The Sage Group (LON:SGE) reported what Chief Executive Officer Steve Hare called an “excellent first half” of fiscal 2026, citing broad-based double-digit revenue growth, margin expansion and accelerating annualized recurring revenue as the business continued to invest in artificial intelligence across its finance, HR and payroll software.
Chief Financial Officer Jacqui Cartin said total revenue increased 11% in the first half, underpinned by recurring revenue growth of 11%. Recurring revenue now accounts for 97% of total revenue, which Cartin said reflected “the quality and resilience” of Sage’s business model.