Gloo Holdings reported a massive top-line expansion for the second quarter of 2026, with revenue surging 188% year-over-year to $46.6 million. While the net loss per share of $0.25 was wider than the $0.11 estimate, the company demonstrated significant operational scaling through enterprise customer growth and raised its fiscal year 2026 revenue guidance to $200 million.
Key Highlights
- Total revenue of $46.6 million beat the analyst estimate of $18.2 million by 156%, driven by the integration of strategic acquisitions and increased platform adoption.
- Net loss narrowed to $21.2 million from $44.1 million in the prior-year period as the company maintained flat absolute operating expenses despite the revenue surge.
- Adjusted EBITDA reached negative $8.3 million, marking the third consecutive quarter of improvement and beating internal guidance of negative $8.5 million.
- Enterprise momentum reached a milestone with over 30 customers generating more than $1 million in annual contract value, including the first customer to exceed $10 million in ACV.