Zero: internal adoption of agentic AI
Atos Client Zero: internal adoption of agentic AI Enterprise capability progress and value realization across internal operations Enterprise capability progress Value realization Strategy Enterprise Compliance & Certifications (ECC) SAIL leadership cohort supporting executive stewardship • 20+ AI ag
Slide 15: Best-in-class cyber resilience at machine speed
Best-in-class cyber resilience at machine speed Specialized AI agents collaborate across the cyber defense lifecycle, with governance and human control built in CLIENT CONTEXT THREAT INTELLIGENCE Environment | Assets | Policies | Telemetry CTI platform | Atos Threat Research Center | Adversary insig
Slide 16: Q3 2026 Operational performance
Q3 2026 02 Operational performance Philippe Salle Group Chairman & CEO
Slide 17: Q3 2026 revenue evolution
Q3 2026 revenue evolution Atos & Eviden SBUs revenue (Q3, in € million, 2025 -2026) 16 - 310 - 41 -2.4% -2.95% 1 977 1 683 1 633 1 642 Q3 25 published Divestitures & others Foreign exchange Q3 25 current Organic growth Q3 26 perimeter * Notes: (*) At September 2026 average exchange rates perimeter 1
Slide 18: Group organic growth & revenue by geo
Group organic growth & revenue by geo Q3 organic growth trend Q3 r evenue mix Germany, Germany, North France BNN Eviden 5% Austria Austria & CE America 10% -6% -19% -3% and CE ATOS SBU 20% Int'l -2.0 % YoY Markets UK & Ireland Int’l Markets BNN Eviden SBU +31% YoY +4% YoY -14% YoY 14% € 1,642 m Nort
Slide 19: Atos – Germany, Austria & Central Europe
Atos – Germany, Austria & Central Europe third quarter of improvement in organic growth 354 1,2 - 6.1% organic growth yoy in Q3 26: 333 1 0,8 • A few large client -ramp downs following insourcing strategies Revenue 0,6 • Managed exit of low -profitability contracts (€m) • 0,4 Partially offset by suc
Slide 20: Atos - North America: stabilized revenue with improving commercial momentum
Atos - North America: stabilized revenue with visibly improving commercial momentum, incl. new logos 305 1,2 - 19.3% organic growth yoy in Q 3 26 : 246 1 0,8 • Stabilization of the quarterly revenues since the start of the year Revenue 0,6 • Year -on -year decline mostly driven by low profitability
Slide 21: Atos – France: continued growth momentum amid public sector softness
Atos – France: continued growth momentum amid public sector softness 264 1,2 - 2.7% organic growth yoy in Q3 26: 257 1 • New positive inflexion in the growth curve Revenue 0,8 0,6 (€m) 0,4 • Public sector remaining soft whereas other sectors 0,2 have started to recover 0 Q3'25 lfl Q3'26 Business hig
Slide 22: Atos - UK & Ireland: fourth consecutive quarter of organic growth
Atos - UK & Ireland: fourth consecutive quarter of organic growth, at exceptionally high level +30 .8% organic growth yoy in Q 3 26 : 323 1,2 1 • 4th consecutive quarter of growth (c . +8% quarter -on - 247 0,8 quarter) Revenue • 0,6 High and unrepeatable level of growth was due to : (€m) 0,4 0,2 ➢
Slide 23: Atos - International Markets: back to growth for first time since Genesis launch
Atos - International Markets: back to growth for first time since Genesis launch, with positive momentum across regions 233 +4.0 % organic growth yoy in Q 3 26 : 224 240 220 200 • Broad -based performance, with most regions growing and Revenue 180 Switzerland, Middle East & Turkey, and Southeast Eur
Slide 24: Atos - Belux, Netherlands & Nordics: active portfolio management
Atos - Belux, Netherlands & Nordics: active portfolio management and good traction in upselling - 14.2% organic growth yoy in Q 3 26 : 201 172 • Managed exits from low -profitability contracts Revenue • Ramp -downs on existing clients (€m) • Churn partially offset by growing activity at existing cli
Slide 25: Eviden: positive underlying growth for the second consecutive quarter
Eviden: positive underlying growth for the second consecutive quarter 85 76 +5.1% underlying organic* growth yoy in Q 3 26 : 13 • Growth in Defense activities, particularly in Mission -critical Revenue 72 systems & Cyber (€m) • Cyber product line growing year -on -year for the first time since the l
Slide 26: Q3 2026 Financial Results
03 Q3 2026 Financial Results Jacques-François de Prest Group CFO
Slide 27: Strong liquidity position at the end of Q3
Strong liquidity position at the end of Q3 Legend Factoring of trade receivables Evolution in €m: Payments received in advance of invoice payment Undrawn revolving credit Cash excl. advance payments and factoring +18 948 966 +44 −6 −5 −10 +14 −9 −9 21 8 122 112 70 70 748 763 Incl. c.€50m restructuri
Slide 28: Outlook
04 Outlook Philippe Salle Group Chairman & CEO
Slide 29: Confirmed financial ambition
Confirmed financial ambition 2026 2028 Stabilization Sustainable cash generation Organic growth at c. -5% Organic growth acceleration (Atos & Eviden SBUs) 5-7% 2026 -2028 revenue CAGR ~7% Operating Margin 1 Further cost optimization & Positive net change in cash profitable growth c.10% operating mar
Slide 30: Q&A Session
Q&A Session ATOS
Slide 31: Q&A Session
Q&A Session Philippe Salle Jacques-François de Prest Group Chairman & CEO Group CFO 31 | 21/10/2026 | Q3 26 Performance | © Atos Group - for external use
Slide 32: Thank You!
Thank You! For more information Please contact: investors@atosgroup.com Atos is a registered trademark of Atos SE. © 2026 Atos. Confidential information owned by Atos, to be used by the recipient only. This document, or any part of it, may not be reproduced, copied, circulated and/or distributed nor