Our purpose
To power a world of banking that creates opportunities for everyone.
Our vision
We power a world where financial institutions trust Temenos to make banking easier and help people live their best financial lives.
Our mission
To modernize financial institutions by building on the most trusted, industry-leading technology solutions.
Our values
We challenge
We challenge the status quo, try to look at things differently and drive change.
We commit
We commit with determination and persistence to make things happen.
We collaborate
We collaborate within Temenos and across a broader Partner ecosystem.
We care
We care and listen to each other, our clients, our Partners and the communities we serve.
Highlights of 2025
Non-IFRS proforma*
Annual Recurring Revenue (USDm)
859.9+15%
2024: 749.5
Subscription and SaaS revenue (USDm)
452.5+10%
2024: 410.8
Maintenance (USDm)
490.3+14%
2024: 431.9
Total revenue (USDm)
1,071.1+11%
2024: 965.2
Non-IFRS EBIT (USDm)
371.9+22%
2024: 304.8
Non-IFRS EBIT margin (%)
34.7+3%
2024: 31.6
Non-IFRS earnings per share (USD)
4.20+25%
2024: 3.35
Free cash flow (USDm)
256.4+15%
2024: 223.2
* Figures are non IFRS proforma excluding contribution from Multifonds which was sold in Q2-25. Growth rates are reported.
Temenos today
Over 950
core banking clients
Over 90%
of revenue generated by top 1,000 clients across all products in FY-24
Over 600
digital clients
150+
countries in which clients are present
Our global reach
The Americas
Revenue (%)
25%
Subscription and SaaS revenue (%)
35%
Number of offices
10
Europe
Revenue (%)
28%
Subscription and SaaS revenue (%)
23%
Number of offices
17
Middle East and Africa
Revenue (%)
26%
Subscription and SaaS revenue (%)
21%
Number of offices
8
Asia Pacific
Revenue (%)
21%
Subscription and SaaS revenue (%)
21%
Offices
14
Our growth strategy
Delivering our raised FY-28 targets through strategic levers and enablers
Strategic Growth Levers
Extend market leadership in best of suite
Enhance composable core solutions
Accelerate adjacent point solutions
Business Enablers
Product and technology investment
Go To Market
Customer lifecycle
Operating model
FY-28 Targets
ARR
FY-28E
>USD 1.23bn
EBIT
FY-28E
c.USD 480m
FCF
FY-28E
c.USD 410m
Note: ARR and EBIT are constant currency. FCF is reported.
Focused and impactful execution in the first 12 months
Strategic investments...
Product:
Reorganization of functions into agile teams, hiring of senior talent
GTM:*
Increased IQC* headcount by 60% to more than 140 globally, invested in sales operations and enablement
US expansion:
Focused US sales hiring, opened innovation hub with 70+ developers; sales headcount increased to over 20
...delivering strong results
Product:
Delivered on FY-25 platform and product roadmap. Launch of multiple differentiated new products
GTM:
Strong pipeline growth in key target geographies, significant number of new logo wins
US momentum:
Strong US pipeline growth in target accounts, product co-innovation with clients
*GTM = Go To Market; IQC = Individual Quota Carrier.
A well-defined AI strategy to capitalize on our structural advantage
Build on our structural advantage
150
Global reach in over 150 markets
Trusted domain expertise
950+
950+ core banking clients and 600+ digital clients
Volume-based pricing aligned to banks' growth
Product
Lower TCO
- Conversational interfaces: launched Temenos Copilot for Core
- AI Agents: Launched FCM AI agent for sanctions screening with more coming in Core, Payments, Digital and Wealth
- AI in Core: AI to drive efficiencies and enable faster implementations and upgrades
- AI in Digital: changing how digital experiences are built using AI
Process
Faster delivery
- Leveraging AI in our software development lifecycle
- Support customers with AI including the launch of Gen AI assistant
People
AI first mindset
- Rolled out M365 AI tooling across all functions
- Established AI champions network to source productivity use cases
Temenos has the unique combination of customer trust and domain expertise
Statements
Chairman's statement
2025 was a year defined by strong strategic focus and the early benefits of a more aligned leadership team under Takis.”
Thibault de Tersant
Chairman
CEO's statement
I am proud of the progress we made this year and of the way our teams came together with a shared purpose and vision to execute on our roadmap."
Takis Spiliopoulos
Chief Executive Officer and interim
Chief
Financial Officer
Finance review
I was pleased with our execution focus in 2025 which enabled us to deliver strong financial results.”
Takis Spiliopoulos
Chief Executive Officer and interim
Chief
Financial Officer
Sustainability
Our ESG approach
Our commitments
Operating responsibly is in our DNA and part of the Temenos culture. We strongly believe that our long-term success requires a business model that incorporates sustainability as a fundamental building block of our operations. We are committed to achieving long-term value creation through our strategic roadmap, while operating with integrity and respecting our stakeholders, communities and the environment.
Creating sustainable value for our stakeholders
Helping our clients transform into smart, inclusive and sustainable organizations
Managing our operations ethically and responsibly
Contributing to global social and environmental initiatives
Our goal
To grow our business in a way that takes care of the world around us, delivering value to anyone associated with us
Progress and targets
Environment
2025 progress
26%
reduction of absolute Scope 1, 2 and 3 GHG emissions vs revised science-based target (SBT) 2019 baseline year
100%
use of renewable electricity in Temenos internal operations
74%
ISO 14001:2015 certification coverage
Targets
50%
reduction of absolute Scope 1, 2 and 3 GHG emissions by 2030 VS 2019. New target submitted for SBTi validation
Net-zero
GHG emissions by 2050
Social
2025 progress
35%
gender diversity in global workforce
45%
gender diversity of employees under 30 years old
Targets
40%
gender diversity in global workforce by 2030
Governance
2025 progress
43%
gender diversity in Board of Directors
60%
gender diversity in Executive Committee
99%
employees completed Business Code of Conduct and mandatory compliance trainings
Targets
30%
gender diversity in Board of Directors by 2025
>97%
completion rate of Business Code of Conduct and mandatory compliance trainings by 2025
