Gloo Holdings Inc (GLOO)

Gloo and YouVersion Launch Global Developer Challenge to Foster Digital Scripture InnovationJune 22, 2026 3:36 PM
Business WireExperiment, build, and compete while creating new Scripture-based applications using the YouVersion Platform and Gloo AI StudioGloo (Nasdaq: GLOO) and YouVersion today announced the Scripture in New Frontiers: A Virtual Summer Challenge, a global developer competition designed to explore how Scripture can be integrated into emerging digital experiences. Running July 6-31, 2026, on the innovation platform Kaggle, the challenge invites developers to experiment and build new applications using the YouVersion Platform and Gloo AI Studio.Register here for the challenge.Participants will compete for a cash prize while exploring what is possible when developers engage seriously with both Scripture and emerging technology. As AI assistants, wearable devices, gaming environments, and social platforms become primary points of digital engagement, developers are increasingly shaping how people access information, build community, and experience content. This challenge aims to ensure Scripture remains accessible and at the forefront of new digital environments.“Developers are helping define how people interact with information in an AI-powered world, and we want Scripture to be a part of that,” said Nick Skytland, Vice President of Gloo Developers. “With both YouVersion Platform and Gloo AI Studio, we're giving participants the tools needed to experiment, build, and test entirely new types of faith-based experiences. We’re excited to see what they create.”Gloo AI Studio is a production-grade AI development platform that provides access to values-aligned AI models, governance controls, and deployment tools for developers building faith-based and mission-driven applications. YouVersion, with more than one billion installs across its Family of Apps, makes the technology behind its widely used Bible App available for free through YouVersion Platform. Through its APIs and SDKs, the platform enables developers to build new Scripture-centered applications and experiences with access to 1,475 Bible versions in 1,244 languages.The virtual challenge is open to developers building across a wide range of domains, from immersive gaming experiences and faith-integrated narratives to tools for teachers, creators, and communicators working with Scripture every day. Builders working in wearables, ambient computing, social platforms, and emerging spatial interfaces are equally welcome. This challenge is designed for anyone imagining a new way for people to encounter and engage Biblical Text, wherever they are.A webinar introducing both platforms and answering questions will be held on June 29. The competition officially opens July 6. Submissions close July 31, followed by judging from August 3–7.Scripture in New Frontiers: A Virtual Summer Challenge serves as a lead-in to the Gloo AI Hackathon, taking place October 6–8, 2026, at the Limelight Conference Center in Boulder, Colorado. The Hackathon will bring together more than 700 mission-driven developers to compete for more than $200,000 in prizes across categories, including Agents (powered by Gloo), Ministry Resourcing (powered by Masterworks), and Bibles (powered by YouVersion). Together, the challenge and hackathon represent one of the largest collaborative efforts to engage developers in building Scripture-centered experiences for the AI era.“These competitions are designed to create a community where developers can experiment, collaborate, and help shape the next generation of faith-based and Scripture-based experiences,” said Gaylen Washington, Head of YouVersion Platform. “As digital experiences continue to evolve, we’re excited to see how developers use these platforms to help people engage with the Bible in entirely new ways.”To register for the Gloo AI Hackathon, click here.About GlooGloo (Nasdaq: GLOO) is a leading technology platform serving the faith and flourishing ecosystem. Gloo helps missional organizations amplify their impact by powering their technology and expanding their reach, so that people flourish and organizations thrive. The company’s values-aligned AI platform modernizes systems, workflows and data, while its marketing and donor solutions expand reach, awareness and long-term giving for mission-based organizations. Based in Boulder, Colorado, Gloo serves over 140,000 faith, ministry, and nonprofit leaders.About YouVersionCreated by Life.Church, YouVersion designs free, biblically centered experiences that encourage and challenge people to seek God throughout each day. The YouVersion Family of Apps—including the Bible App, Bible App Lite, and Bible App for Kids—has been installed on more than one billion devices worldwide with the vision to bring God’s Word to everyone, everywhere, every day. For more information about YouVersion, visit youversion.com.View source version on businesswire.com: https://www.businesswire.com/news/home/20260622958267/en/press@gloo.com Original: Gloo and YouVersion Launch Global Developer Challenge to Foster Digital Scripture Innovation

Majority of Pastors Use AI in Ministry Amid Concerns and Caution, New Research FindsJune 16, 2026 1:26 PM
Business Wire Only 13% of pastors don't use AI at all, with brainstorming, biblical research, and graphic design among the most common uses New research from Barna Group, in partnership with Gloo, reveals that most pastors are already using AI in ministry — only 13% say they don’t use it at all. Part of the 2026 State of the Church series, the findings show that at the same time, 71% of pastors describe feeling cautious about AI, and 40% say they feel conflicted about the technology — shaping not just whether they use AI, but how they allow AI into their ministry work. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260616612254/en/ “Pastors are predominantly using AI for behind-the-scenes work — as a thought partner, a visual aid,” said Daniel Copeland, Barna’s Vice President of Research. “They’re using it to prepare for ministry, not to replace what happens when they're actually with people.” Pastors primarily use AI for brainstorming or idea generation (50%), graphic design or visual creation (37%), biblical or theological research (36%), generating small group discussion questions (34%), and administrative tasks like scheduling, emails and document preparation (34%). AI-assisted sermon work is growing, with 24% of pastors actively using it today to write or edit sermons, compared to just 12% who felt comfortable doing so in early 2024. However, this emerging pattern indicates that AI is being used for research and preparation, to surface commentary, explore theological angles, or create a structural outline, rather than to generate the message itself. “The pattern of pastors using AI for preparation rather than people-facing ministry makes sense,” said Nick Skytland, Vice President of Gloo Developers and AI Research. “Other Barna data shows that administrative tasks often dominate a pastor’s schedule, keeping them from their most meaningful work — like teaching, discipling believers, and developing their teams. AI is helping them reclaim those hours so they can focus on ministering to people. It’s encouraging to see leaders adopting these tools while keeping a clear line between the technology and their calling.” Despite their willingness to use the tools, pastors remain significantly more hesitant about the technology than practicing Christians. When asked to identify their emotional response to AI, the top response chosen by pastors was “cautious” (71%). While more than half (52%) reported feeling curious about AI, this is coupled with feeling conflicted (40%) and skeptical (40%). Though pastors may be willing to experiment with AI in low-stakes, preparatory contexts, the researchers say that these emotional tensions may cause reluctance to use it for the relational and spiritual aspects of their work. The majority of pastors (79%) worry about AI acting as a replacement for God, and nearly two-thirds (63%) worry about AI replacing the role of pastors or spiritual leaders entirely. This month’s research release is part of a yearlong Faith & AI series produced by Barna in partnership with Gloo, as part of the State of the Church initiative. Learn more about the 2026 State of the Church initiative at gloo.com/stateofthechurch. About the Research Data are from two surveys conducted by Barna Group. The U.S. adults survey (n=1,514) was conducted online in November 2025, utilizing representative quotas for age, gender, race/ethnicity, region, education, and income. The U.S. Protestant pastors survey (n=442) was conducted online in December 2025, utilizing representative quotas for church size, denomination, and region. Gloo (Nasdaq: GLOO) is a leading technology platform serving the faith and flourishing ecosystem. Gloo helps missional organizations amplify their impact by powering their technology and expanding their reach, so that people flourish and organizations thrive. The company’s values-aligned, AI platform modernizes systems, workflows and data, while its marketing and donor solutions expand reach, awareness, and long-term giving for mission-based organizations. Based in Boulder, Colorado, Gloo serves over 140,000 faith, ministry, and nonprofit leaders. Barna Group is a leading research organization focused on the intersection of faith and culture. Since 1984, Barna has conducted more than two million interviews over the course of thousands of studies and has become a go-to source for insights about religion, leadership, vocation and generations. Barna is an independent, privately-held, nonpartisan organization based in Dallas–Fort Worth, Texas. View source version on businesswire.com: https://www.businesswire.com/news/home/20260616612254/en/ press@gloo.com Original: Majority of Pastors Use AI in Ministry Amid Concerns and Caution, New Research Finds

Gloo to Acquire Remaining Stake in Tech Talent Powerhouse MidwesternJune 8, 2026 4:05 PM
Business Wire Full acquisition of longtime partner expands Gloo enterprise IT portfolio, paves way for global growth ambitions in the faith and flourishing ecosystem Gloo (Nasdaq: GLOO), a leading technology platform serving the faith and flourishing ecosystem, announced a definitive agreement to acquire the remaining 20% stake of Midwestern Interactive, bringing the company’s total ownership to 100%. Midwestern is a prominent talent partner for the faith and flourishing ecosystem, helping organizations of all sizes find the talent solutions they need for new or existing technology initiatives. “Bringing Midwestern fully under the Gloo umbrella is the natural next step in the longstanding collaboration between our companies. Our relationship has been built on shared values and demonstrated results, and we see this as unlocking even deeper alignment across strategy, product and execution,” said Scott Beck, CEO of Gloo. “As we look toward serving the global faith and flourishing ecosystem through applied AI and forward deployed engineering, Midwestern is expected to be central to how we scale.” Midwestern brings Fortune 500 caliber technical expertise into the faith and flourishing ecosystem, offering turnkey approaches to building applications that leverage the full extent of next generation technologies and the Gloo platform. The company brings both the depth of knowledge to understand ministry contexts as well as the technical aptitude to solve complex development needs, competencies that are increasingly critical as organizations seek to deploy the latest innovations in areas like agentic AI. Midwestern's model is to deliver the right experts to organizations for product development, whether an assigned team for a scoped project, a long-term embedded team member, or an in-house recruitment. From prototype to creative consulting to scale-ready solution delivery, these experts facilitate quality and speed of implementation. The result is faster speed to market with greater impact for the organizations it serves. The company is preparing to launch an AI-enabled global talent "engine,” which opens the door for Gloo to expand its footprint globally through Midwestern’s cost-effective global talent capabilities. “What started as a strategic investment has grown into something much deeper, with a shared mission and a shared future,” said Matt Johnson, founder and CEO of Midwestern. “Becoming a wholly owned part of Gloo gives our team the resources, reach and capabilities to do the most impactful work of our careers. We take the technology burden off mission-aligned organizations so they can focus on serving people and communities.” As a wholly owned subsidiary of Gloo Holdings, Midwestern will continue to operate under its own brand and leadership. The agreement is expected to close in Q2. About Gloo Gloo (Nasdaq: GLOO) is a leading technology platform serving the faith and flourishing ecosystem. Gloo helps missional organizations amplify their impact by powering their technology and expanding their reach, so that people flourish and organizations thrive. The company’s values-aligned AI platform modernizes systems, workflows and data, while its marketing and donor solutions expand reach, awareness and long-term giving for mission-based organizations. Based in Boulder, Colorado, Gloo serves over 140,000 faith, ministry, and nonprofit leaders. Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. Forward-looking statements contained in this press release include, but are not limited to, statements about our pending transaction with Midwestern Interactive, LLC and the expected impact of the transaction on our business. Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors. Some of these risks are described in greater detail in the documents we file with the SEC from time to time, including our Quarterly Report on Form 10-Q for the quarter ended April 30, 2026, which we expect to file on or around the date of this press release. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause our actual results to differ materially from those contained in any forward-looking statements we may make. These factors may cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by our forward-looking statements. Furthermore, if our forward-looking statements prove to be inaccurate, the inaccuracy may be material. In light of the significant uncertainties in these forward-looking statements, you should not rely on these statements or regard these statements as a representation or warranty by us or any other person that we will achieve our objectives and plans in any specified timeframe, or at all. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260608921666/en/ press@gloo.com Original: Gloo to Acquire Remaining Stake in Tech Talent Powerhouse Midwestern

Gloo Holdings, Inc. Reports First Quarter 2026 Financial ResultsJune 8, 2026 4:10 PM
Business Wire Q1 2026 revenue grows 238% year-over-year to $41.5 million, exceeding guidance and analyst consensus1 Adjusted EBITDA improves significantly as Gloo advances toward profitability Raises fiscal year 2026 Revenue guidance to $195 million Gloo Holdings, Inc. (Nasdaq: GLOO), a leading technology platform for the faith and flourishing ecosystem, today announced financial results for the quarter ended April 30, 2026. The company also gave second quarter revenue and Adjusted EBITDA guidance and raised fiscal year 2026 revenue guidance to $195.0 million. “AI remains a force multiplier behind our platform, and our focus on applied AI uniquely positions us to deliver greater impact for the faith and flourishing sector,” said Scott Beck, CEO of Gloo. “Our quarterly results show the strategy is working. We delivered another strong quarter that exceeded our guidance and analyst consensus, underscoring our disciplined execution and the trust our customers are placing in us. We continue to add strategic customers across new and existing verticals while deepening relationships with those we already serve.” First Quarter 2026 Financial Highlights Total revenue for the first quarter was $41.5 million, representing 238% growth, compared to the prior year period, beating quarterly consensus of $36.0 million. Net loss of $17.1 million for the first quarter of 2026. This compares to net loss of $27.0 million for the first quarter of fiscal 2025. Adjusted EBITDA was negative $11.5 million for the first quarter, beating guidance of negative $12.0 million and consensus estimates of negative $12.2 million. This compares to negative $18.6 million in the fourth quarter of 2025, a sequential improvement of $7.1 million. “Results for the first quarter demonstrate consistent progress against the targets we have set for ourselves. Revenue and Adjusted EBITDA both came in above our guidance range and ahead of analyst consensus, which speaks to the operating leverage we are continuing to build into the business,” said Paul Seamon, CFO of Gloo. “We are also encouraged by the quality of our customer momentum, including larger, more strategic deals that validate our go-to-market approach. We remain focused on the path to Adjusted EBITDA profitability and believe the financial trajectory we are building supports that goal.” Business Highlights Customer Momentum Gloo continues to close larger, strategic deals, including five new customers in the first quarter of 2026, each contributing over $1 million in annual contract value. These large strategic deals demonstrate growing momentum with universities, rescue missions and Bible translation organizations, as well as increased traction in the Catholic sector. Partnered with the Assemblies of God to deploy Gloo 360 across their enterprise operations, modernizing legacy systems and creating the capacity to more effectively serve 3 million members across 13,000 churches in the U.S. Partnered with Wesley Seminary at Indiana Wesleyan University, the largest private university in Indiana, to pioneer an AI-powered ministry lifecycle ecosystem—VIA Journeys—that connects ministry leaders with personalized resources and mentors across every stage of ministry. This initiative represents the early phase of a broader transformation in how Wesley Seminary and Indiana Wesleyan University equip students, faculty and the communities they are called to serve. Advancing Leadership in Applied AI By bringing the latest innovations in agentic AI, foundational models and services to customers, Gloo helps them drive better outcomes at lower cost, while creating what the company believes are highly durable revenue streams with strong margins. The company’s partnership with Jessup University is ahead of schedule. Key to this initiative is their student success platform, which uses advanced AI to provide student success coaches, faculty, and parents with risk assessments, communication capabilities, and attendance visibility, helping Jessup strengthen its mission of student care and outcomes. Announced availability of Gloo AI Studio, a comprehensive set of AI tools and capabilities for developers in the faith and flourishing ecosystem. The release includes support for over 80 LLMs, a playground feature that allows developers to experience values-aligned guardrails, new safety capabilities and varied subscription options to pay for token usage. Announced it will hold the 2026 Gloo 4th annual AI Hackathon from October 6-8, 2026 in Boulder, Colorado. The 48-hour hackathon is expected to bring together more than 700 developers, engineers and mission-driven builders to create AI-powered solutions that advance human flourishing. Strategic Acquisitions Gloo’s acquisition strategy is driving meaningful results for the business, with recent acquisitions of Westfall Group and Masterworks contributing to one of Gloo’s best quarters ever. The positive momentum validates not only the value the Gloo portfolio delivers to customers, but the power of the flywheel the company is creating. Today, Gloo announced a definitive agreement to acquire the remaining 20% stake in Midwestern, bringing its ownership to 100% and positioning the business as a continued high growth opportunity through increased investment in their cost-effective global talent capabilities, alongside agentic AI. The transaction will also eliminate a call option tied to the minority stake and create a one time improvement by removing the associated $12.1 million liability from Gloo’s balance sheet. In the first quarter of 2026, Gloo announced its acquisition of EMD, an established Workday Services Partner that provides consulting, implementation and support services to nonprofit, small and mid-market organizations. The acquisition, which closed in the second quarter of 2026, adds a broad set of AI-enabled Workday services and expertise to the Gloo platform, further strengthening the company’s portfolio of enterprise solutions. Fiscal Year 2026 Outlook Gloo expects second quarter revenue to be $44.0 million, which represents a 172% increase compared to the prior year period. For fiscal year 2026, Gloo is raising revenue guidance to $195.0 million. Adjusted EBITDA is expected to be negative $8.5 million for the second quarter of 2026, representing continued sequential improvement. The company continues to expect to approach Adjusted EBITDA breakeven in third quarter 2026, and remains confident in achieving Adjusted EBITDA profitability in fourth quarter 2026. Gloo has not provided a reconciliation of its forward outlook for Adjusted EBITDA to its most directly comparable GAAP financial measure in reliance on the unreasonable efforts exception provided under Item 10(e)(1)(i)(B) of Regulation S-K. Gloo is unable to predict with reasonable certainty the amount and timing of adjustments that are used to calculate this non-GAAP financial measure, particularly related to interest expense and changes in fair value of certain financial instruments, as well as equity-based compensation and employee stock transactions and related tax effects. Conference Call Information Gloo will conduct a conference call with analysts and investors to discuss its first quarter 2026 financial results and current financial prospects today at 5 p.m. ET. Participants may access the conference call via webcast using the Gloo Webcast link. The webcast will be recorded and available for replay. The link and recording will also be available on the Investor Relations section of the Gloo website at investors.gloo.com. About Gloo Gloo (Nasdaq: GLOO) is a leading technology platform serving the faith and flourishing ecosystem. Gloo helps missional organizations amplify their impact by powering their technology and expanding their reach, so that people flourish and organizations thrive. The company’s values-aligned AI platform modernizes systems, workflows and data, while its marketing and donor solutions expand reach, awareness and long-term giving for mission-based organizations. Based in Boulder, Colorado, Gloo serves over 140,000 faith, ministry, and nonprofit leaders. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding our growth prospects, our ability to achieve Adjusted EBITDA profitability, the impact of AI on the faith and flourishing sector and on our business and growth prospects, market share gains, our acquisition strategy and business initiatives, customer relationships and contracts, and our outlook for the second quarter, third quarter and fiscal year 2026. Forward-looking statements include statements containing words such as “expect,” “anticipate,” “believe,” “project,” “will” and similar expressions intended to identify forward-looking statements. These forward-looking statements are based on our current expectations. Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors. Some of these risks are described in greater detail in our Annual Report on Form 10-K for the year ended January 31, 2026,, filed with the Securities and Exchange Commission (the “SEC”) on April 15, 2026, and in the other documents we file with the SEC from time to time, including our Quarterly Report on Form 10-Q for the quarter ended April 30, 2026, which we expect to file with the SEC following the date of this press release. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause our actual results to differ materially from those contained in any forward-looking statements we may make. These factors may cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by our forward-looking statements. Furthermore, if our forward-looking statements prove to be inaccurate, the inaccuracy may be material. In light of the significant uncertainties in these forward-looking statements, you should not rely on these statements or regard these statements as a representation or warranty by us or any other person that we will achieve our objectives and plans in any specified timeframe, or at all. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Non-GAAP Financial Measures To supplement its condensed consolidated financial statements, which are prepared and presented in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), Gloo has provided in this press release and the accompanying tables the following non-GAAP financial measures: Adjusted EBITDA, non-GAAP net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively, and non-GAAP net loss per unit attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and members of Gloo Holdings, LLC, basic and diluted. Gloo uses Adjusted EBITDA to evaluate its core operating performance, support planning and forecasting, and assess strategic opportunities. In addition, Gloo may use Adjusted EBITDA in its incentive compensation programs applicable to some of its employees. Accordingly, Gloo believes that Adjusted EBITDA may provide useful information to investors about its business and financial performance, enhance its overall understanding of our past performance and future prospects, and allow for greater transparency with respect to this measure used by Gloo management in their financial and operational decision making. Adjusted EBITDA is defined as net loss adjusted to exclude (1) interest expense, (2) income tax expense (benefit), (3) depreciation and amortization, (4) equity-based compensation, (5) impairment of goodwill, (6) loss (gain) from change in fair value of financial instruments, (7) restructuring costs, (8) transaction related bonuses, (9) loss on extinguishment of debt, (10) income (loss) from equity method investments, net, (11) interest income, (12) IPO related costs, and (13) one-time employee tax credit, that are not reflective of Gloo's core operating results. Gloo also presents non-GAAP net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively, and non-GAAP net loss per unit attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and members of Gloo Holdings, LLC, because it believes that these measures may similarly provide useful information to investors about its business and financial performance, enhance its overall understanding of our past performance and future prospects, and allow for greater transparency with respect to this measure used by Gloo management in their financial and operational decision making. Management also believes that these measures are commonly used by securities analysts, investors and other interested parties in the evaluation of the Company's performance. Non-GAAP net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively, and non-GAAP net loss per unit attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and members of Gloo Holdings, LLC, are defined as net loss attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and members of Gloo Holdings, LLC and net loss per unit available to members of Gloo Holdings, LLC respectively, adjusted to exclude the impact of (1) loss (gain) from change in fair value of financial instruments, (2) loss on extinguishment of debt, (3) other non-routine items, such as IPO related costs, and (4) the income tax expense (benefit) impact of other adjustments, if any. Non-GAAP net loss per unit available to members of Gloo Holdings, LLC, basic and diluted, includes adjustments made to (U.S. GAAP) net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively. The Company has made these non-GAAP adjustments because it believes that these charges are not reflective of its core operating results. The non-GAAP financial measures included in this press release are not measurements of financial performance under U.S. GAAP and they should not be considered as alternatives to or substitutes for measures of performance derived in accordance with U.S. GAAP. In addition, these non-GAAP measures should not be construed as an inference that the Company’s future results will be unaffected by unusual or non-routine items. These non-GAAP measures have limitations as analytical tools, and investors should not consider such measures either in isolation or as substitutes for analyzing the Company’s results as reported under U.S. GAAP. The Company’s definitions and calculations of these non-GAAP measures are not necessarily comparable to other similarly titled measures used by other companies due to different methods of calculation. Investors are encouraged to review the most directly comparable GAAP measure and the Company's condensed consolidated financial statements and related notes included in Part II, Item 8 of the Annual Report on Form 10-K for the year ended January 31, 2026, and in the unaudited condensed consolidated financial statements and related notes included in Part I, Item 1 of the Quarterly Report on Form 10-Q for the quarter ended April 30, 2026, which Gloo expects to file with the SEC following the date of this press release. Gloo Holdings, Inc. Consolidated Balance Sheets (unaudited)       April 30,   January 31,       2026       2026       (in thousands, except share and unit data) ASSETS         Current assets:         Cash and cash equivalents   $ 32,974     $ 57,307   Restricted cash     256       255   Accounts receivable, net of allowance for credit losses of $77 and $75, respectively     10,128       10,697   Inventory, net     1,188       1,397   Contract assets     918       1,259   Prepaid expenses and other current assets     5,064       4,689   Total current assets     50,528       75,604   Property and equipment, net     4,779       4,166   Capitalized software, net     32,143       30,078   ROU operating lease asset     7,791       8,705   Long-term investments     100       100   Other non-current assets     372       370   Intangible assets, net     35,943       37,283   Goodwill     107,343       107,353   Total assets   $ 238,999     $ 263,659             LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY         Current liabilities:         Accounts payable   $ 5,812     $ 9,356   Accrued compensation     6,777       8,397   Accrued liabilities     6,082       6,414   Acquisition-related liabilities, current     2,105       2,056   Deferred revenue     13,408       14,581   Debt, current     17,847       5,812   Lease liabilities, current     1,903       1,925   Total current liabilities     53,934       48,541   Acquisition-related liabilities, non-current     649       1,346   Debt, non-current     15,975       29,485   Lease liabilities, non-current     6,193       7,076   Derivative liability     401       399   Deferred income taxes     3,448       4,353   MW Call Option     12,106       12,858   Other non-current liabilities     1,921       1,919   Total liabilities     94,627       105,977             Mezzanine Equity:         Redeemable NCI     3,666       3,559   Total mezzanine equity     3,666       3,559             Stockholders' Equity:         Class A, $0.001 par value, 5,000,000,000 shares authorized, and 11,405,352 issued and outstanding as of April 30, 2026 and January 31, 2026     11       11   Class B, $0.001 par value, 100,000,000 shares authorized, 69,465,772 issued and 69,166,937 outstanding as of April 30, 2026 and January 31, 2026     70       70   Treasury stock, at cost; 298,835 shares as of April 30, 2026 and January 31, 2026     (3,771 )     (3,771 ) Additional paid-in capital     182,372       178,619   Accumulated deficit     (56,943 )     (40,119 ) Accumulated other comprehensive income     352       364   Equity attributable to stockholders     122,091       135,174   Equity attributable to noncontrolling interests     18,615       18,949   Total stockholders' equity     140,706       154,123   Total liabilities, mezzanine equity, and stockholders' equity   $ 238,999     $ 263,659   Gloo Holdings, Inc. Consolidated Statements of Operations (unaudited)     Three Months Ended April 30,     2026       2025     (in thousands, except share, per share, unit, and per unit data) Revenue:       Platform revenue $ 24,112     $ 8,495   Platform solutions revenue   17,418       3,807   Total revenue   41,530       12,302   Operating expenses:       Cost of revenue (exclusive of depreciation and amortization)   28,101       8,874   Product development   3,895       5,712   Sales and marketing   9,627       7,324   General and administrative   15,220       9,942   Depreciation and amortization   3,427       2,527   Total operating expenses   60,270       34,379   Operating loss   (18,740 )     (22,077 ) Other (income) expense:       Interest expense   977       2,752   Other income, net   (1,071 )     (421 ) (Gain) loss from change in fair value of financial instruments   (750 )     3,190   Total other (income) expense, net   (844 )     5,521   Net loss before income taxes   (17,896 )     (27,598 ) Income tax benefit (expense)   845       (33 ) Income from equity method investments, net   —       673   Net loss   (17,051 )     (26,958 ) Less: net loss attributable to noncontrolling interests   (227 )     (556 ) Net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively $ (16,824 )   $ (26,402 )         Net loss per share attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and units of members of Gloo Holdings, LLC, respectively $ (0.21 )   $ (3.87 ) Weighted-average common shares (Class A and Class B) of Gloo Holdings, Inc. and units of Gloo Holdings, LLC used to compute net loss per share and unit, respectively, basic and diluted   80,769,952       8,217,025   Gloo Holdings, Inc. Consolidated Statements of Cash Flows (unaudited)     Three Months Ended April 30,     2026       2025     (in thousands) Operating activities:       Net loss $ (17,051 )   $ (26,958 ) Adjustments to reconcile net loss attributable to common stockholders and members to net cash used in operating activities:       Equity-based compensation expense   3,749       2,183   Depreciation and amortization   3,427       2,527   Amortization of deferred financing costs   177       622   Provision for expected credit losses   347       46   Provision for inventory write-offs   (178 )     —   Lease expense   675       403   Deferred income taxes   (905 )     23   (Gain) loss from change in fair value of financial instruments   (750 )     3,190   Income from equity method investments, net   —       (1,028 ) Debt assumed through PIK interest   121       41   Loss on sale/disposal of PPE   2       —   Changes in operating assets and liabilities, net of acquisitions:       Accounts receivable   222       (553 ) Prepaid expenses and other current assets   354       147   Other non-current assets   (2 )     (2,598 ) Accounts payable   (3,539 )     1,739   Accrued expenses and other current liabilities   (2,606 )     (1,373 ) Deferred revenue   (1,173 )     583   Other non-current liabilities   30       (158 ) Net cash used in operating activities   (17,100 )     (21,164 ) Investing activities:       Purchases of property and equipment   (925 )     (305 ) Capitalized internal-use software costs   (3,843 )     (3,327 ) Payment of contingent consideration   (706 )     (2,646 ) Net cash used in investing activities   (5,474 )     (6,278 ) Financing activities:       Payments on debt   (1,774 )     (56,908 ) Proceeds from debt   —       76,950   Proceeds from Series A Preferred Units issuance   —       190   Proceeds from exercise of common stock and common unit options   4       64   Net cash (used in) provided by financing activities   (1,770 )     20,296   Effect of exchange rate changes on cash and cash equivalents   12       (271 ) Net decrease in cash, cash equivalents and restricted cash   (24,332 )     (7,417 ) Cash, cash equivalents, and restricted cash       Beginning of period   57,562       13,844   End of period $ 33,230     $ 6,427   Supplemental disclosures of cash flow information:       Cash paid for interest $ 611     $ 1,269   Cash paid for taxes, net of refunds   —       —   Gloo Holdings, Inc. GAAP to Non-GAAP Reconciliation (unaudited)   The following tables provide a reconciliation of our non-GAAP financial measures to their most directly comparable GAAP financial measures for the periods presented:     Three Months Ended April 30,     2026       2025     (in thousands) Net loss attributable to common stockholders and members $ (16,824 )   $ (26,402 ) Net loss attributable to noncontrolling interests   (227 )     (556 ) Net loss   (17,051 )     (26,958 ) Adjusted to exclude:       Interest expense   977       2,752   Income tax (benefit) expense   (845 )     33   Depreciation and amortization   3,427       2,527   Equity-based compensation   3,749       2,183   (Gain) loss from change in fair value of financial instruments   (750 )     3,190   Restructuring costs   74       —   Loss from equity method investments, net   —       (674 ) Interest income   (368 )     (61 ) IPO related costs   —       502   One-time employee tax credit   (1,191 )     —   Opening balance sheet adjustment subsequent to the measurement period   471       —   Adjusted EBITDA $ (11,507 )   $ (16,506 )     Three Months Ended April 30,       2026       2025     (in thousands, except share, per share, unit, and per unit data) Net loss   $ (17,051 )   $ (26,958 ) Net loss attributable to noncontrolling interests     (227 )     (556 ) Net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively     (16,824 )     (26,402 ) Less: Undeclared cumulative dividends on Series A Preferred Units     —       5,412   Net loss available to common stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively, basic and diluted     (16,824 )     (31,814 ) Adjusted to exclude:         (Gain) loss from change in fair value of financial instruments     (750 )     3,190   IPO related costs     —       502   Income tax impact (1)     158       —   Non-GAAP net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively     (17,416 )     (28,122 ) Weighted-average common shares (Class A and Class B) of Gloo Holdings, Inc. and units of Gloo Holdings, LLC used to compute net loss per unit, respectively, basic and diluted     80,769,952       8,217,025   Net loss per share attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and units of members of Gloo Holdings, LLC, respectively   $ (0.21 )   $ (3.87 ) Non-GAAP net loss per unit attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and units of members of Gloo Holdings, LLC, respectively   $ (0.22 )   $ (3.42 )   (1) The adjustments to net loss attributable to members of Gloo Holdings, LLC relate to accounting transactions that are exclusive to Gloo Holdings, LLC, a nontaxable entity, prior to the Corporate Reorganization. Subsequent to the Corporate Reorganization, Gloo Holdings, Inc. was subject to tax. ____________________ 1 Consensus source: FactSet   View source version on businesswire.com: https://www.businesswire.com/news/home/20260608302096/en/ investor@gloo.us Original: Gloo Holdings, Inc. Reports First Quarter 2026 Financial Results

Gloo Announces 2026 AI Hackathon Focused on “Building Together: Humans, Agents and the Future of Flourishing”May 28, 2026 11:00 AM
Business Wire The Boulder-based hackathon will bring together 700+ developers, engineers and mission-driven builders to create Applied AI solutions for the faith and flourishing ecosystem Gloo (Nasdaq: GLOO), a leading technology platform serving the faith and flourishing ecosystem, announced that it will hold the 2026 Gloo AI Hackathon from October 6-8, 2026, at the Limelight Conference Center in Boulder, Colorado. The 48-hour hackathon is expected to bring together more than 700 developers, engineers, and mission-driven builders to create AI-powered solutions that advance human flourishing. This year’s theme, “Building Together: Humans, Agents and the Future of Flourishing,” reflects Gloo’s philosophy that the future of AI will not be shaped by technology alone, but by the people, communities and values guiding how it is built. The event will focus on Applied AI for the faith ecosystem, helping developers create real AI workflows, tools, and applications for nonprofits, churches, ministries, Bible organizations, universities, and mission-driven communities. The 2026 Hackathon will offer $250,000 in cash prizes across three challenge tracks: Agents Track, powered by Gloo: Developers will build AI agents using Gloo AI Studio to drive human flourishing in meaningful ways. Ministry Resourcing Track, powered by Masterworks: Teams will solve real fundraising and operational challenges submitted by ministries, with curated bounties tied to real organizational needs. Bible Track, powered by YouVersion: Builders will use the YouVersion platform and Bible data to create new ways for people to engage Scripture across different sectors, contexts and communities. The hackathon will feature a 30-day pre-build period beginning in September, giving participants time to form teams, explore challenges and begin building before the in-person event begins in Boulder. “At Gloo, we believe AI should not only be powerful, but it should be aligned with the people and communities it serves,” said Nick Skytland, Vice President of Gloo Developer and AI Research. “The faith ecosystem cannot afford to sit on the sidelines while AI is being built. Now in its fourth year, the Gloo AI Hackathon creates an open space for developers, ministry leaders, creators and technologists to build together, with purpose, toward a future where AI helps people flourish.” This year’s event builds on the momentum of the 2025 Gloo AI Hackathon, where teams created values-aligned AI solutions to serve real needs across the faith ecosystem. Last year, the grand prize winner, Team Veritas from Austin Christian University, built an immersive Bible app with in-line AI Scripture intelligence to help users better understand the meaning behind biblical text — a prototype the team has since developed into a commercialized product available online. Other winning projects included an AI-powered financial coaching app aligned with biblical wisdom, a faith-based strategy RPG, and a real-time voice-to-ASL translation app that helps deaf and hard-of-hearing congregants better experience sermons, prayer and worship songs. This year, Gloo will place a deeper emphasis on Applied AI, encouraging teams to leverage the latest developments in AI to build solutions that support real-world ministry and community needs. Builders will have access to Gloo AI Studio, a production-grade AI development platform designed to help faith-based and mission-driven developers build, deploy and scale AI applications with governance and values-alignment at the core. “The question is no longer whether AI will be used by churches, ministries and faith-based organizations — it will,” said Skytland. “The real question is whether the AI being used will understand their values, reflect their theology and serve their communities in ways that are specific, trusted, and meaningful. That is what this Hackathon exists to accelerate.” Gloo’s Flourishing AI Benchmark reflects the company’s commitment to shaping technology for good by helping the ecosystem better understand how today’s AI models perform against values-aligned criteria. The benchmark shows that major AI models score lower against Christian flourishing criteria than against general standards, with the largest gap in the dimension of faith and spirituality. The hackathon builds on that transparency by bringing talented builders and faith leaders together to apply AI thoughtfully to real-world ministry challenges. To register or learn more, visit www.gloo.com/ai/hackathon. About Gloo Gloo (Nasdaq: GLOO) is a leading technology platform serving the faith and flourishing ecosystem. Gloo helps missional organizations amplify their impact by powering their technology and expanding their reach, so that people flourish and organizations thrive. The company’s values-aligned AI platform modernizes systems, workflows and data, while its marketing and donor solutions expand reach, awareness and long-term giving for mission-based organizations. Based in Boulder, Colorado, Gloo serves over 140,000 faith, ministry, and nonprofit leaders. View source version on businesswire.com: https://www.businesswire.com/news/home/20260528477852/en/ press@gloo.com Original: Gloo Announces 2026 AI Hackathon Focused on “Building Together: Humans, Agents and the Future of Flourishing”

AI is Becoming a Spiritual Authority, Even Among Practicing ChristiansMay 20, 2026 11:50 AM
Business Wire Nearly half of practicing Christians report that AI has helped them with Bible study, prayer, spiritual growth, and personal development New research from Barna Group, in partnership with Gloo, reveals AI is quickly becoming a spiritual authority in Americans’ lives. One in three adults now believes AI's spiritual guidance is just as trustworthy as a pastor's. Among Millennials, that number rises to 44%, and among practicing Christians — the church's most engaged members — 34% agree. In spite of practicing Christians increasingly relying upon AI as a spiritual tool, 65% expressed concern about AI beginning to act as a substitute for God with 72% concerned about AI replacing the role of pastors or spiritual leaders. Seventy-three percent of practicing Christians expressed concern about people losing their religious faith because of AI. "Christians say they trust AI with spiritual growth, and a meaningful share say its spiritual guidance is as trustworthy as a pastor's,” says Daniel Copeland, Barna's Vice President of Research. “Yet, large majorities are simultaneously concerned about AI misinterpreting scripture, replacing God, or undermining the role of spiritual leaders. The use case and the underlying fear are both present, and they're pointing in different directions." The survey also gauged Americans’ trust in AI across a range of life domains – including finances, physical and mental health, and relationships. Practicing Christians reported noteworthy openness – outpacing non-practicing Christians and pastors. More than 6 in 10 (61%) said they would completely or somewhat trust AI with achieving financial stability, and 56% said the same for mental and physical well-being. The trust extended into more personal territory as well: majorities said they would trust AI with feeling happy and content with life (56%), understanding and expressing one's true self (54%), having a sense of meaning or purpose (54%), building meaningful relationships with others (53%), and growing spiritually (48%). "What we're seeing is that Christians are genuinely open to AI as a support for the domains that matter most to them — well-being, purpose, even spiritual growth," says Copeland. "That level of openness is higher than we might have expected, and it holds across multiple areas of flourishing. Christians' willingness to engage AI personally — including spiritually — is running ahead of settled conviction about the role AI should play in the life of faith. Christians have not made up their minds about AI; they are extending trust and registering fear in the same breath. The research does not resolve that tension. It simply confirms how many people are living inside it.” The detailed findings of this month’s release are available here. Learn more about the 2026 State of the Church initiative at gloo.com/stateofthechurch. About the Research Data are from two surveys conducted by Barna Group. The U.S. adults survey (n=1,514) was conducted online in November 2025, utilizing representative quotas for age, gender, race/ethnicity, region, education, and income. The U.S. Protestant pastors survey (n=442) was conducted online in December 2025, utilizing representative quotas for church size, denomination, and region. Gloo (Nasdaq: GLOO) is a leading technology platform serving the faith and flourishing ecosystem. Gloo helps missional organizations amplify their impact by powering their technology and expanding their reach, so that people flourish and organizations thrive. The company’s values-aligned, AI platform modernizes systems, workflows and data, while its marketing and donor solutions expand reach, awareness, and long-term giving for mission-based organizations. Based in Boulder, Colorado, Gloo serves over 140,000 faith, ministry, and nonprofit leaders. Barna Group is a leading research organization focused on the intersection of faith and culture. Since 1984, Barna has conducted more than two million interviews over the course of thousands of studies and has become a go-to source for insights about religion, leadership, vocation and generations. Barna is an independent, privately-held, nonpartisan organization based in Dallas–Fort Worth, Texas. View source version on businesswire.com: https://www.businesswire.com/news/home/20260520817879/en/ press@gloo.com Original: AI is Becoming a Spiritual Authority, Even Among Practicing Christians

Pastors’ Emotional Resilience Rises as Job Satisfaction Declines, New Research FindsMay 5, 2026 11:58 AM
Business Wire While pastors’ confidence in calling rebounds, fewer feel fulfilled in their day-to-day ministry New research from Barna Group, in partnership with Gloo, reveals a growing disconnect among U.S. pastors: while their emotional health and confidence in their calling are improving, overall satisfaction with pastoral vocation has fallen to a decade low. Part of the 2026 State of the Church series, the findings highlight a widening gap between pastors’ renewed sense of calling and their day-to-day ministry experience. Indicators of emotional strain among pastors have declined significantly over the past decade. Feelings of inadequacy among pastors have dropped from 64% in 2023 to 44% in 2026, the lowest level Barna has recorded. Similarly, rates of emotional and mental exhaustion have decreased, with just over 60% of pastors saying they frequently or sometimes feel emotionally or mentally exhausted, compared to nearly 75% a decade ago. Energy for ministry work has also rebounded. Additionally, pastors’ confidence in their calling has recovered substantially following a sharp decline during the COVID-19 pandemic. In 2015, 66% of pastors reported feeling more confident in their calling than when they first entered ministry. That share dropped to 35% in 2020. That number has since risen to 58% in 2026. Despite these improvements, satisfaction with pastoral vocation has steadily declined. In 2015, 72% of pastors described themselves as “very satisfied” in their role. Today, that figure stands at 52%. Meanwhile, the share who report being “somewhat satisfied” has increased to 40%, indicating a shift from strong satisfaction to more moderate levels. A similar trend appears in pastors’ views of their current church ministry. The share of pastors who say they are “very satisfied” with their role in their present church has dropped from 53% in 2015 to 43% in 2026. The share of pastors who say they are “somewhat satisfied” has risen to 43% and now represent the largest group, meaning that more pastors are now moderately rather than deeply satisfied with their work. Separate Barna findings suggest that dissatisfaction may be tied less to exhaustion or doubt and more to the structure of the pastoral role. Pastors experiencing burnout are more likely to point to misalignment between their responsibilities and their strengths and gifts, along with limited ability to delegate responsibilities to others, rather than questioning their calling. “Pastors are in the most emotionally healthy place they’ve been in a while regarding vocation,” said Daniel Copeland, Barna’s Vice President of Research. “But the satisfaction data suggest they may be settling into a more sustainable — but less deeply fulfilling — experience of the work itself. If they feel confident in the calling and less burdened by doubt than they’ve been in years, that should be encouraging. It’s a moment to ask how we empower them to show us what the job of pastoring should be rather than continuing to tell them how to lead a church.” “Two things can be true at the same time. Pastors are feeling more fit to lead than at any time in recent memory, yet they seem to be telling us that the role is less of a fit for them,” said Brad Hill, Chief Partner Success Officer at Gloo. “The role of pastoring today and tomorrow will likely look different than in the past. This research is a wake-up call for leaders to examine how we resource, equip, train and support pastors so they can fully live out their calling.” The detailed findings of this month’s release are available here. Learn more about the 2026 State of the Church initiative at gloo.com/stateofthechurch. About the Research Research for this article was conducted by Barna in partnership with Gloo as part of the State of the Church 2026 series. The data are drawn from surveys of U.S. senior Protestant pastors: n=900 (2015), n=408 (2020), n=584 (2022), n=523 (2023), n=551 (2024), n=507 (2026). Each survey was conducted utilizing Barna’s PastorPanel, a research community of senior Protestant pastors that is representative of churches by denomination, church size and region of the country. Each survey utilizes quotas and statistical weighting to maximize statistical representation. Gloo (Nasdaq: GLOO) is a leading technology platform serving the faith and flourishing ecosystem. Gloo helps missional organizations amplify their impact by powering their technology and expanding their reach, so that people flourish and organizations thrive. The company’s values-aligned, AI platform modernizes systems, workflows and data, while its marketing and donor solutions expand reach, awareness, and long-term giving for mission-based organizations. Based in Boulder, Colorado, Gloo serves over 140,000 faith, ministry, and nonprofit leaders. Barna Group is a leading research organization focused on the intersection of faith and culture. Since 1984, Barna has conducted more than two million interviews over the course of thousands of studies and has become a go-to source for insights about religion, leadership, vocation and generations. Barna is an independent, privately-held, nonpartisan organization based in Dallas–Fort Worth, Texas. View source version on businesswire.com: https://www.businesswire.com/news/home/20260505827606/en/ press@gloo.com Original: Pastors’ Emotional Resilience Rises as Job Satisfaction Declines, New Research Finds

Gloo to Acquire Enterprisemarketdesk (EMD), a Workday Services Partner Built for Nonprofit and Mid-Market OrganizationsApril 14, 2026 4:05 PM
Business Wire
Acquisition expands Gloo’s enterprise technology capabilities and strengthens Gloo 360 as the IT infrastructure management service of choice for the faith and flourishing ecosystem


Gloo (Nasdaq: GLOO), a leading technology platform for the faith and flourishing ecosystem, today announced that it has entered into a definitive agreement to acquire EMD, an established Workday Services Partner that provides consulting, implementation and support services to nonprofit, small and mid-market organizations. The acquisition will add a broad set of AI-enabled Workday services and expertise to the Gloo platform, further strengthening the company’s portfolio of enterprise solutions for the faith and flourishing ecosystem.


“Workday is widely used across the ecosystem and by many Gloo customers. Our acquisition of EMD brings AI-enabled Workday implementation, operations and support into Gloo’s suite of services, deepening our pipeline and unlocking meaningful cross-sell opportunities with Gloo 360,” said Scott Beck, CEO at Gloo. “This is a great example of how we are establishing Gloo as the partner of choice for mission-aligned organizations. We take over the work of managing and modernizing their technology through applied AI and forward deployed engineering, creating better outcomes at lower costs for our customers along with sustained value for our shareholders.”


EMD offers a full suite of services including Workday deployments, application management services and staff augmentation. The company serves a mix of direct clients and partner systems integrator relationships, with a significant portion of the company’s business coming from faith-aligned organizations. Many Gloo enterprise customers already look to Workday as their system of choice, creating a natural alignment between the two organizations. Workday engagements often expand into broader modernization or digital transformation initiatives, where Gloo 360 is well positioned to provide ongoing support.


“We built EMD around the idea that this part of the Workday market needed a different model — one focused on predictable delivery, the right team, and long-term partnership,” said Alan Corbeil, Managing Partner of EMD. “Becoming part of Gloo allows us to scale that model while giving our customers access to a broader platform and continued investment in AI-enabled capabilities."


The acquisition is expected to close in the second quarter.


About Gloo


Gloo (Nasdaq: GLOO) is a leading technology platform serving the faith and flourishing ecosystem. Gloo helps missional organizations amplify their impact by powering their technology and expanding their reach, so that people flourish and organizations thrive. The company’s values-aligned AI platform modernizes systems, workflows and data, while its marketing and donor solutions expand reach, awareness and long-term giving for mission-based organizations. Based in Boulder, Colorado, Gloo serves over 140,000 faith, ministry, and nonprofit leaders.


Forward Looking Statements


This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. Forward-looking statements contained in this press release include, but are not limited to, statements about our pending transaction with Enterprisemarketdesk (EMD) and the expected impact of the transaction on our business. Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors. Some of these risks are described in greater detail in our Prospectus dated November 18, 2025, filed with the Securities and Exchange Commission (the "SEC") on November 19, 2025 and in the other documents we file with the SEC from time to time, including our Quarterly Report on Form 10-Q for the quarter ended October 31, 2025, filed with the SEC on December 23, 2025, and our Annual Report on Form 10-K, which we expect to file on or around the date of this press release. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause our actual results to differ materially from those contained in any forward-looking statements we may make. These factors may cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by our forward-looking statements. Furthermore, if our forward-looking statements prove to be inaccurate, the inaccuracy may be material. In light of the significant uncertainties in these forward-looking statements, you should not rely on these statements or regard these statements as a representation or warranty by us or any other person that we will achieve our objectives and plans in any specified timeframe, or at all. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260414396922/en/
press@gloo.us


Original: Gloo to Acquire Enterprisemarketdesk (EMD), a Workday Services Partner Built for Nonprofit and Mid-Market Organizations

Gloo Holdings, Inc. Reports Fourth Quarter and Fiscal 2025 Financial ResultsApril 14, 2026 4:10 PM
Business Wire
Achieves Q4 2025 Revenue of $33.6 million, exceeding guidance and analyst consensus


Raises fiscal year 2026 Revenue guidance to $190 million


Expects more than 30% sequential improvement in Adjusted EBITDA from Q4 25 to Q1 26


Accelerates progress toward Adjusted EBITDA profitability


Gloo Holdings, Inc. (Nasdaq: GLOO), a leading technology platform for the faith and flourishing ecosystem, today announced financial results for the quarter and year ended January 31, 2026. The company reaffirmed first quarter guidance and Adjusted EBITDA guidance and raised fiscal year 2026 revenue guidance to $190 million.


“We closed fiscal 2025 with a strong quarter that exceeded both our revenue guidance and analyst expectations. These results are particularly meaningful as they reflect our progress towards Adjusted EBITDA profitability and how AI is accelerating our momentum,” said Scott Beck, CEO of Gloo. “AI can unlock enormous possibilities for ministries, network capability providers and churches to grow their reach and impact, but only if they have access to the right tools. We believe that our focus on applied AI and bringing agentic workflows to the faith and flourishing sector uniquely positions us to capture that opportunity, while advancing our purpose of serving those who serve.”


Fourth Quarter and Fiscal 2025 Financial Highlights



Raised proceeds of $72.3 million, net of underwriting fees and discounts, in conjunction with the company’s initial public offering (IPO), completed in the fourth quarter of 2025. Additionally, converted $143.1 million of debt and related accrued interest amounts to equity in conjunction with the company’s IPO, significantly strengthening the company's balance sheet.



Total revenue for the fourth quarter was $33.6 million, representing 418% growth, compared to the prior year period, beating quarterly consensus of $31.6 million. Total revenue for fiscal 2025 was $94.7 million, representing 308% growth compared to fiscal 2024.


Platform revenue for the fourth quarter and fiscal 2025 totaled $20.1 million and $57.2 million, up 219% and 150%, respectively, compared to the prior year periods.



Platform solutions revenue for the fourth quarter and fiscal 2025 totaled $13.5 million and $37.5 million, up $13.3 million and $37.1 million, respectively, compared to prior year periods.






Net loss of $48.6 million and $158.7 million, for the fourth quarter and fiscal 2025, respectively. This compares to net loss of $44.8 million and $85.8 million for the fourth quarter and fiscal 2024, respectively.


There were meaningful non-cash charges in the fourth quarter. Adjusting for these, non-GAAP net loss attributable to stockholders of Gloo Holdings, Inc. was $39.4 million for the fourth quarter of 2025. This compares to non-GAAP net loss attributable to members of Gloo Holdings, LLC of $50.4 million for the fourth quarter of 2024.






Adjusted EBITDA was negative $18.6 million for the fourth quarter, beating consensus estimates of negative $18.7 million. This is on the better end of the company’s guidance range of negative $19.0 million to negative $18.5 million.



“Last quarter, we said we expected to end 2025 on a positive note, and our results confirm exactly that, reflecting strong execution and financial discipline. We achieved impressive year-over-year growth, and Q4 2025 revenue that exceeded both our guidance and analyst consensus, and Adjusted EBITDA at the better end of our range,” said Paul Seamon, CFO of Gloo. “Looking ahead, our Q1 2026 guidance and sequential improvement in Adjusted EBITDA keeps us firmly on track for delivering Adjusted EBITDA profitability by Q4 2026.”


Business Highlights


Advancing Leadership in Applied AI


Gloo is advancing leadership in applied AI by leveraging the latest innovations in agentic AI, foundational models and services from top AI companies, combining them with Gloo platform capabilities. As part of this strategy, Gloo takes on and modernizes customer technology and operations, applying agentic AI to deliver better outcomes at lower cost for customers, with strong margins and highly durable revenue streams for Gloo.



As co-host of the Missional AI Conference, previewed two new projects, including a faith-based adversarial evaluator as part of its FAI Initiative and a Language Integration Protocol (LIP) project to standardize AI training in new languages.



Published the peer-reviewed Flourishing AI Christian (FAIC) Benchmark report, outlining the methodology and research behind how AI outputs measure to a Christian worldview.



Launched Gloo AI Studio in March, providing a production-grade AI development platform to faith-based and mission-driven developers.



Strategic Acquisitions


The company continues to execute on its strategic acquisition strategy, further increasing the value and reach of the Gloo platform.



Announced a definitive agreement to acquire Enterprisemarketdesk (EMD), an established Workday Services Partner that provides consulting, implementation and support services to nonprofit, small and mid-market organizations. This expands Gloo’s enterprise technology capabilities and strengthens the Gloo 360 value proposition as the technology infrastructure management service of choice for the faith and flourishing ecosystem.



Successful completion of Westfall Group acquisition, a leading platform for major donor engagement in the faith and flourishing ecosystem, expanding Gloo’s capabilities in donor development and strengthening synergies with Masterworks, which was acquired in 2025.



Customer Momentum


Gloo continued to close deals in the fourth quarter of fiscal 2025 at over $1 million in annual contract value. Key examples include new agreements with InterVarsity and Jessup University.



Announced new strategic technology partnership with InterVarsity Christian Fellowship/USA, deploying Gloo 360 to power their enterprise technology operations. This enables InterVarsity to spend less time managing systems and more time engaging students and faculty across 700+ U.S. campuses.



Partnered with Jessup University to modernize its operational and technology foundation, creating the capacity to invest directly in student success initiatives while strengthening marketing, enrollment growth, and retention outcomes.



We also expanded our partnership with YouVersion in Brazil, establishing a co-located engineering presence alongside their Regional Hub to strengthen cultural alignment with their team while building engineering capacity in the region.



Fiscal Year 2026 Outlook


Gloo is reaffirming revenue guidance for its first quarter to be $36 million, which represents a nearly tripling of revenue growth over the prior year period. For fiscal year 2026, Gloo is raising guidance to $190 million, which represents a more than doubling over the prior year period. Adjusted EBITDA is expected to be negative $12 million for the first quarter of 2026 which is more than 30% sequential improvement in Adjusted EBITDA from Q4 25 to Q1 26. The company continues to expect to approach Adjusted EBITDA breakeven in third quarter 2026, and remains confident in achieving Adjusted EBITDA profitability in fourth quarter 2026.


Gloo has not provided a reconciliation of its forward outlook for Adjusted EBITDA to its most directly comparable GAAP financial measure in reliance on the unreasonable efforts exception provided under Item 10(e)(1)(i)(B) of Regulation S-K. Gloo is unable to predict with reasonable certainty the amount and timing of adjustments that are used to calculate this non-GAAP financial measure, particularly related to interest expense and changes in fair value of certain financial instruments, as well as equity-based compensation and employee stock transactions and related tax effects.


Conference Call Information


Gloo will conduct a conference call with analysts and investors to discuss its fourth quarter and fiscal 2025 financial results and current financial prospects today at 5 p.m. ET. Participants may access the conference call via webcast using the Gloo Webcast link. The webcast will be recorded and available for replay. The link and recording will also be available on the Investor Relations section of the Gloo website at investors.gloo.com.


About Gloo


Gloo (Nasdaq: GLOO) is a leading technology platform serving the faith and flourishing ecosystem. Gloo helps missional organizations amplify their impact by powering their technology and expanding their reach, so that people flourish and organizations thrive. The company’s values-aligned AI platform modernizes systems, workflows and data, while its marketing and donor solutions expand reach, awareness and long-term giving for mission-based organizations. Based in Boulder, Colorado, Gloo serves over 140,000 faith, ministry, and nonprofit leaders.


Forward-Looking Statements


This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding our growth prospects, our ability to achieve Adjusted EBITDA profitability, the impact of AI on the faith and flourishing sector and on our business and growth prospects, market share gains, our acquisition strategy and business initiatives, and our outlook for the fourth quarter and fiscal year of 2025. Forward-looking statements include statements containing words such as “expect,” “anticipate,” “believe,” “project,” “will” and similar expressions intended to identify forward-looking statements. These forward-looking statements are based on our current expectations. Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors. Some of these risks are described in greater detail in our Prospectus dated November 18, 2025, filed with the Securities and Exchange Commission (the “SEC”) on November 19, 2025, and in the other documents we file with the SEC from time to time, including our Quarterly Report on Form 10-Q for the quarter ended October 31, 2025, filed with the SEC on December 23, 2025, and our annual report on Form 10-K, which we expect to file with the SEC on or around the date of this press release. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause our actual results to differ materially from those contained in any forward-looking statements we may make. These factors may cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by our forward-looking statements. Furthermore, if our forward-looking statements prove to be inaccurate, the inaccuracy may be material. In light of the significant uncertainties in these forward-looking statements, you should not rely on these statements or regard these statements as a representation or warranty by us or any other person that we will achieve our objectives and plans in any specified timeframe, or at all. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.


Non-GAAP Financial Measures


To supplement its condensed consolidated financial statements, which are prepared and presented in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), Gloo has provided in this press release and the accompanying tables the following non-GAAP financial measures: Adjusted EBITDA, non-GAAP net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively, and non-GAAP net loss per unit attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and members of Gloo Holdings, LLC, basic and diluted.


Gloo uses Adjusted EBITDA to evaluate its core operating performance, support planning and forecasting, and assess strategic opportunities. In addition, Gloo may use Adjusted EBITDA in its incentive compensation programs applicable to some of its employees. Accordingly, Gloo believes that Adjusted EBITDA may provide useful information to investors about its business and financial performance, enhance its overall understanding of our past performance and future prospects, and allow for greater transparency with respect to this measure used by Gloo management in their financial and operational decision making.


Adjusted EBITDA is defined as net loss adjusted to exclude (1) interest expense, (2) income tax expense (benefit), (3) depreciation and amortization, (4) equity-based compensation, (5) impairment of goodwill, (6) loss (gain) from change in fair value of financial instruments, (7) restructuring costs, (8) transaction related bonuses, (9) loss on extinguishment of debt, (10) income (loss) from equity method investments, net, (11) interest income, (12) IPO-related costs, and (13) one-time employee tax credit, that are not reflective of Gloo's core operating results.


Gloo also presents non-GAAP net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively, and non-GAAP net loss per unit attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and members of Gloo Holdings, LLC, because it believes that these measures may similarly provide useful information to investors about its business and financial performance, enhance its overall understanding of our past performance and future prospects, and allow for greater transparency with respect to this measure used by Gloo management in their financial and operational decision making. Management also believes that these measures are commonly used by securities analysts, investors and other interested parties in the evaluation of the Company's performance.


Non-GAAP net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively, and non-GAAP net loss per unit attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and members of Gloo Holdings, LLC, are defined as net loss attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and members of Gloo Holdings, LLC and net loss per unit available to members of Gloo Holdings, LLC respectively, adjusted to exclude the impact of (1) loss (gain) from change in fair value of financial instruments, (2) loss on extinguishment of debt, (3) other non-routine items, such as IPO related costs, and (4) the income tax expense (benefit) impact of other adjustments, if any. Non-GAAP net loss per unit available to members of Gloo Holdings, LLC, basic and diluted, includes adjustments made to (U.S. GAAP) net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively. The Company has made these non-GAAP adjustments because it believes that these charges are not reflective of its core operating results.


The non-GAAP financial measures included in this press release are not measurements of financial performance under U.S. GAAP and they should not be considered as alternatives to or substitutes for measures of performance derived in accordance with U.S. GAAP. In addition, these non-GAAP measures should not be construed as an inference that the Company’s future results will be unaffected by unusual or non-routine items. These non-GAAP measures have limitations as analytical tools, and investors should not consider such measures either in isolation or as substitutes for analyzing the Company’s results as reported under U.S. GAAP. The Company’s definitions and calculations of these non-GAAP measures are not necessarily comparable to other similarly titled measures used by other companies due to different methods of calculation. Investors are encouraged to review the most directly comparable GAAP measure and the Company's condensed consolidated financial statements and related notes included in Part II, Item 8 of the Annual Report on Form 10-K for the year ended January 31, 2026, which Gloo expects to file with the SEC on or around the date of this press release.




Gloo Holdings, Inc.




Consolidated Balance Sheets




(unaudited)








 



 






January 31,








 






2026







2025








 






(in thousands, except share and unit data)








ASSETS






 






 







 






 








Current assets:






 






 







 






 








Cash and cash equivalents






$






57,307






 







$






13,592






 








Restricted cash






 






255






 







 






252






 








Accounts receivable, net of allowance for credit losses of $75 and $68, respectively






 






10,697






 







 






623






 








Inventory, net






 






1,397






 







 






1,460






 








Contract assets






 






1,259






 







 






—






 








Prepaid expenses and other current assets






 






4,689






 







 






2,388






 








Total current assets






 






75,604






 







 






18,315






 








Property and equipment, net






 






4,166






 







 






2,303






 








Capitalized software, net






 






30,078






 







 






23,578






 








ROU operating lease asset






 






8,705






 







 






3,835






 








Long-term investments






 






100






 







 






33,252






 








Other non-current assets






 






370






 







 






209






 








Intangible assets, net






 






37,283






 







 






11,431






 








Goodwill






 






107,353






 







 






27,901






 








Total assets






$






263,659






 







$






120,824






 








 






 






 







 






 








LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' AND MEMBERS’ DEFICIT






 






 







 






 








Current liabilities:






 






 







 






 








Accounts payable






$






9,356






 







$






3,613






 








Accrued compensation






 






8,397






 







 






4,538






 








Accrued liabilities






 






6,414






 







 






3,521






 








Acquisition-related liabilities, current






 






2,056






 







 






1,350






 








Deferred revenue






 






14,581






 







 






3,725






 








Debt, current






 






5,812






 







 






3,177






 








Lease liabilities, current






 






1,925






 







 






685






 








Total current liabilities






 






48,541






 







 






20,609






 








Acquisition-related liabilities, non-current






 






1,346






 







 






100






 








Debt, non-current






 






29,485






 







 






66,959






 








Lease liabilities, non-current






 






7,076






 







 






3,095






 








Derivative liability






 






399






 







 






832






 








Deferred income taxes






 






4,353






 







 






1,911






 








MW Call Option






 






12,858






 







 






8,793






 








Other non-current liabilities






 






1,919






 







 






4,633






 








Total liabilities






 






105,977






 







 






106,932






 








 






 






 







 






 








Mezzanine Equity:






 






 







 






 








Series A Preferred Units, no par value; no units authorized, issued or outstanding, with zero liquidation preference as of January 31, 2026; and 39,250,615 authorized, 37,809,982 units issued, and 37,532,207 units outstanding, with an aggregate liquidation preference of $432.7 million as of January 31, 2025






 






—






 







 






351,887






 








Redeemable NCI






 






3,559






 







 






—






 








Total mezzanine equity






 






3,559






 







 






351,887






 








 






 






 







 






 








Stockholders' and Members’ Equity:






 






 







 






 








Preferred stock, par value $0.001 per share, 100,000,000 shares authorized, and no shares issued or outstanding as of January 31, 2026






 






—






 







 






—






 








Common member units, no par value; no units authorized, issued or outstanding as of January 31, 2026; and 13,217,025 units authorized and 8,201,191 units issued and outstanding as of January 31, 2025






 






—






 







 






—






 








Class A, $0.001 par value, 5,000,000,000 shares authorized, and 11,405,352 issued and outstanding as of January 31, 2026






 






11






 







 






—






 








Class B, $0.001 par value, 100,000,000 shares authorized, 69,465,772 issued and 69,166,937 outstanding as of January 31, 2026






 






70






 







 






—






 








Treasury stock, at cost; 298,835 shares as of January 31, 2026; and no shares as of January 31, 2025






 






(3,771






)







 






—






 








Additional paid-in capital






 






178,619






 







 






23,591






 








Accumulated deficit






 






(40,119






)







 






(368,312






)








Accumulated other comprehensive income






 






364






 







 






—






 








Equity attributable to stockholders' and members’






 






135,174






 







 






(344,721






)








Equity attributable to noncontrolling interests






 






18,949






 







 






6,726






 








Total stockholders' and members’ equity






 






154,123






 







 






(337,995






)








Total liabilities, mezzanine equity, and stockholders' and members’ equity






$






263,659






 







$






120,824






 









Gloo Holdings, Inc.




Consolidated Statements of Operations




(unaudited)










 



 






Three Months Ended January 31,






 






Year Ended January 31,








 






2026






 






2025






 






2026






 






2025








 






(in thousands, except share, per share, unit, and per unit data)








Revenue:






 






 






 






 






 






 






 








Platform revenue






$






20,143






 






 






$






6,323






 






 






$






57,208






 






 






$






22,873






 








Platform solutions revenue






 






13,490






 






 






 






173






 






 






 






37,452






 






 






 






330






 








Other revenue






 






—






 






 






 






—






 






 






 






—






 






 






 






13






 








Total revenue






 






33,633






 






 






 






6,496






 






 






 






94,660






 






 






 






23,216






 








Operating expenses:






 






 






 






 






 






 






 








Cost of revenue (exclusive of depreciation and amortization)






 






25,739






 






 






 






5,417






 






 






 






71,554






 






 






 






19,749






 








Product development






 






6,878






 






 






 






3,594






 






 






 






23,744






 






 






 






13,551






 








Sales and marketing






 






12,387






 






 






 






6,478






 






 






 






36,354






 






 






 






22,619






 








General and administrative






 






20,538






 






 






 






4,784






 






 






 






60,016






 






 






 






15,098






 








Depreciation and amortization






 






3,117






 






 






 






2,154






 






 






 






11,163






 






 






 






7,714






 








Impairment of goodwill






 






—






 






 






 






27,753






 






 






 






—






 






 






 






27,753






 








Total operating expenses






 






68,659






 






 






 






50,180






 






 






 






202,831






 






 






 






106,484






 








Operating loss






 






(35,026






)






 






 






(43,684






)






 






 






(108,171






)






 






 






(83,268






)








Other expense (income):






 






 






 






 






 






 






 








Interest expense






 






1,954






 






 






 






1,884






 






 






 






14,347






 






 






 






4,738






 








Other income, net






 






(2,037






)






 






 






(150






)






 






 






(2,367






)






 






 






(687






)








Loss (gain) from change in fair value of financial instruments






 






13,025






 






 






 






(543






)






 






 






33,528






 






 






 






(1,301






)








Loss on extinguishment of debt






 






—






 






 






 






—






 






 






 






7,473






 






 






 






—






 








Total other expense (income), net






 






12,942






 






 






 






1,191






 






 






 






52,981






 






 






 






2,750






 








Net loss before income taxes






 






(47,968






)






 






 






(44,875






)






 






 






(161,152






)






 






 






(86,018






)








Income tax (expense) benefit






 






(680






)






 






 






236






 






 






 






(362






)






 






 






796






 








Income (loss) from equity method investments, net






 






—






 






 






 






(143






)






 






 






2,782






 






 






 






(580






)








Net loss






 






(48,648






)






 






 






(44,782






)






 






 






(158,732






)






 






 






(85,802






)








Less: net loss attributable to noncontrolling interests






 






681






 






 






 






(113






)






 






 






(1,604






)






 






 






(113






)








Net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively






$






(49,329






)






 






$






(44,669






)






 






$






(157,128






)






 






$






(85,689






)








 






 






 






 






 






 






 






 








Net loss per share attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and units of members of Gloo Holdings, LLC, respectively






$






(0.77






)






 






$






(6.14






)






 






$






(8.03






)






 






$






(13.65






)








Weighted-average common shares (Class A and Class B) of Gloo Holdings, Inc. and units of Gloo Holdings, LLC used to compute net loss per share and unit, respectively, basic and diluted






 






65,596,225






 






 






 






8,125,002






 






 






 






22,696,229






 






 






 






7,764,474






 









Gloo Holdings, Inc.




Consolidated Statements of Cash Flows




(unaudited)








 



 






Year Ended January 31,








 






2026







2025








 






(in thousands)








Operating activities:






 






 







 






 








Net loss






$






(158,732






)







$






(85,802






)








Adjustments to reconcile net loss attributable to common stockholders and members to net cash used in operating activities:






 






 







 






 








Equity-based compensation expense






 






15,450






 







 






3,787






 








Depreciation and amortization






 






11,163






 







 






7,714






 








Amortization of deferred financing costs






 






3,249






 







 






692






 








Provision for expected credit losses






 






396






 







 






64






 








Provision for inventory write-offs






 






123






 







 






274






 








Lease expense






 






2,098






 







 






1,179






 








Deferred income taxes






 






(141






)







 






(796






)








Loss (gain) from change in fair value of financial instruments






 






33,528






 







 






(1,301






)








(Income) loss from equity method investments, net






 






(2,782






)







 






580






 








Loss on extinguishment of debt






 






7,473






 







 






—






 








Debt assumed through PIK interest






 






3,474






 







 






1,381






 








Impairment of goodwill






 






—






 







 






27,753






 








Changes in operating assets and liabilities, net of acquisitions:






 






 







 






 








Accounts receivable






 






(2,864






)







 






(236






)








Prepaid expenses and other current assets






 






(40






)







 






(1,173






)








Other non-current assets






 






(1,249






)







 






(50






)








Accounts payable






 






2,814






 







 






(63






)








Accrued expenses and other current liabilities






 






3,820






 







 






(904






)








Deferred revenue






 






1,611






 







 






1,571






 








Other non-current liabilities






 






110






 







 






(804






)








Net cash used in operating activities






 






(80,499






)







 






(46,134






)








Investing activities:






 






 







 






 








Purchases of property and equipment






 






(1,189






)







 






(425






)








Capitalized internal-use software costs






 






(12,822






)







 






(10,169






)








Purchases of equity method investments






 






—






 







 






(2,401






)








Acquisitions, net of cash acquired






 






(10,234






)







 






(1,931






)








Net cash used in investing activities






 






(24,245






)







 






(14,926






)








Financing activities:






 






 







 






 








Payments on debt






 






(4,316






)







 






(230






)








Proceeds from debt






 






81,925






 







 






60,680






 








Payments of deferred financing costs






 






(85






)







 






(87






)








Proceeds from Member Advances received, net






 






5,000






 







 






489






 








Proceeds from Series A Preferred Units issuance






 






817






 







 






—






 








Proceeds from exercise of common stock and common unit options






 






639






 







 






325






 








Proceeds from issuance of Class A common stock upon initial public offering, net of underwriting discounts and commissions and other offering costs






 






64,991






 







 






—






 








Net cash provided by financing activities






 






148,971






 







 






61,177






 








Effect of exchange rate changes on cash and cash equivalents






 






(509






)







 






—






 








Net increase in cash, cash equivalents and restricted cash






 






43,718






 







 






117






 








Cash, cash equivalents, and restricted cash






 






 







 






 








Beginning of period






 






13,844






 







 






13,727






 








End of period






$






57,562






 







$






13,844






 








Supplemental disclosures of cash flow information:






 






 







 






 








Cash paid for interest






$






4,013






 







$






3,442






 








Cash paid for taxes, net of refunds






 






167






 







 






—






 








Supplemental disclosure of non-cash investing and financing activity:






 






 







 






 








ROU assets obtained in acquisition






 






2,206






 







 






—






 








ROU assets obtained in exchange for new lease liabilities






 






1,934






 







 






—






 









Gloo Holdings, Inc.




GAAP to Non-GAAP Reconciliation




(unaudited)










 



The following tables provide a reconciliation of our non-GAAP financial measures to their most directly comparable GAAP financial measures for the periods presented:










 



 






Three Months Ended January 31,






 






Year Ended January 31,








 






2026






 






2025






 






2026






 






2025








 






(in thousands)








Net loss attributable to common stockholders and members






$






(49,329






)






 






$






(44,669






)






 






$






(157,128






)






 






$






(85,689






)








Net loss attributable to noncontrolling interests






 






681






 






 






 






(113






)






 






 






(1,604






)






 






 






(113






)








Net loss






 






(48,648






)






 






 






(44,782






)






 






 






(158,732






)






 






 






(85,802






)








Adjusted to exclude:






 






 






 






 






 






 






 






 






 








Interest expense






 






1,954






 






 






 






1,884






 






 






 






14,347






 






 






 






4,738






 








Income tax expense (benefit)






 






680






 






 






 






(236






)






 






 






362






 






 






 






(796






)








Depreciation and amortization






 






3,117






 






 






 






2,154






 






 






 






11,163






 






 






 






7,714






 








Equity-based compensation






 






10,522






 






 






 






377






 






 






 






15,450






 






 






 






3,787






 








Impairment of goodwill






 






—






 






 






 






27,753






 






 






 






—






 






 






 






27,753






 








Loss (gain) from change in fair value of financial instruments






 






13,025






 






 






 






(543






)






 






 






33,528






 






 






 






(1,301






)








Restructuring costs






 






1,680






 






 






 






687






 






 






 






1,680






 






 






 






687






 








Transaction related bonuses






 






—






 






 






 






—






 






 






 






732






 






 






 






—






 








Loss on extinguishment of debt






 






—






 






 






 






—






 






 






 






7,473






 






 






 






—






 








Income (loss) from equity method investments, net






 






—






 






 






 






143






 






 






 






(2,782






)






 






 






580






 








Interest income






 






(713






)






 






 






(146






)






 






 






(1,023






)






 






 






(665






)








IPO related costs






 






1,117






 






 






 






—






 






 






 






4,738






 






 






 






—






 








One-time employee tax credit






 






(1,285






)






 






 






—






 






 






 






(1,285






)






 






 






—






 








Adjusted EBITDA






$






(18,551






)






 






$






(12,709






)






 






$






(74,349






)






 






$






(43,305






)











 



 






Three Months Ended January 31,






 






Year Ended January 31,








 






2026






 






2025






 






2026






 






2025








 






(in thousands, except share, per share, unit, and per unit data)








Net loss






$






(48,648






)






 






$






(44,782






)






 






$






(158,732






)






 






$






(85,802






)








Net loss attributable to noncontrolling interests






 






681






 






 






 






(113






)






 






 






(1,604






)






 






 






(113






)








Net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively






 






(49,329






)






 






 






(44,669






)






 






 






(157,128






)






 






 






(85,689






)








Adjusted to exclude:






 






 






 






 






 






 






 








Loss (gain) from change in fair value of financial instruments






 






13,025






 






 






 






(543






)






 






 






33,528






 






 






 






(1,301






)








IPO related costs






 






1,117






 






 






 






—






 






 






 






4,738






 






 






 






—






 








Loss on extinguishment of debt






 






—






 






 






 






—






 






 






 






7,473






 






 






 






—






 








Income tax impact(1)






 






—






 






 






 






—






 






 






 






—






 






 






 






—






 








Non-GAAP net loss attributable to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively






 






(35,187






)






 






 






(44,670






)






 






 






(111,389






)






 






 






(86,990






)








Less: Undeclared cumulative dividends on Series A Preferred Units






 






1,229






 






 






 






5,185






 






 






 






17,694






 






 






 






20,264






 








Less: Deemed dividend for conversion of Member Advance






 






—






 






 






 






—






 






 






 






7,400






 






 






 






—






 








Non-GAAP net loss available to stockholders and members of Gloo Holdings, Inc. and Gloo Holdings, LLC, respectively, LLC basic and diluted






$






(36,416






)






 






$






(49,855






)






 






$






(136,483






)






 






$






(107,254






)








 






 






 






 






 






 






 






 








Weighted average number of common units outstanding, basic and diluted






 






65,596,225






 






 






 






8,125,002






 






 






 






22,696,229






 






 






 






7,764,474






 








 






 






 






 






 






 






 






 








Net loss per share attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and units of members of Gloo Holdings, LLC, respectively






$






(0.77






)






 






$






(6.14






)






 






$






(8.03






)






 






$






(13.65






)








Non-GAAP net loss per unit attributable to common stockholders of Gloo Holdings, Inc. (Class A and Class B) and units of members of Gloo Holdings, LLC, respectively






$






(0.78






)






 






$






(5.12






)






 






$






(7.12






)






 






$






(2.62






)






















 



(1) The adjustments to net loss attributable to members of Gloo Holdings, LLC relate to accounting transactions that are exclusive to Gloo Holdings, LLC, a nontaxable entity.







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260414279483/en/
investor@gloo.us


Original: Gloo Holdings, Inc. Reports Fourth Quarter and Fiscal 2025 Financial Results