Coveo Q1 FY27 net loss narrows to $5.8 million; revenue rises 8% to $38.5 million

Reuters2026/07/30 20:02

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Coveo posted Q1 FY2027 revenue of USD 38.5 million, up 8% year over year; net loss narrowed to USD 5.8 million.
SaaS subscription revenue climbed 9% to USD 37.4 million; gross margin edged up 1 percentage point to 78%.
Adjusted EBITDA (non-IFRS) turned positive to USD 0.1 million; operating cash flow rose 29% to USD 9.2 million.
Following quarter-end, Coveo signed its largest deal ever with a Fortune Global 500 technology customer, lifting annualized SaaS subscription spend to 8 figures.
For Q2 FY2027, it forecast SaaS subscription revenue of USD 38.5 million to USD 39.0 million, total revenue of USD 39.7 million to USD 40.2 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coveo Solutions Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: MO15611) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Coveo Q1 FY27 net loss narrows to $5.8 million; revenue rises 8% to $38.5 million

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