Revenue: As of FY2026 Q2, the actual value is USD 191.31 M.

EPS: As of FY2026 Q2, the actual value is USD -1.42.

EBIT: As of FY2026 Q2, the actual value is USD -4.57 M.

Second Quarter 2026 Financial Highlights

• Gross margin was 21.5%, an 80 basis point increase year-over-year on a pro forma basis for the second quarter of 2026.
• Adjusted gross margin reached a record 24.9%, representing a 290 basis point increase year-over-year on a pro forma basis.
• XBP Global Holdings, Inc. recorded a net loss of - $16.7 million.
• Normalized EBITDA was $21.9 million, an 8.4% increase year-over-year on a pro forma basis.
• Total Contract Value (TCV) closed amounted to $121.3 million, marking a 51.6% increase year-over-year and 41.9% above the trailing four-quarter average.
• New Annual Contract Value (ACV) closed was $36.0 million, reflecting a 57.0% increase year-over-year and 39.3% above the trailing four-quarter average.

Operational Metrics (Three Months Ended June 30, 2026)

• Cost of revenue was $150,155 thousand.
• Selling, general and administrative expenses totaled $27,936 thousand.
• Depreciation and amortization expenses were $15,268 thousand.
• The company reported an operating loss of - $3,722 thousand.

Operational Metrics (Six Months Ended June 30, 2026)

• Cost of revenue for the six months was $302,052 thousand.
• Selling, general and administrative expenses for the six months were $70,751 thousand.
• Depreciation and amortization for the six months amounted to $30,117 thousand.
• The operating loss for the six months was - $18,804 thousand.
• The net loss for the six months was - $43,467 thousand.

Cash Flow (Six Months Ended June 30, 2026)

• Net cash used in operating activities was - $15,186 thousand.
• Net cash used in investing activities was - $3,333 thousand.
• Net cash used in financing activities was - $21,759 thousand.

Outlook / Guidance

• XBP Global Holdings, Inc. increased its target for annualized operational efficiencies from AI-led automation efforts to $65 to $75 million, an increase from the previous target of $55 to $60 million. The company anticipates realizing approximately $35 million of this benefit during 2026.