Revenue Performance: Q1 2026 revenue reached $152.6 million, representing a 1.0% increase YoY but a slight decline of 0.04% QoQ. The moderation in revenue reflects the company's transition phase as it prepares for the WiseTech acquisition.
Profitability: Gross profit totaled $73.6 million with a gross margin of 48.2%. Operating income recorded a loss of $2.4 million, an improvement from the previous year's loss, highlighting better management of operating expenses (down to $76.0 million).
Net Income: The net loss for Q1 2026 was $15.5 million, an improvement from a $42.8 million loss in the same quarter the previous year, indicating strides in financial health despite ongoing challenges.
Cash Flow: E2open generated $48.0 million in adjusted operating cash flow, driven by strong customer collections. Cash at the end of the quarter rose to $230.2 million, reflecting effective management of working capital.