Cellebrite Di Ltd. ( (CLBT) ) has released its Q1 earnings. Here is a breakdown of the information Cellebrite Di Ltd. presented to its investors.
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Cellebrite DI Ltd. is a global leader in digital investigative solutions, providing AI-powered platforms for digital evidence analysis to public safety organizations, intelligence agencies, and businesses worldwide. In its first-quarter 2025 earnings report, Cellebrite reported a significant 20% increase in revenue, reaching $107.5 million, driven by a 21% growth in subscription revenue. The company’s Annual Recurring Revenue (ARR) also saw a substantial rise of 23%, amounting to $408 million, while adjusted EBITDA grew by 34% year-over-year to $23.7 million, reflecting a 22% margin.
Key financial highlights from the quarter include a GAAP net income of $17.4 million and a non-GAAP net income of $26.2 million. The company’s subscription services revenue was $95.8 million, contributing significantly to the overall revenue growth. The gross profit margin remained robust at 83.7%, with non-GAAP figures slightly higher at 84.4%. Additionally, Cellebrite’s innovation efforts were underscored by the launch of its Spring 2025 Release, which introduced the Cellebrite Cloud and AI-powered enhancements to its digital investigation platform.
Cellebrite’s strategic initiatives included hosting its inaugural user conference, which attracted 700 attendees from 350 agencies across 27 countries. The event featured the first-ever Digital Justice Awards, recognizing excellence in digital investigations. The company’s forward-looking statements suggest a stable outlook for the second quarter, with expectations for ARR between $416 million and $426 million and revenue projected to be between $110 million and $116 million.
Looking ahead, Cellebrite remains optimistic about its growth trajectory, maintaining its full-year 2025 ARR and EBITDA targets. The company anticipates continued top-line growth and profitability, supported by prudent cost management and strategic investments in innovation and market expansion. Despite adjusting its full-year revenue targets due to timing and anticipated lower one-time professional services revenue, Cellebrite is well-positioned to capitalize on its diversified global presence and comprehensive digital solutions portfolio.