Evolution Results Q2 2026: Revenue, Profit and Margins

Latest report: Evolution half-year report Jan–Jun 2026, published July 17, 2026

In Q2 2026, Evolution’s revenue was €517.8 million, down 1.2% from Q2 2025. Operating profit was €297.8 million, an operating margin of 57.5% (Q2 2025: 58.4%). Net income for the period was €251.4 million and earnings per share €1.27.

Evolution: Where the revenue went, Q2 '26, EUR million. Source: Evolution half-year report Jan–Jun 2026.
Evolution: Where the revenue went · Q2 '26, EUR million
Embed this chart

Free to use with the credit link (CC BY 4.0). The embedded chart stays as it is for Q2 2026; this page shows the latest results. Open SVG

Key figures for Q2 2026

Evolution key figures, Q2 2026 vs Q2 2025
Q2 2026Q2 2025Change
Revenue, €M517.8524.3−1.2%
Operating profit, €M297.8306.4−2.8%
Operating margin57.5%58.4%−0.9 pp
Net income, €M251.4248.3+1.3%
Net margin48.6%47.4%+1.2 pp
Earnings per share€1.27€1.22+4.1%

Evolution in charts

Evolution: From revenue to net income, Q2 '26, EUR million. Source: Evolution half-year report Jan–Jun 2026.
Evolution: From revenue to net income · Q2 '26, EUR million
Embed this chart

Free to use with the credit link (CC BY 4.0). The embedded chart stays as it is for Q2 2026; this page shows the latest results. Open SVG

Evolution: What drove the change in operating profit, Q2 '25 → Q2 '26, EUR million. Source: Evolution half-year report Jan–Jun 2026.
Evolution: What drove the change in operating profit · Q2 '25 → Q2 '26, EUR million
Embed this chart

Free to use with the credit link (CC BY 4.0). The embedded chart stays as it is for Q2 2026; this page shows the latest results. Open SVG

Evolution: Profitability, Quarterly, % of revenue. Source: Evolution half-year report Jan–Jun 2026.
Evolution: Profitability · Quarterly, % of revenue
Embed this chart

Free to use with the credit link (CC BY 4.0). The embedded chart stays as it is for Q2 2026; this page shows the latest results. Open SVG

Evolution: Revenue trend, Quarterly, EUR million. Source: Evolution half-year report Jan–Jun 2026.
Evolution: Revenue trend · Quarterly, EUR million
Embed this chart

Free to use with the credit link (CC BY 4.0). The embedded chart stays as it is for Q2 2026; this page shows the latest results. Open SVG

Evolution: Operating profit trend, Quarterly, EUR million. Source: Evolution half-year report Jan–Jun 2026.
Evolution: Operating profit trend · Quarterly, EUR million
Embed this chart

Free to use with the credit link (CC BY 4.0). The embedded chart stays as it is for Q2 2026; this page shows the latest results. Open SVG

Evolution: Revenue and earnings, last twelve months, Rolling four-quarter sum, EUR million. Source: Evolution half-year report Jan–Jun 2026.
Evolution: Revenue and earnings, last twelve months · Rolling four-quarter sum, EUR million
Embed this chart

Free to use with the credit link (CC BY 4.0). The embedded chart stays as it is for Q2 2026; this page shows the latest results. Open SVG

Evolution: Earnings per share, Quarterly, EUR. Source: Evolution half-year report Jan–Jun 2026.
Evolution: Earnings per share · Quarterly, EUR
Embed this chart

Free to use with the credit link (CC BY 4.0). The embedded chart stays as it is for Q2 2026; this page shows the latest results. Open SVG

Quarterly results

Evolution quarterly results (€M unless stated)
QuarterRevenueChange y/yOperating profitOperating marginNet incomeEPS
Q2 2026517.8−1.2%297.857.5%251.4€1.27
Q1 2026513.0−1.5%292.657.0%251.9€1.26
Q4 2025514.2−3.7%350.968.2%306.8€1.54
Q3 2025507.1−2.4%296.658.5%252.3€1.25
Q2 2025524.3+3.1%306.458.4%248.3€1.22
Q1 2025520.9+3.9%303.458.2%254.7€1.24
Q4 2024533.8+12.3%417.678.2%377.1€1.83
Q3 2024519.4+14.7%379.273.0%328.6€1.57

Annual results

Evolution annual results (€M unless stated)
YearRevenueOperating profitOperating marginNet incomeEPS
20252,066.51,257.360.8%1,062.1€5.24
20242,063.11,419.668.8%1,244.0€5.94
20231,798.61,142.763.5%1,070.9€5.01

Calculate it yourself

About Evolution

Evolution is a Swedish company that develops and runs live casino games, streamed from its studios to online casino operators, and random number generator (RNG) slot games.

Sources
  1. Evolution half-year report Jan–Jun 2026, published Jul 17, 2026
  2. Evolution interim report Jan–Mar 2026, published Apr 22, 2026
  3. Evolution financial statements release 2025, published Feb 5, 2026
  4. Evolution interim report Jan–Sep 2025, published Oct 23, 2025
  5. Evolution half-year report Jan–Jun 2025, published Jul 17, 2025
  6. Evolution interim report Jan–Mar 2025, published Apr 30, 2025
  7. Evolution financial statements release 2024, published Jan 30, 2025
  8. Evolution interim report Jan–Sep 2024, published Oct 24, 2024
  9. Evolution half-year report Jan–Jun 2024, published Jul 19, 2024

About these figures. All figures come from Evolution’s published interim reports and financial statements releases, linked above, and are checked against them before publication. Errors are still possible, so confirm any figure in the original report before relying on it. Amounts are in millions of the reporting currency. Quarters reported only cumulatively (for example the fourth quarter) are derived by subtraction, and when a company restates earlier figures, older quarters on the previous basis are left out of comparisons. Margins and changes are calculated by Finpendium. This page is for information only and is not investment advice or a recommendation to buy or sell any security. See how the figures are checked and our Disclaimer. Spotted an error? Let us know.