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Freelancer Ltd. (FLNCF)
OTHER OTC:FLNCF
US Market
EarningsQ2 2026 Earnings Report

Freelancer (FLNCF) Q2 2026 Earnings Report

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FLNCF Q2 2026 EPS Results

Actual EPS-$0.33
Consensus EPS―
Beat/Miss―
One Year Ago EPS<$0.01

FLNCF Q2 2026 Revenue Results

Actual Revenue$16.47M
Expected Revenue―
Beat/Miss―
YoY Revenue Growth-12.44%

Earnings Announcement Details

QuarterQ2 2026
Date07/27/2026
TimeAfter Close
Conference CallMonday, July 27, 2026
FLNCF Upcoming Earnings
Freelancer's next earnings date is estimated for February 23, 2027, based on past reporting schedules.

Q2 2026 Earnings Call Audio

FLNCF Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 27, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
Mixed/Neutral: the call highlights clear strengths—particularly Escrow's robust volume, profitability and new vertical traction, plus Loadshift record performance, AI productivity gains and disciplined cost control—but also material and concrete problems in the core Freelancer marketplace (large GMV and revenue declines, scraping/SEO disruption, and multi‑gateway payment acceptance issues). Management presented concrete remediation plans (payments routing, product and vertical rollouts, new product leadership) and near‑term operational fixes, but the severity of Freelancer headwinds balances the strong wins elsewhere.
Company Guidance
The H2 guidance is to "wrangle" Freelancer (fix product, SEO and payments), scale Escrow and Loadshift, and accelerate AI while maintaining cost discipline: key metrics cited include a 1,300% surge in scraper traffic, an estimated payment‑gateway drag of ~USD 400k/month, a target acceptance rate >85% (Google Pay live in ~2 weeks; Indian local acquiring commissioned next quarter), AI handling 100% of Tier‑1 support with 11% containment and engineering up to 40% faster releases; business metrics: group GMV +30.9% to AUD 574.6m (USD 403.8m), group revenue down 12.1% to AUD 23.9m, EBITDA AUD 1.1m, operating loss ~AUD 0.3m, net loss AUD 2.1m, cash AUD 17.9m; segment moves: Freelancer GMV -20.3% to 42.4m and revenue -23.2% to 14.9m, Loadshift GMV +9.6% to 14.6m and revenue +12.2% to 1.8m (>1bn km freight), and Escrow GMV +39% to AUD 517.6m (USD ~363.7m) with revenue +15.1% to AUD 7m and a blended take rate down to ~1.35% (expected steady state ~1.45–1.55%), with priorities to restore positive free cash flow, preserve liquidity, and selectively allocate capital.
Group GMV Growth
Group gross merchandise volume (GMV) increased ~30.9% in AUD to AUD 574.6M (USD $403.8M, ~45.5% in USD), driven by strong Escrow and Loadshift performance.
Escrow.com Strong Performance
Escrow GMV up 39% in AUD to AUD 517.6M (54.6% constant currency to USD $363.7M). Escrow revenue rose ~15.1% in AUD (27.7% constant currency); gross profit up ~21.8% to AUD 6.5M. Escrow processed USD 8.3B to date and achieved its 7th consecutive year of profitability; new verticals (wholesale electronics) producing multi‑million dollar transactions.
Loadshift Momentum and Records
Loadshift GMV up 9.6% to AUD/USD $14.6M and revenue up 12.2% to AUD/USD $1.8M. All‑time record GMV and revenue for the half; milestone of >1 billion kilometers freight posted; product launches (map booking, carrier onboarding, public telephone bridge) driving higher liquidity and a 5x volume increase in tested flows.
Near Break‑Even Group Earnings with Cost Discipline
Group EBITDA was AUD 1.1M and operating loss ~AUD 0.3M (near breakeven). Management reduced employee expenses by 4.4% and hosting costs by 5%; overall operating expenses increased only 1.8% despite targeted investments.
AI and Engineering Productivity Gains
AI handles 100% of Tier 1 support with an 11% containment rate; engineering teams reported up to a 40% uplift in releases/productivity from AI tooling, accelerating product development and operational efficiency.
Marketplace Product & Vertical Strategy
Average project value increased (USD ~453) and product team rolling out targeted vertical marketplaces (e.g., game development, robotics, EV, influencer marketing) plus A/B test wins to improve matching and higher‑value work capture.
Strong Balance Sheet and Liquidity Management
Cash of AUD 17.9M at period end, debt‑free balance sheet, and clear capital priorities: maintain liquidity for user obligations, restore free cash flow, and allocate capital selectively.

FLNCF Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Feb 23, 2027
2026 (Q4)
- / -
<0.001―
2026 (Q2)
- / -0.33
0.003-12100.00% (-0.34)
Apr 21, 2026
2026 (Q1)
- / -
0―
2025 (Q4)
- / <0.01
0―
2025 (Q2)
- / <0.01
-0.001300.00% (<+0.01)
2025 (Q1)
- / -
<0.001―
2024 (Q4)
- / 0.00
<0.001―
Oct 23, 2024
2024 (Q3)
- / -
>-0.001―
2024 (Q2)
- / >-0.01
>-0.001-100.00% (>-0.01)
Apr 24, 2024
2024 (Q1)
- / -
-0.003―
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed