300,000 net new customers, double-digit organic growth and surpassing EUR 3 billion in ARR.
Visma, a global provider of mission-critical business software, achieved revenue of EUR 1,615 million in the first half of 2026, an increase of 18.8% from the same period in 2025. The Group’s customer base continued to develop strongly, growing 30.2% to reach 2.7 million customers in the period. Adjusted EBITDA grew 19.2% year-over-year to EUR 547 million, resulting in a margin of 33.8%.
The Group’s Annualised Repeatable Revenue (ARR) reached a new record of EUR 3,051 million at the end of June 2026, representing 18.7% total growth and 13.0% organic growth year-over-year.
“Visma's strong momentum has carried into 2026, with resilient growth delivered across our markets. Businesses are moving away from disconnected legacy systems toward all-in-one software for mission-critical processes such as accounting, payroll, invoicing and tax — and our Business Platform strategy is built precisely for this shift, bringing together products into one integrated platform in each market. This focus is delivering tangible results — driving increased customer spend, more effective cross-selling across our portfolio, and deeper, long-term customer partnerships”, said Merete Hverven, CEO of Visma.
H1 2026 key figures
| H1 2026 | H1 2025 | % Total Growth | % Organic Growth | |
| Customers | 2.7m | 2.1m | 30.2 | |
| ARR | 3,051m € | 2,570m € | 18.7 | 13.0 |
| Revenue | 1,615m € | 1,359m € | 18.8 | 11.8 |
| Adjusted EBITDA | 547m € | 459m € | 19.2 | 16.7 |
Empowering customers with AI innovation
Visma continues to advance its AI-first strategy, making this technology central to how its products are built, delivered and experienced. All strategic National Business Platforms have AI features embedded, and commercially across the Group, 40% of ARR is already generated by customers who have access to these features as part of their package.
Here are some examples of how Visma’s National Business Platforms are helping customers work more efficiently with AI:
- E-conomic, our Danish Business Platform, uses embedded AI to automatically scan, interpret and match financial data for accounting firms and SMBs. These automations are reducing manual data entry and freeing customers to focus on higher-value work, saving up to an estimated 67 hours a month per customer.
- FabricAI (part of Finnish Business Platform Netvisor) delivers AI-native invoice automation which cuts processing costs for customers by an estimated 75 per cent compared to manual handling.
- Spiris (Swedish Business Platform) is adopting an AI advisory solution developed by Danish Visma-company Dinero, the "Virtual CFO", which combines real-time open banking data with predictive modelling to deliver proactive, tailored financial advice — a strong example of how Visma cross-pollinates innovation across the Group.
“Building on our deep regulatory DNA, local know-how and decades of proprietary data, we are well positioned to deliver trusted solutions and services powered by AI, empowering SMBs and local governments in their daily work. Expanding the capabilities of our solutions with AI also allows us to deepen customer relationships and ultimately enlarge the value pool that is addressable for Visma”, says Hverven.
Growing through M&A
Strategic M&A remains an important contributor to Visma's growth, with six transactions concluded in H1 2026. Among the highlights, the Group expanded its presence in Brazil with the additions of MaisMei, a leading compliance-first app, and Dootax, a fiscal automation product purpose-built for Brazil's complex tax system.
Meanwhile, Visma’s core presence in Continental Europe was further reinforced through a minority investment in fulll, a leading provider of accounting and payroll software for French accounting offices. Following the end of H1, Visma has also completed the acquisition of Fattura Elettronica, Italy's leading e-invoicing solution for freelancers and SMBs, as well as Mister Contador, a cloud‑based accounting‑automation solution serving Brazilian SMBs.
“Looking ahead, I am confident that Visma's combination of durable business fundamentals, a growing and innovative product portfolio, and a disciplined approach to M&A will continue to create long-term value for our customers, employees and shareholders”, says Hverven.
Read the full H1 2026 report here.
