Q2 2026 Freightos Ltd Earnings Call Transcript
Key Points
- Record Q2 revenue of $7.7 million, exceeding expectations, with platform revenue up 19% year-over-year.
- Adjusted EBITDA loss improved to a record low of negative $2 million, reflecting tight cost discipline.
- Gross booking value (GBV) reached a record $422 million, up 33% year-over-year, driven by high air freight rates.
- Added Korean Air to the network, a strategic milestone in expanding Asian carrier participation.
- Excluding Middle East-affected routes, transaction growth remained in line with the long-term 20%-30% model.
- Solutions revenue declined 4% year-over-year due to execution gaps and pricing pressure on renewals.
- Adjusted EBITDA loss, while improved, was still negative $2 million, with cash burn of $2.1 million in Q2.
- Middle East conflict continued to weigh on booking volumes in affected corridors, with no full normalization assumed.
- Clearit refund claims activity, a major Q2 tailwind, is expected to be largely temporary, reducing future platform revenue contributions.
- Full-year revenue guidance midpoint remained essentially unchanged despite Q2 beat, reflecting weaker solutions expectations and one-time benefits.
Hello and welcome to Freightos Q2 2026 earnings conference call.
A press release with detailed financial results was released earlier today and is available on the Investor Relations section of our website, freightos.com/investors.
My name is Anat Earon-Heilborn, and I'm joined today by Pablo Pinillos, Freightos' CEO and Interim CFO and Ian Arroyo, Chief Strategy Officer.
Following the prepared remarks, we'll open the call for questions. We are sharing slides during the call and using video, so we recommend using Zoom on a computer rather than dialing in by phone.
The slides as well as a recording of this earnings call will be available on our website shortly after the call.
Please be aware that today's discussion contains forward-looking statements which are subject to a number of risks and uncertainties. Actual results may differ materially due to various risk factors. Please refer to today's press release and our SEC filings for more information on risk factors and other factors
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