10-Q · June 9, 2026
Gloo Holdings posted strong Q2 results, achieving revenue of $41.53 million, exceeding expectations by 15.4%, but reported an EPS loss of $0.22, missing the estimate of a $0.18 loss. The company is benefiting from…
Earnings analysis · 10-Q
GLOO earnings analysis
Filed September 10, 2026 · Our reading of the company's report
The latest report
Gloo delivered strong revenue of $46.573 million and raised fiscal 2026 revenue guidance to $200 million from $195 million, but diluted EPS of negative $0.25 missed consensus by $0.08 per share. The company remains…
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Gloo delivered strong revenue of $46.573 million and raised fiscal 2026 revenue guidance to $200 million from $195 million, but diluted EPS of negative $0.25 missed consensus by $0.08 per share. The company remains deeply loss-making, using $28.0 million of operating cash in the first six months and reporting substantial doubt about its ability to continue as a going concern for at least 12 months. Persistent material weaknesses in internal controls further increase reporting and execution risk.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.25
What stood out
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Revenue growth and consensus beat
Revenue was $46.573 million, up from $42 million in the prior listed quarter and 23.85% above the $37.606 million consensus estimate.
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Full-year revenue outlook raised
Fiscal 2026 revenue guidance was raised to $200 million from $195 million, a $5 million increase.
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Path to EBITDA profitability
Management’s near-term outlook called for Q3 2026 revenue of $55 million and Adjusted EBITDA of negative $3.5 million, with Adjusted EBITDA profitability expected in Q4 2026.
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EMD acquisition completed
The company issued 1,536,198 Class A shares in connection with the EMD Acquisition on May 1, 2026, expanding acquisition capacity but increasing the equity base.
What to watch
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GAAP loss and EPS miss
Diluted EPS was negative $0.25 versus the negative $0.17 consensus estimate, a $0.08 per-share miss. The company also reported a net loss of $38.1 million for the six months ended July 31, 2026.
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Going-concern and liquidity risk
As of July 31, 2026, cash and cash equivalents were $39.3 million, accumulated deficit was $78.3 million, and operating cash use was $28.0 million for the six months. Management concluded there was substantial doubt about the company’s ability to continue as a going concern for at least 12 months.
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Material weaknesses persist
Disclosure controls were not effective at the reasonable-assurance level, and management identified three material weaknesses covering IT general controls, segregation of duties, and financial close/reporting controls. The weaknesses identified for fiscal years ended January 31, 2025 and 2024 continued to exist as of July 31, 2026.
Management's outlook
Fiscal 2026 revenue guidance was raised to $200 million from $195 million. The associated outlook also called for Q3 2026 revenue of $55 million, Adjusted EBITDA of negative $3.5 million, and Adjusted EBITDA profitability in Q4 2026.
Earlier filings 2
10-K · April 15, 2026
Gloo positions itself as a niche platform provider for the “faith and flourishing” ecosystem, pursuing a two-pronged strategy of Powering Tech (subscriptions, Gloo 360, Gloo Workspace) and Powering Reach (Gloo Media…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.