Recent Updates — CLBT
Cellebrite DI Ltd. reported unaudited financial results for the six months ended June 30, 2026. Total revenue increased to $259.4 million from $220.8 million in the prior year period, driven by a rise in subscription services to $194.2 million. Operating income declined to $16.1 million from $26.7 million as operating expenses grew 23% to $195.7 million due to increased research and development and sales costs. Net income fell to $17.3 million from $36.9 million, resulting in diluted earnings per share of $0.07 compared to $0.15 previously. The company completed the acquisition of SCG Canada Inc., a provider of drone forensic solutions, on March 1, 2026, for approximately $15.3 million in cash consideration plus deferred payments and transaction costs. Cellebrite operates in the digital forensics and investigation technology industry.
Cellebrite DI Ltd. announced that Shiven Ramji succeeded Thomas E. Hogan as Chief Executive Officer and joined the Board of Directors, effective August 13, 2026. The company reported Second-Quarter 2026 financial results showing revenue of $131.1 million, up 16% year-over-year, with GAAP net income of $6.4 million and Non-GAAP diluted EPS of $0.11. Total Annual Recurring Revenue reached $507.8 million, a 21% increase. However, management lowered the full-year 2026 ARR outlook to $550–$560 million and revenue guidance to $555–$561 million due to longer sales cycles and slower Inseyets conversions, while raising the Adjusted EBITDA target to $153–$159 million. Cellebrite operates in the digital investigative and intelligence solutions industry.