# Xtract One Reports Strong Growth

> Xtract One's fiscal 2026 results show 108% revenue growth to $28.8 million with improved cash flow.
- Title: Xtract One Reports Strong Growth · Financialpost | Shortify
- Summary: Xtract One's fiscal 2026 results show 108% revenue growth to $28.8 million with improved cash flow. Xtract One Technologies achieved $28.8 million in revenue…
- Keywords: xtract one, revenue, fiscal 2026, cash flow, smartgateway, xtract one gateway, contractual backlog, money, business, Xtract, One, Reports
- Source: Financialpost — https://financialpost.com/globe-newswire/xtract-one-announces-fiscal-2026-fourth-quarter-and-full-year-results
- Read time: 1 min
- Topics: xtract one, revenue, fiscal 2026, cash flow, smartgateway, xtract one gateway, contractual backlog, money, business
## Fiscal 2026 Results
Xtract One Technologies Inc. announced fiscal fourth quarter and annual results for the year ended July 31, 2026.
## Revenue Growth
Revenue reached $28.8 million, up 108% year over year, driven by record deployments of SmartGateway and Xtract One Gateway.
## Contractual Backlog
Contractual backlog increased 66% to $25.6 million year over year, with $10.5 million expected to be recognized as revenue within twelve months.
## Cash Position
The company ended fiscal 2026 with a cash balance of $17.3 million and positive cash flow from operations in the fourth quarter.
## Adjusted EBITDA
Adjusted EBITDA improved by $5.1 million or 59% year over year, reflecting better operational efficiency.
## CEO Statement
Peter Evans, CEO, stated fiscal 2026 was the year Xtract One proved it could scale with revenue doubling and first full year of commercial deployments.
## Future Outlook
Xtract One enters fiscal 2027 with a growing recurring revenue base and two proven products backed by installation capacity and customer references.
## Key takeaway

Xtract One Technologies achieved $28.8 million in revenue for fiscal 2026, up 108% year over year, with positive cash flow from operations.