Earnings call transcript: Pivotree posts stronger pipeline in Q2 2026
Pivotree posted stronger-than-expected Q2 2026 results, with revenue of CAD 12.6 million and adjusted EBITDA of CAD 900,000. The company emphasized a deliberate shift toward AI-enabled services, with 22% of revenue coming from these offerings. While the stock rose 2.86% to $1.44, it remained near the lower end of its 52-week range.
Management highlighted improvements in bookings and margins, and noted that demand was strongest in data, commerce, and integration. The company also reported a clearer separation between legacy and new business segments, with AI-enabled offerings expanding. Pivotree's financial strength, as reflected in its current ratio and cash position, suggests it is well-positioned to fund its AI transition and potentially deliver more durable growth.
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