XBP revenueQ2 2026$191.31M
- Quarter YoY
- +4.7%
- QoQ
- -3.0%
XBP revenue was $191.31M in fiscal Q2 2026 (ended Jun 30, 2026), up 4.7% from a year earlier and down 3.0% from the prior quarter. For the full fiscal 2024 it was $872.69M.
XBP Global Holdings Inc. (XBP) financials
For the twelve months ended Jun 30, 2025, XBP Global Holdings Inc. reported $816.79M of revenue and -$186.08M of net income.
- Revenue, TTM
- $816.79M
- Net income, TTM
- -$186.08M
- Net margin
- -22.8%
- Free cash flow, TTM
- -$55.03M
- EPS, diluted, TTM
- $0.31
- Cash
- $18.58M
- Total debt
- $372.91M
- P/S
- 0.05
- Market cap
- $41.4M
FY2021FY2024
FY2022FY2024
XBP revenue and earnings growth
XBP net incomeQ2 2026-$16.70M
XBP net income was -$16.70M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$65.06M a year earlier. For the full fiscal 2024 it was -$215.15M, compared with -$11.05M in fiscal 2023.
XBP EPSQ2 2026-$1.42
- FY YoY
- -16.3%
XBP diluted EPS was -$1.42 in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2024 it was $0.41, down 16.3% from fiscal 2023.
XBP free cash flowQ2 2026-$11.47M
XBP free cash flow was -$11.47M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$33.11M a year earlier. For the full fiscal 2024 it was $16.97M, compared with -$3.87M in fiscal 2023.
Income statement
| Line item | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|
| Revenue | $872.69M | - | - | - |
| Gross profit | $188.77M | $39.87M | $43.70M | - |
| Research and development | $300.0K | $900.0K | $1.10M | - |
| Selling, general and admin | - | - | $2.60M | $2.44M |
| Operating income | -$105.44M | $1.12M | -$1.95M | -$2.74M |
| Pre-tax income | -$205.14M | -$4.96M | -$5.37M | - |
| Income tax | $10.01M | $606.0K | $2.56M | - |
| Net income | -$215.15M | -$11.05M | -$7.93M | -$1.71M |
| EPS, basic | $0.41 | $0.49 | -$0.36 | - |
| EPS, diluted | $0.41 | $0.49 | -$0.36 | - |
| Diluted shares | 30.2M | 22.5M | 21.8M | - |
Balance sheet
| Line item | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|
| Cash and equivalents | $64.07M | $53.49M | $7.47M | $2.91M |
| Receivables | $18.66M | $30.24M | $35.98M | $35.11M |
| Inventory | $7.20M | $4.04M | $4.53M | - |
| Current assets | $124.40M | $49.87M | $70.02M | $220.5K |
| Goodwill | $39.72M | $22.82M | $21.98M | $23.95M |
| Total assets | $390.42M | $102.74M | $122.84M | $250.81M |
| Current liabilities | $1.79B | $82.07M | $101.89M | $2.85M |
| Short-term debt | $1.43B | $3.86M | $4.97M | - |
| Long-term debt | $1.47M | $12.76M | $14.45M | - |
| Total debt | $1.43B | $16.63M | $19.42M | - |
| Total liabilities | $1.85B | $115.31M | $149.77M | $10.16M |
| Shareholders' equity | -$1.46B | -$1.24B | -$26.93M | -$26.53M |
Cash flow
| Line item | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|
| Operating cash flow | $23.27M | -$1.53M | $9.89M | - |
| Capital expenditures | $6.29M | $2.33M | $6.37M | - |
| Free cash flow | $16.97M | -$3.87M | $3.52M | - |
| Investing cash flow | -$6.49M | -$2.67M | -$6.37M | -$250.00M |
| Financing cash flow | -$2.76M | -$305.0K | -$1.33M | $250.00M |
| Stock-based compensation | $1.60M | - | $49.4K | $146.6K |
| Depreciation and amortization | $50.31M | $2.94M | $4.39M | - |
Key ratios
Income statement
| Line item | Jun 30, 2026 | Mar 31, 2026 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $191.31M | $197.13M | $182.71M | $191.98M | $208.67M | $233.43M | - | - | - | - | - | - |
| Gross profit | $41.16M | $45.23M | $37.66M | $41.33M | $45.13M | $44.04M | $6.60M | $10.03M | $9.06M | $9.26M | $11.69M | $9.46M |
| Selling, general and admin | - | - | - | - | - | - | - | - | - | $770.9K | $438.0K | $499.6K |
| Operating income | -$3.72M | -$15.08M | $5.57M | $5.98M | -$107.14M | $2.10M | -$1.35M | $1.33M | -$2.44M | $348.0K | $1.43M | -$1.03M |
| Interest expense | - | - | - | - | - | - | - | - | - | $210.0K | $0 | $248.4K |
| Pre-tax income | -$18.46M | -$28.20M | -$64.56M | $41.65M | -$131.72M | -$23.95M | -$3.01M | -$398.0K | -$5.07M | -$173.0K | -$173.0K | -$2.41M |
| Income tax | -$1.76M | -$1.44M | $500.0K | $2.03M | $599.0K | $4.36M | $542.0K | $460.0K | -$917.0K | $1.05M | $385.0K | $92.0K |
| Net income | -$16.70M | -$26.76M | -$65.06M | $39.62M | -$132.32M | -$28.32M | -$28.84M | -$25.66M | -$5.10M | -$2.89M | -$558.0K | -$2.51M |
| EPS, basic | -$1.42 | -$2.28 | -$0.19 | -$0.14 | $0.73 | -$0.09 | -$0.16 | -$0.07 | $0.76 | -$0.13 | -$0.03 | -$0.11 |
| EPS, diluted | -$1.42 | -$2.28 | -$0.19 | -$0.14 | $0.73 | -$0.09 | -$0.16 | -$0.07 | $0.76 | -$0.13 | -$0.03 | -$0.11 |
| Diluted shares | 11.8M | 11.8M | 35.9M | 30.9M | - | 30.2M | 30.2M | 30.2M | - | 21.8M | 21.8M | 21.8M |
Balance sheet
| Line item | Jun 30, 2026 | Mar 31, 2026 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $18.58M | $28.46M | $45.27M | $56.94M | $64.07M | $37.66M | $15.56M | $3.50M | $53.49M | $65.0K | $2.48M | $2.28M |
| Receivables | $129.42M | $130.25M | $33.61M | $26.93M | $18.66M | $24.58M | $27.93M | $30.95M | $30.24M | - | - | - |
| Inventory | $11.20M | $11.38M | $4.04M | $3.65M | $7.20M | $4.06M | $4.69M | $4.74M | $4.04M | - | - | - |
| Current assets | $196.78M | $222.41M | $50.61M | $47.54M | $124.40M | $47.51M | $57.67M | $47.67M | $49.87M | $82.5K | $245.5K | $485.6K |
| Goodwill | $189.88M | $189.88M | $24.36M | $22.66M | $39.72M | $23.28M | $22.32M | $22.38M | $22.82M | - | - | - |
| Total assets | $827.77M | $871.44M | $105.18M | $98.98M | $390.42M | $99.65M | $108.03M | $99.14M | $102.74M | $7.92M | $15.95M | $15.96M |
| Current liabilities | $307.94M | $330.68M | $89.15M | $77.80M | $1.79B | $74.51M | $79.87M | $80.84M | $82.07M | $11.65M | $10.91M | $10.60M |
| Short-term debt | $25.27M | $32.26M | $6.75M | $5.44M | $1.43B | $5.05M | $5.37M | $4.65M | $3.86M | - | - | - |
| Long-term debt | $347.64M | $348.95M | $25.59M | $24.29M | $1.47M | $26.41M | $26.84M | $12.61M | $12.76M | - | - | - |
| Total debt | $372.91M | $381.21M | $32.35M | $29.73M | $1.43B | $31.45M | $32.21M | $17.26M | $16.63M | - | - | - |
| Total liabilities | $781.30M | $808.88M | $133.46M | $119.36M | $1.85B | $120.41M | $126.41M | $113.34M | $115.31M | $33.30M | $14.42M | $14.04M |
| Shareholders' equity | $46.46M | $62.56M | -$1.49B | -$1.42B | -$1.46B | -$1.32B | -$1.29B | -$1.26B | -$1.24B | -$32.78M | -$30.90M | -$29.72M |
Cash flow
| Line item | Jun 30, 2026 | Mar 31, 2026 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$10.14M | -$5.04M | -$32.14M | -$43.72M | $30.28M | -$1.47M | -$1.93M | -$3.61M | -$3.28M | $3.21M | $3.28M | -$4.75M |
| Capital expenditures | $1.33M | $1.09M | $968.0K | $1.27M | $1.14M | $4.60M | $168.0K | $385.0K | $76.0K | $261.0K | $1.37M | $622.0K |
| Free cash flow | -$11.47M | -$6.13M | -$33.11M | -$44.99M | $29.14M | -$6.07M | -$2.10M | -$4.00M | -$3.35M | $2.95M | $1.91M | -$5.37M |
| Investing cash flow | -$1.78M | -$1.56M | -$1.47M | -$1.77M | -$2.21M | -$3.55M | -$341.0K | -$385.0K | -$415.0K | -$261.0K | -$1.37M | -$622.0K |
| Financing cash flow | -$13.31M | -$8.45M | $21.95M | $38.25M | $672.0K | -$19.05M | $14.94M | $678.0K | $3.63M | -$2.49M | -$1.78M | $334.0K |
| Stock-based compensation | $533.0K | $484.0K | $99.0K | $105.0K | $108.0K | $1.33M | - | - | - | - | - | - |
| Depreciation and amortization | $15.27M | $14.85M | $8.58M | $10.54M | $11.60M | $12.10M | $775.0K | $808.0K | $737.0K | $745.0K | $946.0K | $910.0K |
Key ratios
| Line item | Jun 30, 2026 | Mar 31, 2026 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 4.7% | 2.7% | - | - | - | - | - | - | - | - | - | - |
| Gross margin | 21.5% | 22.9% | 20.6% | 21.5% | 21.6% | 18.9% | - | - | - | - | - | - |
| Operating margin | -1.9% | -7.7% | 3.0% | 3.1% | -51.3% | 0.9% | - | - | - | - | - | - |
| Net margin | -8.7% | -13.6% | -35.6% | 20.6% | -63.4% | -12.1% | - | - | - | - | - | - |
| Free cash flow margin | -6.0% | -3.1% | -18.1% | -23.4% | 14.0% | -2.6% | - | - | - | - | - | - |
| Current ratio | 0.64 | 0.67 | 0.57 | 0.61 | 0.07 | 0.64 | 0.72 | 0.59 | 0.61 | 0.01 | 0.02 | 0.05 |
| Debt to equity | 8.03 | 6.09 | - | - | - | - | - | - | - | - | - | - |
Source: XBRL data XBP Global Holdings Inc. files with the SEC, latest filing dated Aug 14, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
XBP peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| XBP | $816.79M | - | -$186.08M | -22.8% | $41.4M |
| ADP | $22.26B | +6.5% | $4.53B | 20.3% | $119.75B |
| INFY | $20.16B | +4.6% | $3.31B | 16.4% | $50.70B |
| WDAY | $10.15B | +13.3% | $1.25B | 12.3% | $46.49B |
| ZS | $3.35B | +25.4% | -$63.18M | -1.9% | $32.23B |
| CTSH | $21.89B | +5.0% | $2.57B | 11.8% | $28.93B |
| VRSN | $1.73B | +6.5% | $849.80M | 49.1% | $27.69B |
| VRSK | $3.18B | +4.9% | $879.20M | 27.7% | $26.63B |
| IOT | $1.85B | +29.5% | $90.55M | 4.9% | $24.00B |
XBP FAQ
8 questionsWhat is XBP revenue?
XBP Global Holdings Inc. (XBP) reported $816.79M of revenue for the twelve months ended Jun 30, 2025. Revenue for fiscal 2024 was $872.69M.Is XBP profitable?
No. XBP Global Holdings Inc. reported a net loss of $186.08M for the twelve months ended Jun 30, 2025.How much cash and debt does XBP have?
XBP Global Holdings Inc. reported $18.58M in cash and cash equivalents and $372.91M of debt on its most recent balance sheet in SEC filings.What is XBP gross margin?
XBP Global Holdings Inc.'s gross profit was $168.16M on $816.79M of revenue for the twelve months ended Jun 30, 2025, a gross margin of 20.6%.What is XBP free cash flow?
XBP Global Holdings Inc. generated -$55.03M of free cash flow for the twelve months ended Jun 30, 2025, which is operating cash flow of -$47.06M less capital expenditures.What is XBP earnings per share?
Diluted earnings per share were $0.31 for the twelve months ended Jun 30, 2025, from SEC filings, restated for any stock split those filings show.When did XBP last report financial results?
The latest statements here come from XBP Global Holdings Inc.'s 10-Q filed on Aug 14, 2026, covering the period ended Jun 30, 2026.Where does this XBP financial data come from?
Quantisnow builds these statements from the structured XBRL data XBP Global Holdings Inc. files with the SEC. It is provided for information only and is not investment advice.