Computacenter Delivers ‘Record’ Performance As H1 Revenue Hits $9.3B

U.K. turnover more than doubled amid soaring technology sourcing demand.

Computacenter has posted record H1 results, with revenue soaring 71.6 percent to $9.3 billion (£6.85 billion) fueled by North American and U.K. operations.

The Hatfield, U.K.-HQ VAR’s gross invoiced income (GII) leapt 57.6 percent year-on-year to $12.05 billion (£8.9 billion) during the six months ended June 30, while gross profit jumped 30.5 percent to $891 million (£657.9 million).

“Computacenter delivered a record H1, significantly ahead of our expectations at the start of the year, as we converted strong and growing customer demand for digital infrastructure into substantial revenue, gross profit and operating profit growth,” said CEO Mike Norris.

Technology sourcing was the main engine behind the surge, with revenue skyrocketing 85.9 percent from $4.33 billion (£3.2 billion) to $7.99 billion (£5.9 billion).

Professional services revenue was also up 36.1 percent to $707.8 million (£522.6 million), while managed services slipped 2.9 percent to $558.7 million (£412.5 million).

NORAM Leads The Charge

The North American region (NORAM) was the standout geography, with revenue surging 84.1 percent from $2.8 billion (£2.1 billion) to $5.15 billion (£3.8 billion).

Technology sourcing revenue soared 81.5 percent to $4.875 billion (£3.6 billion), while professional services turnover nearly tripled from $89.9 million (£66.4 million) to $256 million (£189.1 million).

Computacenter attributed the performance to rising investment in AI infrastructure alongside growth among hyperscale, neocloud and enterprise customers.

“Our growth and market share gains were driven by customer investment in AI infrastructure, alongside more traditional enterprise and state government projects,” the firm said.

The reseller also completed two acquisitions across the region during the period.

It snapped up California-based professional services specialist AgreeYa in January before completing its takeover of Government Acquisitions Incorporated (GAI), a VAR focused on the U.S. federal government market, in June.

AgreeYa generated around $120 million in revenue and $14 million in adjusted EBITDA in 2025.

The acquisitions added eight major customers to Computacenter’s NORAM business, where the total increased by 14 year-on-year to 67.

Computacenter UK Revenue More Than Doubles

The U.K. also recorded a sharp acceleration, with revenue skyrocketing 136.4 percent from $866.8 million (£640 million) to $2.05 billion (£1.51 billion).

Technology sourcing revenue more than tripled to $1.76 billion (£1.3 billion).

Services turnover grew 6.6 percent to $330.6 million (£244.1 million), including a 13 percent rise in professional services to $140 million (£103.5 million) and a 2.3 percent increase in managed services to $190.4 million (£140.6 million).

Computacenter said professional services benefited from demand across workplace, cybersecurity, cloud and applications, including major transformation projects for a large public sector customer.

Managed services growth was more modest, driven partly by maturing contracts in defense, while a previously flagged underperforming contract continued to weigh on the business.

The organization’s U.K. branch ranks number two on CRN’s Top VARs list.

Western Europe (Still) On The Mend

Western Europe delivered a more mixed performance, with revenue rising 15.7 percent to $561.7 million (£414.7 million) and GII climbing 24.7 percent to $1 billion (£738.4 million).

While technology sourcing’s revenue soared 28 percent to $420.7 million (£310.6 million), services fell 10 percent to $141 million (£104.1 million).

Professional services dropped 7.8 percent to $35.4 million (£26.1 million), while managed services dropped 10.8 percent to $105.6 million (£78 million).

France benefited from stronger public sector hardware volumes following a weak 2025, but both managed and professional services declined following contract losses.

Belgium improved across both technology sourcing and services, while the Netherlands delivered a broadly flat performance as technology sourcing growth was offset by weaker services.

Switzerland remained a weak spot, with Computacenter describing its performance as “disappointing” following lower managed services volumes from a key customer.

Raised FY26 Outlook

Computacenter raised its full-year outlook following the results and a strong start to H2.

The organization finished June with a committed product order backlog of $12.6 billion (£9.3 billion), up 323.2 percent year-on-year and 29.5 percent from the end of 2025 in constant currency.

“Following a strong start to the second half and a further increase in our committed product order backlog, we now expect adjusted PBT for full-year 2026 to be significantly ahead of current market expectations and to be no less than £380m,” Norris said.

Looking further ahead, the VAR noted that continued technology innovation and demand, combined with its technology sourcing, professional services and managed services operations, leave it well placed to deliver further profitable growth.

This article originally appeared on CRN sister website CRN UK.