A2Z Reports Third Quarter 2026 Revenue of $10.9 Million

Gadi Graus, Chief Executive Officer of A2Z Cust2Mate

“We are pleased with our third quarter results, which reflect the positive momentum we are seeing for our product and our effective execution as we significantly ramped up smart cart deployments. Deliveries reached a record 2,000 units in the third quarter, surpassing our total deliveries for the entire first half of the year, and were spread across multiple customers. Additionally, we advanced the development of our retail media business with the strategic acquisition of Hedia, which closed in early October.”

Gadi Graus, Chief Executive Officer of A2Z Cust2Mate

“Importantly, our newest customers have increased their orders after initial deployment, clearly indicating the value of our product once in-store. Following the launch of our next generation Connected In-Store Commerce Platform, we have seen increased demand from existing and potential clients, and as pilot programs evolve into full blown launches, the excitement of shoppers and value to our customers is driving increased order activity and rollouts to additional locations. As we build our installed base, the cadence of our revenue is becoming more predictable, supporting our expectation for continued growth in 2027.”

Gadi Graus, Chief Executive Officer of A2Z Cust2Mate

“In early October, we closed the acquisition of Hedia, a profitable in-store retail media business with approximately $20 million of annual revenue. Hedia brings scale, capabilities and key advertiser relationships to our retail media inventory, smart cart technology, retailer relationships and measurement capabilities. The complementary nature of Hedia's business to AZ's growing retail media inventory will accelerate the growth of our platform and enable us to provide the full retail media value chain to our customers. We view this as a source of high margin revenue as our base of deployed units grows, offering additional avenues to profitably build our business.”

Gadi Graus, Chief Executive Officer of A2Z Cust2Mate

“We continue to pursue relationships with vendors outside of Israel. Additionally, we see international growth potential for A2Z as a U.S. competitor plans to exit what was a non-core business for them in mid-2027. This will give us the opportunity to showcase our next-generation technology and demonstrate the benefits of what we consider to be the most advanced platform available in the market.”

Gadi Graus, Chief Executive Officer of A2Z Cust2Mate

“Accelerating smart cart deployments, supported by our direct manufacturing capabilities and a sharper go-to-market focus following our organizational realignment, give us confidence in the fourth quarter sales step-up implied by our full year 2026 guidance.”

Gadi Graus, Chief Executive Officer of A2Z Cust2Mate

“We expect fourth quarter deliveries to eclipse our total for the first nine months of the year and are reiterating our target of 10,000 cumulative unit deliveries by year end 2026 and 19,000 units by year end 2027. These targets are based on existing backlog, with new orders representing additional potential upside. We also continue to expect at least $25 million of smart cart revenue for the second half of 2026, which excludes any contribution from retail media.”