Reported results
- Total revenue for Q2 2026 was $46.6 million, representing 188% growth compared to Q2 2025, exceeding guidance of $44.0 million.
- GAAP net loss narrowed to $21.2 million in Q2 2026, compared to GAAP net loss of $44.1 million in Q2 2025.
- Non-GAAP Adjusted EBITDA was negative $8.3 million in Q2 2026, beating guidance of negative $8.5 million and improving sequentially from negative $11.5 million in Q1 2026 by $3.2 million.
- Platform revenue was $23.6 million in Q2 2026 (up from $8.7 million in Q2 2025); Platform solutions revenue was $22.9 million in Q2 2026 (up from $7.4 million in Q2 2025).
- The company has over 30 customers each generating $1M+ in annual contract value and reached a milestone with its first customer exceeding $10M in annual contract value.
- Subsequent to quarter close, Gloo extended the term of its senior secured loan of $13.2 million by one year to April 2028.
Guidance
- Q3 2026 revenue expected to be $55 million, representing 69% growth compared with prior-year period.
- Q3 2026 non-GAAP Adjusted EBITDA expected to be negative $3.5 million.
- Fiscal year 2026 revenue guidance raised to $200 million.
- Company expects to achieve non-GAAP Adjusted EBITDA profitability in Q4 2026.
Notes
The company notes it has not provided a reconciliation of forward Adjusted EBITDA guidance to GAAP net loss due to inability to predict with reasonable certainty adjustments for interest expense, changes in fair value of financial instruments, equity-based compensation, employee stock transactions and related tax effects. Six months ended July 31, 2026 total revenue was $88.1 million (up from $28.5 million in six months ended July 31, 2025); six months GAAP net loss was $38.2 million (compared to $71.1 million); six months non-GAAP Adjusted EBITDA was negative $19.8 million (compared to negative $36.2 million).
Price and volatility reaction
Source
The figures above come from the earnings release the company filed with the SEC on 2026-09-09 (8-K, Item 2.02). Read the original filing on sec.gov.
