Restructuring Update — Q2 2026

PwC Restructuring Update – Q2 2026
  • Publication
  • June 29, 2026
232

insolvencies in Q2 2026.

444

insolvencies in H1 2026.

26%

decrease in hospitality insolvencies.

35%

increase in retail insolvencies.

In the face of ongoing economic challenges, Ireland’s insolvency levels have remained stable into mid-2026, maintaining the consistent trend observed in recent years.

During Q2 2026, Ireland recorded 232 insolvencies, as highlighted in our latest Insolvency Barometer. This brings the total for the first half of the year to 444, closely aligning with the 436 insolvencies noted in the same period of 2025.

To put these figures into context, our quarterly Insolvency Barometer measures insolvencies per 10,000 companies. In Q2 2026, this rate was 27 per 10,000, significantly below the two-decade average of 50 and the peak of 100 in 2012.

While insolvency numbers remain steady, the broader economic landscape is still uncertain. With ongoing geopolitical risks and cost pressures, it’s crucial to keep a close watch on developments throughout the rest of 2026.

Proactive cash strategies pay off

As always, refining your business’s cash culture is essential for maintaining a robust financial position and avoiding the risk of restructuring.

Cash-conscious businesses plan and manage cash at a granular level, ensuring every department takes ownership of their cash responsibilities.

Restructuring Update – Q2 2026

Understand Irish insolvency trends

(PDF of 1.19MB)

Contact us

Ken Tyrrell

Partner, PwC Ireland (Republic of)

Declan McDonald

Partner, PwC Ireland (Republic of)

Follow PwC Ireland