Riskified Reports Strong Second Quarter of 2026 with Accelerating Revenue Growth

Raises Revenue and Adjusted EBITDA guidanceNEW YORK--(BUSINESS WIRE)--Riskified Ltd. (NYSE: RSKD) (the “Company”, “Riskified”, “we” or “our”), a leader in ecommerce fraud and risk intelligence, today announced financial results for the three and six months ended June 30, 2026. The Company will host an investor call to discuss these results today at 8:30 a.m. Eastern Time. "We delivered our strongest revenue growth in over four years, driven by increasingly complex fraud and merchant demand for the unified platform we've spent years building. That's showing up in accelerating new business and a deepening multi-product base, and it's why we're raising our outlook for the second time this year," said Eido Gal, CEO & Co-Founder of Riskified. Q2 2026 and Recent Business Highlights Strongest Revenue Growth in Over Four Years: Revenue grew 22% year-over-year to $98.7 million, an acceleration from 7% growth in the first quarter, driven by continued new merchant and upsell activity. Accelerating New Business Momentum: New logo acquisition was a significant contributor to results this quarter. We added new logos across all four regions, with five of our top ten headquartered outside the United States, spanning five categories. Sustained Competitive Win Rates: Our competitive win rates remained above 75% in the second quarter, reflecting the differentiation of our platform compared to alternatives that merchants consider. Continued ACH and Non-Card Expansion: Our investment in ACH-specific models and features extended our broader payments capabilities, with ACH becoming a meaningful and growing part of new business this quarter. The dollar value of ACH transactions that Riskified processed in the quarter was approximately 19 times higher than the value processed in the second quarter of the prior year. Platform Expansion: Merchants are increasingly using Riskified’s identity intelligence beyond checkout to improve the customer experience across the transaction lifecycle. Our AI assistant, ARIA, continued to gain traction this quarter. We have embedded ARIA across our wider platform, giving fraud and risk teams a highly effective tool that helps them investigate activity, understand emerging trends, and take action more quickly. Live Sports Driving Category Momentum: A dense global events calendar, including the World Cup and NBA Finals, drove elevated volumes across Tickets and Digital Finance. Continued Share Repurchases: In the second quarter, we repurchased approximately 13.7 million shares for total consideration of $63.9 million, contributing to a 26% cumulative reduction in total shares outstanding since the program's inception. Q2 2026 Financial Summary & Highlights The following table summarizes our consolidated financial results for the three and six months ended June 30, 2026 and 2025, in thousands except where indicated: Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (unaudited) (unaudited) Gross merchandise volume ("GMV") in millions(1) $ 41,300 $ 36,434 $ 78,547 $ 70,605 Increase in GMV year over year 13 % 11 % Revenue $ 98,691 $ 81,060 $ 186,959 $ 163,447 Increase in revenue year over year 22 % 14 % GAAP gross profit $ 44,968 $ 39,750 $ 90,855 $ 80,204 Increase in GAAP gross profit year over year 13 % 13 % GAAP gross profit margin 46 % 49 % 49 % 49 % Net profit (loss) $ (9,105 ) $ (11,633 ) $ (13,532 ) $ (25,519 ) Net profit (loss) margin (9 )% (14 )% (7 )% (16 )% Adjusted EBITDA(1) $ 3,919 $ 2,134 $ 10,106 $ 3,453 Adjusted EBITDA margin(1) 4 % 3 % 5 % 2 % Additional Financial Highlights GAAP gross profit margin of 46% for the three months ended June 30, 2026 compared to 49% in the prior year. Non-GAAP gross profit margin(1) of 46% for the three months ended June 30, 2026 compared to 50% in the prior year. GAAP gross profit margin of 49% for the six months ended June 30, 2026 compared to 49% in the prior year. Non-GAAP gross profit margin(1) of 49% for the six months ended June 30, 2026 compared to 50% in the prior year. GAAP net loss per share of $(0.07) for the three months ended June 30, 2026 compared to net loss per share of $(0.07) in the prior year. Non-GAAP diluted net profit per share(1) of $0.02 for the three months ended June 30, 2026 compared to $0.02 in the prior year. GAAP net loss per share of $(0.09) for the six months ended June 30, 2026 compared to net loss per share of $(0.16) in the prior year. Non-GAAP diluted net profit per share(1) of $0.07 for the six months ended June 30, 2026 compared to $0.05 in the prior year. Operating cash flow of $13.3 million for the three months ended June 30, 2026 compared to $5.6 million in the prior year. Free cash flow(1) of $12.9 million for the three months ended June 30, 2026 compared to $5.3 million in the prior year. Operating cash flow of $22.9 million for the six months ended June 30, 2026 compared to $9.4 million in the prior year. Free cash flow(1) of $22.0 million for the six months ended June 30, 2026 compared to $9.0 million in the prior year. Ended June 30, 2026 with approximately $223.6 million of cash, deposits, and investments on the balance sheet and zero debt. "We delivered robust revenue growth in the second quarter, with continued expansion in Adjusted EBITDA," said Aglika Dotcheva, Chief Financial Officer of Riskified. "Revenue grew 22% year-over-year to $98.7 million, accelerating from 7% growth in the first quarter, and Adjusted EBITDA increased 84% to $3.9 million. We also generated $12.9 million in free cash flow while returning capital to shareholders through our buyback program. Our strong balance sheet and improving profitability give us the confidence and flexibility to keep investing in the platform while raising our full-year outlook." Financial OutlookRead the full story here

Riskified Reports Strong Second Quarter of 2026 with Accelerating Revenue Growth

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