Freightos Reports Record Revenue but Faces Middle East Disruptions — Freightos Limited

Event summary

Freightos reported $7.7 million in revenue for Q2 2026, up 3% year-over-year.
Transactions grew 15% year-over-year to 458,000, driven by resumed activity in Middle East routes.
Gross Booking Value (GBV) reached a record $422 million, up 33% year-over-year.
Adjusted EBITDA loss narrowed to $2.0 million from $2.9 million in Q2 2025.
Cash and cash equivalents stood at $21.4 million as of June 30, 2026.

The big picture

Freightos' Q2 2026 results highlight the company's resilience amid geopolitical disruptions, with record revenue and GBV driven by higher air freight rates and resumed Middle East activity. The company's strategic focus on unifying its product portfolio under a single identity aims to streamline customer adoption. However, the ongoing conflict in the Middle East and market uncertainty pose challenges to its profitability targets and growth outlook.

What we're watching

Geopolitical Risks: How ongoing military conflicts in the Middle East will continue to impact international shipping routes and Freightos' transaction volumes.
Revenue Diversification: Whether Freightos can sustain growth in its WebCargo platform and customs transactions to offset lower-than-expected SaaS performance.
Profitability Targets: The pace at which Freightos can achieve its goal of exiting 2026 at Adjusted EBITDA breakeven and becoming cash generative by mid-2027.