ExaGrid Posts Record Revenue Growth Amid Strong Competitive Wins
Event summary
- ExaGrid reported double-digit revenue growth in Q2 2026, marking its 22nd consecutive quarter of profitability.
- The company added 207 new customers, including 99 six- and seven-figure deals, with five exceeding $1M each.
- Over 50% of bookings came from outside the U.S., highlighting strong international demand.
- ExaGrid replaced a record number of Dell Data Domain appliances in Q2 2026.
The big picture
ExaGrid's record quarter underscores the growing demand for independent backup storage solutions with robust security features. The company's ability to replace competitors' appliances highlights its strategic advantage in performance, scalability, and ransomware recovery capabilities. As enterprises increasingly prioritize data protection, ExaGrid's financial health and international expansion position it as a key player in the cybersecurity and data storage sectors.
What we're watching
- Competitive Disruption
- How ExaGrid's record replacement of Dell Data Domain appliances will impact market share dynamics.
- International Expansion
- Whether ExaGrid can sustain its strong international growth, particularly in non-U.S. markets.
- Product Innovation
- The pace at which ExaGrid integrates support for Cohesity DataProtect and other key features to maintain competitive edge.
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