Eagle Eye Solutions Reports 31% Surge in Recurring Revenue on Major Contract Wins

Eagle Eye Solutions, a UK-based marketing technology firm, reported a 31% year-over-year increase in annual recurring revenue (ARR) to £44.5 million for its 2026 fiscal year. In a trading update, the company attributed the strong performance to significant new customer acquisitions and progress in a key strategic partnership.

Fiscal 2026 Results Exceed Expectations

The company's key performance indicators showed robust growth across the board. Total revenue for the fiscal year rose 21% to £46.1 million, excluding the impact of a previously lost contract with NRS, according to the report.

Adjusted EBITDA, a key measure of profitability, came in at £9.8 million, surpassing the company's previously upgraded expectations. This performance was supported by a strategic shift toward higher-margin business, with a larger share of revenue coming from its recurring software-as-a-service (SaaS) offerings.

New Contracts and Partnerships Fuel Growth

A series of high-profile customer wins were central to the year's success. Eagle Eye secured major contracts with airline easyJet, food chain Subway, and a leading UK health and beauty retailer, all of which contributed to revenue and ARR growth during the period.

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Furthermore, the company's global original equipment manufacturer (OEM) partnership began generating its first contracts, adding to the recurring revenue base. Eagle Eye stated it expects this partnership to become a more significant driver of growth starting in the 2027 fiscal year.

Positive Outlook and Margin Improvement

The company highlighted a 34% increase in revenues from its EagleAI platform, which helped bolster overall margin and profit performance. Looking ahead, Eagle Eye is targeting double-digit growth in both revenue and EBITDA for fiscal year 2027.

The firm also maintained its medium-term financial goals, which include exceeding £100 million in revenue and achieving an adjusted EBITDA margin above 30%.