Freightos Limited (NASDAQ: CRGO) reported its fourth‑quarter 2025 results on February 23, 2026, posting a non‑GAAP earnings per share of –$0.05, a beat of $0.03 against the consensus estimate of a –$0.08 loss. Revenue for the quarter was $7.40 million, slightly below the $7.46 million consensus estimate, and the company guided full‑year 2026 revenue to a range of $31.20 million to $32.80 million, below the $36.44 million consensus forecast.
The earnings beat was driven largely by disciplined cost management and a favorable mix shift toward higher‑margin WebCargo bookings. Freightos’ gross margin contracted to 64.1 % from 67.6 % in Q4 2024, but the company offset the compression with tighter operating expenses, resulting in a non‑GAAP loss that was smaller than analysts expected. The company’s CFO, Pablo Pinillos, noted that the company’s burn rate remained unchanged and that the cash position of $27.9 million would fund the path to EBITDA breakeven by the end of 2026.
Revenue fell short of expectations because of foreign‑exchange headwinds that pressured adjusted EBITDA from the second quarter onward and a modest decline in the customs‑clearance segment. The WebCargo platform, which has been a key growth engine, continued to expand but faced softer demand in the U.S. market, while the customs‑clearance business saw a slight dip in transaction volume. The combination of these headwinds pushed revenue down 0.5 % from the consensus estimate.
The 2026 revenue guidance reflects a more cautious outlook, with management describing 2026 as a “transition year” focused on deepening software adoption. By embedding its platform into customers’ daily workflows, Freightos expects to generate organic bookings that will compound network effects in 2027 and beyond. The lower guidance signals management’s concern about near‑term macro uncertainty, yet the company remains confident that disciplined cost control will enable it to reach EBITDA breakeven by year‑end 2026.
Management emphasized that the company’s cash position is sufficient to support its growth strategy and that it has maintained a steady path toward profitability. CEO succession was also highlighted, with founder Zvi Schreiber stepping down as CEO and CFO Pablo Pinillos assuming the interim CEO role, a transition that underscores the company’s focus on execution and long‑term value creation.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.