News report 📈 Stocks 🌍 United States

Gloo Revenue Surges 188% to $46.6 Million as 2026 Outlook Hits $200 Million

Gloo Holdings reports 188% revenue growth and raises its 2026 outlook to $200 million, targeting EBITDA profitability by year-end through AI integration and strategic acquisitions.

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Gloo's Q2 revenue surged 188% YoY to $46.6 million and the company raised its fiscal 2026 revenue guidance to $200 million, signaling strong growth momentum.

🎯 Key Takeaways

  • Fiscal 2026 revenue guidance raised to $200 million, reflecting strong growth momentum.
  • Company targets adjusted EBITDA profitability in Q4 2026 and free-cash-flow positivity by H2 2027.
  • Platform solutions revenue grew 209% year-over-year, bolstered by recent acquisitions including Cedarstone and EMD.

📝 Executive Summary

Gloo Holdings reported a strong second quarter with revenue reaching $46.6 million, a 188% increase year-over-year. Driven by platform expansion and strategic acquisitions, the company raised its fiscal 2026 revenue guidance to $200 million. Management expects to reach adjusted EBITDA profitability by the fourth quarter as it scales its AI-driven technology offerings.

❓ FAQ

What is driving Gloo's revenue growth?

Growth is primarily driven by the expansion of Gloo 360 and Workspace offerings, alongside contributions from strategic acquisitions like Masterworks, Westfall Group, and EMD.

When does Gloo expect to become profitable?

Management is targeting adjusted EBITDA profitability in the fourth quarter of fiscal 2026 and aims for free-cash-flow positivity in the second half of 2027.