---
title: "Octave Intelligence plc Q1 2026: Revenue $386.5M, EPS $0.18— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288720738.md"
description: "Octave Intelligence plc reported Q1 2026 revenue of $386.5M, up 1% year-over-year, driven by 25% SaaS growth. However, net income declined 20.3% to $47.4M, and diluted EPS fell to $0.18 from $0.22. The company completed a spin-off from Hexagon, incurring stand-up costs. Gross margin improved to 77%, while R&D investment increased."
datetime: "2026-06-04T12:21:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288720738.md)
  - [en](https://longbridge.com/en/news/288720738.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288720738.md)
generator: "portal-rs"
---

# Octave Intelligence plc Q1 2026: Revenue $386.5M, EPS $0.18— 10-Q Summary

Octave Intelligence plc reported first-quarter 2026 results with revenue of $386.5M, up 1% from $382.8M a year earlier, while net income declined to $47.4M and diluted EPS fell to $0.18 versus $59.5M and $0.22 in Q1 2025.

**Financial Highlights**

-   Revenue was $386.5M for Q1 2026, up from $382.8M in the year-ago quarter; YoY change 1.0%.
-   Net income was $47.4M for Q1 2026, down from $59.5M in the year-ago quarter; YoY change (20.3%).
-   Diluted EPS was $0.18 for Q1 2026, versus $0.22 in the year-ago quarter; YoY change (18.2%).

**Business Highlights**

-   Subscriptions drove revenue, representing 72% of total revenue, with SaaS growth of 25% year over year.
-   Demand shifted from perpetual licenses to SaaS and subscription models, contributing to an 18% decline in license sales.
-   Completed a spin-off from Hexagon and established standalone public-company functions, incurring stand-up costs.
-   Gross margin improved to 77% as services delivery costs fell following divestitures, partly offset by higher cloud and labor costs.
-   Increased R&D hiring and investment; amortization of developed technologies rose 31% reflecting new product releases.

Original SEC Filing: Octave Intelligence plc \[ OCTV \] - 10-Q - Jun. 04, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**