Temenos AG

TEMN: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Temenos Earnings: Revenue Miss on Deal Slippage, but Should Be Fully Recovered in Q3

Rob Hales

Jul 23, 2026

Temenos' second-quarter subscription and software-as-a-service growth of negative 13% was well below company-compiled consensus due to deal slippage in Europe. However, 2026 guidance was maintained. Shares were down 9% intraday on July 23.

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Temenos AG

Temenos Earnings: Revenue Miss on Deal Slippage, but Should Be Fully Recovered in Q3

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