Constellation Software management says Q3 2026 revenue growth of 19% was primarily from acquisitions
Constellation Software revenue rose 19% to $3.51 billion in the third quarter of 2026, primarily from acquisitions, while organic growth was 2%. Net income rose 1% to $212 million and free cash flow available to shareholders fell 16% to $443 million.
1. Revenue and earnings
Constellation Software management attributed third-quarter 2026 revenue growth primarily to acquisitions. Revenue increased 19% to $3.51 billion, while organic revenue growth was 2%, including on a currency-adjusted basis. Net income attributable to common shareholders rose 1% to $212 million.
2. Free cash flow charge
Free cash flow available to shareholders fell 16% to $443 million, reflecting a higher IRGA/TSS membership liability revaluation charge. The charge rose to $117 million from $16 million, primarily reflecting acquisition-driven growth in trailing maintenance revenue.
