StocksMedium•31 October 2026•
1 min read
GoTo Swings to 9-Month Profit, Raises Full-Year 2026 EBITDA Guidance
Key Facts
1GoTo recorded a net profit of $54.34 million for the Jan-Sept 2026 period, reversing a $62.70 million loss from 2025.
2The company raised its full-year 2026 adjusted EBITDA target to a range of $220.1 million to $232.7 million.
GoTo recorded a net profit of $54.34 million for the January-September 2026 period, reversing a $62.70 million loss reported in the same period of 2025. InvestorTrust reported that the company raised its full-year 2026 adjusted EBITDA target to a range of $220.1 million to $232.7 million.
The turnaround was driven by core transaction expansion and an increase in ride-hailing commission rates, specifically the implementation of an 8% take-rate on GoRide services. Consolidated net revenue grew 24% to $1.04 billion during the first nine months of the year, while the company confirmed it had utilized $61.95 million for share repurchases through October 14, 2026.