Freightos reports 15% transaction growth in Q1 2026, below its 20% target, due to Middle East capacity constraints.
Freightos Limited posted a 15% increase in transaction growth for Q1 2026, falling short of its 20% target. The shortfall was attributed to capacity disruptions in Middle East trade corridors, which impacted routing and transaction activity across key regions.
The company characterized 2026 as a transition year, emphasizing operating discipline and organizational simplification over pure growth. Management maintained its adjusted EBITDA breakeven target for Q4 2026, supported by a $4.5 million annualized cost optimization plan. Full-year revenue and transaction guidance was moderated to reflect the Q1 miss.
Freightos is shifting its strategy toward integrated solutions, citing 3x higher transaction volumes and retention among customers using connected procurement, pricing, and market intelligence tools. The platform added a record 79 active carriers in Q1, including a major APAC carrier post-quarter to bolster regional expansion.