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Video Piracy Is Becoming a Growing Concern for Online Education Across Europe & UK, Says VdoCipher

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VdoCipher, a secure video hosting and piracy protection provider, reports rising demand from EdTech businesses across Europe and UK as premium course content becomes a growing piracy target

LONDON, Aug. 13, 2026 /PRNewswire/ — As online learning expands across Europe and the UK, education providers are placing greater emphasis on protecting premium video content from piracy. With universities, professional training providers, coaching platforms, and independent educators moving courses online, secure video infrastructure has become core to the digital learning ecosystem.

Europe and the UK’s e-learning markets are expected to continue growing, supported by high internet penetration, smartphone adoption, digital learning initiatives, and demand for flexible, on-demand education. Unauthorized downloads, screen recording, password sharing, and illegal redistribution have become growing concerns, prompting EdTech businesses to invest in stronger video security.

Rising Demand for Secure Video Hosting

VdoCipher, a secure video hosting platform is seeing increased interest from EdTech businesses looking to strengthen video security. Its platform combines Google Widevine DRM and Apple FairPlay DRM with dynamic watermarking, secure authentication, domain and geo restrictions, and device-level access controls to keep educational videos accessible only to authorized learners.

“The success of an online course depends not only on the quality of its content but also on the ability to protect that content,” said Siddhant Jain, Founder, VdoCipher. “As digital education continues to grow across Europe and the UK, we are seeing more organizations treat video security as a business priority rather than simply a technical requirement.”

Piracy Detection at Scale

Beyond DRM, VdoCipher’s Piracy Detection Engine helps platforms spot suspicious viewing behavior, detect potential leaks, and act before unauthorized distribution spreads across piracy sites or private messaging groups.

Case in Point

A finance education platform with 45,000+ learners turned to VdoCipher after its premium trading lessons were pirated and distributed online. With DRM, watermarking, and viewer tracking, it grew to 9,200+ subscribers and 320+ corporate clients.

By the Numbers

7,000+ websites and apps secured across 120+ countries4,000+ businesses and 15,000+ educators supported400,000+ piracy attempts blocked in 12 months

VdoCipher serves education, media, enterprise training, and entertainment organizations, and continues expanding across Europe and the UK through partnerships with digital learning and video platforms.

About VdoCipher

VdoCipher is a secure video hosting and live streaming platform that helps businesses protect premium video content from piracy. Visit www.vdocipher.com

 

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Benzinga Launches Private Markets Newsfeed API for Pre-IPO Coverage

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Private Markets Newsfeed API delivers structured coverage of private company transactions, funding rounds, and pre-IPO activity for brokerages, VCs, and institutional platforms

DETROIT, Aug. 13, 2026 /PRNewswire/ — Benzinga, a leading provider of real-time financial news and market intelligence, today announced the launch of its Private Markets Newsfeed API.

The new feed covers private company activity that used to be hard to track: funding rounds, secondary transactions, and the moves companies make on their way toward an IPO.

Private markets used to be the domain of institutions and insiders. That’s changing fast. Retail brokerages are pushing past public equities, and their users want a window into private companies, pre-IPO activity, and other alternative assets.

To meet that shift, Benzinga built the Private Markets Newsfeed API. It takes private market data and signals and turns them into clear, written stories. Coverage includes private company transactions and secondary market activity, venture capital and growth-stage funding rounds, and corporate developments at companies still off the public markets.

As a result, clients don’t have to collect or clean up raw private market data on their own. Benzinga does that work and hands over content that’s ready to publish.

The feed runs on a REST API, so the content drops straight into platforms, alerts, and internal tools. Brokerages, for instance, can use it to extend their coverage beyond public stocks. Similarly, private equity and venture capital teams can track deal flow for sourcing and diligence, while analysts and quant teams can use it to watch pre-IPO companies for competitive research.

The upside, ultimately, is speed and visibility. Instead of building out private market data infrastructure in-house, clients get earlier insight into private companies and capital activity, delivered alongside the public market data they’re already using.

“Private markets have always been hard to follow if you’re not an insider,” said Tommy Cotter, Head of Data Products at Benzinga APIs. “This feed gives brokerages, investors, and research teams a clear view into that activity, right next to the public market data they already trust.”

Overall, the launch comes as brokerages, private equity firms, and institutional platforms look for private markets data that’s ready to use from day one.

About Benzinga

Benzinga is a leading financial media and data technology company that empowers investors with high-quality, real-time market intelligence. Through its news platform, APIs, and data products, Benzinga provides traders, financial institutions, and fintech platforms with the insights they need to make smarter investment decisions. From breaking news and analyst ratings to corporate events and alternative datasets, Benzinga’s tools help market participants stay ahead of the information that drives price movement.

To learn more, visit www.benzinga.com/apis.

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Keeper Security Issues Cybersecurity Guidance for Education IT Teams As Students Return to Campus

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AI-powered phishing attacks, deepfake impersonations and a surge of unmanaged machine identities are turning the back-to-school rush into a security blind spot

CHICAGO, Aug. 13, 2026 /PRNewswire/ — Every fall, school districts and universities across the country race to onboard thousands of new students, faculty and staff, provisioning accounts, issuing credentials and connecting a wave of new devices to institutional networks. It is a moment of organized chaos, and cybercriminals know it. Now, with artificial intelligence supercharging phishing campaigns and a hidden layer of unmanaged machine identities quietly expanding the attack surface, Keeper Security, the leading provider of zero-trust and zero-knowledge identity security and Privileged Access Management (PAM), is providing guidance to education IT teams this back-to-school season. Keeper is sharing the top threats facing K-12 districts and higher education institutions this fall and the steps IT teams can take to protect their students and faculty before the semester begins.

The Threat Window Is Growing

The education sector is one of the highest targeted industries for ransomware, credential theft and data breaches. Schools and universities present an appealing combination of high-value data, including student records, financial information and research, alongside chronically underfunded IT departments and an enormous, ever-rotating user base.

Back-to-school season intensifies every one of these vulnerabilities. Bulk account creation, mass device enrollment and a surge of third-party application onboarding all happen simultaneously, creating a window of misconfiguration and exposure that attackers are primed to exploit. However, Keeper research finds only 14% of schools mandate security awareness training, and that lack of education shows, with nearly one in five students and parents reporting they reuse the same passwords across both personal and school accounts.

AI has made cybersecurity threats significantly more dangerous. Phishing emails can now precisely mimic communications from financial aid offices, IT helpdesks or university leadership, with none of the red flags that once made them easy to spot. Deepfake voice and video attacks are putting convincing faces and voices behind those messages, making it harder for staff to trust what they see and hear. Keeper research found 52% of education leaders identify deepfake impersonation as a top concern, yet only 26% feel confident in their ability to recognize AI-enabled threats. And the barrier to entry for attackers has dropped dramatically: tools that once required real sophistication are now widely available, meaning credential attacks that previously targeted only the largest institutions can now be aimed at any school district or campus. Forty-one percent of institutions report that they have been targeted by AI-generated phishing attempts or misinformation campaigns.

The Hidden Attack Surface: Non-Human Identities in EdTech

While IT teams focus on securing human accounts, a far larger and largely invisible population of digital identities is growing unchecked across education environments: Non-Human Identities (NHIs). In a modern school district or university, NHIs are widespread and almost entirely unmanaged:

Service accounts synchronize student rosters and course enrollments between Student Information Systems like PowerSchool or Banner, and Learning Management Systems like Canvas, Blackboard or Google Classroom. Their credentials are rarely rotated, often shared and almost never audited.API keys and integration tokens connect third-party learning applications, digital textbooks, library databases and payment gateways to central institutional databases. Orphaned tokens from prior-year integrations frequently remain active.Machine identities and digital certificates authenticate campus-wide Wi-Fi connections, interactive smart boards, lab equipment, 3D printers and security cameras. Expired or misconfigured certificates create silent gaps in network security.Cloud-managed identities and workloads on platforms like Azure, AWS and Google Cloud manage automated data backups, research data pipelines and administrative reporting, often with far broader permissions than their tasks require.AI agents and automated bots powering admissions chatbots, helpdesk scripts and grading assistants each carry their own identity and access rights, and are among the fastest-growing and least-governed NHIs in education today.

In most institutions, NHIs outnumber human users by a wide margin, yet few schools maintain an inventory of them. This causes the attack surface to explode, as each NHI represents a potential entry point for attackers.

“The conversation about education cybersecurity has historically focused on human accounts: students, teachers and administrators,” said Darren Guccione, CEO and Co-founder of Keeper Security. “But the real blind spot is the vast ecosystem of machine identities that power modern EdTech. Back-to-school is the right moment for education IT teams to take stock of every identity on their network, human and non-human alike.”

How Education IT Teams Can Reduce Their Risk

For most institutions, the fundamentals are manageable: enforcing MFA, auditing privileged access and removing stale credentials before new users arrive. The harder challenge is building visibility and governance over the NHIs that power modern EdTech: service accounts, API tokens, machine certificates and AI agents that multiply with every new integration. Keeper recommends education IT teams take the following steps before the semester begins:

Enforce MFA across all faculty, staff and student accounts before new users are onboarded. It remains the single most effective control against credential-based attacks.Deploy an enterprise password manager institution-wide to eliminate weak, reused and shared passwords. Ensure all privileged accounts are covered.Audit privileged access, both human and non-human, before the semester starts. Remove access for departed employees, expired service accounts and applications no longer in use.Build a non-human identity inventory. Catalog every service account, API key, machine certificate, cloud identity and AI agent in your environment. You cannot secure what you cannot see.Establish credential rotation policies for machine identities, with particular attention to AI agents and third-party EdTech integrations added for the new school year. Automate rotation wherever possible.Update phishing awareness training to reflect the reality that AI-generated messages may now be indistinguishable from legitimate institutional communications.

Keeper’s zero-trust, zero-knowledge platform is purpose-built for these challenges, enabling institutions to discover, govern and automatically rotate credentials tied to human users and NHIs, including the AI agents and automated bots proliferating across EdTech environments. KeeperPAM also delivers the privileged access controls, session recording and audit trails institutions need to meet Family Educational Rights and Privacy Act (FERPA) and Children’s Internet Protection Act (CIPA) requirements, and to ensure every identity on the network, human or non-human, is accounted for.

For more information on how Keeper protects education institutions, visit keepersecurity.com.

About Keeper Security
Keeper Security is the leading zero-trust and zero-knowledge identity security solution, trusted by millions of people and thousands of organizations globally. KeeperPAM® is Keeper’s privileged access management platform that unifies password and passkey management, secrets management, privileged session management and endpoint privilege management in a single cloud-native platform, protected with quantum-resistant encryption. KeeperAI delivers real-time, AI-native threat detection across every privileged session. As AI agents proliferate and identity becomes the defining attack surface, Keeper governs access for humans, machines, non-human identities and AI agents, serving as the unified control plane for access, compliance and visibility across the enterprise. For more information, visit keepersecurity.com.

Learn more: KeeperSecurity.com
Follow Keeper: Facebook Instagram LinkedIn X YouTube TikTok

Media Contact 
Christian Morley
ICR for Keeper Security
KeeperSecurity@icrinc.com 

 

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Cellebrite Appoints Shiven Ramji Chief Executive Officer, Succeeding Thomas E. Hogan

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Company Reports Second-Quarter 2026 Results; Company Lowers Full-Year 2026 ARR and Revenue Outlook and Raises Adjusted EBITDA Target

TYSONS CORNER, Va. and PETAH TIKVA, Israel, Aug. 13, 2026 /PRNewswire/ — Cellebrite DI Ltd. (NASDAQ: CLBT), a global leader in AI-powered Digital Investigative and Intelligence solutions for the public and private sectors, today announced that Shiven Ramji, who joined Cellebrite as President, Products and Technology in May 2026, has succeeded Thomas E. Hogan as the Company’s CEO as part of a planned transition, effective immediately. In addition, Ramji will be appointed to the Company’s Board of Directors. Hogan joined Cellebrite as Executive Chairman in August 2023, became interim CEO in January 2025 and was subsequently appointed CEO in August 2025.

Adam Clammer, Chairman of Cellebrite’s Board of Directors, stated, “We are deeply grateful to Tom for his extensive contributions to Cellebrite’s success over the last three years. One of Tom’s most important contributions was building a world-class team. Shiv’s succession is the clearest proof of his success in this endeavor. With a product-first approach and a successful track record of building and growing businesses, Shiv is the right CEO for our next chapter. The Board has every confidence in Shiv and the management team.”

Thomas E. Hogan commented, “It has been a privilege to lead Cellebrite – a company that truly makes the world a safer place. Over the past three years, we have navigated significant change while elevating our value proposition by broadening our solutions through a combination of organic innovation and M&A. With that foundation in place, Cellebrite’s next chapter requires a world-class product and technology executive, and Shiv is exactly that leader. Given the long-term opportunity in front of Cellebrite, I have full confidence that Shiv and this team will build on our progress to address the expanding needs of our customers around the world. I want to thank Cellebrite’s employees for their dedication, and our customers and shareholders for their trust. Cellebrite’s future is very bright.”

Shiv Ramji, Cellebrite’s CEO, stated, “I am honored to lead Cellebrite at an important moment for the Company. Over my first three months, I have spent significant time with our customers, employees and leaders across the business, and I have come away with strong conviction in both the opportunity ahead and the work required to realize it. Our mission has never been more relevant: helping customers accelerate investigations, uncover trusted intelligence, deliver justice and protect communities.”

Cellebrite Reports Second-Quarter 2026 Results
Cellebrite also announced today its financial results for the three and six months ending June 30, 2026.

Second-Quarter 2026 Financial Highlights

Total Annual Recurring Revenue (ARR) of $507.8 million, up 21% year-over-yearRecurring revenue dollar-based net retention rate of 117%, up 2 pts. over Q1Revenue of $131.1 million, up 16% year-over-yearSubscription revenue was $119.5 million, a year-over-year increase of 16%GAAP gross profit and gross margin of $105.9 million and 80.8%, respectively; Non-GAAP gross profit and gross profit margin of $112.1 million and 85.5%, respectivelyGAAP net income of $6.4 million; Non-GAAP net income of $29.7 millionGAAP diluted earnings per share of $0.02; Non-GAAP diluted earnings per share of $0.11Adjusted EBITDA and Adjusted EBITDA margin of $31.8 million and 24.2%, respectivelyFree cash flow for the trailing twelve months of $144.2 million, or 28.0% on a margin

“We delivered healthy second-quarter growth in Asia-Pacific, EMEA and U.S. Federal,” stated Ramji. “However, ARR came in below our expectations. We saw longer sales cycles and less expansion from Inseyets conversions than anticipated. We are taking action to improve execution going forward.”

Ramji continued, “We are making tangible progress with our newer products, which further supports our confidence in the long-term opportunity. At the same time, we are taking a more measured view of that contribution in the near term, given elongated sales cycles and the timing of additional new product introductions anticipated for later this year.”

Ramji concluded, “Given these dynamics, in combination with the pace and magnitude of Inseyets expansions, we have lowered our FY26 ARR and revenue outlook. We believe resetting expectations now is the responsible approach and provides a more appropriate foundation from which to execute. At the same time, continued operating discipline has enabled us to raise our FY26 adjusted EBITDA target.”

Recent Business Highlights

Innovation

Genesis Momentum: Cellebrite Genesis, the Company’s purpose-built agentic AI solution, has continued to build momentum since its official launch on June 10th. Cellebrite achieved early monetization for Genesis in the second quarter. Since the start of the third quarter, the Company has continued to make further progress with Genesis adoption and related product enhancements.New Product Adoption: In addition to Genesis, Cellebrite has continued to see customer adoption build for new offerings introduced since the start of this year, namely its Guardian Investigate, CFID for drone forensics and Advanced Unlocks.Signature FedRAMP Win: Cellebrite also recently signed its first significant FedRAMP deal for Guardian, its SaaS-based evidence management solution delivered through the Cellebrite Government Cloud (CGC). In May 2026, Cellebrite announced that its Cellebrite Government Cloud (CGC) platform achieved FedRAMP® High Authorization, the federal government’s highly stringent cloud security standard, with the U.S. Department of Justice (DOJ) serving as the authorizing agency.

Go-To-Market

Drone Partnership: Last month, Cellebrite announced an expanded partnership with SkySafe, the leader in drone detection and airspace intelligence. The exclusive partnership combines advanced digital forensics with advanced drone detection, deep analysis and drone activity, equipping organizations and agencies with the intelligence needed to proactively detect, analyze and act on potential threats in real-time at scale. High-Impact Customer Events: Following a highly successful, second annual user conference in April 2026, Cellebrite hosted a 2-day C2C UK event on June 16th and 17th. The Company plans to host a range of regional C2C Live events, featuring sessions designed to support learning, collaboration and best practices, for customers in U.S., Europe and Asia-Pacific during the second half of 2026.

Supplemental financial information can be found on the Investor Relations section of our website at https://investors.cellebrite.com/financial-information/quarterly-results

Financial Outlook
David Barter, Cellebrite’s CFO, said, “Although we didn’t deliver against our second-quarter 2026 ARR target, we have continued to make tangible progress in executing Cellebrite’s product strategy, with newer products contributing more meaningfully to net new ARR than a year ago, and we expect that momentum to continue into the second half of the year. While we’ve lowered our full-year ARR expectations, along with the resulting impact on our revenue target, we have raised this year’s original adjusted EBITDA target and anticipate delivering a stronger second-half free cash flow performance even as we continue funding the investments critical to driving durable, long-term growth.”

The Company’s third-quarter and full-year 2026 financial expectations are as follows:

Third-Quarter 2026 Expectations

Full-Year 2026 Expectations

(as of 08/13/26)

(as of 08/13/26)

ARR

$524M – $528M

$550M – $560M

Annual Growth

19% – 20%

14% – 16%

Revenue

$145M – $148M

$555M – $561M

Annual Growth

15% – 17%

17% – 18%

Adjusted EBITDA

$42M – $45M

$153M – $159M

Adjusted EBITDA margin

29% – 30%

~28%

Conference Call Information
Cellebrite will host a live conference call and webcast later today to review the Company’s second-quarter 2026 financial results and discuss its full-year 2026 outlook. Pertinent details include:

Date:

Thursday, August 13, 2026

Time:

8:30 a.m. ET

Call-In Number:

785-838-9251 / 833-309-3473

Conference ID:

CLBTQ226

Event URL:

https://investors.cellebrite.com/events/event-details/cellebrite-q2-2026-financial-results-conference-call-webcast 

Webcast URL:

https://edge.media-server.com/mmc/p/nsqdfdmm 

In conjunction with the conference call and webcast, historical financial tables and supplemental data will be available on the quarterly results section of Company’s investor relations website at https://investors.cellebrite.com/financial-information/quarterly-results.

Non-GAAP Financial Information and Key Performance Indicators
This press release includes non-GAAP financial measures. Cellebrite believes that the use of non-GAAP cost of revenue, non-GAAP gross profit, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP EPS and adjusted EBITDA is helpful to investors. These measures, which the Company refers to as its non-GAAP financial measures, are not prepared in accordance with GAAP.

The Company believes that the non-GAAP financial measures provide a more meaningful comparison of its operational performance from period to period, and offer investors and management greater visibility into the underlying performance of its business:

Share-based compensation expenses utilize varying available valuation methodologies, subjective assumptions and a variety of equity instruments that can impact a company’s non-cash expenses;Acquired intangible assets are valued at the time of acquisition and are amortized over an estimated useful life after the acquisition;Acquisition-related expenses and executive severance expenses relate to the cash component of contractual severance due to our former CFO, all of which are unrelated to current operations and neither are comparable to the prior period nor predictive of future results;To the extent that the above adjustments have an effect on tax (income) expense, such an effect is excluded in the non-GAAP adjustment to net income;Tax expense, depreciation and amortization expense vary for many reasons that are often unrelated to our underlying performance and make period-to-period comparisons more challenging; andFinancial instruments are remeasured according to GAAP and vary for many reasons that are often unrelated to the Company’s current operations and affect financial income.

Free cash flow is calculated as net cash provided by or used in operating activities less purchases of property and equipment and the capitalization of software development costs (collectively referred to as capital expenditures). We believe that free cash flow is a useful indicator of liquidity that provides information to management and investors about the amount of cash provided by or used in our operations that, after the investments in property and equipment, can be used for strategic initiatives.

Each of our non-GAAP financial measures is an important tool for financial and operational decision making and for evaluating our own operating results over different periods of time. The non-GAAP financial measures do not represent our financial performance under U.S. GAAP and should not be considered as alternatives to operating income or net income or any other performance measures derived in accordance with GAAP. Non-GAAP measures should not be considered in isolated from, or as an alternative to, financial measures determined in accordance with GAAP. Non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in our industry, as other companies in our industry may calculate non-GAAP financial results differently, particularly related to non-recurring, unusual items. In addition, there are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with GAAP, and exclude expenses that may have a material impact on our reported financial results. Further, share-based compensation expense has been, and will continue to be for the foreseeable future, significant recurring expenses in our business and an important part of the compensation provided to our employees. In addition, the amortization of intangible assets is expected to be a recurring expense over the estimated useful life of the underlying intangible asset and acquisition-related expenses will be incurred to the extent acquisitions are made in the future. Furthermore, foreign exchange rates may fluctuate from one period to another, and the Company does not estimate movements in foreign currencies.

A reconciliation of each of these non-GAAP financial measures to their most comparable GAAP measure is set forth in a table included at the end of this press release, which is also available on our website at https://investors.cellebrite.com

In regard to forward-looking non-GAAP guidance, we are not able to reconcile the forward-looking adjusted EBITDA measure to the closest corresponding GAAP measure without unreasonable efforts because we are unable to predict the ultimate outcome of certain significant items including, but not limited to, fair value movements, share-based payments for future awards, tax expense, depreciation and amortization expense, and certain financing and tax items.

This press release also includes key performance indicators, including annual recurring revenue and dollar-based retention rate.

Annual recurring revenue (“ARR”) is defined as the value of subscription-based customer agreements encompassing term-based on-premise software and cloud-based software, including those offerings delivered under a recurring consumption-based model, that are in effect at the end of the reporting period. For subscription-based agreements, ARR is calculated as the total contract value of the agreement divided by the length of the agreement, measured as of the end of the period and assuming no increases or reductions to the customer’s subscription. For consumption-based cloud software subscriptions, ARR is calculated as the total contract value of the subscription divided by the length of the agreement, assuming no increases or reductions in the customer’s usage rate. For new agreements with a term of less than 12 months, ARR is calculated as the total contract value of the agreement, without annualization. The annualized value of contracts is a legal and contractual determination made by assessing the contractual terms with our customers, including contracts for which we are actively negotiating a subscription renewal, which continue to be included in ARR until the customer notifies the Company that it does not intend to renew. ARR is not a forecast of future subscription revenue, which can be impacted by contract start and end dates and renewal rates.

Dollar-based net retention rate (“NRR”) is calculated by dividing the customer’s ARR by the base ARR. We define base ARR as recurring revenue we recognized from all customers with a valid license at the last quarter of the previous year period, during the four quarters ended one year prior to the date of measurement. We define our customer’s ARR as the recurring revenue we recognized during the four quarters ended on the date of measurement from the same customer base included in our measure of base ARR, including recurring revenue resulting from additional sales to those customers.

References to Websites and Social Media Platforms
References to information included on, or accessible through, websites and social media platforms do not constitute incorporation by reference of the information contained at or available through such websites or social media platforms, and you should not consider such information to be part of this press release.

Caution Regarding Forward Looking Statements
This document includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “will,” “appear,” “approximate,” “foresee,” “might,” “possible,” “potential,” “believe,” “could,” “predict,” “should,” “could,” “continue,” “expect,” “estimate,” “may,” “plan,” “outlook,” “future” and “project” and other similar expressions that predict, project or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include, but are not limited to, estimated financial information for the third quarter of 2026 and for fiscal year 2026 including those statements with respect to our FY26 revenue, revenue and adjusted EBITDA outlook; the expectation for a stronger second-half free cash flow performance even as we continue funding the investments critical to driving durable, long-term growth; and the near-term contribution from new products given elongated sales cycles and the timing of additional new product introductions anticipated for later this year; as well as commentary associated with future performance, strategies, prospects, and other aspects of Cellebrite’s business are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to: Cellebrite’s ability to keep pace with technological advances and challenges and evolving industry standards with respect to software, artificial intelligence, or device access, to adapt to changing market potential within our markets and to successfully launch new solutions and add-ons that meet or exceed customer needs; our material dependence on the acceptance of our solutions by domestic and international law enforcement, public safety, defense and intelligence agencies; real or perceived errors, failures, defects or bugs in our solutions; licensing of technology from third parties, including our dependence on maintaining those licenses or seeking alternative solutions; failure to maintain the productivity of sales and marketing personnel, including relating to hiring, integrating and retaining personnel; intense competition in all of our markets, including risks associated with pricing pressures from and loss of market share to competitors with greater resources than we have and increasing competition as a result of consolidation in the industry; the misuse of our solutions by our customers which may achieve suboptimal results or be perceived as incompatible with human rights; our ability to properly manage our growth as a business, and execute new offerings, developments and strategic opportunities, including joint ventures, partnerships and acquisitions; our dependence on our customers to renew their subscriptions and purchase additional subscriptions or services from us; conducting a low volume of our business via e-commerce; the use of artificial intelligence in our digital investigation platform; the availability of financing sources on reasonable terms or at all; our reliance on third-party suppliers for certain components, products or services, including risks relating to the availability of raw materials or components; challenges associated with large transactions, including with respect to longer sales cycles, as well as with developing, offering, implementing, and maintaining new solutions; risk of security vulnerabilities or defects, including cyber-attacks, information technology system breaches, failures or disruptions which are critical to our operations and maintaining the trust and confidence of our customers; risks associated with political, geo-political and reputational factors related to our business or operations, including Cellebrite operations in Israel and/or negative publicity, including with respect to the nature of our solutions; risks associated with our ability to obtain CFIUS approval for the acquisition of Corellium and with our ongoing compliance with national security agreements entered into with the U.S. government; risks that our intellectual property rights may not be adequate to protect our business or assets or that others may make claims on our intellectual property, claim infringement on their intellectual property rights, or claim a violation of their license rights, including relative to free or open-source-software components we may use risks relating to the regulatory constraints to which we are subject, including Israeli export laws, our compliance with such laws and related export licenses issued from the government of Israel; risks associated with different corporate governance requirements applicable to Israeli companies and risks associated with being a foreign private issuer; risks associated with our significant international operations, including due to our Israeli operations, fluctuations in foreign exchange rates, rising global inflation, and exposure to regions subject to political or economic instability, including the State of Israel; uncertainties regarding the impact of changes in macroeconomic and/or global conditions, including as a result of slowdowns, recessions, economic instability, political unrest, or outbreaks of disease, as well as the resulting impact on information technology spending and government budgets, on our business and other factors, risks and uncertainties set forth in the section titled “Risk Factors” in Cellebrite’s annual report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) on March 3, 2026, and in other documents filed by Cellebrite with the SEC, which are available free of charge at www.sec.gov. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, in this communication or elsewhere. Cellebrite undertakes no obligation to update its forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.

About Cellebrite 
Cellebrite’s (Nasdaq: CLBT) mission is to protect communities, nations and businesses as a global leader in digital investigative and intelligence solutions. More than 7,000 global law enforcement agencies, defense and intelligence organizations and enterprises trust Cellebrite’s AI-powered software portfolio to make forensically sound digital data more accessible and actionable. Cellebrite technology allows customers to accelerate nearly 3 million legally sanctioned investigations annually, enhance sovereign security, elevate operational efficacy and efficiency and enable advanced mobile research and application security. Available via cloud, on-premises and hybrid deployments, Cellebrite’s technology enables its customers around the globe to advance their missions, elevate public safety and safeguard data privacy. To learn more, visit us at www.cellebrite.com and https://investors.cellebrite.com and find us on social media @Cellebrite.

Contacts:

Investors Relations
Andrew Kramer
Vice President, Investor Relations & Treasury
investors@cellebrite.com
+1 973.206.7760

Media 
Jackie Labrecque
Director, PR and Executive Communications
jackie.labrecque@cellebrite.com  
+1 771.241.7010

 

Cellebrite DI Ltd. 
Second-Quarter 2026 Results Summary
(U.S Dollars in thousands)

For the three months ended

For the six months ended

June 30,

June 30,

2026

2025

2026

2025

Revenue

131,138

113,276

259,439

220,825

Gross profit

105,931

95,599

211,812

185,658

  Gross margin

80.8 %

84.4 %

81.6 %

84.1 %

Operating income

6,949

14,417

16,068

26,685

  Operating margin

5.3 %

12.7 %

6.2 %

12.1 %

Net income

6,371

19,476

17,309

36,876

Cash flow from operating activities     

17,589

32,583

37,474

53,461

Non-GAAP Financial Data:

Operating income

29,805

26,224

58,391

48,195

  Operating margin

22.7 %

23.2 %

22.5 %

21.8 %

Net income

29,692

30,773

60,312

56,952

Adjusted EBITDA

31,790

27,885

62,407

51,561

Adjusted EBITDA margin

24.2 %

24.6 %

24.1 %

23.3 %

 

Cellebrite DI Ltd. 
Condensed Consolidated Balance Sheets
(U.S. Dollars in thousands)

June 30,

December 31,

2026

2025

Assets

Current assets

Cash and cash equivalents

$       141,250

$        124,457

Short-term deposits

146,759

161,049

Marketable securities

154,522

151,544

Trade receivables (net of allowance for credit losses of $456 and $506 as of June 30, 2026 and
December 31, 2025, respectively)

110,782

104,972

Prepaid expenses and other current assets

21,514

19,630

Contract acquisition costs

6,466

6,595

Inventories

8,388

7,603

Total current assets

589,681

575,850

Non-current assets

Other non-current assets

7,344

14,618

Marketable securities

103,185

97,959

Deferred tax assets, net

11,667

10,880

Property and equipment, net

24,552

22,209

Operating lease right-of-use assets, net

16,414

16,308

Intangible assets, net

121,909

81,469

Goodwill

119,559

119,559

Total non-current assets

404,630

363,002

Total assets

$       994,311

$        938,852

Liabilities and shareholders’ equity

Current Liabilities

Trade payables

$         18,113

$          16,834

Other accounts payable and accrued expenses

77,009

71,244

Deferred revenues

263,350

277,583

Operating lease liabilities

5,736

3,996

Total current liabilities

364,208

369,657

Long-term liabilities

Other long-term liabilities

24,573

16,677

Deferred revenues

49,940

49,526

Operating lease liabilities

17,493

18,674

Total long-term liabilities

92,006

84,877

Total liabilities

456,214

454,534

Shareholders’ equity 

Share capital

*)

*)

Additional paid-in capital

605,809

568,721

Treasury share, NIS 0.00001 par value; 41,776 ordinary shares

(85)

(85)

Accumulated other comprehensive income

1,602

2,220

Accumulated deficit

(69,229)

(86,538)

Total shareholders’ equity

538,097

484,318

Total liabilities and shareholders’ equity

$       994,311

$        938,852

*) Less than 1 USD

 

Cellebrite DI Ltd. 
Condensed Consolidated Statements of Income
(U.S Dollars in thousands, except share and per share data)

For the three months ended

For the six months ended

June 30,

June 30,

2026

2025

2026

2025

Revenue:

Subscription services

$        97,685

$        80,814

$       194,234

$       157,502

Term-license

21,805

22,147

43,109

41,288

Other non-recurring

3,912

3,292

7,580

7,703

Professional services  

7,736

7,023

14,516

14,332

Total revenue

131,138

113,276

259,439

220,825

Cost of revenue:

Subscription services

15,981

8,522

30,219

16,954

Other non-recurring

3,764

3,198

7,261

6,499

Professional services

5,462

5,957

10,147

11,714

Total cost of revenue 

25,207

17,677

47,627

35,167

Gross profit

$       105,931

$        95,599

$       211,812

$       185,658

Operating expenses:

Research and development, net

35,961

28,611

71,833

55,888

Sales and marketing

43,753

38,685

86,975

77,453

General and administrative

19,268

13,886

36,936

25,632

Total operating expenses

$        98,982

$        81,182

$       195,744

$       158,973

Operating income

$          6,949

$        14,417

$         16,068

$         26,685

Financial income, net

4,238

6,374

8,753

13,434

Income before tax

11,187

20,791

24,821

40,119

Tax expense

4,816

1,315

7,512

3,243

Net income

$          6,371

$        19,476

$         17,309

$        36,876

Earnings per share

Basic

$            0.03

$            0.08

$             0.07

$            0.15

Diluted

$            0.02

$            0.08

$             0.07

$            0.15

Weighted average shares outstanding

Basic

247,617,591

240,358,573

247,047,007

238,811,210

Diluted

252,788,652

248,980,462

252,436,239

249,410,357

Other comprehensive income (loss):

Unrealized income (loss) on hedging transactions

788

2,936

(163)

2,157

Unrealized (loss) income on marketable securities

(495)

39

(1,314)

103

Currency translation adjustments

317

(1,226)

859

(1,707)

Total other comprehensive income (loss), net of tax

610

1,749

(618)

553

Total other comprehensive income

$          6,981

$        21,225

$        16,691

$        37,429

 

Cellebrite DI Ltd.
Condensed Consolidated Statements of Cash Flow
(U.S Dollars in thousands, except share and per share data)

For the three months ended

For the six months ended

June 30,

June 30,

2026

2025

2026

2025

Cash flow from operating activities:

Net income

$          6,371

$        19,476

$       17,309

$       36,876

Adjustments to reconcile net income to net cash provided
by operating activities:

Share-based compensation and RSU’s

15,249

8,810

29,633

17,587

Amortization of premium, accretion of discount and
accrued interest on marketable securities

(237)

(1,202)

(1,385)

(1,725)

Depreciation and amortization

8,915

2,592

15,920

5,223

Interest income from short-term deposits

(1,736)

(2,303)

(3,529)

(4,683)

Deferred tax assets, net

(15)

(1,387)

(765)

(1,773)

Increase in trade receivables

(38,070)

(10,931)

(5,629)

(9,210)

Increase (decrease) in deferred revenue

7,987

2,310

(12,874)

3,302

(Increase) decrease in other non-current assets

(253)

210

299

995

Decrease (increase) in prepaid expenses and other current assets

4,351

(2,748)

(613)

2,732

Changes in operating lease right-of-use assets

1,058

1,070

2,113

2,226

Changes in operating lease liability

(645)

(532)

(1,660)

(1,711)

Increase in inventories

(859)

(524)

(715)

(534)

Increase (decrease) in trade payables

7,181

(166)

1,194

(1,212)

Increase (decrease) in other accounts payable and accrued expenses     

6,898

17,622

(3,495)

5,470

Increase (decrease) in other long-term liabilities

1,394

286

1,671

(102)

Net cash provided by operating activities

17,589

32,583

37,474

53,461

Cash flows from investing activities:

Capital expenditures

(3,068)

(3,608)

(6,109)

(5,947)

Cash paid in conjunction with acquisitions, net of acquired cash

(15,278)

Purchase of Intangible assets

(8,560)

(15,619)

Investment in marketable securities

(50,050)

(53,190)

(124,625)

(183,146)

Proceeds from maturities of marketable securities

36,338

32,204

60,945

59,623

Proceeds from sales of marketable securities

15,840

31,166

55,546

31,166

Investment in short-term deposits

(46,000)

(82,000)

(84,000)

Redemption of short-term deposits

41,754

34,005

99,819

96,377

Net cash (used in) provided by investing activities

(13,746)

40,577

(27,321)

(85,927)

Cash flows from financing activities:

Exercise of options to shares

2,123

12,624

4,251

15,117

Proceeds from Employee Share Purchase Plan

1,485

1,202

2,868

2,329

Net cash provided by financing activities

3,608

13,826

7,119

17,446

Net increase (decrease) in cash and cash equivalents

7,451

86,986

17,272

(15,020)

Net effect of Currency Translation on cash and cash equivalents

110

1,762

(479)

2,584

Cash and cash equivalents at beginning of period

133,689

90,475

124,457

191,659

Cash and cash equivalents at end of period

$       141,250

$       179,223

$     141,250

$     179,223

Supplemental cash flow information:

Income taxes paid (received)

$          6,997

$         (8,879)

$       10,535

$       (8,073)

Non-cash activities

Operating lease liabilities arising from obtaining right-of-use assets

$          1,069

$        12,328

$        2,219

$       13,141

 

Cellebrite DI Ltd. 
Reconciliation of GAAP to Non-GAAP Financial Information
(U.S Dollars in thousands, except share and per share data)

For the three months ended

For the six months ended

June 30,

June 30,

2026

2025

2026

2025

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Cost of revenue

$      25,207

$      17,677

$      47,627

$      35,167

Less:

Share-based compensation

657

827

1,349

1,577

Amortization of intangible assets

5,536

9,148

Acquisition-related costs

1

1

Non-GAAP cost of revenue

$      19,013

$      16,850

$      37,129

$      33,590

For the three months ended

For the six months ended

June 30,

June 30,

2026

2025

2026

2025

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Gross profit

$     105,931

$      95,599

$     211,812

$     185,658

Share-based compensation

657

827

1,349

1,577

Amortization of intangible assets

5,536

9,148

Acquisition-related costs

1

1

Non-GAAP gross profit

$     112,125

$      96,426

$     222,310

$     187,235

For the three months ended

For the six months ended

June 30,

June 30,

2026

2025

2026

2025

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Operating expenses

$      98,982

$      81,182

$     195,744

$     158,973

Less:

Share-based compensation

14,592

7,983

28,284

16,010

Amortization of intangible assets

1,394

931

2,756

1,857

Acquisition-related costs

676

2,066

785

2,066

Non-GAAP operating expenses

$      82,320

$      70,202

$     163,919

$     139,040

For the three months ended

For the six months ended

June 30,

June 30,

2026

2025

2026

2025

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Operating income

$        6,949

$      14,417

$      16,068

$      26,685

Share-based compensation

15,249

8,810

29,633

17,587

Amortization of intangible assets

6,930

931

11,904

1,857

Acquisition-related costs

677

2,066

786

2,066

Non-GAAP operating income

$      29,805

$      26,224

$      58,391

$      48,195

 

Cellebrite DI Ltd. 
Reconciliation of GAAP to Non-GAAP Financial Information
(U.S Dollars in thousands, except share and per share data)

For the three months ended

For the six months ended

June 30,

June 30,

2026

2025

2026

2025

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Net income

$        6,371

$      19,476

$      17,309

$      36,876

Share-based compensation

15,249

8,810

29,633

17,587

Amortization of intangible assets

6,930

931

11,904

1,857

Acquisition-related costs

677

2,066

786

2,066

Tax expense (income)

465

(510)

680

(1,434)

Non-GAAP net income

$      29,692

$      30,773

$      60,312

$      56,952

Non-GAAP Earnings per share:

Basic

$         0.12

$         0.13

$         0.24

$         0.24

Diluted

$         0.11

$         0.12

$         0.23

$         0.22

Weighted average shares outstanding:

Basic

247,617,591

240,358,573

247,047,007

238,811,210

Diluted

259,522,205

252,713,944

259,390,445

252,618,208

For the three months ended

For the six months ended

June 30,

June 30,

2026

2025

2026

2025

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Net income

$        6,371

$      19,476

$      17,309

$      36,876

Financial income, net

(4,238)

(6,374)

(8,753)

(13,434)

Tax expense

4,816

1,315

7,512

3,243

Share-based compensation

15,249

8,810

29,633

17,587

Amortization of intangible assets

6,930

931

11,904

1,857

Acquisition-related costs

677

2,066

786

2,066

Depreciation expenses

1,985

1,661

4,016

3,366

Adjusted EBITDA

$      31,790

$      27,885

$      62,407

$      51,561

For the three months ended

For the six months ended

June 30,

June 30,

2026

2025

2026

2025

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Net cash provided by operating activities

$      17,589

$      32,583

$      37,474

$      53,461

Less:

Capital expenditures

(3,068)

(3,608)

(6,109)

(5,947)

Free cash flow

$      14,521

$      28,975

$      31,365

$      47,514

Free cash flow margin

11.1 %

25.6 %

12.1 %

21.5 %

 

Cellebrite DI Ltd. 
Reconciliation of GAAP to Non-GAAP Financial Information
(U.S Dollars in thousands, except share and per share data)

For the trailing
12 months
ended

For the three months ended

June 30,

June 30,

March 31,

December 31,

September 30,

2026

2026

2026

2025

2025

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Net cash provided by operating activities

$     157,557

$      17,589

$      19,885

$      86,811

$      33,272

Less:

Capital expenditures

(13,387)

(3,068)

(3,041)

(3,956)

(3,322)

Free cash flow

$     144,170

$      14,521

$      16,844

$      82,855

$      29,950

Free cash flow margin

28.0 %

11.1 %

13.1 %

64.3 %

23.8 %

 

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