Alithya Group, Inc. Class A · TSX:ALYA
Alithya Group, Inc. Class A — Q3 2026 Earnings Presentation
14 slides from Alithya Group, Inc. Class A's earnings presentation, Feb 13, 2026
Slide 1: Alithya reports third quarter Fiscal 2026 results
Fiscal 2026 third quarter ended December 31, 2025 Alithya reports third quarter Fiscal 2026 results Disclosed February 13, 2026
Slide 2: Forward looking statements, financial outlook and non-IFRS measures
Forward looking statements, financial outlook and non-IFRS measures Our presentations may contain “forward-looking information” and “forward-looking statements” vary materially from them. within the meaning of applicable Canadian securities laws and the U.S. Private Securities Litigation Reform Act
Slide 3: Presenters
Presenters Paul Raymond Pierre Blanchette Bernard Dockrill President and Chief Chief Financial Chief Operating Executive Officer Officer Officer F2026-Q3 Disclosure – February 13, 2026 / 3
Slide 4: F2026-Q3 highlights
F2026-Q3 highlights ⁄ Bookings over $130M, with several key renewals as well as new engagements in strategic areas that include our AI-driven capabilities. ⁄ U.S. segment maintained its strong trajectory, achieving 12.7% year-over-year revenue growth. ⁄ Strong cash position and reduced debt support
Slide 5: F2026-Q3 quarterly performance
F2026-Q3 quarterly performance F2026-Q3 F2025-Q3 YoY F2026-Q2 QoQ Revenues $115.2M $115.8M (0.5%) $124.3M (7.3%) Gross margin $36.5M $37.4M (2.4%) $42.8M (14.7%) Gross margin as a 31.7% 32.3% (60 bps) 34.4% (270 bps) percentage of revenues(1) SG&A expenses $28.5M $28.8M (1.0%) $31.3M (8.9%) SG&A exp
Slide 6: Long-term performance trends
Long-term performance trends Revenues Gross margin (in millions of $) (in millions of $, except for gross margin as a percentage of revenues(1)) 36,8% 34,4% 32,1% 31,9% 32,3% 32,1% 31,7% 30,6% 125,3 46,1 124,2 124,3 120,9 42,8 120,5 39,8 38,7 38,5 115,8 115,2 37,4 36,5 111,5 34,1 Q4-F24 Q1-F25 Q2-F2
Slide 7: Long-term profitability trends
Long-term profitability trends (in millions of $) Adjusted EBITDA margin Adjusted EBITDA Net earnings (loss) Adjusted net earnings 14,4% 10,3% 9,4% 8,7% 8,9% 8,7% (1) 12,2 8,3% 8,3% 8,0 9,5 18,0 6,1 5,7 6,5 3,9 2,3 4,9 5,3 5,1 7,8% 0,2 0,7 12,8 11,6 -2,8 -0,3 10,5 -2,5 -3,7 10,1 10,3 10,0 9,5 9,3 Q3
Slide 8: Net debt leverage ratio
Net debt leverage ratio 137,4 139,9 17,8 123,0 122,2 19,1 117,4 114,8 10,8 107,9 109,0 14,1 109,9 122,1 8,9 118,3 12,9 112,2 10,8 12,4 15,9 108,5 108,1 101,9 97,1 96,6 94,0 3,2 3,1 2,7 2,5 2,6 2,4 2,3 2,0 1,9 Q3-F24 Q4-F24 Q1-F25 Q2-F25 Q3-F25 Q4-F25 Q1-F26 Q2-F26 Q3-F26 Net Debt (C$M)(1) Net Debt /
Slide 9: Q3 operational updates
Q3 operational updates Alithya
Slide 10: Bookings and Book-to-Bill Ratio
Bookings(1) and Book-to-Bill Ratio(1) Last Bookings Book-to-Bill Ratio Book-to-Bill Ratio 12 months $440.0 0.90 1.00 Legend When excluding revenues from the two long-term contracts signed as part of an acquisition in F2022-Q1. Book-to-Bill Ratio when revenues from the two long-term contracts signed
Slide 11: Diversification trends
Diversification trends Since the launch of our strategic plan FY26-Q1 Revenues by F2024 Q3 F2026 segment Op. Income $ 4% 5% 39% 48% Can Intl Intl U.S. U.S. 5.9 29% 57% 47% Canada Canada 50,4 36,0 40,3 39,7 Canada 35,0 Operating 25,4 26,7 32,9 32,8 income by US 19,0 segment Intl. 1,3 3,0 2,5 1,8 2,1
Slide 12: Differentiating with our industry knowledge and expertise
Differentiating with our industry knowledge and expertise Strategic Enterprise Business consulting transformation enablement Industries Financial services ⁄ Insurance ⁄ Manufacturing ⁄ Healthcare ⁄ Telecommunications ⁄ Government ⁄ Energy ⁄ Retail and distribution ⁄ Higher education ⁄ Professional s
Slide 13: Our global footprint
Our global footprint As of December 31, 2025 47% 54% 14% 5% 5% EASTERN EUROPE INDIA 48% 27% MOROCCO % of our workforce in countries where we have clients % of our workforce in our international delivery centers % of our revenues in our target geographies for the third quarter F2026-Q3 Disclosure – F
Slide 14: Question period
Question period~ - Alithya ae = — ee — = ——