Cellebrite (CLBT) stock surged 6.43% in pre-market trading on Thursday following the release of its impressive second-quarter 2025 financial results and the announcement of a new CEO. The digital intelligence solutions provider demonstrated robust growth across key financial metrics, surpassing analyst expectations in several areas.
The company reported Q2 revenue of $113.276 million, exceeding the IBES estimate of $112.2 million. This represents an 18% year-over-year increase. Notably, Cellebrite's subscription revenue saw a significant 21% rise to $103.0 million, while its Annual Recurring Revenue (ARR) grew by 21% to $418.9 million. The adjusted EBITDA came in at $27.885 million, also surpassing the IBES estimate of $27 million, with an impressive margin of 24.6%.
Adding to the positive news, Cellebrite announced the appointment of Thomas E. Hogan as its new CEO. Hogan expressed confidence in the company's growth trajectory and its ability to support customers in law enforcement, defense, and intelligence sectors. The combination of strong financial performance and new leadership seems to have bolstered investor confidence, driving the stock's pre-market rally.