FRACTAL

What Fractal Analytics promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 9 tracked 0 delivered 1 missed 8 open
  • Revenue Visibility went quiet said Q3 FY26 Promised: 66.6% (two-thirds) visibility entering the year Q1 FY27: The promise pertained to visibility entering FY27. Management did not provide this metric at the start of the year (Q4 FY26 call) and did not retrospectively address it in Q1 FY27. The window to report this has passed.
  • Revenue Growth at risk said Q3 FY26 Promised: 30% year-over-year (historical aspiration) Q1 FY27: YoY revenue growth improved to 20% from 17% in the prior quarter. However, constant currency growth was only 9% and the TMT vertical's decline worsened to -22% YoY, keeping the 30% long-term goal distant.
  • EBITDA and PAT Margins on track said Q3 FY26 Promised: Expanding over the next 1-2 years Q1 FY27: Adjusted EBITDA margin expanded 189 bps YoY to 17.0%, and Net Income margin expanded 296 bps YoY to 7.9%. This continues the trend of YoY margin expansion, keeping the promise on track despite a sequential dip from a strong Q4.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 9 tracked commitments for Fractal Analytics — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens