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UK IT services company specializing in digital transformation, notably Workday cloud implementation and public-sector digital services.
UK IT services company specializing in digital transformation, notably Workday cloud implementation and public-sector digital services.
Earns most from project fees for setting up and customising Workday systems and for building digital services for government departments, billed mainly on time spent or agreed deliverables. Managed-service and software-licence income from Workday customers and its own products gives steadier income.
In one line: A UK niche Workday implementation partner.
Moat: narrow (customer qualification, process know-how, brand). Deep Workday partner accreditation and a long public-sector delivery track record.
Headquarters: Belfast, UK · Founded: 1986 · Employees: 3,216
Size Kainos (KNOS.L) is a United Kingdom Information Technology company (Information Technology Services) with a market value of $1.92B, the 162nd largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £1,230 on 6 Nov 2026.
Performance Over six months the shares gained 56.8%, against -11.0% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 17.4% over the last twelve months (peer median +6.0%); the operating margin is 11.3% (peer median 7.8%).
Valuation It trades at 23.2× forward earnings against a peer median of 19.5× (7th most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 22% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £431M | £431M | £367M | £382M | £375M |
| Revenue growth | — | +17% | -4% | +2% | — |
| Gross profit | £199M | £199M | £176M | £187M | £177M |
| EBITDA | £54.8M | £55.8M | £52.8M | £61.7M | £54.0M |
| Net income | £42.5M | £42.5M | £35.6M | £48.7M | £41.6M |
| Free cash flow | £52.8M | £52.8M | £61.1M | £67.4M | £60.8M |
| Capital expenditure | £8.04M | £8.04M | £3.37M | £5.66M | £2.50M |
| Total debt | n/a | £6.14M | £5.56M | £5.90M | £1.38M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Kainos KNOS.L | $1.92B | +57% | +17% | 11% | 23.2× | 21.7% |
| Accenture ACN | $154B | +44% | +6% | 15% | 17.8× | 3.7% |
| Capgemini CAP.PA | $24.1B | +31% | +6% | 11% | 10.4× | -0.1% |
| Sopra Steria SOP.PA | $4.29B | +50% | +2% | 9% | 11.2× | -0.6% |
| Capita CPI.L | $419M | -16% | -16% | 5% | 21.2× | n/a |
| Cognizant CTSH | $28.9B | +26% | +5% | -1% | 10.5× | 0.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | KNOS.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.2% | -3.5% | 9th highest of 21 |
| 6-month return | +56.8% | -11.0% | 3rd highest of 21 |
| Distance from 52-week high | -9.6% | -32.4% | 2nd highest of 21 |
| Revenue growth (TTM) | +17.4% | +6.0% | 5th highest of 21 |
| Operating margin | 11.3% | 7.8% | 6th highest of 21 |
| Forward P/E | 23.2× | 19.5× | 7th most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 21.7% | 8.5% | 3rd most demanding of 13 |
| Growth delivered (Del g) | +12.9% | +7.6% | 6th highest of 13 |
| Hurdle (Req g minus delivered) | +8.8 pp | -3.7 pp | 4th most demanding of 13 |
| EV / EBITDA | 24.6× | 11.3× | 2nd most expensive of 9 |
| Net debt / EBITDA | -1.5× | 0.3× | 4th least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kainos KNOS.L | United Kingdom | $1.92B | +57% | +17% | 11% | 23.2× | 21.7% | +12.9% |
| GMO Internet 9449.T | Japan | $1.94B | -4% | +6% | 21% | 13.4× | n/a | n/a |
| Computer Age Management Services CAMS.NS | India | $1.87B | -15% | +9% | 39% | 32.3× | n/a | n/a |
| Atea ATEA.OL | Norway | $1.99B | +6% | +12% | 4% | 16.4× | -5.0% | -1.1% |
| Concentrix CNXC | United States | $1.85B | +25% | +3% | 8% | 2.6× | -11.9% | +15.8% |
| PC Connection CNXN | United States | $2.00B | +19% | +10% | 4% | 16.6× | n/a | n/a |
| Sigma Advanced Systems SIGMAADV.NS | India | $1.83B | +196% | +358% | 12% | n/a | n/a | n/a |
| Globant GLOB | United States | $2.05B | +21% | -1% | 10% | 8.0× | -1.2% | +24.7% |
| A10 Networks ATEN | United States | $1.80B | -11% | +12% | 17% | 22.0× | 16.7% | +5.2% |
| Beijing Teamsun Technology 600410.SS | China | $2.09B | -42% | +19% | -9% | n/a | 26.0% | +3.6% |
| CETC Cyberspace Security Technology 002268.SZ | China | $1.77B | -11% | -3% | 1% | 45.0× | n/a | n/a |
| Formula Systems (1985) Ltd. Sponsored ADR FORTY | United States | $1.75B | -26% | +1% | 8% | n/a | -3.4% | +6.3% |
| Glodon 002410.SZ | China | $2.15B | -21% | -4% | 8% | 31.6× | 5.4% | +8.8% |
| Transportation Telecommunication and Information Development Inc. Ltd. Zhejiang 300469.SZ | China | $1.72B | -18% | -15% | -102% | n/a | n/a | n/a |
| Shift 3697.T | Japan | $1.71B | +61% | +24% | 11% | 19.2× | -2.2% | +28.6% |
| Omnicell OMCL | United States | $1.70B | -15% | +6% | 5% | 19.5× | 11.7% | +5.8% |
| Northking Information Technology 002987.SZ | China | $1.67B | -14% | +1% | 6% | 30.6× | 16.2% | +16.1% |
| Simplex Holdings,Inc 4373.T | Japan | $1.66B | +25% | +20% | 23% | 19.4× | 12.4% | +16.3% |
| secunet Security Networks YSN.DE | Germany | $1.66B | +20% | +13% | 11% | 37.3× | n/a | n/a |
| Mega Fortune MGRT | United States | $1.65B | -14% | -8% | -37% | n/a | n/a | n/a |
| Posco Dx 022100.KS | South Korea | $2.24B | -43% | -15% | 3% | 69.6× | 34.8% | +2.2% |