Business
Cellebrite Announces First-Quarter 2025 Results
First-Quarter 2025 revenue of $107.5 million grew 20% primarily due to 21% growth in subscription revenue ARR grew 23% to $408.0 million First-Quarter 2025
About this update from Cellebrite Di Ltd.
[{"type":"text","content":"First-Quarter 2025 revenue of $107.5 million grew 20% primarily due to 21% growth in subscription revenue ARR grew 23% to $408.0 million First-Quarter 2025 adjusted EBITDA of $23.7 million, 22.0% adjusted EBITDA margin TYSONS CORNER, Va. and PETAH TIKVA, Israel, May 14, 2025 (GLOBE NEWSWIRE) -- Cellebrite (NASDAQ: CLBT), a global leader in premier Digital Investigative solutions for the public and private sectors, today announced financial results for the three months ending March 31, 2025. “Cellebrite delivered strong 23% ARR growth while pairing solid revenue expansion with prudent spending to drive 34% year-over-year growth in adjusted EBITDA and a 22% margin,” stated Thomas E. Hogan, Cellebrite’s interim CEO. “The strength of our total performance was a byproduct of our global diversification and the range of our solutions across federal, state and local, defense, intelligence and private sectors.” First-Quarter 2025 Financial Highlights Revenue of $107.5 million, up 20% year-over-yearSubscription revenue was $95.8 million, up 21% year-over-year Annual Recurring Revenue (ARR) of $408.0 million, up 23% year-over-yearRecurring revenue dollar-based net retention rate of 121%GAAP gross profit and gross margin of $90.1 million and 83.7%, respectively; Non-GAAP gross profit and gross profit margin of $90.8 million and 84.4%, respectivelyGAAP net income of $17.4 million; Non-GAAP net income of $26.2 millionGAAP diluted earnings per share of $0.07; Non-GAAP diluted earnings per share of $0.10Adjusted EBITDA and Adjusted EBITDA margin of $23.7 million and 22.0%, respectively First-Quarter 2025 and Recent Business & Operational Highlights Innovation On May 6, 2025, Cellebrite announced its Spring 2025 Release, introducing the Cellebrite Cloud and AI-powered innovations across its portfolio. These enhancements are already playing an important role in helping customers modernize their digital workflows, speed up their investigations and elevate operational productivity and efficiency. With more customers adopting a broader range of the Company’s integrated portfolio, Cellebrite is evolving its Case-to-Closure (C2C) Platform into the next-generation Digital Investigation Platform. Go-to-Market From March 31 through April 2, 2025, Cellebrite hosted its inaugural user conference, which was attended by approximately 700 attendees from appro...