Canada's Kneat Q4 revenue rises

Kneat.com

25/02/2026 22:20

Overview

Canada's validation software provider Q4 revenue rose 24% but missed analyst expectations

SaaS revenue for Q4 grew 29% yr/yr

Outlook

Kneat expects to outpace 2025's incremental ARR in 2026

Company targets cash flow breakeven for full year 2026

Result Drivers

SAAS REVENUE GROWTH - SaaS revenue grew 29% to C$16.2 mln, contributing significantly to overall revenue growth

CUSTOMER EXPANSION - Record number of new customers added in 2025, supporting revenue growth

Company press release: ID:nGNX6JT4vD

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
C$17 mln
C$18.73 mln (4 Analysts)
Q4 Gross Margin
78%
Q4 Basic EPS
-C$0.04
Q4 Gross Profit
C$13.2 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 Kneat.com Inc is C$6.50, about 57.8% above its February 24 closing price of C$4.12

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.)