• 33% YoY growth, 99% of revenue goal
• Constant currency growth +21%
• Seat count growth +15% vs. pcp
• 4Q Gross Margins improved to 49%

ikeGPS reported strong Q4 and FY26 performance, with platform subscription revenue growing 33% year-over-year and achieving 99% of its revenue goal. The company saw constant currency growth of 21% and a 15% increase in total platform subscription seats compared to the prior calendar period. Gross margins improved to 49% in Q4, driven by shifting work offshore and higher-margin projects. The company also launched PolePilot, an AI automation platform for distribution power assets, which delivered a 10% price increase across the entire IKE Office Pro subscription base with no churn. ikeGPS is now deployed across all 50 US states and is trusted by 8 of the 10 largest investor-owned utilities in North America and 5 of the 10 largest US communications companies. The company is well-positioned to capitalize on the massive grid modernization and broadband deployment opportunities in the North American market, with a $2 trillion investment cycle underway and over 130 million wooden poles approaching the 45-50 year failure threshold. ikeGPS is focused on delivering actionable insights on overhead infrastructure to help utilities and telecom companies achieve critical industry objectives, such as grid resiliency and fiber broadband expansions.

FY'2026 Platform Subscription Revenue of ~$19.2m (+33% growth vs pcp and 99% of target). FY'2026 Annualized Exit Run Rate (ERR) Platform Subscription Revenue of ~NZ$20.7m (+18% growth vs pcp; +21% in constant currency).

ikeGPS is well-positioned to capitalize on the $2 trillion grid modernization and $43 billion broadband deployment opportunities in the North American market. The company is focused on expanding its product suite, driving further adoption of its AI-powered solutions, and expanding internationally to continue its strong growth trajectory.