Digital investigative solutions firm Cellebrite's Q3 revenue beats estimates

Cellebrite DI

12/11/2025 21:21

Overview

Cellebrite Q3 revenue grows 18% yr/yr, beating analyst expectations

Adjusted EBITDA for Q3 beats estimates, reflecting strong operational performance

Net income for Q3 misses analyst expectations

Outlook

Cellebrite expects full-year 2025 revenue of $470 mln to $475 mln

Company forecasts 2025 ARR of $460 mln to $475 mln

Cellebrite anticipates Q4 2025 adjusted EBITDA of $35 mln to $38 mln

Result Drivers

U.S. FEDERAL BUSINESS - Significant expansion with marquee clients in U.S. Federal sector contributed to growth

SUBSCRIPTION REVENUE - 21% growth in subscription revenue driven by demand in U.S. state and local and Latin America segments

PRODUCT INNOVATION - Autumn 2025 Release with new capabilities and integrations enhanced digital investigation solutions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$126.03 mln
$122.01 mln (8 Analysts)
Q3 Adjusted EPS
$0.14
Q3 Net Income
Miss
$20.19 mln
$31.53 mln (4 Analysts)
Q3 Adjusted EBITDA
Beat
$37.74 mln
$32.18 mln (7 Analysts)
Q3 Gross Margin
83.90%
Q3 Cash Flow from Operating Activities
$33.27 mln
Q3 Operating Income
$18.99 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Cellebrite DI Ltd is $23.00, about 31.7% above its November 11 closing price of $15.70

The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 29 three months ago

Press Release: ID:nGNX3QwFRl

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