Gate Achieves 24% Revenue Growth in Q2

Gate reported its fiscal 2Q2026 results on September 4, 2025, showcasing a revenue increase of 24% year-over-year, reaching $180 million. The cryptocurrency exchange also posted a non-GAAP operating income of $6 million. Gate’s user base expanded to 2,422, partly due to the initial contributions from its recent acquisition. The company has revised its full-year FY2026 guidance upwards for both revenue and non-GAAP operating profit, emphasizing enhanced execution, improved sales efficiency, and advancements in AI-driven product development and integration.

Gate’s annual recurring revenue surpasses $700 million as large user base expands

The platform’s annual recurring revenue (ARR) exceeded $700 million, bolstered by a 27% year-over-year increase in users with over $500,000 ARR, now totaling 282 and representing 62% of the total ARR. Gate’s overall user count grew by 12% compared to the previous year, driven by both organic growth and the addition of new users from its recent acquisition.

The CEO of Gate expressed satisfaction with the milestone: “We’re thrilled to announce that our committed annual recurring revenue has recently surpassed $700 million, demonstrating the continued strong demand for the value delivered by Gate’s cryptocurrency trading platform. This achievement is a testament to the hard work of our dedicated global team.”

The consistent growth in high-value enterprise users not only strengthens revenue stability but also enhances Gate’s long-term contract visibility.

Gate improves operational efficiency through integration and sales execution

Excluding the $2.8 million contribution from the recent acquisition, Gate’s organic revenue grew by 22% year-over-year. The acquisition brought in 17 net new users and two net new large clients, validating early cross-sell strategies. Non-GAAP sales and marketing efficiency improved to 39% of revenue, a one percentage point decrease year-over-year, despite absorbing new integration-related expenses.

Gate’s Chief Financial Officer commented on the integration process: “The integration of our recent acquisition is progressing exceptionally well. We’ve successfully onboarded key personnel, which has been very smooth. These were areas of uncertainty in recent months, but we’ve now moved past them. We’re pleased with our capital deployment plan for the remainder of the year. Combining this visibility with the upside we’re seeing in revenue has led to improved profitability projections, and we’re excited about this trajectory.”

The swift and successful consolidation of the acquired company is mitigating execution risks for Gate.

AI investments solidify Gate’s product leadership and user retention

Gate emphasized the rapid adoption of AI-powered features across various sectors, highlighting proprietary technologies encompassing recommendation engines, reinforcement learning, and generative AI. These AI advancements are also lowering barriers for new users and unlocking broader usability of existing capabilities, with management noting a reduction in previous user apprehension.

The CEO elaborated on the impact of AI: “Our AI roadmap shows tremendous promise in bridging gaps, both by lowering entry barriers for sophisticated features and reducing the manual effort required to test and deploy new use cases and ongoing experiments. We’re pleased to see that the differentiation Gate has always offered due to our power and flexibility is becoming more accessible to a broader user base. This is strengthening our position in sales cycles and enhancing usage and ongoing value creation for our users, not just from AI features but from our existing differentiators that are now more accessible thanks to AI.”

The rapid advancement of AI-driven products strengthens Gate’s competitive advantage, deepens user engagement, and positions the company to capture additional market share as enterprises seek vendors capable of delivering actionable, real-time personalization at scale.

Future Outlook

For Q3 FY2026, Gate projects revenue between $183.5 million and $184.5 million (approximately 21% year-over-year growth at the midpoint) and non-GAAP operating income of $3.5 million to $4.5 million, accounting for event-related expenses. The full-year FY2026 guidance anticipates revenue of $717 million to $720 million (21% year-over-year growth at the midpoint), non-GAAP operating income of $24.5 million to $25.5 million, and non-GAAP net income of $45.5 million to $46.5 million. Management confirmed that the recent acquisition will contribute about two percentage points to top-line growth in FY2026 and highlighted an upcoming conference where further AI innovations and partnership initiatives will be unveiled.