Intershop Reports Strong Cloud Growth and Positive EBIT in First Half of 2026

Intershop Communications AG, a global provider of agentic B2B commerce solutions for manufacturers, wholesalers, and holding companies, has released its financial results for the first half of 2026, highlighting robust growth in its cloud business and improved profitability despite a decline in total revenues. The company reported revenues of EUR 15.8 million, down from EUR 17.2 million in the prior year, but achieved a slightly positive operating result (EBIT) of EUR 0.1 million, compared to a loss of EUR 0.9 million in the same period last year.

The cloud segment continued to be a key driver, with cloud revenues rising 4% to EUR 10.5 million, representing 67% of total revenues, up from 59% in the previous year. Incoming cloud orders surged 26% to EUR 8.4 million, signaling growing customer interest. Cloud ARR (annual recurring revenues) stood at EUR 19.8 million, while new ARR increased 10% to EUR 1.4 million. Net new ARR was negative EUR 0.4 million in the first half, primarily due to non-renewed contracts in the first quarter, but turned slightly positive at EUR 0.2 million in the second quarter, indicating a recovery.

Service revenues declined 14% to EUR 3.2 million as part of the company's partner-first strategy, but the service margin improved. License and maintenance revenues fell 40% to EUR 2.0 million, reflecting the shift toward cloud. Gross profit rose 1% to EUR 7.7 million, with gross margin expanding by five percentage points to 49%. Operating expenses decreased 11% to EUR 7.5 million, contributing to a 14% reduction in total costs to EUR 15.6 million.

EBITDA improved to EUR 1.8 million from EUR 0.7 million, and earnings after taxes were nearly break-even at EUR -54 thousand, compared to a loss of EUR 1.1 million in the prior year. Cash flow from operating activities increased significantly to EUR 4.3 million, and cash and cash equivalents rose to EUR 11.1 million, up EUR 2.3 million from year-end 2025.

CEO Markus Dranert attributed the results to disciplined cost management and early signs of increased customer investment, noting that the Spring 2026 Release, launched in May, helps B2B companies adopt AI and achieve cost savings through pre-integrated agents and copilots. The company confirmed its full-year forecast, expecting incoming cloud orders and net new ARR at the prior year's level, with a slightly smaller revenue decline and a balanced EBIT.

For Texas businesses, Intershop's performance underscores the growing importance of cloud-based B2B commerce solutions and AI integration, which can drive efficiency and cost savings. The company's improved financial health and focus on agentic commerce position it as a key player in the evolving e-commerce landscape, potentially offering Texas manufacturers and wholesalers advanced tools to enhance their digital operations.

Intershop's interim report for the first half of 2026 is available at https://www.intershop.com/financial-reports. The original release can be viewed at www.newmediawire.com.