GIFTIFY, INC. reported first-quarter 2026 results with revenue of $21.36M and a net loss of $(2.65M), or diluted EPS of $(0.08), reflecting a slight year-over-year revenue decline and an improvement in the net loss versus the prior-year quarter.
Financial Highlights
- Revenue: $21.36M for Q1 2026, down from $22.28M in Q1 2025 (4.1%).
- Net income: Net loss of $(2.65M) for Q1 2026, improved from a net loss of $(3.22M) in Q1 2025 (loss narrowed YoY).
- Diluted EPS: $(0.08) for Q1 2026, versus $(0.11) in Q1 2025 (improved YoY).
Business Highlights
- Gross billings rose 25% YoY to $45.0M for Q1 2026, while net sales declined 4.1% due to a mix shift toward agent transactions.
- Agent transactions increased 57% YoY, boosting net revenue from agency sales and improving gross margin.
- Restaurant.com continued to scale with a 6.2M database and a merchant reach of 182.5K+, while the CardCash marketplace maintained consumer traffic.
- Strategic M&A: The May 2025 acquisition of Takeout7 was integrated into Restaurant.com in early 2026 to expand restaurant technology and marketing offerings.
- Operationally, gross profit improved 18.5% YoY and gross margin rose to 19.9%, driven by favorable transaction mix and product bundling.