The digital services group confirmed the solid trajectory of its business by reporting a sharp rise in first-half revenue, driven by particularly robust organic momentum in the second quarter and a meaningful improvement in operating profitability.
In the first half of 2026, Neurones generated consolidated revenue of €454.8m, up 7.2% on a reported basis and +6.9% organically versus the first half of 2025 (€424.3m).
This performance was notably underpinned by the acceleration recorded in the second quarter of 2026, when revenue rose from €210.2m to €227.1m.
Data-related businesses, Digital projects, ITSM (ServiceNow), and Business Process Management were among the main drivers of this expansion. In addition, the group highlighted the continued, active rollout of agentic artificial intelligence, both to optimize its internal operations and for its clients (development of intelligent agents, dedicated platforms, and recurring use).
On profitability, first-half operating income came in at 8.7% of revenue, a clear improvement from the first half, when it stood at 7.8%.
The group was therefore able to revise its roadmap upward for the full year. Annual revenue is now expected to exceed €900m, versus "around €900m" previously. Operating income is still expected at about 9%.
Among the French leaders in management consulting and digital services, NEURONES assists large companies and organizations in their digital projects, in the transformation of their IT infrastructures and in the adoption of new uses. Net sales break down by area of activity as follows:
- infrastructure services (60.4%): cloud, cybersecurity, infrastructure automation, digital workplace, user support, etc.;
- application services (33.8%): digital projects (agile, UX/UI, devops, mobility, IoT), SAP, business processes (BPM, RPA, dematerialization), big data, AI, blockchain, market finance, etc.;
- consulting services (5.7%): in management, marketing and digital transformation.
Net sales break down by source of revenue sales of services (99.6%) and sales of software and equipment (0.4%).
Over 7,200 people work in 13 countries.
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
