Cellebrite Announces Record Fourth-Quarter and Full-Year 2025 Results

Whole ARR grew 21% to $480.8 million; Income grew 18% to $128.8 million

Internet earnings of $21.3 million helps non-GAAP internet earnings of $36.7 million and adjusted EBITDA of $38.3 million, 29.8% adjusted EBITDA margin

TYSONS CORNER, Va. and PETAH TIKVA, Israel, Feb. 11, 2026 /PRNewswire/ — Cellebrite (NASDAQ: CLBT), a worldwide chief in AI-powered Digital Investigative and Intelligence options for the private and non-private sectors, at this time introduced monetary outcomes for the three and twelve months ending December 31, 2025.

“Cellebrite closed 2025 with a stable fourth quarter that capped a 12 months of significant strategic progress,” said Thomas E. Hogan, Cellebrite’s CEO. “We cemented our Inseyets providing because the gold commonplace in digital forensics, drove sturdy adoption of our SaaS and cloud-based choices, accomplished our first main acquisition and added essential expertise throughout the Firm. Regardless of a difficult U.S. Federal spending surroundings, we drove 21% ARR development in 2025, which displays enlargement throughout all of our main geographies and our flagship choices, in addition to the modest contribution from Corellium. Our success in rising the highest line whereas increasing revenue margins and producing excellent free money circulate is a direct byproduct of the worth of our platform, the energy of buyer relationships and our ongoing dedication to considerate dedication to considerate spending and optimized useful resource allocation.”

Hogan added, “Our 2026 outlook displays our conviction in accelerated ARR development. The optimistic macro tailwinds for our enterprise persist. We stay properly positioned to broaden {our relationships} throughout world legislation enforcement, protection and intelligence, and the non-public sector. We enter 2026 with a variety of recent and ongoing alternatives for development together with the continuation of Inseyets conversions, our new superior unlock capabilities, broad adoption of our Guardian Forensics mixed with the upcoming launch of Guardian Examine, an increasing suite of AI-powered analytics, the worldwide distribution of Corellium options throughout each the non-public and public sectors, the anticipated rebound throughout the U.S. Federal phase, our new, anticipated management place in Drone Forensics and our elevated funding within the Protection and Intelligence sector. As all the time, we stay dedicated to accountable profitability and our corresponding energy in free money circulate. I’m pleased with this group and product of serious position we proceed to play in preserving our nations, communities and companies secure.”

Fourth-Quarter 2025 Monetary Highlights

• Income of $128.8 million, up 18% year-over-year
• Subscription income was $115.5 million, up 21% year-over-year
• Whole Annual Recurring Income (ARR) of $480.8 million, up 21% year-over-year
  • Whole ARR consists of $16.1 million in ARR from Corellium, which was acquired by Cellebrite on December 1, 2025. Excluding Corellium’s ARR, Cellebrite’s ARR grew organically by 17% to $464.7 million.
• Recurring income dollar-based internet retention charge of 116%
• GAAP gross revenue and gross margin of $109.1 million and 84.7%, respectively; Non-GAAP gross revenue and gross revenue margin of $110.8 million and 86.0%, respectively
• GAAP internet earnings of $21.3 million; Non-GAAP internet earnings of $36.7 million
• GAAP diluted earnings per share of $0.08; Non-GAAP diluted earnings per share of $0.14
• Adjusted EBITDA and Adjusted EBITDA margin of $38.3 million and 29.8%, respectively

Full-12 months 2025 Monetary Highlights

• Income of $475.7 million, up 19% year-over-year
• Subscription income was $427.0 million, a 21% year-over-year enhance
• GAAP gross revenue and gross margin of $400.5 million and 84.2%, respectively; Non-GAAP gross revenue and gross revenue margin of $404.6 million and 85.1%, respectively
• GAAP internet earnings of $78.3 million; Non-GAAP internet earnings of $130.5 million
• GAAP diluted earnings per share of $0.31; Non-GAAP diluted earnings per share of $0.51
• Adjusted EBITDA and adjusted EBITDA margin of $127.6 million and 26.8%, respectively

Current Enterprise Highlights

Cellebrite to Purchase SCG Canada, Including Main Moveable Drone Forensics Functionality

• Cellebrite additionally introduced at this time its settlement to amass SCG Canada Inc., a number one supplier of hand-held digital forensics options that allows entry to dozens of the most typical Unmanned Aerial Autos (UAVs) for extraction, decoding and visualization of essential forensic artifacts.
  • This acquisition is anticipated to additional broaden Cellebrite’s digital forensics capabilities for amassing and reviewing information from a fast-growing class of digital witnesses. Utilization of drones across the globe is surging with world spending on drones anticipated to develop 20% to $53.5 billion in 2026. Whereas drones have a myriad of constructive use circumstances, in addition they convey potential for hurt and the pursuit of crime. Within the US alone, in 2025 there have been an estimated 1.2M drone violations making forensics and mitigations a crucial aspect of balancing the worldwide proliferation of drones.
  • “We imagine drone information and artifacts may emerge over the approaching years because the second Most worthy information supply behind cell/cell telephones within the pursuit of justice and security,” stated Thomas Hogan. “This is applicable to a number of buyer cohorts together with nationwide protection, native legislation enforcement and personal sector companies centered on securing the air house round crucial infrastructure, and dense places reminiscent of airports and sports activities venues. This represents a modest however essential transfer to additional improve Cellebrite’s total worth proposition and additional elevate the affect of our AI-powered platform for multi-data supply evaluation – a crucial element of modern-day investigations and intelligence gathering.”
  • As soon as this transaction is accomplished, Cellebrite prospects centered on Protection and Intelligence will profit from the addition of a extremely transportable, battery-powered resolution for fast entry and visualization of mission-critical information on the level of assortment – capabilities that help smarter, quicker selections that may in the end save lives. Moreover, legislation enforcement businesses all over the world will achieve a beneficial forensic functionality as they see growing use of commercially accessible drones for a variety of nefarious functions reminiscent of smuggling contraband throughout borders and into jails, in addition to disrupting air journey, massive gatherings and public infrastructure.
  • The deal is anticipated to shut later this quarter, topic to customary closing circumstances. Phrases of the transaction weren’t disclosed.

Innovation

• Digital Forensics: Cellebrite ended 2025 with roughly 55% of its put in digital forensics license base transformed to Inseyets, which exceeded the Firm’s unique goal of fifty% and additional validates Inseyets’ market and know-how management. Cellebrite has additionally continued to broaden its cell phone entry capabilities throughout Android, Apple iOS and have telephones with anticipated improvements scheduled for basic availability over the following a number of months.
• AI: Cellebrite has continued to extend its funding in AI. The Firm additional broadened its AI analysis and engineering groups to advance the Firm’s machine studying fashions, generative AI options and agentic AI capabilities. Cellebrite additionally continued to construct out its AI layer that leverages an increasing AI agent framework that’s embedded inside its Cellebrite SaaS platform. As well as, Cellebrite lately established an AI Innovation Heart to reinforce the continuing enlargement of its portfolio. A few of Cellebrite’s latest AI-enabled options will likely be embedded in its Guardian Examine resolution, which is designed to assist investigative groups construct stronger case narratives, collaborate seamlessly in a safe, unified workspace, and analyze a broad vary of proof and file sorts from digital forensics information, video, name element data, and open-source intelligence to case data, license plate reader data, ballistics and geolocation information. Guardian Examine is at the moment in restricted launch with basic availability anticipated in early spring 2026.

Go-To-Market

• On February 5, 2026, Cellebrite revealed its 2026 Trade Traits Survey, highlighting data-driven insights into the important thing challenges, shifts and alternatives shaping digital investigations throughout the private and non-private sectors worldwide.

Supplemental monetary data could be discovered on the Investor Relations part of our web site at https://buyers.cellebrite.com/financial-information/quarterly-results.

Monetary Outlook

David Barter, Cellebrite’s CFO, stated, “Our fourth quarter 2025 efficiency underscores the resilience of our mannequin – stable ARR enlargement, sustained subscription momentum particularly with our SaaS and cloud-enabled options, and excellent free money circulate era. Cellebrite strikes into 2026 properly positioned to scale effectively and reaccelerate its ARR development charge. As we proceed to thoughtfully allocate capital to drive sturdy long-term development, we plan to keep up sturdy working profitability and a 30%-plus free money circulate margin in 2026 regardless of the transitory impacts related to an unfavorable FX surroundings.” 

The Firm’s first-quarter and full-year 2026 monetary expectations are as follows:

Convention Name Info
Cellebrite will host a dwell convention name and webcast later this morning to overview the Firm’s fourth-quarter 2025 monetary outcomes and talk about its full-year 2026 outlook. Pertinent particulars embrace:

Along side the convention name and webcast, historic monetary tables and supplemental information will likely be accessible on the quarterly outcomes part of Firm’s investor relations web site at https://buyers.cellebrite.com/financial-information/quarterly-results.

Non-GAAP Monetary Info and Key Efficiency Indicators
This press launch consists of non-GAAP monetary measures. Cellebrite believes that the usage of non-GAAP price of income, non-GAAP gross revenue, non-GAAP working bills, non-GAAP working earnings, non-GAAP internet earnings, non-GAAP EPS and Adjusted EBITDA is useful to buyers. These measures, which the Firm refers to as its non-GAAP monetary measures, should not ready in accordance with GAAP.

The Firm believes that the non-GAAP monetary measures present a extra significant comparability of its operational efficiency from interval to interval, and supply buyers and administration higher visibility into the underlying efficiency of its enterprise:

• Share-based compensation bills make the most of various accessible valuation methodologies, subjective assumptions and quite a lot of fairness devices that may affect an organization’s non-cash bills;
• Acquired intangible property are valued on the time of acquisition and are amortized over an estimated helpful life after the acquisition;
• Acquisition-related bills and govt severance bills relate to the money element of contractual severance as a consequence of our former CEO and CFO, all of that are unrelated to present operations and neither are corresponding to the prior interval nor predictive of future outcomes;
• To the extent that the above changes impact tax (earnings) expense, such an impact is excluded within the non-GAAP adjustment to internet earnings;
• Tax expense, depreciation and amortization expense differ for a lot of causes which are typically unrelated to our underlying efficiency and make period-to-period comparisons tougher; and
• Monetary devices are remeasured in response to GAAP and differ for a lot of causes which are typically unrelated to the Firm’s present operations and have an effect on monetary earnings.

Free money circulate is calculated as internet money supplied by or utilized in working actions much less purchases of property and tools. We imagine that free money circulate is a helpful indicator of liquidity that gives data to administration and buyers about the amount of money supplied by or utilized in our operations that, after the investments in property and tools, can be utilized for strategic initiatives.

Every of our non-GAAP monetary measures is a vital software for monetary and operational choice making and for evaluating our personal working outcomes over completely different intervals of time. The non-GAAP monetary measures don’t signify our monetary efficiency beneath U.S. GAAP and shouldn’t be thought of as options to working earnings or internet earnings or another efficiency measures derived in accordance with GAAP. Non-GAAP measures shouldn’t be thought of in remoted from, or as a substitute for, monetary measures decided in accordance with GAAP. Non-GAAP monetary measures could not present data that’s instantly corresponding to that supplied by different firms in our business, as different firms in our business could calculate non-GAAP monetary outcomes in a different way, notably associated to non-recurring, uncommon gadgets. As well as, there are limitations in utilizing non-GAAP monetary measures as a result of the non-GAAP monetary measures should not ready in accordance with GAAP, and exclude bills that will have a cloth affect on our reported monetary outcomes. Additional, share-based compensation expense has been, and can proceed to be for the foreseeable future, important recurring bills in our enterprise and an essential a part of the compensation supplied to our workers. As well as, the amortization of intangible property is anticipated recurring expense over the estimated helpful lifetime of the underlying intangible asset and acquisition-related bills will likely be incurred to the extent acquisitions are made sooner or later. Moreover, international trade charges could fluctuate from one interval to a different, and the Firm doesn’t estimate actions in foreign exchange.

A reconciliation of every of those non-GAAP monetary measures to their most comparable GAAP measure is ready forth in a desk included on the finish of this press launch, which can also be accessible on our web site at https://buyers.cellebrite.com.

In regard to forward-looking non-GAAP steerage, we aren’t in a position to reconcile the forward-looking Adjusted EBITDA measure to the closest corresponding GAAP measure with out unreasonable efforts as a result of we’re unable to foretell the last word consequence of sure important gadgets together with, however not restricted to, honest worth actions, share-based funds for future awards, tax expense, depreciation and amortization expense, and sure financing and tax gadgets.

This press launch additionally consists of key efficiency indicators, together with annual recurring income and dollar-based retention charge.

Annual recurring income (“ARR”) is outlined because the annualized worth of lively term-based subscription license contracts and upkeep contracts associated to perpetual licenses in impact on the finish of that interval. Subscription license contracts and upkeep contracts for perpetual licenses are annualized by multiplying the income of the final month of the interval by 12. The annualized worth of contracts is a authorized and contractual dedication made by assessing the contractual phrases with our prospects. The annualized worth of upkeep contracts just isn’t decided by reference to historic income, deferred income or another GAAP monetary measure over any interval. ARR just isn’t a forecast of future revenues, which could be impacted by contract begin and finish dates and renewal charges.

Greenback-based internet retention charge (“NRR”) is calculated by dividing buyer recurring income by base income. We outline base income as recurring income we acknowledged from all prospects with a legitimate license on the final quarter of the earlier 12 months interval, through the 4 quarters ended one 12 months previous to the date of measurement. We outline our buyer income because the recurring income we acknowledged through the 4 quarters ended on the date of measurement from the identical buyer base included in our measure of base income, together with recurring income ensuing from extra gross sales to these prospects.

References to Web sites and Social Media Platforms
References to data included on, or accessible via, web sites and social media platforms don’t represent incorporation by reference of the data contained at or accessible via such web sites or social media platforms, and you shouldn’t take into account such data to be a part of this press launch.

Warning Concerning Ahead Wanting Statements
This doc consists of “forward-looking statements” throughout the that means of the “secure harbor” provisions of the USA Personal Securities Litigation Reform Act of 1995. Ahead trying statements could also be recognized by way of phrases reminiscent of “forecast,” “intend,” “search,” “goal,” “anticipate,” “will,” “seem,” “approximate,” “foresee,” “may,” “potential,” “potential,” “imagine,” “may,” “predict,” “ought to,” “may,” “proceed,” “anticipate,” “estimate,” “could,” “plan,” “outlook,” “future” and “challenge” and different comparable expressions that predict, challenge or point out future occasions or traits or that aren’t statements of historic issues. Such forward-looking statements embrace, however should not restricted to, estimated monetary data for the primary quarter of 2026 and for fiscal 12 months 2026 together with these statements with respect to our 2026 outlook reflecting our conviction in accelerated ARR development, quarterly and full-year 2026 income and annual recurring income, profitability, earnings and free money circulate, the anticipated rebound throughout the U.S. Federal phase, the idea that drone information and artifacts may emerge over the approaching years because the second Most worthy information supply behind cell/cell telephones within the pursuit of justice and security, the client advantages related to the acquisition of SCG Canada and the profitable closing of the acquisition later this quarter, in addition to commentary related to future efficiency, methods, prospects, and different elements of Cellebrite’s enterprise are primarily based on present expectations which are topic to dangers and uncertainties. A variety of components may trigger precise outcomes or outcomes to vary materially from these indicated by such forward-looking statements. These components embrace, however should not restricted to: Cellebrite’s capability to maintain tempo with technological advances and evolving business requirements; Cellebrite’s materials dependence on the acquisition, acceptance and use of its options by legislation enforcement and authorities businesses; actual or perceived errors, failures, defects or bugs in Cellebrite’s digital investigation options; Cellebrite’s failure to keep up the productiveness of gross sales and advertising and marketing personnel, together with regarding hiring, integrating and retaining personnel; intense competitors in all of Cellebrite’s markets; the inadvertent or deliberate misuse of Cellebrite’s options; failure to handle its development successfully; Cellebrite’s capability to introduce new options and add-ons; Cellebrite’s dependency on its prospects renewing their subscriptions and buying new subscriptions; the low quantity of enterprise Cellebrite conducts by way of e-commerce; dangers related to the usage of synthetic intelligence; the chance of requiring extra capital to help the expansion of its enterprise; dangers related to Cellebrite’s dependency on third events for supplying elements or providers and with greater prices or unavailability of supplies used to create its {hardware} product elements; prolonged gross sales cycle for a few of Cellebrite’s options; close to time period declines in new or renewed agreements; dangers related to lack of ability to recruit, prepare and retain certified personnel and senior administration; the safety of Cellebrite’s operations and the integrity of its software program options towards cyber-attacks, data know-how system breaches or disruptions; dangers related to the unfavorable publicity associated to Cellebrite’s enterprise and use of its merchandise; dangers associated to Cellebrite’s mental property; the regulatory constraints to which Cellebrite is topic; dangers related to Cellebrite’s operations in Israel, together with the continuing Israel-Hamas struggle, the elevated stress between Israel and Iran and its proxies, together with the continuing hostilities between Israel and Hezbollah, and the chance of a higher regional battle; dangers related to completely different company governance necessities relevant to Israeli firms and dangers related to being a international non-public issuer and an rising development firm; market volatility within the value of Cellebrite’s shares; altering tax legal guidelines and rules; dangers related to joint, ventures, partnerships and strategic initiatives; dangers related to Cellebrite’s important worldwide operations, together with as a consequence of fluctuations in international foreign money trade charges, rising world inflation and publicity to areas topic to political or financial instability; dangers related to Cellebrite’s failure to adjust to anti-corruption, commerce compliance, anti-money-laundering and financial sanctions legal guidelines and rules; dangers regarding the adequacy of Cellebrite’s present methods, processes, insurance policies, procedures, inside controls and personnel for Cellebrite’s present and future operations and reporting wants; and different components, dangers and uncertainties set forth within the part titled “Threat Components” in Cellebrite’s annual report on Kind 20-F filed with the SEC on March 18, 2025, and in different paperwork filed by Cellebrite with the U.S. Securities and Trade Fee (“SEC”), which can be found freed from cost at www.sec.gov. You’re cautioned to not place undue reliance upon any forward-looking statements, which converse solely as of the date made, on this communication or elsewhere. Cellebrite undertakes no obligation to replace its forward-looking statements, whether or not on account of new data, future developments or in any other case, ought to circumstances change, besides as in any other case required by securities and different relevant legal guidelines.

About Cellebrite
Cellebrite’s (Nasdaq: CLBT) mission is to guard communities, nations and companies as a worldwide chief in digital investigative and intelligence options. Greater than 7,000 world legislation enforcement businesses, protection and intelligence organizations and enterprises belief Cellebrite’s AI-powered software program portfolio to make forensically sound digital information extra accessible and actionable. Cellebrite know-how permits prospects to speed up greater than 1.5 million legally sanctioned investigations yearly, improve sovereign safety, elevate operational efficacy and effectivity and allow superior cell analysis and software safety. Out there by way of cloud, on-premises and hybrid deployments, Cellebrite’s know-how allows its prospects across the globe to advance their missions, elevate public security and safeguard information privateness. To be taught extra, go to us at www.cellebrite.com.   

Contacts:

Traders Relations
Andrew Kramer
Vice President, Investor Relations
buyers@cellebrite.com
+1 973.206.7760

Media
Victor Cooper
Sr. Director of Company Communications + Content material Operations
Victor.cooper@cellebrite.com
+1 404.804.5910