Temenos AG (0QOA) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Temenos Q2 twenty twenty six Results Conference Call and Live Webcast. I am Moira, the Chorus Call operator. I would like to remind you that all participants will be in listen only mode and the conference is being recorded. The conference must not be recorded At this time, it's my pleasure to hand over to Takis Piliopoulos, CEO and Interim CFO. Please go ahead. Good afternoon, good evening. Thank you for joining our Q2 'twenty six results call. As usual, I will talk you through our key performance and operational highlights for the quarter before updating you on our financial performance. Starting on slide six, we had a strong start to the quarter and a stable sales environment throughout. However, we saw a small number of mainly large and new logo deals timed out at the end of the quarter. Most of these deals were in Europe. Importantly, none of these deals have been lost. We have also been able to sign the majority of the slipped subscription and SaaS revenue in the first three weeks of Q3 'twenty six, which confirms the confidence we have in our pipeline conversion. These deals include one of the largest banks in Central And Eastern Europe, as well as a Tier one European bank. With a robust start to the third quarter and very good visibility, driven by a strong pipeline of large and new logo deals, we have given explicit guidance for Q3 twenty twenty six with subscription and expected to grow at least 30% year on year. We have also reconfirmed our 2026 guidance and 2028 targets. APAC performed particularly well this quarter, signing a large new logo in the ASEAN region, as well as multiple deals with existing customers. We also saw good momentum in The U. S, signing a deal with a regional bank to migrate to Temenos core banking...