Freightos Delivers Record Revenues Amidst Global Freight Industry Headwinds
Freightos, a leading provider of freight technology solutions, has announced record revenues for the second quarter of 2026. The company's Q2 earnings conference call provided insight into its performance and strategic direction amidst a challenging global freight industry landscape.
In a press release earlier today, Freightos reported total revenue of $7.7 million, surpassing expectations and marking a 3% increase from the same period last year. Notably, platform revenue grew 19%, driven by the breadth of the company's platform revenue base, according to Pablo Pinillos, Freightos CEO and interim CFO.
The adjusted EBITDA loss improved to a record low negative $2 million, largely due to the company's tight cost discipline and prioritization efforts. This significant improvement reflects the execution gaps identified during 2025 in building a recurring revenue stream, which has since been addressed through sharper prioritization and discipline changes.
As Freightos continues to navigate industry headwinds, its global offering remains resilient and increasingly vital to customers, according to Pinillos. The company's focus on disciplined execution, tighter prioritization, and building the foundation for long-term growth has begun to show results in Q2, with a renewed emphasis on product strategy and guidance for future quarters.
Jerome Eldad's appointment as Freightos' new Chief Financial Officer, effective September 1st, brings significant public company and international operating experience to the leadership team. This transition is seen as an important step in delivering against the company's goals and ensuring financial stability and ability to fund future growth by mid-2027.
The second quarter results demonstrate Freightos' commitment to strengthening its position across the freight ecosystem, advancing its vision of becoming the infrastructure layer that connects the global freight industry. As the company looks ahead to Q3 and full-year 2026 guidance, investors and stakeholders can expect a continued focus on disciplined execution, prioritization, and strategic growth initiatives.
Freightos' performance in Q2 underscores the importance of adaptability and resilience in navigating complex and rapidly changing industries. As the global freight landscape continues to evolve, Freightos remains poised to capitalize on opportunities, leverage its expertise, and drive growth through innovative solutions and strategic leadership.
