ALYA•Alithya's fiscal second-quarter revenue fell 16.8% year over year to $103.4 million, while bookings rose 19% to $108.2 million. Adjusted EBITDA declined 35.3% to $8.3 million, and net loss narrowed to $25 million.
For the fiscal second quarter ended September 30, 2026, Alithya reported revenue of $103.4 million, down 16.8% year over year, and bookings of $108.2 million, up 19%, for a book-to-bill ratio of 1.05. Adjusted EBITDA fell 35.3% to $8.3 million, although it grew 53.7% sequentially. Net loss narrowed to $25 million from $31 million a year earlier; gross margin declined to 31.4% from 34.4%, and adjusted EBITDA margin fell to 8% from 10.3%.
