E2open Announces Fiscal 2026 First Quarter Financial Results

E2open Parent Holdings, Inc., a leading connected supply chain SaaS platform, has released its financial results for the fiscal first quarter ended May 31, 2025. The company reported a notable increase in subscription revenue and continued strong cash generation, positioning itself well for its pending acquisition by WiseTech Global.

Financial Highlights

For the first quarter of fiscal 2026, E2open reported GAAP subscription revenue of $132.9 million, marking a 1.1% increase from the same period last year. Total GAAP revenue reached $152.6 million, a 1.0% rise year-over-year. The company also reported a GAAP gross profit of $73.6 million, with a slight increase in GAAP gross margin to 48.2% from 48.1% in the previous year. Despite a GAAP net loss of $15.5 million, this was a significant improvement from the $42.8 million loss reported in the same period last year. Adjusted EBITDA for the quarter was $52.2 million, reflecting a 3.0% increase year-over-year.

Business and Operational Highlights

During the quarter, E2open closed new business with several large global companies across diverse market segments, including manufacturing, high-tech, consumer retail, and food and beverage. The company also expanded its Transportation Management system to a multinational food manufacturer’s Mexico division, enhancing operational efficiency and decision-making capabilities.

Strategic Initiatives and Corporate Developments

One of the most significant developments for E2open is its pending acquisition by WiseTech Global, announced in late May. This acquisition is expected to close by the end of the calendar year. Additionally, E2open opened registration for its annual customer conference, Connect 2025 Global Supply Chain Summit, to be held in Amsterdam in October.

Management's Perspective

CEO Andrew Appel highlighted the company's return to year-over-year subscription revenue growth and emphasized the focus on client satisfaction, product delivery, and innovation. CFO Marje Armstrong confirmed the company's full-year guidance and expressed gratitude to employees for their dedication during the transition period.

Future Outlook

E2open reiterated its full-year guidance for fiscal 2026, expecting GAAP subscription revenue to be in the range of $525 million to $535 million and total GAAP revenue between $600 million and $618 million. The company also anticipates a non-GAAP gross profit margin of 68% to 68.5% and adjusted EBITDA in the range of $200 million to $210 million.

SEC Filing: E2open Parent Holdings, Inc. [ ETWO ] - 8-K - Jul. 10, 2025