E2open Q1 FY26: GAAP subscription revenue $132.9mln, above guidance.

• E2open Q1-FY26 GAAP subscription revenue $132.9mln, above high end of guidance. • Strong cash generation in Q1-FY26. • e2open's core business strengthens, putting the company on a sustainable growth path. • e2open's team remains focused on client satisfaction and retention. • e2open continues to deliver its products flawlessly.

E2open, a leading connected supply chain SaaS platform, has announced its fiscal first quarter 2026 (Q1-FY26) financial results, showcasing a robust performance that underscores the company's commitment to sustainable growth. The company reported GAAP subscription revenue of $132.9 million, surpassing the high end of its Q1 guidance range [1].

The quarter saw continued strong cash generation, with the company's core business demonstrating resilience and growth. "Our first quarter results demonstrate that our core business continues to strengthen and underscore the progress we have made in putting e2open back on a sustainable growth path," said Andrew Appel, e2open's chief executive officer. The company's team remains focused on client satisfaction and retention, delivering products flawlessly and innovating to add value [1].

Marje Armstrong, the company's chief financial officer, highlighted the significant milestones achieved during the quarter. "In Q1 FY26, e2open delivered subscription revenue above the high end of our guidance, marking our first year-over-year subscription revenue growth since mid-FY24. We also continued our trend of strong adjusted EBITDA and cash flow," she stated [1].

Financial highlights for the quarter include:
- GAAP subscription revenue of $132.9 million, up 1.1% from the year-ago period and 87.0% of total revenue.
- Total GAAP revenue of $152.6 million, a 1.0% increase from the year-ago period.
- GAAP gross profit of $73.6 million, up 1.3% from the year-ago period.
- GAAP net loss of $15.5 million, compared to a net loss of $42.8 million in the year-ago period.
- Adjusted EBITDA of $52.2 million, an increase of 3.0% from the year-ago period [1].

E2open also announced a strategic acquisition by WiseTech Global, which is expected to close by the end of this calendar year. The acquisition aims to bring industry-leading supply chain management capabilities to e2open's clients [1].

Looking ahead, e2open reiterated its full-year 2026 guidance:
- GAAP subscription revenue is expected to be in the range of $525 million to $535 million.
- Total GAAP revenue is 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%.
- Adjusted EBITDA is expected to be in the range of $200 million to $210 million with an implied adjusted EBITDA margin in the range of 33% to 34% [1].

The company will host a conference call today at 5:00 p.m. ET to review its Q1-FY26 financial results and outlook for the remainder of the fiscal year. For more information, visit e2open's website [1].

References:
[1] https://www.businesswire.com/news/home/20250710969967/en/E2open-Announces-Fiscal-2026-First-Quarter-Financial-Results