Reported results
- Fiscal year 2026 net income (GAAP) of $2.8 million, or $0.09 per diluted share, compared to $1.3 million, or $0.04 per diluted share, in fiscal 2025
- B2B ARR grew $2.0 million or 14.1% to $16.2 million; total ARR of $22.5 million, up 7.8% year-over-year
- Total gross profit of $25.1 million, up 3.6%, with gross margin improved 260 basis points to 51.9%
- Adjusted EBITDA (non-GAAP) of $5.8 million, a company record, compared to $5.3 million in fiscal 2025
- Platform subscription revenue up 9.8% to $20.8 million; Platforms revenue represented 43% of total revenue versus 39% in prior year
- Total revenue of $48.3 million compared to $49.1 million in fiscal 2025; cash flow from operations of $5.3 million with $12.6 million cash and equivalents at fiscal year end
Notes
Prior-year fiscal 2025 results included $1.7 million of net other expense related to the Scite earn-out. Fourth quarter fiscal 2026 included AI-related ARR of $0.8 million, which grew 125% sequentially from Q3 fiscal 2026.
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.
