Eagle Eye says FY26 trading beats upgraded market expectations

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Eagle Eye FY26 beats expectations

Highlights

Eagle Eye reports annual recurring revenue up 31% to £44.5 million, driven by major new wins, expanded accounts, and global OEM contracts.
Group revenue drops 3% year-on-year to £46.7 million on NRS contract loss, but adjusted EBITDA rises to £9.8 million with a 21% margin, exceeding target run rate.
Customer wins in health, beauty, and travel sectors, including easyJet and Subway, support Eagle Eye's outlook to exceed £100 million revenue by FY27.

FY26 performance and results timeline

As reported by London Stock Exchange, citing Regulatory News Service, Eagle Eye says annual recurring revenue rises 31% year on year to £44.5 million, driven by major customer wins, expansion within existing accounts and the first customer contracts from its global OEM partnership.

Group revenue stands at £46.7 million, down 3% from the prior year because of the loss of the NRS contract. The company says adjusted EBITDA reaches £9.8 million, equal to a 21% margin, and that its exit EBITDA margin run rate target of 20% is materially exceeded in the second half.

Eagle Eye also says strong second-half trading is matched by cash generation, giving the group flexibility to keep reinvesting in sales, marketing and data engineering while recruitment programmes continue. The company expects to publish its results for the year ended 30 June 2026 on 15 September 2026.

Customer wins support FY27 outlook

Eagle Eye says new contract wins across sectors including health and beauty and travel strengthen its market position. Partnerships with brands such as easyJet and Subway add to what the company describes as a positive outlook, alongside its longer-term aim of achieving revenue above £100 million by FY27.

Chief Executive Tim Mason says the group is confident in its trajectory, pointing to momentum, strategic partnerships and execution of operational plans as the basis for future growth. The update suggests the company is focusing on scaling its AI-powered loyalty and promotions platform while improving profitability after a year shaped by both contract loss and new business expansion.

Our earlier article on Wall Street positioning ahead of a heavy S&P 500 earnings week highlighted companies that tend to beat analyst estimates, with particular attention on T-Mobile’s strong track record and upbeat analyst sentiment going into its report. It also referenced our coverage of Morgan Stanley’s Q2 2026 update, noting record revenue and profit alongside near-term volatility and key technical levels despite solid fundamentals.

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