Filing Flows › Octave Intelligence (OCTV) › Q2 2026 › vs Q2 2025
Octave Intelligence (OCTV) Q2 2026 vs Q2 2025 (year over year)
Octave Intelligence's revenue fell $14.9M (-4%) from $413M in Q2 2025 to $398M in Q2 2026. The biggest changes: Services and other −$18.5M (-19%); Subscriptions and licenses +$3.6M (+1%).
Octave Intelligence, Q2 2026: revenue $398M (-4% year over year), operating margin -519.5%, net loss $2.0B, operating cash flow $125M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 30.8% | 29.3% | +1.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Maintenance subscription | $123M | $123M | $351K | +0.3% |
| SaaS | $87.2M | $71.0M | $16.2M | +23% |
| Subscription licenses | $72.5M | $73.6M | −$1.1M | -1% |
| Licenses | $39.1M | $51.0M | −$11.9M | -23% |
| Subscriptions and licenses | $322M | $318M | $3.6M | +1% |
| Services and other | $76.5M | $95.0M | −$18.5M | -19% |
| Revenue | $398M | $413M | −$14.9M | -4% |
| Other income, net | $2.0M | −$340K | $2.3M | — |
| Income tax benefit | $97.2M | −$21.4M | $119M | — |
| Net loss | $2.0B | −$75.2M | $2.0B | — |
| Costs & expenses | $2.5B | $413M | $2.1B | +497% |
| Operating costs | $2.5B | $316M | $2.2B | +680% |
| Cost of revenue | $92.8M | $107M | −$14.2M | -13% |
| Research & development | $54.6M | $46.4M | $8.1M | +18% |
| Sales & marketing | $100M | $97.9M | $2.1M | +2% |
| General & admin | $39.5M | $43.5M | −$4.0M | -9% |
| Other operating costs | $2.2B | $21.8M | $2.2B | 100× |
| Operating cash sources | $2.1B | $47.8M | $2.0B | 44× |
| Depreciation & amortization | $47.5M | $41.3M | $6.1M | +15% |
| Share-based compensation | $3.2M | $3.3M | −$52K | -2% |
| Working capital & other | $2.0B | $3.2M | $2.0B | 632× |
| Net loss absorbed | $2.0B | −$75.2M | $2.0B | — |
| Operating cash flow | $125M | $123M | $2.4M | +2% |
| Free cash flow (OCF − capex) | $123M | $121M | $1.7M | +1% |
| Capital expenditures | $2.7M | $2.0M | $693K | +34% |
Questions
How much did Octave Intelligence's revenue grow year over year in Q2 2026?
Octave Intelligence's revenue fell $14.9M (-4%) from $413M in Q2 2025 to $398M in Q2 2026.
What drove Octave Intelligence's revenue change in Q2 2026?
Services and other −$18.5M (-19%); Subscriptions and licenses +$3.6M (+1%).