XBP Global Q2 revenue falls 14% YoY but margin hits record 24.9% on AI efficiencies

Filed August 13, 2026 · Period ending August 13, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 revenue $191.3M, down 14% YoY pro forma; net loss $16.7M but Normalized EBITDA up 8.4% to $21.9M on record adjusted gross margin of 24.9% (up 290 bps YoY)

  Exhibit 99.1 view on EDGAR →
• high

  Raised AI-driven operational efficiency target to $65-75M annualized (from $55-60M), with ~$35M expected benefit in 2026; margin expansion attributed partly to automation gains

  Exhibit 99.1 view on EDGAR →
• high

  Q2 bookings strong: $121.3M total contract value (up 51.6% YoY, 41.9% above trailing 4Q avg) and $36.0M new ACV (up 57.0% YoY, 39.3% above 4Q avg), split evenly new/renewal

  Exhibit 99.1 view on EDGAR →