Quarterly UpdatesJul 15, 2026, 07:16 AM
Freightos Q2 Transactions 458k, GBV $422M; Exceeds Expectations
AI Summary
Freightos Ltd reported preliminary key performance indicators for the second quarter of 2026, which exceeded management's expectations. Transactions reached a record 458,000, up 15% year-over-year, and Gross Booking Value (GBV) hit $422 million, a 33% increase year-over-year. The company attributed the outperformance to a faster-than-expected recovery in Middle East routes and sustained high air freight rates. Freightos also announced that it plans to report its full Q2 2026 earnings on August 17, 2026.
Key Highlights
- Q2 2026 transactions totaled 458,000, exceeding management's expectations of 437,000-444,000.
- Transactions grew 15% year-over-year, surpassing the expected 10-12% growth.
- Gross Booking Value (GBV) reached $422 million, above management's expectations of $388 million-$393 million.
- GBV increased 33% year-over-year, higher than the expected 23-24% growth.
- 75 carriers were active on the platform in Q2 2026.
- Unique buyer users increased moderately to approximately 21,000.
- Freightos will report full Q2 2026 earnings on August 17, 2026.
Price Impact
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