Riskified Reports Strong Start to 2026 with Accelerated Gross Profit Growth

Raises Revenue and Adjusted EBITDA guidance at the midpointNEW 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 months ended March 31, 2026. The Company will host an investor call to discuss these results today at 8:30 a.m. Eastern Time. “What we are building across products, channels, payment methods, and geographies is showing up where it matters: in pipeline growth, high win rates, and an addressable market that we believe continues to expand. We enter the rest of 2026 with confidence in our ability to sustain and build on our growth trajectory,” said Eido Gal, CEO & Co-Founder of Riskified. Q1 2026 and Recent Business Highlights Further Vertical and Geographic Diversification with the Addition of New Merchants: We continued to have success landing new merchants on the Riskified platform, and deepened our vertical and geographic reach. Five of our top ten new logos won in the first quarter were headquartered outside of the United States, with those five wins spanning three verticals. ACH Momentum: Three of our top ten deals this quarter were in the ACH space, featuring our largest new logo win. We believe that this performance emphasizes our ability to extend our fraud and risk intelligence capabilities beyond traditional card payments and expand our addressable market. Expanded Multi-Product Platform: The number of merchants using more than one product grew approximately 50% year-over-year, reflecting continued platform adoption beyond Chargeback Guarantee. Greater Partner Channel Reach: We launched Dispute Resolve for Shopify merchants and announced our partnership with Radial, extending the platform's reach across new distribution channels. We also partnered with Outpayce from Amadeus which is deepening our go-to-market reach into airlines globally. Advanced AI Capabilities to Address Evolving Ecommerce Risk: We expanded our AI Agent Intelligence platform to help protect merchant-native AI shopping assistants, and we are expanding the use of identity intelligence by enabling direct integration into service workflows, highlighted by our recent partnership with Rue Gilt Groupe. Share Repurchase Program Update: In the first quarter of 2026, we repurchased an aggregate of 6.2 million shares for a total price of $27.5 million, or an average price of $4.44 per share. Launched Ascend 2026 Global Event Series: We recently hosted Ascend 2026 North America, the first stop in our global event series for ecommerce risk management leaders, under the theme “Intelligence in Motion.” The series will bring together merchants, industry experts, and technology leaders across North America, Europe, Australia, China, and Japan to discuss the latest AI advancements and innovation-led strategies for ecommerce fraud prevention, conversion optimization, policy management, and growth. Q1 2026 Financial Summary & Highlights The following table summarizes our consolidated financial results for the three months ended March 31, 2026 and 2025, in thousands except where indicated: Three Months Ended March 31, 2026 2025 (unaudited) Gross merchandise volume ("GMV") in millions(1) $ 37,247 $ 34,171 Increase in GMV year over year 9 % Revenue $ 88,268 $ 82,387 Increase in revenue year over year 7 % GAAP gross profit $ 45,887 $ 40,454 Increase in GAAP gross profit year over year 13 % GAAP gross profit margin 52 % 49 % Net profit (loss) $ (4,427 ) $ (13,886 ) Net profit (loss) margin (5 )% (17 )% Adjusted EBITDA(1) $ 6,187 $ 1,319 Adjusted EBITDA margin(1) 7 % 2 % Additional Financial Highlights GAAP gross profit margin of 52% for the three months ended March 31, 2026 compared to 49% in the prior year. Non-GAAP gross profit margin(1) of 52% for the three months ended March 31, 2026 compared to 50% in the prior year. GAAP net loss per share of $(0.03) for the three months ended March 31, 2026 compared to net loss per share of $(0.09) in the prior year. Non-GAAP diluted net profit per share(1) of $0.05 for the three months ended March 31, 2026 compared to $0.03 in the prior year. Operating cash inflow of $9.5 million for the three months ended March 31, 2026 compared to $3.8 million in the prior year. Free cash inflow(1) of $9.0 million for the three months ended March 31, 2026 compared to $3.6 million in the prior year. Ended March 31, 2026 with approximately $276.3 million of cash, deposits, and investments on the balance sheet and zero debt. "We entered 2026 with operational momentum and demonstrated strong growth toward profitability in the first quarter,” said Aglika Dotcheva, Chief Financial Officer of Riskified. “Adjusted EBITDA expanded to $6.2 million, a 370 percent increase from the prior year, and free cash flow more than doubled, all while we continued to invest in the platform. The financial foundation we have built gives us the flexibility to keep investing where it matters and supports our confidence in continued margin expansion over time.” Financial OutlookRead the full story here

Riskified Reports Strong Start to 2026 with Accelerated Gross Profit Growth

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