FacePhi Reports H1 2026 Revenue Decline, Sets FY2026 Guidance
H1 2026 revenue fell 8.2% year over year as FacePhi shifted toward post-consumption SaaS contracts. TCV rose 16%, ARR increased 6%, and LTM free cash flow turned positive at €1.1 million. The company targets FY2026 revenue of €32.5 million and free cash flow of €0.9 million.
FacePhi reported an 8.2% year-over-year decline in H1 2026 revenue, which the company attributed to a strategic shift toward post-consumption SaaS contracts. Despite the revenue dip, the company saw a 16% increase in Total Contract Value (TCV) and a 6% rise in Annual Recurring Revenue (ARR). Additionally, the company's Last Twelve Months (LTM) Free Cash Flow (FCF) turned positive at €1.1 million. For the full fiscal year 2026, FacePhi provided guidance targeting €32.5 million in revenue and €0.9 million in FCF.