Boardwalktech Q3 revenue falls

Boardwalktech Software

26/02/2026 21:40

Overview

Digital ledger platform's Q3-FY26 revenue fell 25% yr/yr due to non-renewals

Adjusted EBITDA loss for Q3-FY26 improved 35% from Q2-FY26

Company announced contract renewals with major clients, including a social media giant

Outlook

Company aims for adjusted EBITDA breakeven in the near term

Boardwalktech anticipates organic growth into Fiscal 2027 and beyond

Result Drivers

REVENUE DECLINE - Revenue decreased 25% yr/yr due to non-renewals in software and subscription services

CONTRACT RENEWALS - Renewals and expansions with major clients expected to increase recurring revenue

Company press release: ID:nPn4HJSDSa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted Net Income
-$300,000


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)