Freightos Limited (CRGO)
NASDAQ:CRGO
Want to see CRGO full AI Analyst Report?
Earnings Data
Report Date
Aug 24, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.09Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of structural strengths and near-term execution and market challenges. Positive indicators include GBV up 24% YoY, transactions up 15% YoY, a record carrier network, a doubled solutions pipeline, healthy non-IFRS gross margin (73.5%), and a defined cost optimization plan targeting $4.5M in annualized savings to support adjusted EBITDA breakeven by end-2026. Offsetting these positives were a Q1 transaction shortfall versus targets driven by Middle East disruptions, softer-than-expected solutions/SaaS performance, moderated revenue/transactions guidance, negative adjusted EBITDA (-$2.8M) and a ~$5M cash decline in the quarter. Management emphasized execution improvements, product investments (including predictive risk forecasting) and confidence in returning to 20%+ revenue growth in 2027 and beyond. Overall, the company appears structurally well-positioned but faces significant near-term headwinds and execution risks.Company Guidance
Revenue Growth
Q1 revenue of $7.2M, up 3% year-over-year, showing continued top-line growth despite near-term headwinds.
Platform Scale — Gross Booking Value
Gross booking value (GBV) was $343M in the quarter, up 24% year-over-year, indicating increased platform liquidity and pricing environment benefits.
Transaction Growth and Activity
Processed 425,000 transactions in Q1, up 15% year-over-year, reflecting underlying demand and platform usage expansion (although below internal target).
Carrier Network Expansion
Record 79 active carriers in the quarter (up from 77 in Q4), plus a major carrier addition after quarter-end expected to strengthen presence in APAC.
Solutions Pipeline Momentum
Solutions sales pipeline approximately doubled versus a year ago, signaling stronger future revenue opportunity and forward commercial momentum.
Gross Margin and Cost Discipline
Non-IFRS gross margin was 73.5%, within the long-term target range of 70%–80%, demonstrating healthy unit economics.
Cost Optimization Plan and Expected Savings
Cost optimization actions executed starting end of March expected to generate approximately $4.5M in annualized savings (run-rate beginning Q4 2026) to support path to adjusted EBITDA breakeven.
Product and Strategic Progress — Predictive Risk Forecasting
Launched predictive risk forecasting and continued R&D focus on integrating procurement, pricing, quoting, booking and market intelligence to reinforce long-term differentiation.
Liquidity Position
Closed the quarter with $23.5M in cash and short-term deposits; management states this provides sufficient liquidity to support operating plans and reach breakeven timing assumptions.
Long-Term Targets Reaffirmed
Management reaffirmed long-term 2027–2030 targets: transactions and GBV growth of 20%–30% YoY, revenue growth >20% (targeting 25%–30%), and non-IFRS gross margins of 70%–80%.
CRGO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CRGO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 26, 2026 | $2.04 | $2.09 | +2.70% |
Feb 23, 2026 | $2.22 | $1.55 | -30.18% |
Nov 17, 2025 | $3.81 | $3.28 | -13.91% |
Aug 18, 2025 | $3.25 | $3.61 | +11.08% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Freightos Limited (CRGO) report earnings?
Freightos Limited (CRGO) is schdueled to report earning on Aug 24, 2026, TBA (Confirmed).
What is Freightos Limited (CRGO) earnings time?
Freightos Limited (CRGO) earnings time is at Aug 24, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CRGO EPS forecast?
CRGO EPS forecast for the fiscal quarter 2026 (Q2) is -0.05.