Item 2.02 Results of Operations and Financial Condition. On May 14, 2026, XBP Global Holdings, Inc. (the “Company”) issued a press release reporting financial results for the quarter ended March 31, 2026. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.…
Filed May 14, 2026Accepted May 14, 2026, 4:29 PM EDTCIK 1839530Accession 0001104659-26-061228
XBP Global is a multinational technology and services company powering intelligent workflows for organizations worldwide. With a presence in 20 countries and approximately 9,200 employees, XBP Global partners with over 2,000 clients, including many of the Fortune 100, to orchestrate mission-critical systems that enable hyper-automation. Our proprietary platforms, agentic AI-driven automation, and deep domain expertise across industries and the public and private sectors enable our clients to entrust us with their most impactful digital transformations and workflows. By combining innovation with execution excellence, XBP Global helps businesses reimagine how they work, transact, and unlock value.
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Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition.
On May 14, 2026, XBP Global Holdings, Inc. (the “Company”) issued a press release reporting financial results for the quarter ended March 31, 2026. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information contained in Item 2.02 and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
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99.1 Press Release dated May 14, 2026, announcing First Quarter 2026 results
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Filed exhibits (1)
EX-99.1 (by filename) xbp-20260514xex99d1.htm
EX-99.1
2
xbp-20260514xex99d1.htm
EX-99.1
XBP Global Holdings, Inc. Reports First Quarter 2026 Financial Results
May 14, 2026
IRVING, TX, May 14, 2026 (GLOBE NEWSWIRE) - XBP Global Holdings, Inc. (“XBP Global” or “the Company”) (NASDAQ: XBP), a multinational technology and services company orchestrating mission-critical systems that enable hyper- automation and digital transformation, today announced its financial results for the quarter ended March 31, 2026.
First Quarter 2026 Highlights
Revenue totaled $197.1 million, a decline of 14.2% year-over-year on a pro forma basis1
Gross margin was 22.9%, a 70 basis point increase year-over-year on a pro forma basis1
Net loss of $26.8 million
Normalized EBITDA2 of $15.6 million, a decrease of 39.9% year-over-year on a pro forma basis1
Closed $108.1 million of total TCV, a 68.8% increase year-over-year and 45.1% above the trailing four quarter average1,3
Closed $27.3 million of new ACV, a 3.7% decrease year-over-year and 4.4% above the trailing four quarter average1,3
The Company expects to achieve $55 to $60 million in annualized operational efficiencies resulting from Company-wide automation efforts, with a si…