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Fractal Delivers Its First Ever $100 Million Revenue Quarter, Reports EBITDA Growth of 71% YoY
Fractal said rising client spending and broader AI adoption lifted revenue nearly 20% and pushed adjusted EBITDA margin to 16%.
On Tuesday, Fractal Analytics Ltd announced consolidated operating revenue crossed $100 million for Q2 FY27, ending September 30, 2026, with net income jumping 139% year-on-year.
Healthcare and Life Sciences revenue led the performance with 79% year-on-year growth, while Banking, Financial Services and Insurance increased 30% and Consumer Packaged Goods and Retail grew 11%.
Fractal reported a Net Revenue Retention of 115 per cent in Q2, reflecting increased client spending, while its flagship agentic AI platform, Cogentiq, reached an annual revenue run-rate exceeding INR 1,500 m, up 39% year-on-year.
Group CEO Srikanth Velamakanni attributed the performance to AI models becoming increasingly capable and cheaper, as the company's Adjusted EBITDA Margin expanded by 123 basis points to 16%.
With over 6,000 professionals across North America, EMEA, and Asia-Pacific, Fractal invests more than 6% of its revenue in AI research and development to power enterprise decisions.