Cellebrite Q4 Revenue Up 18% to $128.8M, Acquires SCG Canada Drone Forensics
Cellebrite posted record Q4 revenue of $128.8 million, up 18%, with ARR reaching $480.8 million, up 21% (17% organically) and subscription revenue rising 21% to $115.5 million. The company agreed to acquire SCG Canada, adding portable drone forensics as global drone spending is set to climb 20% to $53.5 billion in 2026.
1. Record Fourth-Quarter Financial Results
Cellebrite delivered Q4 revenue of $128.8 million, an 18% year-over-year increase, with subscription revenue rising 21% to $115.5 million. Total ARR reached $480.8 million, up 21% (17% excluding Corellium), supported by a 116% net retention rate, GAAP net income of $21.3 million, non-GAAP net income of $36.7 million, and adjusted EBITDA of $38.3 million (29.8% margin).
2. Strong Full-Year 2025 Performance
Full-year revenue rose 19% to $475.7 million, with subscription sales up 21% to $427.0 million. GAAP net income reached $78.3 million (EPS $0.31) and non-GAAP net income was $130.5 million (EPS $0.51), while adjusted EBITDA climbed to $127.6 million (26.8% margin).
3. Strategic Drone Forensics Acquisition
Cellebrite agreed to acquire SCG Canada to integrate portable drone forensics tools, positioning the company for a projected 20% rise in global drone spending to $53.5 billion in 2026. This move enhances capabilities for law enforcement, defense and private-sector investigations by enabling extraction and analysis of UAV data at the point of collection.