FalconStor Software Announces Third Quarter of 2026 Results
Key Highlights
- ➤Total revenue $3.3 million, up 30% year-over-year
- ➤Hybrid Cloud ARR run-rate increased 79% year-over-year
- ➤GAAP net income $0.4 million, versus $0.03 million last year
- ➤Non-GAAP EBITDA $0.5 million, versus $0.1 million last year
- ➤FalconStor launched Habanero and Cloud Clean Room partnership with Fortra
Expert Statements
Todd Brooks, CEO of FalconStor Software
“FalconStor delivered another strong quarter, with total revenue up 30% year-over-year, our fourth consecutive quarter of double-digit growth”
Todd Brooks, CEO of FalconStor Software
“Our Hybrid Cloud ARR run-rate grew 79% year-over-year and continues to outpace any decline in our legacy product line.”
Todd Brooks, CEO of FalconStor Software
“Just as important, our growth is reaching the bottom line.”
Todd Brooks, CEO of FalconStor Software
“Revenue grew $744,000 year-over-year while operating expenses grew $206,000, taking operating income from breakeven to $439,000 and net income from $30,245 to $381,926.”
Todd Brooks, CEO of FalconStor Software
“For the first nine months of 2026, net income was $1.18 million, compared to a net loss of $435,890 in the same period last year.”
Todd Brooks, CEO of FalconStor Software
“Continuity Care delivers that proof, with immutable offsite copies, quarterly recovery tests in an isolated clean room on IBM PowerVS, and audit-ready documentation for regulators and cyber insurers, all managed by Fortra’s team.”
Todd Brooks, CEO of FalconStor Software
“Continuity Care lets them harden the cyber resilience of those systems without having to procure dedicated recovery hardware at a time when AI infrastructure demand has made servers and storage scarce and expensive.”
Todd Brooks, CEO of FalconStor Software
“Delivered through Fortra’s more than 7,000 direct IBM Power relationships, it gives FalconStor a meaningful new route to market.”
Todd Brooks, CEO of FalconStor Software
“We remain focused on converting this momentum into sustained, profitable growth for our customers, partners, and shareholders.”
Vincent Sita, CFO of FalconStor Software
“Our third quarter results reflect continued progress in driving profitable growth.”
Vincent Sita, CFO of FalconStor Software
“We remain focused on maintaining financial discipline and supporting our long-term strategic objectives.”
Launched new Habanero and Cloud Clean Room partnership with Fortra
FalconStor Software, Inc. (OTCMarkets.com: FALC), a trusted data protection leader modernizing data protection and intelligence for the hybrid cloud world, today announced financial results for its third quarter of 2026, which ended on September 30, 2026.
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