Rational revenue and financials
€584.50Change from previous close: +1.21%Absolute change: +€7.00
In the fiscal year ended December 2025, Rational reported revenue of €1.26B (+5.53% year over year). Net income was €253.85M, a net margin of 20.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.53%
- 2025 vs 2024
- Net income growth
- +1.32%
- 2025 vs 2024
- Net margin
- 20.2%
- 2024: 21.0%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 103 | 27.9 | 66.5 | 107 | 77.7 | 1.7 | 76.4 | 83.8 | 96.1 | 26.8 | 60.9 | 69.8 |
| Depreciation and amortization | 9.3 | 9.4 | 5.8 | 9.6 | 9.5 | 9.6 | 6.4 | 9.6 | 9.2 | 8.5 | 7.7 | 8.2 |
| Capital expenditure | -9.7 | -6.8 | -16.2 | -7.9 | -6.5 | -2.6 | -6.9 | -5.1 | -10.7 | -6.2 | -3.7 | -8.0 |
| Investing cash flow | 123 | -1.4 | -44.5 | -64.3 | 77.9 | -1.4 | -36.0 | -87.7 | 89.1 | -68.1 | -47.2 | -70.1 |
| Financing cash flow | -231 | -3.3 | -3.4 | -3.3 | -174 | -3.3 | -3.4 | -3.2 | -157 | -2.9 | -3.3 | -2.9 |
| Dividends paid | -227 | — | 0.0 | — | -171 | — | — | — | -153 | — | — | — |
| Debt repaid | -3.1 | -3.0 | -3.0 | -2.9 | -3.0 | -2.9 | -3.0 | -2.9 | -2.8 | -2.6 | -2.9 | -2.6 |
| Effect of exchange rates | 0.5 | 0.9 | -0.2 | -0.4 | -1.7 | -0.9 | 1.0 | -0.6 | -0.3 | 0.2 | -0.7 | 0.5 |
| Net change in cash | -4.4 | 24.0 | 18.3 | 39.2 | -20.0 | -3.8 | 38.1 | -7.8 | 28.2 | -44.0 | 9.8 | -2.7 |
| Free cash flow | 93.4 | 21.1 | 50.3 | 99.2 | 71.2 | -0.9 | 69.5 | 78.7 | 85.4 | 20.5 | 57.3 | 61.8 |
| Levered free cash flow | 62.1 | 24.0 | 26.7 | 95.9 | 47.3 | -0.5 | 47.4 | 77.9 | 63.2 | 22.4 | 33.4 | 64.1 |