Gloo reaffirms FY26 revenue view over $180M, consensus $89.91M

In a letter to investors, CEO Scott Beck reaffirmed its FY26 revenue outlook of over $180M, with a clear path to adjusted EBITDA profitability in Q4 2026. This represents significant progress from approximately $23M in revenue in fiscal year 2024, to $90M in fiscal year 2025, and guidance of $180M for fiscal year 2026. “Disciplined M&A, combined with rapid advances in AI, is materially improving the efficiency of our operating model. Through our acquisitions, Gloo (GLOO) is increasingly becoming a customer of the same services we provide to the ecosystem. Each acquisition strengthens the platform and enables us to run our own IT operations and marketing through Gloo’s technology. This reduces duplication, lowers direct IT and marketing costs, and allows us to directly benefit from the AI-driven workflows we deliver to customers. As a result of these efficiencies, we made some targeted workforce reductions this week to eliminate duplication, while reallocating resources toward the areas of highest growth and return. Together, these actions increase our confidence in achieving adjusted EBITDA profitability in Q4 2026.” Beck also said he is “not pleased” with where the stock trades today. “We do not believe the current stock price reflects the strength of our platform, the differentiation of our assets, or the trajectory of our business. We also do not believe it reflects the unique position we hold in serving a large, underserved ecosystem, our proprietary data advantages, or the compounding value of our AI capabilities.”