Xbp Global Holdings, Inc. · NASDAQ:XBP
Xbp Global — Q2 2026 Earnings Presentation
22 slides from Xbp Global's earnings presentation, Aug 1, 2026
Slide 1: Second Quarter 2026 Financial Results
Second Quarter 2026 Financial Results Andrej Jonovic, Chief Executive Officer Dejan Avramovic, Chief Financial Officer ©XBP GLOBAL 2026 PROPRIETARY & CONFIDENTIAL 1
Slide 2: Safe Harbor Statements
Safe Harbor Statements About Pro Forma Financial Information This presentation includes certain pro forma financial information, which is presented for informational purposes only and is not prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). Pro forma results are pres
Slide 3: A Global Presence With a Local Focus
A Global Presence With a Local Focus 30+ 2,000+ 60+ Years long journey Global clients across Percent of the Fortune® from automation to industries and 100 served over time agentic automation public and private sectors ~9K 20 Employees Countries with Physical Presence ©XBP GLOBAL2026 ©XBP GLOBAL 2026
Slide 4: Q2 2026 Executive Summary - Accelerated AI Transformation & Margin Expansion
Q2 2026 Executive Summary - Accelerated AI Transformation & Margin Expansion Delivering expansion across pipeline, Gross Margin and EBITDA AI Efficiency Target Bookings & Pipeline Profitability Step-Up Momentum $65M - $75M New TCV Bookings +70.8% QoQ Adjusted Gross Margin 24.9% +140bps QoQ (Increased
Slide 5: Scaling Agentic AI with Institutional Accountability
Scaling Agentic AI with Institutional Accountability Combining regulatory-grade precision with a unified execution layer to drive margin growth Regulatory Compliance Depth and Data Sovereignty Operationalizing Agentic AI at Scale from Decades of Knowledge Mission-Critical Compliance: The Last Mile of
Slide 6: AI Pipeline Strategy
AI Pipeline Strategy Transforming BPaaS: From Rules-Based Exceptions to Intelligent Automation HOW IT WORKS 1 2 3 4 5 Domain Input Komodo Rules AI Pipeline Auto-Resolved HITL / BPaaS Client workflows, Patented rule engine Tuned LLMs with 40-60% today SMEs refine & resolve SOPs & exceptions → Mermaid c
Slide 7: Improving Revenue Momentum and Pipeline Quality
Improving Revenue Momentum and Pipeline Quality Transitioning from Legacy Restructuring to High-Margin, AI-First Growth Bookings & Backlog Visibility Pipeline Velocity & Quality Transforming Legacy BPaaS Lead Generation TCV Bookings Growth: Closed Total Pipeline Stability: Our From Rules to Inferenc
Slide 8: Financial & Operating Results
Financial & Operating Results ©XBP ©XBP GLOBAL GLOBAL 20262026 8
Slide 9: 2Q 2026 Highlights
2Q 2026 Highlights1 Revenue Normalized EBITDA2 Total TCV Bookings $191.3M $21.9M $121.3M (14.0%) YoY +8.4% YoY +51.6% YoY Adjusted Gross Margin2 Normalized EBITDA Margin2 New ACV Bookings 24.9% 11.5% $36.0M +290 bps YoY +240 bps YoY +57.0% YoY 1. Unless otherwise noted, financial results are presente
Slide 10: Segment Results
Segment Results Q2 2026 ($ in Millions) Applied Workflow Automation: · Revenue decline of 16.7% YoY and 6.5% QoQ, driven by lower volumes and one-time projects, as well as restructuring related customer exits · Adjusted gross margin of 19.2%, +120 bps YoY and -130 bps QoQ Technology: · Revenue increa
Slide 11: Quarterly Financial Performance
Quarterly Financial Performance Pro Forma Revenue and Gross Margin Pro Forma Normalized EBITDA1 (Revenue in $ Millions) (in $ Millions) 1. Normalized EBITDA is a Non-GAAP financial metric. Please reference non-GAAP reconciliations for applicable reconciliations to GAAP measures ©XBP GLOBAL 2026 PROPR
Slide 12: Operational Efficiency Through Agentic AI Structural Transformation
Operational Efficiency Through Agentic AI Structural Transformation ~20% $65M-$75M Workforce Reduction Targeted Annualized Operational By End of 2026 (vs. Year-End 2025) Efficiencies AI-Driven Productivity Continued AI adoption is not just an incremental gain; it is a structural shift. We expect to re
Slide 13: Automation Trends led by Expanding AI Enablement
Automation Trends led by Expanding AI Enablement Driving Superior Labor Efficiency Through Automation Headcount Trends Revenue per Employee Set to Lead Peers We are estimating a ~20% reduction in global headcount by the end Revenue per employee projected to approach ~$100k by the end of the of 2026,
Slide 14: Client Metrics - Q2 2026
Client Metrics - Q2 2026 Low concentration of clients across industries and a balanced distribution with top 50 clients accounting for 58% of revenue (in $ Millions) Number of Active Clients 2,209 Regions Americas Europe Others $159.9M $30.5M $0.8M Top 3 Top 5 Top 10 Top 20 Top 50 18% 25% 34% 43% 58
Slide 15: Sales Metrics
Sales Metrics Increasing sales momentum expected to drive future revenue performance TCV Signings New ACV Signings by Industry (in $ Millions) (in $ Millions) Please see the Glossary in the Appendix for definitions of key terms ©XBP GLOBAL 2026 15
Slide 16: Pipeline & New Signing Stats
Pipeline & New Signing Stats Total Sales Pipeline (TCV) Number of New Logos Added by Period (in $ Millions) Please see the Glossary in the Appendix for definitions of key terms ©XBP GLOBAL 2026 16
Slide 17: Q&A
Q&A ©XBP GLOBAL2026 ©XBP GLOBAL 2026 PROPRIETARY & CONFIDENTIAL 17
Slide 18: Appendix
APPENDIX ©XBP GLOBAL 2026 PROPRIETARY & CONFIDENTIAL 18
Slide 19: Glossary
Glossary - ACV: Annual Contract Value, which annualizes the TCV over the contract duration - Agentic AI: A next-generation enterprise AI platform using modular, cloud-native solutions and human-in-the-loop processes for intelligent automation - BPaaS: Business Process as a Service - BFSI: Banking, F
Slide 20: Reconciliation of Net Income to Pro Forma Normalized EBITDA
Reconciliation of Net Income to Pro Forma Normalized EBITDA (Unaudited) ©XBP GLOBAL 2026 PROPRIETARY & CONFIDENTIAL 20
Slide 21: Reconciliation of Revenue and Gross Profit to Combined Pro Forma
Reconciliation of Revenue and Gross Profit As Reported to Combined Pro Forma Revenue and Adjusted Gross Profit (Unaudited) ©XBP GLOBAL 2026 PROPRIETARY & CONFIDENTIAL 21
Slide 22: Footnotes to Non-GAAP Reconciliation
Footnotes to Non-GAAP Reconciliation 1) Represents the annualized run-rate cost savings from optimization and restructuring initiatives implemented during the period. These adjustments reflect the impact as if such cost savings had been realized for the entire period presented. 2) Represents one-time