Kainos Group Plc · LSE:KNOS
Kainos — H1 2026 Earnings Presentation
28 slides from Kainos's earnings presentation, Nov 10, 2025
Slide 1: Interim Results
Interim Results 6 months ended 30th September 2025 Brendan Mooney (CEO) Richard McCann (CFO) 10 November 2025
Slide 2: Safe harbour statement
Safe harbour statement This document contains statements about Kainos Group plc that are or may be forward-looking statements. Forward-looking statements include statements relating to (i) future capital expenditures, expenses, revenues, earnings, synergies, economic performance, indebtedness, finan
Slide 3: Contents
Contents 1. Business Overview 2. Financial Performance 3. Divisional Performance 4. Looking Ahead 5. Q&A For more information visit kainos.com/investor-relations 3
Slide 4: Business Overview
Business Overview kaines’
Slide 5: Business Overview
Business Overview We have excellent positions in long-term, growing markets MARKET CAGR MARKET CAGR MARKET CAGR £1.7b 31% £1.4b 19% £3.3b 5% £24m £32m £45m £57m £71m £49m £71m £106m £112m £99m £162m £200m £224m £213m £197m FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Wo
Slide 6: Expertise at a Global Scale
Expertise at a Global Scale N ETFLIX NHS! 2% Skyscanner Capital, Ye just match” HARGREAVES KION LANSDOWN Sonu. Se Office K/O|NIE| stripe Genomics england ¢ The — . Ry : ING Bd (0) Finer, Beokingcom = Comcast — & Spotty Bou Bupa > sea Penn | aggreko pet ear Trimble. Agency _— LEONARDO HM Courts yf =
Slide 7: H1 2026 Highlights
H1 2026 Highlights Revenue growth in all divisions Workday driven by strong sales execution; Products +14% momentum to continue in H2 2026 H1 FY26: £39m H1 FY25: £34m • H1 sales represents strongest • Launch of our fifth product, ever six-month result Pay Transparency in Q3 Revenue(1) Digital • Digi
Slide 8: Our Customers
Our Customers Excellent client satisfaction, diverse clients and growing international base Central New Health Europe Customers Sector 8% 15% 16% Private North America UK & Sector Ireland Existing Public 34% 51% Customers Sector 58% 85% 33% High customer satisfaction Balanced sector coverage Strong
Slide 9: Our People
Our People We are building an exceptionally talented and engaged workforce Early Careers Familiarisation Day, World Heart Day, improving our CPR Over 200 Days of Volunteering, Indianapolis Belfast knowledge, Buenos Aires People 18 Global Locations Engagement 3,132 92% Employee Retention 75% Peakon E
Slide 10: Our Responsibilities
Our Responsibilities Being responsible towards our people, customers, communities and planet … NHS England - Volunteering at TCV Tree UEC Kainos and Microsoft hosted the third in a Nursery series of ‘Power Women’ events Samuel Bhuiyan, one of our talented EAYL colleagues Climate Action Reduced inequ
Slide 11: Financial Performance
Financial Performance kaines’
Slide 12: Group Income Statement
Group Income Statement Digital Services: • Americas revenue disclosed separately for first time • Public sector revenue down 3% on H1 25 Income Statement • Healthcare revenue up 33% • Americas revenue up 152% (negligible Davis Pier impact) £m H1 26 H1 25 Change • Commercial sector revenue down 33% •
Slide 13: Balance Sheet and Cashflow
Balance Sheet and Cashflow Balance Sheet: Balance Sheet • Fixed assets and investments – Bankmore £2.1m expenditure in period (£m) 30 Sep 25 31 Mar 25 • Goodwill & intangible - £13.7m increase due to Davis Pier acquisition Fixed assets and investments 19.3 18.2 • Future consideration payments will b
Slide 14: Capital allocation strategy
Capital allocation strategy Growing the Maintaining a Progressive Returning surplus business robust balance dividend policy cash to sheet shareholders • Organically • Cash reserves - Interim dividend 9.8p • Share buyback: • Targeted £105.5m (H1 25: 9.3p) £58m to 7 Nov acquisition • Debt free • Furth
Slide 15: Divisional Performance
Divisional Performance kaines’
Slide 16: Workday Products
Workday Products Strong ARR growth driven by full product portfolio; Workday Revenue ARR (1) Backlog ‘Clear Skies’ partner programme +14% +19% +27% increases opportunity scope H1 FY26: £39m H1 FY25: £34m H1 FY26: £78m H1 FY25: £65m H1 FY26: £160m H1 FY25: £127m Revenue trend H1 / H2 CAGR(2) Growth i
Slide 17: Clear Skies
Clear Skies Partner Build Clear Sky / White Space Pure Partner Innovation • Workday identifies opportunities to enhance its platform • Ideas that Workday chooses not to Selective / Targeted pursue are made available to Roadmap Backlog/MVP+ selected partners like Kainos No-Fly • Selected partners are
Slide 18: Kainos Smart powers growth and compliance at Genesys
Kainos Smart powers growth and compliance at Genesys “Automation has given us the confidence to scale quickly and securely. We’ve accelerated updates, strengthened compliance, and reduced risk while preparing for IPO.” Ravindra Sunku | Head of FinTech, Genesys Key results: 20 weeks of Reduced 820+ 8
Slide 19: Workday Services
Workday Services Return to growth driven by Revenue(1) Bookings Backlog strong sales performance with further progress +4% +35% +2% expected in H2 2026 H1 FY26: £53m H1 FY26: £54m H1 FY26: £62m H1 FY25: £52m H1 FY25: £40m H1 FY25: £61m Revenue trend H1 / H2 CAGR(2) 19% FY22 £34m £37m £71m Very stron
Slide 20: Workday HCM & Payroll Deployment
Workday HCM & Payroll Deployment “Kainos helped us understand our business and to clearly scope what we needed. They took our language, translated it into Workday language, and made it make sense to everyone. A good implementation partner like Kainos is critical.” Adrian Bingham|Head of Customer Con
Slide 21: Digital Services
Digital Services Strong sales drives record Revenue(1) Backlog Bookings backlog; further revenue +6% +13% +5% growth forecast in H2 2026 H1 FY26: £104m H1 FY26: £116m H1 FY26: £175m H1 FY25: £97m H1 FY25: £103m H1 FY25: £166m Public sector / -3% to £60m Revenue trend H1/H2 CAGR(2) Environment remain
Slide 22: Powering a Digital Revolution in Passport Services
Powering a Digital Revolution in Passport Services ‘Kainos played a pivotal role in the success of this project - not just as a delivery partner, but as a driver of innovation. Their expertise, collaborative mindset, and ability to manage high-stakes technical challenges were critical to achieving s
Slide 23: AI business momentum continues
AI business momentum continues Solving customer challenges Driving AI Sales Growth Preventing travel document fraud, Secured 48 new projects during the past six illegal immigration and modern months slavery Since 2018, we have secured £65m in public sector AI contracts, making us the 4th largest AI
Slide 24: Looking Ahead
Looking Ahead
Slide 25: Outlook
Outlook We have strong positions in growing, diverse, international markets Digital Services Workday Services Workday Products Drive digital transformation in Drive core existing markets and Continue progress towards £100m UK public and health sectors expand into international markets and £200m ARR
Slide 26: Appendix: Definition of terms
Appendix: Definition of terms
Slide 27: Definition of terms
Definition of terms Active customer: a customer who has signed a contract with us within the last three figure at current period average exchange rates. months or has generated revenue in the last six months. Contracted backlog: the value of contracted revenue that has yet to be recognised. Adjusted
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