Dafinchi AI

Commvault Systems, Inc.

CVLT

Technology

2w

Rapid Growth in SaaS ARR and Customer Acquisition Milestones

Commvault's SaaS ARR soared 63% to $307 million, representing 60% growth in constant currency during Q1 2026.
The company surpassed 8,000 customers and is on track to exceed its $330 million ARR target ahead of schedule.
Q1 marked the best land and expand quarter ever, with significant wins including Honeywell, Equifax, and U-Haul.
The number of SaaS customers using two or more products increased by 45%, indicating strong cross-sell momentum.
Larger SaaS customers generating over $100,000 in ARR now constitute more than 30% of the SaaS base, demonstrating expansion among high-value clients.

SPS Commerce, Inc.

SPSC

Technology

2w

Financial Performance Summary

Adjusted EBITDA increased 27% to $56.1 million compared to $44.2 million in Q2 of last year.
Repurchased $20 million of SPS shares during the quarter.
Second quarter revenue grew 22% to $187.4 million, recurring revenue grew 24%.
The acquisition of Carbon6 added approximately 8,500 customers and had an adverse effect on ARPU by approximately $1,400 for the quarter.
Total cash and investments at quarter end were $108 million.
Total number of recurring revenue customers in Q2 was approximately 54,500 and ARPU was approximately $13,200.

Lamar Advertising Company

LAMR

Technology

1w

Financial Performance Summary

Adjusted EBITDA increased by 2% on an acquisition-adjusted basis, with margins slightly improving compared to Q2 2024.
Adjusted funds from operations (AFFO) rose 5.5% to $225.3 million, with diluted AFFO per share increasing 6.7% to $2.22.
Billboard operations showed low single-digit growth, while airport and logos divisions outpaced with 11.7% and 6.1% revenue growth respectively.
Lamar reported acquisition-adjusted revenue growth of 1.9% in Q2 2025, marking the 17th consecutive quarter of growth.
Total CapEx for Q2 was $38.2 million, with $13.3 million allocated to maintenance; full year CapEx guidance is $180 million.

Dynatrace, Inc.

DT

Technology

1w

Financial Performance Summary

Annual recurring revenue (ARR) reached $1.82 billion, growing 16% year-over-year.
Dynatrace reported strong Q1 fiscal 2026 results with total revenue of $477 million, up 19% year-over-year, exceeding the high end of guidance by approximately 200 basis points.
Free cash flow for Q1 was $262 million, with trailing 12-month free cash flow at $465 million or 26% of revenue, and pretax free cash flow at 33% of revenue.
Net new ARR was $51 million, up 13% year-over-year, with expansion activity particularly strong in North America and the GSI channel.
Non-GAAP operating margin was 30%, exceeding guidance by 150 basis points, and non-GAAP net income was $126 million or $0.42 per diluted share, $0.04 above guidance.
Subscription revenue also grew 19% to $458 million, driven by incremental on-demand consumption (ODC) revenue.
The company repurchased 905,000 shares for $45 million in Q1, with a total of 4.4 million shares repurchased for $218 million since May 2024.

AGYS

Technology

3w

Record Sales Performance Driven by Subscription Growth and New Customer Wins

Q1 fiscal 2026 sales reached $76.7 million, a record for the 14th consecutive quarter, with a 20.7% increase year-over-year.
Subscription revenue grew 44.3%, with record quarterly subscription sales, driven by new customer acquisitions and increased project implementations.
Added 24 new customers, excluding Book4time, with an average purchase of 6 products each, and some deals involving up to 14 products, highlighting ecosystem strength.

DigitalOcean Holdings, Inc.

DOCN

Technology

1w

Record Organic Incremental ARR in Over 3 Years

DigitalOcean achieved its highest organic incremental ARR of $32 million since Q4 2022, marking the strongest growth in over three years.
This growth was driven by product innovation, new customer acquisition, and expansion in AI/ML workloads, with no unusual capacity additions or seasonal effects.

DoubleVerify Holdings, Inc.

DV

Technology

1w

Strong 21% Revenue Growth Driven by Existing and New Advertisers

Revenue increased 21% year-over-year to $189 million, surpassing guidance.
Growth was broad-based across activation, measurement, and supply side.
One-third of first-half revenue growth came from new advertisers, with major enterprise clients scaling meaningfully.

NABL

Technology

1w

Financial Performance Summary

Adjusted EBITDA was $41.6 million with a margin of approximately 31.7%, beating the high end of guidance by $6.6 million.
Customers contributing $50,000 or more of ARR increased by approximately 16% year-over-year, now representing about 60% of total ARR.
Gross margin was 81.8%, down from 84.7% in the same period in 2024.
N-able surpassed $500 million of ARR in Q2 2025, growing 14% year-over-year on a reported basis and 12% on a constant currency basis.
Net leverage stood at approximately 1.6x with $94 million cash and $337 million loan principal balance.
Non-GAAP earnings per share was $0.11 based on 189.3 million weighted average diluted shares.
Subscription revenue grew approximately 11% year-over-year on a reported basis.
Total revenue was $131.2 million, exceeding guidance by $4.7 million, representing approximately 10% year-over-year growth on a reported basis.
Unlevered free cash flow was $33.3 million, with CapEx at 5.2% of revenue.

SmartRent, Inc.

SMRT

Technology

1w

Financial Performance Summary

Adjusted EBITDA was negative $7.3 million, a decline of $8.3 million year-over-year.
Annual recurring revenue (ARR) increased 11% year-over-year to $56.9 million.
Cash balance stood at $105 million with no debt and $75 million in undrawn credit.
Gross profit totaled $12.7 million, down from $17.3 million in the prior year quarter, with SaaS gross margin at approximately 70%.
Hardware revenue declined 20% sequentially and 39% year-over-year to $15.1 million, reflecting the transition away from bulk hardware deals.
Hosted services revenue grew 1% sequentially and 5% year-over-year to $18.8 million, now representing nearly half of total revenue.
Net loss increased to $10.9 million from $4.6 million year-over-year, driven by lower hardware sales.
Operating expenses were $24.4 million, including $2 million in severance and legal expenses not present in the prior year.
Professional services revenue increased 10% sequentially to $4.3 million but was down 26% year-over-year.
SaaS revenue reached $14.2 million, comprising 37% of total revenue, up from 34% in Q1 and 26% year-over-year.
Total revenue for Q2 2025 was $38.3 million, down 7% sequentially and 21% year-over-year, primarily due to the strategic shift away from bulk hardware sales.