XBP · XBP Global Holdings, Inc.
10 customers — 39% of revenue (2025)
“While our top 5 clients accounted for 27% of 2025 revenue, and our top 10 clients accounted for 39% of 2025 revenue, no single client accounts for more than 10% of 2025 revenue.”
5 customers — 27% of revenue (2025)
“While our top 5 clients accounted for 27% of 2025 revenue, and our top 10 clients accounted for 39% of 2025 revenue, no single client accounts for more than 10% of 2025 revenue.”
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 13, 2026TL;DR. XBP Global posted a record adjusted gross margin of 24.9% and raised its annualized efficiency target to $65–$75M, but revenue declined 14% year-over-year on a pro forma basis and the company reported a $16.7M net loss.
- + Raised annualized operational efficiency target to $65–$75M (from $55–$60M) with ~$35M expected in-year benefit.
- + Adjusted gross margin reached a record 24.9%, up 290 bps year-over-year.
- + Normalized EBITDA rose to $21.9M, an 8.4% increase year-over-year, with margin expanding to 11.5%.
- + Total contract value bookings of $121.3M, up 51.6% year-over-year, with new ACV up 57% year-over-year.
- + Revenue per employee grew to ~$89,000, on track toward $100,000 by year-end, well above peer average of ~$60,000.
- − Revenue declined 14% year-over-year on a pro forma basis to $191.3M.
- − Net loss of $16.7M reported for the quarter.
- − Applied workflow automation segment revenue declined 16.7% year-over-year.
- − Public sector contract timing remains volatile due to geopolitical uncertainty.
- − Total pipeline of $2.5B was roughly flat sequentially.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Applied Workflow Automation segment profit | $26.81M | Three months ended June 30, 2026 filing | — |
| Technology segment profit | $14.35M | Three months ended June 30, 2026 filing | — |
| Total segment profit | $41.16M | Three months ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Infrastructure — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
XBP
this stock
XBP Global Holdings, Inc.
|
$38.14M | -52.9% | — | — | 0.2% |
|
MSFT
Microsoft Corp
|
$3.97T | +10.6% | +6.9% | 29.8 | 0.8% |
|
PLTR
Palantir Technologies Inc.
|
$502.36B | +17.6% | +56.2% | 178.7 | 2.3% |
|
ORCL
Oracle Corp
|
$427.56B | -27.5% | +17.3% | 22.2 | 1.6% |
|
PANW
Palo Alto Networks Inc
|
$342.56B | +127.4% | +29.0% | — | 2.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| XBP | +1.4% | +13.4% | +10.7% | -0.3% | -52.9% |
| SPY | +1.2% | +1.9% | +9.9% | +2.1% | +14.2% |
| vs SPY | +0.3% | +11.6% | +0.8% | -2.4% | -67.0% |