--- title: "XBP GLOBAL HOLDINGS INC. C/WTS 30/11/2028 (TO PUR COM) | 8-K: FY2026 Q2 Revenue: USD 191.31 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295847119.md" datetime: "2026-08-13T21:05:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295847119.md) - [en](https://longbridge.com/en/news/295847119.md) - [zh-HK](https://longbridge.com/zh-HK/news/295847119.md) generator: "portal-rs" --- # XBP GLOBAL HOLDINGS INC. C/WTS 30/11/2028 (TO PUR COM) | 8-K: FY2026 Q2 Revenue: USD 191.31 M Revenue: As of FY2026 Q2, the actual value is USD 191.31 M. EPS: As of FY2026 Q2, the actual value is USD -1.42. EBIT: As of FY2026 Q2, the actual value is USD -4.57 M. #### Revenue Revenue for the second quarter of 2026 totaled $191.3 million, marking a 14.0% decline year-over-year on a pro forma basis. As reported, revenue for the three months ended June 30, 2026, was $191,311 thousand, an increase from $182,712 thousand in the same period of 2025. For the six months ended June 30, 2026, as reported revenue was $388,396 thousand, up from $374,692 thousand in 2025. #### Profitability XBP Global Holdings, Inc. reported a net loss of - $16.7 million for the second quarter of 2026. The net loss for the three months ended June 30, 2026, was - $16,704 thousand, which is an improvement from - $65,061 thousand in the prior year. For the six months ended June 30, 2026, the net loss was - $43,467 thousand, compared to - $25,438 thousand for the same period in 2025. The operating loss for the three months ended June 30, 2026, was - $3,722 thousand, contrasting with an operating profit of $5,566 thousand in the prior year. For the six months ended June 30, 2026, the operating loss was - $18,804 thousand, compared to an operating profit of $11,549 thousand in 2025. Gross margin was 21.5% for the second quarter of 2026, an 80 basis point increase year-over-year on a pro forma basis. Adjusted gross margin reached a record 24.9% in the second quarter of 2026, representing a 290 basis point increase year-over-year on a pro forma basis. Pro Forma Gross Margin for the three months ended June 30, 2026, was 21.5%, up from 20.7% in 2025, and for the six months ended June 30, 2026, it was 22.2%, up from 21.5% in 2025. Adjusted Gross Margin (non-GAAP) for the three months ended June 30, 2026, was 24.9%, compared to 22.0% in 2025. Normalized EBITDA was $21.9 million for the second quarter of 2026, an 8.4% increase year-over-year on a pro forma basis. Pro Forma Normalized EBITDA for the three months ended June 30, 2026, was $21,924 thousand, compared to $20,219 thousand in 2025. For the six months ended June 30, 2026, Pro Forma Normalized EBITDA was $37,518 thousand, compared to $46,185 thousand in 2025. #### Operating Costs Cost of revenue (exclusive of depreciation and amortization) for the three months ended June 30, 2026, was $150,155 thousand, compared to $145,052 thousand in 2025. Selling, general and administrative expenses (exclusive of depreciation and amortization) for the three months ended June 30, 2026, were $27,936 thousand, compared to $20,719 thousand in 2025. Depreciation and amortization for the three months ended June 30, 2026, was $15,268 thousand, compared to $8,582 thousand in 2025. #### Cash Flow Net cash used in operating activities was - $15,186 thousand for the six months ended June 30, 2026, showing an improvement from - $75,863 thousand in the same period of 2025. Net cash used in investing activities was - $3,333 thousand for the six months ended June 30, 2026, compared to - $3,241 thousand in 2025. Net cash used in financing activities was - $21,759 thousand for the six months ended June 30, 2026, whereas the same period in 2025 saw net cash provided by financing activities of $60,199 thousand. #### Operational Metrics XBP Global Holdings, Inc. closed $121.3 million in total contract value (TCV) during the quarter, marking a 51.6% increase year-over-year and 41.9% above the trailing four-quarter average. New annual contract value (ACV) closed amounted to $36.0 million, a 57.0% increase year-over-year and 39.3% above the trailing four-quarter average. #### Outlook / Guidance The Company expects to achieve $65 million to $75 million in annualized operational efficiencies from AI-led automation efforts, an increase from the previous target of $55 million to $60 million. Approximately $35 million of this benefit is anticipated to be realized in calendar year 2026. Management’s priorities for the remainder of the year include strengthening the sales pipeline, advancing AI-driven automation initiatives, and continuing structural margin improvement efforts. ### Related Stocks - [XBPEW.US](https://longbridge.com/en/quote/XBPEW.US.md) ## Related News & Research - [Ripple CEO Slams $11 Billion Gold Move: Can Crypto Do Better?](https://longbridge.com/en/news/298108321.md) - [Vietnam Electric Taxi Operator GSM Plans Expansion Into US/ European Mkts Ahead of HK IPO in 2028](https://longbridge.com/en/news/297878339.md) - [CSW Industrials (CSW) Could Be 11% Undervalued As Board Changes Prompt A Fresh Look](https://longbridge.com/en/news/297841523.md) - [Arcutis Biotherapeutics grants 57,000 RSUs to 11 new hires under inducement plan](https://longbridge.com/en/news/298070777.md) - [Lianhe Sowell Raises $11 Million in Follow-On Offering to Fund Robotics and Machine Vision Expansion](https://longbridge.com/en/news/298080343.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**