Syzygy Returns to Profit in Q3 as Revenue Declines

SYZYGY AG announced its financial results for the third quarter of 2026, highlighting a significant improvement in profitability despite a 13% year-over-year decline in quarterly revenue to EUR 12.5 million. The company's EBIT rose to EUR 0.5 million in Q3, up from EUR 0.2 million in the second quarter, with the EBIT margin increasing from 1.4% to 3.7%. For the first nine months of 2026, revenue totaled EUR 37.8 million, a 14% decrease compared to the same period in the previous year, while EBIT improved to EUR 0.9 million from EUR 0.0 million. Management attributed the improved performance to effective efficiency-boosting measures and continued investment in AI-supported services. The company confirmed its full-year 2026 guidance, projecting revenue of approximately EUR 50 million and an EBIT margin between 3% and 4%.