Gloo Holdings, Inc. SEC 10-Q Report

Gloo Holdings, Inc., a company specializing in providing technology and AI-driven solutions for non-profit organizations (NCPs) and community-focused leaders (CFLs), has released its Form 10-Q report for the third quarter ended October 31, 2025. The report highlights substantial revenue growth driven by platform and platform solutions, alongside increased operating and net losses due to higher expenses and strategic investments. Financial Highlights Total Revenue: $32.6 million, marking a 431.6% increase compared to the same period in 2024, primarily driven by growth in platform and platform solutions revenue.Operating Loss: $26.7 million, up from $12.7 million in the same period in 2024, reflecting higher operating expenses due to acquisitions and increased investment in product development and marketing.Net Loss: $39.0 million, compared to $13.6 million in the same period in 2024, mainly due to increased interest expense and loss from change in fair value of financial instruments.Adjusted EBITDA: $(19.2) million, compared to $(10.2) million in the same period in 2024, reflecting increased operating expenses and interest costs. Business Highlights Platform Revenue Segments: Gloo generates platform revenue from NCPs through enterprise subscriptions to outsourced technology, AI capabilities, and advertising, as well as from CFLs through subscriptions to communication tools, content libraries, data insights, and AI capabilities.Marketplace Revenue: Marketplace revenue is generated through e-commerce platforms where CFLs purchase products like books and digital goods. Outreach, Inc. is noted as the largest online marketplace.Advertising Revenue: Advertising revenue is derived from fees for ad placements on Gloo and partner websites, with additional campaign management services introduced in fiscal 2025.Platform Solutions Revenue: Platform solutions revenue comes from technology development and marketing services provided through Gloo Capital Partners, including Midwestern Interactive, Masterworks, and Servant.Acquisitions Impact: Recent acquisitions, such as Masterworks and Midwestern, have significantly contributed to increases in advertising and platform solutions revenue.AI Capabilities Expansion: Gloo is developing Gloo AI, a faith and flourishing-based AI, to enhance engagement, data insights, and content creation for NCPs and CFLs.Cross-Selling and Upselling: The company is focused on cross-selling and upselling Gloo Capital Partners' brands to its customer base, aiming to increase revenue through bundled offerings.Customer Retention and Expansion: Gloo's business model integrates enterprise NCP sales and digital-led growth to drive platform adoption and expansion, with a focus on retaining and expanding existing customer relationships.Technology Innovation: Continued investment in technology innovation and product development is planned, particularly in advertising offerings and AI capabilities, to enhance the Gloo platform.Future Outlook: Gloo intends to pursue strategic acquisitions and investments to enhance capabilities, expand distribution, and increase platform value, focusing on mission-aligned companies with strong recurring revenue.SEC Filing: Gloo Holdings, Inc. [ GLOO ] - 10-Q - Dec. 23, 2025