Coveo Q2 SaaS Revenue Hits $39.1M, Buys Anglera as Bookings Peak
MONTREAL – October 30, 2026 -- Coveo (TSX: CVO) posted SaaS Subscription Revenue of $39.1 million for the second quarter of fiscal 2027, up 9% from $35.9 million a year earlier, and booked the strongest new business quarter in its history after closing two seven-figure-per-year deals.
The company also announced the acquisition of Anglera, a San Francisco-based, Y Combinator-backed developer of an agentic product data enrichment engine. Coveo reports in U.S. dollars under IFRS; the quarter ended September 30, 2026.
Core platform grows 12% as legacy Qubit is fully deprecated
All SaaS Subscription Revenue now comes from the Coveo core Platform following the full deprecation of the legacy Qubit platform. Core platform SaaS revenue rose 12%. Total revenue reached $40.4 million versus $37.3 million, an 8% increase.