Riskified Ltd. Q2 2026 Earnings Recap

Riskified’s shares surged 22.4% post-earnings, reflecting strong revenue growth and adjusted EBITDA expansion that clearly outpaced cautious market expectations amid a challenging fraud environment.

Key Takeaways

• Revenue increased 22% year-over-year to $98.7 million, marking the best growth in over four years.
• Non-GAAP gross profit rose 13% to $45.4 million, showing solid margin progress.
• Adjusted EBITDA jumped 84% to $3.9 million, indicating improved operational leverage.
• Processed ACH transaction volume grew roughly 19x year-over-year, highlighting success in expanding non-card payment coverage.
• Multiproduct merchant base increased approximately 50% year-over-year, supporting the platform’s expanding footprint and upsell potential.