Kainos boosts revenue and bookings as Workday and digital units return to growth

The latest update is out from Kainos Group plc ( (GB:KNOS) ).

Kainos reported a 17% rise in revenue to £431.1 million and a 19% increase in statutory pre-tax profit, driven by strong sales execution across all three divisions, though margins were diluted by higher contractor, supplier and employee costs and investment in its Workday partnership. Bookings surged 32% and contracted backlog grew 18%, while the company maintained a solid cash position despite heavy spending on share buybacks, its new Belfast HQ and the Davis Pier acquisition.

Workday Products continued rapid expansion, lifting ARR by 23% to £89 million and putting the business on track to hit £100 million ARR by the end of 2026, supported by high-profile leadership hires and an exclusive resale deal with Workday for a new Pay Transparency product. Digital Services and Workday Services both returned to growth, underpinned by major UK public sector and healthcare wins and strong North American momentum, while AI-related revenues climbed and Kainos doubled its Responsible AI team, reinforcing its position in government technology and enterprise cloud markets.

The most recent analyst rating on (GB:KNOS) stock is a Buy with a £1282.00 price target. To see the full list of analyst forecasts on Kainos Group plc stock, see the GB:KNOS Stock Forecast page.

Spark’s Take on KNOS Stock

According to Spark, TipRanks’ AI Analyst, KNOS is a Neutral.

The score is primarily supported by strong financial fundamentals (profitability and a robust, low-leverage balance sheet). This is materially offset by weak technicals (price below key moving averages and negative MACD), while valuation is mixed with a high P/E partly balanced by a solid dividend yield.

To see Spark’s full report on KNOS stock, click here.

More about Kainos Group plc

Kainos Group plc is a UK-headquartered IT services and software company operating across Digital Services, Workday Services and Workday Products. It focuses on public sector, healthcare and commercial clients, offering digital transformation, cloud-based Workday consulting and proprietary SaaS products with a growing international footprint, particularly in Europe and North America.

Average Trading Volume: 448,507

Technical Sentiment Signal: Sell

Current Market Cap: £948.4M

See more insights into KNOS stock on TipRanks’ Stock Analysis page.