# Evotec Keeps 2026 Outlook as Third-Quarter EBITDA Loss Narrows

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/50137
Published: 2026-11-06T14:07:32.000Z
Updated: 2026-11-06T14:07:32.000Z
Section: Business

> Revenue was €164.9 million in the quarter, while nine-month revenue and adjusted Group EBITDA were lower than a year earlier.

Evotec SE (NASDAQ: EVO) kept its 2026 financial outlook after its third-quarter adjusted Group EBITDA loss narrowed to €1.6 million from €15.0 million a year earlier. Revenue was nearly flat at €164.9 million, compared with €163.9 million in the same quarter of 2025.

The smaller quarterly loss primarily reflected lower cost of revenue.

For the first nine months of 2026, revenue fell 13.1% to €465 million from €535.1 million. The adjusted Group EBITDA loss widened to €44.3 million from €16.9 million in the year-earlier period.

Evotec maintained its approximate full-year revenue outlook of €570 million to €610 million. It also kept its approximate adjusted Group EBITDA outlook at a loss of €70 million to €105 million.