The company reported a 70.4% gross margin in Q2 Fiscal 2026, up from 56.6% a year earlier.
SalesCloser Technologies Ltd. posted Q2 revenue of $382.7M, accompanied by a sharp rise in gross margins. The company’s gross margin reached 70.4% for the quarter, a significant increase from 56.6% in the same period last year.
For the first half of Fiscal 2026, gross margins expanded to 73.4%, compared to 52.5% in H1 Fiscal 2025. Management has set a long-term target for further margin improvement but did not specify a timeline.
No immediate market reaction was disclosed in the release.