XBP Global (XBP) Q2 FY26 earnings call

XBP Global reported a significant step-up in profitability for Q2 FY26, driven by its AI-first transformation and automation efforts, leading to record adjusted gross margins and strong normalized EBITDA growth. Despite a revenue decline due to legacy contract restructuring, the company demonstrated robust commercial momentum with substantial increases in bookings and pipeline quality, positioning it for an expected revenue inflection in the second half of the year.