Octave Q2 FY26 net loss widens to $1.97 billion; revenue falls 4% y/y to $398 million - OCTV News | RalliesOctave Q2 FY26 net loss widens to $1.97 billion; revenue falls 4% y/y to $398 million
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OCTV• Q2 financial results
- Octave Intelligence posted Q2 total revenue of USD 398 million, down 4% year over year.
- Net results swung to a loss of USD 1.97 billion, with EPS turning to a loss of USD 7.34.
- Recurring revenue rose 6% to USD 283 million; ARR climbed 7% to USD 1.14 billion.
- Cash flow from operations totaled USD 125 million; free cash flow reached USD 93 million.
Recent business updates
- Launched Octave CoLabs in July; completed separation from Hexagon in May; acquired VXG Inc. to expand its physical security portfolio.
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