Freightos Ltd. reported record revenue and an increase in shipping volumes in its fiscal Q2 ended June 30.
Revenue grew 3%, to $7.7 million from $7.4 million in Q2 2025, the company said, noting that the results surpassed expectations. It also reported its lowest ever adjusted EBITDA loss of $2 million, compared to $2.9 million in the year-ago period.
Freightos is a digital freight booking and payment platform based in Barcelona.
“Our focus this year is on disciplined execution, tighter prioritization, and building the foundation for long-term growth,” Freightos chief executive officer and chief financial officer Pablo Pinillos told investors.
He called 2026 a “transition year” for the business.
Freightos revenue in Q2 2026
Revenue through the Freightos platform was the chief driver of growth in Q2, growing 19% year over year to $2.9 million. That included fees it charged to buyers and sellers, typically a percentage of booking value or a flat fee.
The Freightos platform facilitated 458,000 transactions in Q2, a 16% increase over the year-ago period. The booking value of those transactions was $422 million, increasing 33% from Q2 2025.
Meanwhile, revenue from the solutions category of the business declined slightly, down 4% to $4.8 million. The solutions category consists of subscriptions to Freightos’ software-as-a-service (SAAS) and data. It also includes fees for other related services, such as engineering, customization, and go-live fees, the company said.
How Freightos handles Middle East shipping disruptions
War in the Middle East, which has disrupted major shipping and air traffic hubs, continued to pressure Freightos’ booking volume in Q2. However, recovery was “stronger than what we had previously anticipated,” Pinillos said.
“World events created headwinds for some parts of our business and tailwinds for others,” he added.
The company benefited from elevated freight rates. While transaction volumes were recovering, higher air freight prices pushed up the value of transactions on the platform.
Freightos has made up for some of the downturn from the war through higher platform revenue through Clearit, the company’s custom transactions business that processed tariff refunds.
A diversified portfolio of offerings is also helping Freightos weather the current conflict. The company just added Korean Air to its carrier network, which was a milestone as the addition of a major Asian cargo airline, Pinillos said.
Freightos turns to AI
Chief strategy officer Ian Arroyo told investors that Freightos is using artificial intelligence (AI) to turn its freight data into actionable intelligence for customers. In Q2, Freightos used AI in product design, prototyping and software development. Customers will begin benefiting from these new capabilities in the second half of 2026, Arroyo said.
“We also believe AI is most valuable when it is connected to trusted freight data and embedded directly into customer operations. That is the approach we are taking, using AI not simply to automate a task, but to help customers make better decisions across their procurement, pricing, booking and execution life cycles,” Arroyo said.
Freightos hires new CFO
The company also announced that Yaron Eldad will join as chief financial officer in September.
Before joining Freightos, Eldad previously served as CFO at Evogene, Yamba Group International, Recoly N.V., and e-SIM Ltd., according to his LinkedIn page.
“Freightos has built a unique position at the intersection of technology, data, and global freight, in an industry with significant opportunity for continued digitalization,” Eldad said in a written statement. “I am excited to join Pablo and the Freightos team and look forward to helping translate that opportunity into sustainable financial performance, while supporting the investments and operational excellence needed to scale the business over time.”
Check back for more earnings reports. Click here to read our previous article on Freightos revenue, transaction volume and overall earnings.
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