During the current SaaSpocalypse, Constellation Software delivered a slightly uneven but, in important ways, also encouraging quarter.
Maintenance and other recurring revenue, which is ~77% of total revenue, decelerated from 6% in 4Q'25 to 4% in 1Q'26.
LTM acquisitions as a percentage of FCFA2S have now crossed 100% for the first time since 2024.
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During the current “SaaSpocalypse,” Constellation Software (CSU)(CNSWF)(CNSWY) delivered a slightly uneven but, in important ways, also encouraging quarter. Organic growth softened, and margins took the usual Q1 hit (and a bit more), but capital deployment pace (which is why
