NASDAQ$CLBT

Cellebrite DI Ltd · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Cellebrite grew Q1 revenue 19% to $128.3M as ARR rose 21% to $493M and non-GAAP EPS reached $0.12.

Cellebrite DI reported strong Q1 2026 results driven by subscription momentum and new product launches including Guardian Investigate and Genesis AI. Revenue reached $128.3 million, up 19% year-over-year, while total ARR grew 21% to $493.0 million with 115% net retention. GAAP net income was $10.9 million ($0.04 diluted EPS) and non-GAAP net income was $30.6 million ($0.12 diluted EPS), with trailing-twelve-month free cash flow margin of 32%. Management guided Q2 ARR to $510–513 million and full-year 2026 ARR to $567–573 million.

  • Revenue of $128.3M (+19% YoY) and subscription revenue of $117.9M (+23% YoY) with ARR reaching $493.0M (+21% YoY).
  • GAAP gross margin 82.5% and non-GAAP gross margin 85.9%; adjusted EBITDA $30.6M (23.9% margin).
  • Launched Guardian Investigate, Cellebrite Genesis AI beta, Spring 2026 device-access release, and FedRAMP High authorization for Government Cloud.
  • Closed SCG Canada acquisition expanding drone forensics; TTM free cash flow $158.6M (32.0% margin).
  • Q2 outlook: ARR $510–513M, revenue $130–133M; FY2026 ARR $567–573M, revenue $565–571M.

Headline financials

Total Revenue

$128M

Previous: $108M+19.3%
EPS (adj)

$0.12

Previous: $0.10+20.0%
Annual Recurring Revenue

$493M

Previous: $408M+20.8%
Subscription Revenue

$118M

No prior period
Net Retention Rate

115.0%

No prior period
TTM FCF Margin

32.0%

No prior period
Net Income

$10.9M

Previous: $17.4M-37.4%
Gross Profit

$106M

Previous: $90.1M+17.6%

Revenue & EPS history

Cellebrite · Revenue · Quarterly

$128M

Q1 2026+19.3%vs Q1 2025
Beat estimate in 6 of 10 quarters(60%)
ActualEstimate

Revenue by segment

Cellebrite · $76.7M total across 4 segments · Q2 2023

  • Subscription services
    $50.5M+38.6%
  • Term-license
    $16.7M+24.6%
  • Professional services
    $7.51M-12.0%
  • Other non-recurring
    $1.97M-53.0%

Forward guidance

Management expects Q2 2026 ARR of $510–513M (22–23% growth), revenue of $130–133M, and adjusted EBITDA of $29–31M; full-year 2026 ARR $567–573M (18–19% growth), revenue $565–571M, and adjusted EBITDA $149–155M.

Tailwinds

  • Expects to accelerate ARR expansion in Q2 on new product pipeline
  • Full-year revenue growth guided at 19–20%
  • Adjusted EBITDA margin outlook 26–27% for full year

Headwinds

  • Q2 adjusted EBITDA margin guided lower at 22–23% vs full-year target
  • Macro and geopolitical risks cited in forward-looking statements

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+2.3%

Avg return

Earnings day

+1.5%

Avg return

5 days after

-0.5%

Avg return

30 days after

52%

12 / 23 earnings

Positive

+20.0%

Q3 2025

Best reaction

-12.9%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.7%+11.3%+6.2%
Q4 2025-4.6%-2.0%-3.3%
Q3 2025+20.0%+15.7%+19.9%
Q2 2025+9.4%+12.9%+20.1%
Q1 2025-11.2%-15.4%-21.6%
Q4 2024-12.9%-18.6%-26.8%
Q3 2024-1.9%-4.1%+11.5%
Q2 2024+17.9%+20.4%+25.6%
Q1 2024-4.4%-5.2%+2.3%
Q4 2023+17.7%+15.7%+19.3%
Q3 2023+6.1%+6.1%+10.1%
Q2 2023+8.4%+4.5%+7.6%
Q1 2023-2.4%-4.2%+7.0%
Q4 2022+14.9%+11.0%+11.6%
Q3 2022-5.9%-8.6%-11.6%
Q2 2021-4.1%-5.0%-7.8%
Q2 2022-5.8%-6.2%-19.4%
Q1 2022+9.1%-0.2%-0.8%
Q4 2019+2.4%+3.8%-18.1%
Q4 2020+2.4%+3.8%-18.1%
Q4 2021+6.3%+1.3%-7.3%
Q3 2021-6.3%-2.5%-18.7%
Q1 2021+0.9%+0.3%+1.1%
Q3 2020
Q2 2020
Q1 2020

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