Coveo Reports Second Quarter Fiscal 2027 Financial Results
PR Newswire•29/10/2026•16:00 ET
1
Key Highlights
- ➤SaaS subscription revenue $39.1 million, up 9% year over year
- ➤Adjusted EBITDA $2.0 million, versus $0.6 million prior year
- ➤Record new business bookings included two seven-figure annual transactions
- ➤Acquisition of Anglera adds agentic product data enrichment capabilities
- ➤FY2027 SaaS revenue outlook set at $156.0–$158.0 million
Expert Statements
Laurent Simoneau, Co-Founder and CEO of Coveo
“Two seven-figure per year transactions helped us achieve the strongest new business bookings quarter in our history”
Laurent Simoneau, Co-Founder and CEO of Coveo
“The commitment from leading organizations reinforces our strategic relevance in the enterprise AI market.”
Laurent Simoneau, Co-Founder and CEO of Coveo
“Customers trust our platform to turn complex enterprise data into secure, relevant and high-performing AI experiences.”
Laurent Simoneau, Co-Founder and CEO of Coveo
“To build on that momentum, we are excited to welcome Anglera to Coveo, adding agentic product data enrichment to our AI commerce capabilities.”
Louis Têtu, Executive Chairman of Coveo
“People now expect conversational and intelligent experiences with AI”
Louis Têtu, Executive Chairman of Coveo
“Enterprises can turn every intent into a better outcome, help millions of people buy confidently, technicians solve problems faster, help customers self-serve and workers be more effective.”
Louis Têtu, Executive Chairman of Coveo
“Not only does it set the new competitive gold standard; it drives tangible and measurable return on investment for our customers.”
Louis Têtu, Executive Chairman of Coveo
“This is Experience AI, and our ambition is to make Coveo the defining company of this fast-growing category.”
Coveo Reports Second Quarter Fiscal 2027 Financial Results PR Newswire
Record new business bookings driven by ongoing large deal momentum, with two seven-figure per year transactions closed during the quarter
Get started
Create a free account to read the full story.