Atos Group Third quarter 2025 revenue
Transformation Gaining Momentum in Q3 2025 with Estimated Net Change in Cash Limited to €-38m – FY25 Profitability and Cash Targets Confirmed as the Genesis Plan Progresses Steadily
Atos Group, a global leader of AI-powered digital transformation, today announces its Q3 2025 performance with transformation gaining momentum and full year profitability and cash generation targets confirmed.
Q3 2025 estimated net change in cash limited to c. €-38 million, delivered without any usage of account receivable factoring or specific optimization on trade payables, including restructuring impact in Q3 2025 (est. at €-87 million).
Reset of the commercial strategy combined with continued pricing discipline: Signs of recovery in North America with large deals signature and in the Germany, Austria and Central Europe (GACE) region. Cloud and Cyber services business lines up year-on-year while regional offers are more affected by macro uncertainty and stronger selectivity.
Cross selling and renewals improving year-on-year. Overall book-to-bill ratio in Q3 2025 at 66%, flat year-on-year, with Atos SBU (Strategic Business Unit) growing 9 pts and Eviden SBU decreasing 52 pts because of strong seasonality. Commercial pipeline continues to gain momentum, with growing contribution from cross-selling activity.
Q3 2025 revenue of €1,977 million, down -10.5% organically, bringing YTD revenue to €5,998 million (representing -15.2% organic growth). Atos SBU down 19% organically to €1,621 million in revenue in Q3 2025, impacted by exits from low-margin or non-strategic contracts, combined with strengthened commercial discipline and a soft market environment.
Eviden SBU generated €356 million in revenue in the third quarter, an increase of 77% on an organic basis, driven by the contribution of c.€200 million from the Jupiter contract in Q3 2025.
Further progress in the execution of the Genesis transformation plan with new Leadership team appointments to strengthen strategic plan execution capacity and continued workforce reduction and cost optimization in line with plans.
FY 2025 profitability and cash generation targets confirmed, while top line evolution expected to reflect forex impact, lower revenue generated from low profitability and loss-making contracts and soft market environment.
FY 2026 targets confirmed: resuming organic growth and positive cash generation supported by stronger and more qualitative sales pipeline and further optimization of the cost base.
"I am very pleased with the progress we made in the third quarter of this year. We continued to execute on our strategy and transformation plan. Business fundamentals are being restored. Our cost base is under control with further restructuring and savings achieved over the summer. We are resetting our growth engine and maintaining strict pricing discipline. Early signs of commercial recovery are already visible despite a soft market environment. The leadership team has been further strengthened with the appointment of high-caliber experts to successfully drive the turnaround. We are on track to achieve our full year profitability and cash generation targets with another quarter of limited cash consumption. We are paving the way for the 2026 relaunch when we expect to resume organic growth and positive cash flow generation. Our priority is very clear: building solid foundations to drive future growth. I would like to thank the teams for their relentless efforts. Together, we're building the new Atos Group."