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Huckleberry.ai (HUCK) investor relations material
Huckleberry.ai Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Entered into an Asset Purchase Agreement to sell substantially all assets and employees for $400 million in cash, excluding NOL carryforwards, to Progress Software Corporation; closing expected by November 30, 2026.
Following the sale, will repay all outstanding debt, change corporate name, and remain a public entity focused on monetizing NOLs and exploring new business opportunities.
Board intends to use proceeds to identify opportunities leveraging AI and automation or return capital to shareholders.
Financial highlights
Total revenue for Q2 2026 was $76.8 million, down 4% year-over-year; six-month revenue was $156.2 million, down 2%.
Net loss for Q2 2026 was $9.6 million, improved from $22.9 million in Q2 2025; six-month net loss was $23.8 million, improved from $41.0 million.
Gross margin for Q2 2026 was 77%, up from 75% in Q2 2025.
Cash and cash equivalents as of July 31, 2026 were $25.1 million.
Billings for Q2 2026 were $61.0 million, down from $70.3 million in Q2 2025.
Outlook and guidance
Asset Sale expected to close by November 30, 2026; proceeds to be used for debt repayment and strategic initiatives.
Company will have no operating business post-sale and will focus on monetizing NOLs and exploring new ventures.
Management acknowledges substantial doubt about ability to continue as a going concern if the Asset Sale does not close.
- Consumption model, AI, and ecosystem partnerships drive growth and retention improvements.HUCK
Status Update - Consumption-based pricing, CDW partnerships, and AI innovation drive growth and profitability.HUCK
D.A. Davidson 1st Annual Consumer & Technology Conference - Q1 FY2027 revenue $79.4M, net loss $14.2M, and strategic transaction talks amid liquidity risks.HUCK
Q1 2027 - Proxy covers director elections, auditor ratification, and performance-based executive pay.HUCK
Proxy filing - Votes will be cast on director elections, auditor ratification, and executive pay approval.HUCK
Proxy filing - Record billings, top retention, and AI-driven growth led to Q4 non-GAAP profitability.HUCK
Q4 2026 - Q3 revenue was $79.8M, net loss widened, and partner-driven growth accelerated.HUCK
Q3 2025 - Q2 revenue fell 2% to $78.4M as net loss widened and consumption contracts grew.HUCK
Q2 2025 - Q4 revenue hit $78.8M, billings $102.6M, with strong RPO growth and FY26 revenue guided to $318M.HUCK
Q4 2025
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