Text S.A. Q2 2027 Earnings Recap

Text’s shares fell 0.9% after earnings, a broadly flat reaction to a mixed quarter. MRR declined 2.3% sequentially as customer acquisition remained weak, while annual payment receipts grew year over year and churn improved.

Key Takeaways

• Quarter-end MRR was down 2.3% sequentially but up 3.3% year over year; September ended flat after declines in the first two months of the quarter.
• Management said customer acquisition remains weak, citing limited product visibility, despite customer churn falling clearly below 4% over the last three months.
• Payments received were $23.61 million, up 6.2% year over year and down 2.4% from the prior quarter. The company cautioned that payments received are not equivalent to quarterly revenue.
• Deferred revenue reached a record PLN 77.2 million after Q1 and is expected to flow into revenue over coming quarters.
• API revenue exceeded $450,000 for the quarter.