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Cantaloupe Q3 2025 Earnings Report
Cantaloupe, Inc. reported strong third quarter fiscal year 2025 financial results, with significant increases in revenue, net income, and adjusted EBITDA, driven by growth in subscription and transaction revenues.
Key Takeaways
Cantaloupe, Inc. announced robust financial results for the third quarter of fiscal year 2025, with total revenue increasing by 11.1% year-over-year to $75.4 million. Net income applicable to common shares surged to $48.9 million, primarily due to a one-time release of a valuation allowance on deferred tax assets. Adjusted EBITDA also saw a substantial increase of 36.6% to $13.9 million, reflecting improved operating leverage and margin expansion.
Total revenue increased 11.1% year-over-year to $75.4 million.
Net income applicable to common shares was $48.9 million, or $0.65 diluted earnings per share, significantly up from $4.4 million in the prior year, largely due to a one-time tax benefit.
Adjusted EBITDA increased 36.6% to $13.9 million.
Adjusted Gross Margin improved to 41.6% from 39.6% in the prior year quarter.
Cantaloupe
Cantaloupe
Cantaloupe Revenue by Segment
Revenue by Segment
Subscription and Transaction Fees Revenue
CapyFin.comEquipment Sales Revenue
CapyFin.com Forward Guidance
For the full fiscal year 2025, Cantaloupe, Inc. is revising its outlook, expecting total revenue between $302 million and $308 million, and total US GAAP net income applicable to common shares between $64 million and $70 million.
Positive Outlook
- Total Revenue expected to be between $302 million and $308 million.
- The combination of Subscription and Transaction revenue growth to now be in the low end of the range of 15% - 20%.
- Total US GAAP net income applicable to common shares to now be between $64 million and $70 million.
- Adjusted EBITDA to be between $46 million and $50 million.
- Total Operating Cash Flow is still expected to be between $24 million and $32 million.