Gloo (GLOO) Reports Q2 2027 Earnings with Strong Revenue Growth
Gloo Holdings, Inc. reported second-quarter revenue of $46.6 million for the period ending July 31, 2026 — a year-over-year increase of 188%. This growth was driven by recent acquisitions and platform expansion. The company raised its full-year revenue guidance to $200 million from previous projections and reiterated plans to achieve adjusted EBITDA profitability in Q4 2026. Key highlights include strong performance across both Platform Solutions Revenue ($22.9 million, up 209%) and Platform Revenue ($23.6 million, up 170%). The company also reported a net loss of $21.2 million for the quarter but noted an improvement in adjusted EBITDA to negative $8.3 million — better than Q1's -$11.5 million. Gloo added over 40 universities as clients and expanded its customer base with more than 30 customers producing over $1 million annually, including one exceeding $10 million. The company also completed the acquisition of Cedarstone to enhance mid-market capabilities.
Topics: adjusted_ebitda growth guidance revenue