$SPCB EBITDA is essentially run-rating at 30%+ YoY growth without even accounting/normalizing for recently won programs still ramping, contracts won post-Q1 launching soon + international tailwinds.
Rightsized CapStack Capital@CapstackCapital
$SPCB Q1'26 earnings are out! Revenue: $7.6mm; +8% YoY Gross Profit: $4.8mm (10yr. record); +8% YoY EBITDA: $3.3mm (10+yr. record); +33% YoY Cash of $11.0mm SPCB's Q1'26 EM quarterly U.S. recurring revenue increased 88% due to the expansion. SPCB's ARR is accelerating, reflecting 180%+ growth from May 2025 to May 2026.
English
