Octave Intelligence

Q2 FY2026 EarningsQ2 FY26 results presented a marginal top-line beat with revenue of $398.4M vs. $397.0M expected, supported by a 21% surge in SaaS revenue. Adjusted EPS of $0.36 outperformed the $0.31 consensus, and Free Cash Flow of $93.5M significantly exceeded the $48.0M minimum expectation. However, GAAP results were severely impacted by a $2.1B non-cash impairment charge following the post-spin market valuation drop, leading to a reported net loss of $1.97B. Full-year ARR guidance of $1,185M–$1,205M remains the primary indicator of the business model transition's health.