Octave Intelligence (OCTV) Q2 FY26 earnings call

Octave Intelligence, in its inaugural quarter as an independent public company, delivered solid Q2 FY26 results with organic ARR growth of 7% to $1.43 billion and SaaS revenue up 21%. The company is executing on its strategic shift towards a recurring revenue model, with recurring revenue now comprising 69% of LTM total. While total revenue saw a slight organic decline due to perpetual license timing and a prudent guidance adjustment, profitability remained strong with a 29% adjusted operating margin and 23% free cash flow margin, absorbing public company launch costs. The company is focused o