Why did Giftify (NASDAQ:GIFT) gross billings increase in Q2 2026?

Giftify (NASDAQ:GIFT) gross billings increased 26.2% to $45.5 million as transaction activity grew across its marketplaces. Gross billings measure the total value of customer transactions before the accounting treatment applied to agent sales.

What are Giftify (NASDAQ:GIFT)’s Q2 2026 financial results?

Giftify (NASDAQ:GIFT) reported net sales of $21.7 million, gross profit of $4.4 million and a net loss of $1.2 million, or $0.04 per share. Gross margin increased to 20.2%.

How did Giftify (NASDAQ:GIFT)’s modified EBITDA perform?

Giftify (NASDAQ:GIFT) reported positive modified EBITDA of $126,036, compared with a $150,236 loss in Q2 2025. The measure excludes items including interest, amortization and stock-based compensation.

What partnerships did Giftify (NASDAQ:GIFT) announce?

Giftify (NASDAQ:GIFT) added a CardCash distribution partnership with Capital One Shopping and a campus gift-card exchange partnership with Follett Higher Education. Follett’s program is expected to cover approximately 700 bookstores by August 2026.

What is Giftify (NASDAQ:GIFT)’s cash position?

Giftify (NASDAQ:GIFT) held $3.9 million in cash at June 30, 2026, compared with $3.7 million at December 31, 2025. The company also disclosed that its Form 10-Q identifies substantial doubt about its ability to continue as a going concern.

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Giftify gross billings rise 26% to $45.5 million

Written by Isaac FrancisPublished Aug 3, 2026, 2:47 PM

Giftify reported Q2 gross billings of $45.5 million, up 26.2%, while net sales increased 4.0% to $21.7 million.
Giftify shares were up 5.99% at $0.92 during Monday trading following the results.
The company added CardCash partnerships with Capital One Shopping and Follett Higher Education.

Giftify (NASDAQ:GIFT) reported Q2 gross billings of $45.5 million, up 26.2%, while net sales increased 4.0% to $21.7 million.

Gross profit rose 14.2% to $4.4 million, while gross margin expanded by 180 basis points to 20.2%.

“Our second quarter results reflect continued progress on the fundamentals of our business,” said Giftify President and CEO Ketan Thakker.

Giftify’s net loss narrowed 52.1% to $1.2 million, while modified EBITDA turned positive at $126,036 and cash totaled $3.9 million.

Following the announcement, Giftify's share price was up 5.99% at $0.92.

CardCash added partnerships with Capital One Shopping and Follett Higher Education, which is expected to reach around 700 campus bookstores by August 2026.

Giftify operates CardCash.com and Restaurant.com, while increased agent transactions caused gross billings to grow faster than reported net sales.

Giftify gross billings rise 26% to $45.5 million

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