Gloo Reports Strong Q2 Revenue Growth, Raises Full-Year Outlook
Gloo Holdings (NASDAQ: GLOO) reported second-quarter revenue of $46.6 million for the period ended July 31, 2026, representing an 188% year-over-year increase and a 12% sequential rise. The growth was driven by its Gloo 360 platform, Workspace product line, and recent acquisitions such as Masterworks, Westfall Group, and Enterprise Market Desk (EMD). As part of the strong performance, the company raised its full-year revenue guidance to $200 million from a previous estimate of $195 million. Looking ahead, Gloo expects third-quarter revenue of $55 million with an adjusted EBITDA loss narrowing to $3.5 million, reflecting continued margin improvements and operational efficiencies. The CEO highlighted the company's consistent performance across all quarters since its IPO and progress toward achieving adjusted EBITDA profitability in Q4 2026 and free-cash-flow positivity by mid-2027. Gloo also announced a new AI development capability called Gloo Code, signaling further expansion of its technology strategy.
Topics: acquisitions ai_strategy ebitda_forecast revenue_growth