An update on Team EIFFEL’s Q2 2026 performance, the operational progress behind the numbers, and the strategy
shaping our next chapter.
Headline results. In a Dutch market that stayed challenging, Q2 revenue was 78.4 million euros, down
3.3% YoY, bringing half-year revenue to 160.7 million euros (-2.7%). This reflects a deliberate volume choice: we
continued to step down freelance deployment (82 FTE on average versus 120 a year ago) in favour of our own
professionals. The quality of that revenue improved, the average hourly rate rose 1.8% and billability of own
professionals strengthened to 80.0%.
Profitability is turning. EBITDA rose to 10.7 million euros, up 9.2% YoY and 25.9% versus Q1, despite
the lower revenue base. Sustained cost discipline brought operating expenses down to 15.1 million euros (Q2 2025:
18.1 million euros), while gross margin held firm at 29.7% and improved from 29.2% in Q1. June was our strongest
EBITDA month since October 2024 and billability reached a twelve-month high, the decisive measures taken at the end
of last year are now translating into results.
Looking ahead. We are shaping a new multi-annual strategy in which AI-enabled propositions play a
defining role, combining our domain expertise into integrated, multidisciplinary solutions for our clients. In the
second half we will keep lifting billability and pricing, scale our as-a-service propositions, and keep reducing our
indirect cost base.
Jo Maes
Chief Executive Officer
Team EIFFEL's Q3 2026 results will be shared on 24 November 2026
Click below for the full report
2026 Q2 report