E2open Exceeds Guidance with $132.9M Subscription Revenue, Announces WiseTech Global Acquisition

E2open reports Q1 subscription revenue of $132.9mln, surpassing guidance, and announces a pending acquisition by WiseTech Global. The company confirms its full-year 2026 financial guidance despite strong cash flow and adjusted EBITDA growth. E2open CEO Andrew Appel expresses optimism about the acquisition and the company's return to year-over-year subscription revenue growth.

E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform, has reported its fiscal first quarter 2026 financial results, highlighting a strong performance despite the ongoing acquisition process. The company announced subscription revenue of $132.9 million for the quarter, surpassing the high end of its guidance range. This marks the first year-over-year subscription revenue growth for e2open since mid-FY24.

The company's chief executive officer, Andrew Appel, expressed optimism about the acquisition by WiseTech Global, stating, "Our entire e2open team remains focused on client satisfaction and retention, flawless delivery of our products, and value-added innovation. These efforts came to fruition in Q1 as we returned to year-over-year subscription revenue growth. I believe e2open is well positioned for the next chapter in the company’s development, which is our pending acquisition by WiseTech Global."

E2open's chief financial officer, Marje Armstrong, confirmed the company's full-year 2026 financial guidance, despite strong cash flow and adjusted EBITDA growth. The company expects GAAP subscription revenue for fiscal 2026 to be in the range of $525 million to $535 million, with total GAAP revenue expected to be in the range of $600 million to $618 million. Non-GAAP gross profit margin is expected to be in the range of 68% to 68.5%, while adjusted EBITDA for fiscal 2026 is expected to be in the range of $200 million to $210 million.

The company's financial highlights for the first quarter include GAAP gross profit of $73.6 million, an increase of 1.3% from the year-ago comparable period, and GAAP net loss of $15.5 million, compared to a net loss of $42.8 million from the year-ago comparable period. Adjusted EBITDA for the first quarter was $52.2 million, an increase of 3.0% from the comparable year-ago period.

Recent business highlights include the announcement of the acquisition by WiseTech Global, the closing of new logo and cross-sell business with large global companies, and the opening of registration for the Connect 2025 Global Supply Chain Summit. Among the wins in the first quarter was a large cross-sell expansion with a leading global active health and wellness company.

E2open will host a conference call today at 5:00 p.m. ET to review fiscal first quarter 2026 financial results and the Company’s outlook for fiscal year 2026. The call can be accessed by dialing 888-506-0062 (domestic) or 973-528-0011 (international). A live webcast of the conference call will be accessible in the “Investor Relations” section of e2open’s website.

References:
[1] https://www.nasdaq.com/press-release/e2open-announces-fiscal-2026-first-quarter-financial-results-2025-07-10