XBP Global Holdings, Inc. is a pan-European firm specializing in comprehensive solutions for bills, payments, and associated services, aiming to facilitate the digital modernization of businesses. The company delivers business process management capabilities through its proprietary software platforms and deep industry insights, acting as a strategic technology and services partner for its clientele. Its operations are structured around two main divisions: Bills and Payments, and Technology. The Bills and Payments division concentrates on refining the efficiency of billing and payment processing across companies of all sizes and sectors. Concurrently, the Technology segment provides recurring software licenses with ongoing support, hardware solutions along with their maintenance, and various professional services. The corporate headquarters for XBP Global Holdings is located in Irving, Texas.
XBP Global Holdings, Inc. Reports Second Quarter 2026 Financial Results
XBP Global reported Q2 revenue of $191.3 million, a decline of 14.0% year-over-year on a pro forma basis, with a net loss of $16.7 million for the quarter.
Despite the revenue drop, profitability improved as Normalized EBITDA rose 8.4% to $21.9 million and adjusted gross margin expanded 290 basis points to a record 24.9%.
Commercial performance remained strong with total contract value increasing 51.6% to $121.3 million and new ACV rising 57.0% year-over-year to $36.0 million.
The company raised its target for annualized operational efficiencies to $65-$75 million, up from a prior $55-$60 million, while continuing to explore strategic alternatives with a financial advisor.