Earnings ·
XBP Global Holdings reported second quarter 2026 financial results on August 13, 2026
XBPXBP Global Holdings, Inc.
XBP Global Holdings reported second quarter 2026 financial results on August 13, 2026. Pro forma revenue declined 14.0% year-over-year to $191.3 million, while gross margin improved to 21.5%. The company posted a net loss of $16.7 million and normalized EBITDA of $21.9 million, an 8.4% increase. Total contract value closed at $121.3 million, with new annual contract value reaching $36.0 million. Management raised its annualized operational efficiency target from $55-$60 million to $65-$75 million, expecting approximately $35 million in benefits during 2026 due to AI-led automation efforts. The company also noted it has engaged a financial advisor regarding previously announced strategic alternatives.