CORRECTION – Altus Group Reports Q3 2026 Financial Results & Quarterly Dividend
Globe Newswire•05/11/2026•16:53 ET
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Key Highlights
- ➤Q3 revenue $116.9M, up 6.8% year over year in constant currency
- ➤Software ARR $218.8M, up 14.9% year over year
- ➤Adjusted EBITDA $37.5M, up 42.4% year over year
- ➤FY2026 revenue guidance narrowed to 6.4%-7.0% constant-currency growth
- ➤Corrected FY2026 implied AR revenue range is $457.5-$460M, not $475.5M
Expert Statements
Mike Gordon, CEO and Chair of Altus Group
“As we approach the end of 2026, the progress we’ve made across the business is increasingly evident in our results. Software ARR has now grown at a double-digit rate for four consecutive quarters, margins continue to improve, and we’re seeing the benefits of the changes we’ve made to how we operate and go to market. At the same time, client interest in innovations like ARGUS Assist continues to build, while cross-sell is improving and down-sell and churn are moving in the right direction. With much of the transformation work we set out to accomplish now behind us, we’re ending the year as a more focused and efficient business; that’s a great set up heading into 2027.”
In a release issued under the same headline on Thursday, November 5th by Altus Group Limited (TSX: AIF), please note that in the table in the Business Outlook Section, and under Implied AR $ and Revenues for FY 2026, the number should be 457.5 instead of 475.5. The corrected release follows:
Four consecutive quarters of double-digit software Annual Recurring Revenue* (“ARR”) growth
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