Gloo Holdings, Inc. reports company news tied to its technology platform for the faith and flourishing ecosystem. Updates cover values-aligned AI infrastructure, workflow and data modernization, marketing and donor solutions, and services for faith-based, ministry, nonprofit and mission-driven organizations.
Recurring developments include financial results, investor communications, AI product releases such as Gloo AI Studio, research published with Barna Group, and completed acquisitions that expand the platform into Workday services and major donor engagement.
Gloo (GLOO) announced the winners of its 2026 AI Hackathon, awarding $200,000 in cash prizes to participating teams. Austin Christian University won the $100,000 grand prize for Fosterly, an AI agent connecting young people aging out of Texas foster care with services and people.
More than 1,000 builders on more than 115 teams participated. A 30-day virtual build began September 8, followed by an in-person build in Boulder on October 6–8. Unify, OnBoard and Envoy Mission each received $20,000 as challenge-track winners. The remaining $40,000 went to best-in categories. Judges assessed concept, innovation, impact, use of AI and team presentation.
Gloo (GLOO) and Barna Group released research on September 24 about why young adults attend church. Among 18- to 35-year-olds, prayer was the most selected spiritual reason, at 45%. For social reasons, wanting deeper relationships with other Christians and learning from people with similar experiences were tied at 24% each.
Compared with one year earlier, 34% of young adults said they attend church more often, 45% reported no change and 21% said they attend less often. The findings come from the first two installments of Gloo’s three-part State of the Church series on what young adults want from church.
Gloo Holdings (GLOO) reported Q2 2026 revenue of $46.6 million, up 188% year-over-year and above its $44.0 million guidance.
Total revenue reached $46.6 million versus $16.2 million a year ago, while net loss narrowed to $21.2 million compared with $44.1 million. Adjusted EBITDA was a loss of $8.3 million, better than guidance of a $8.5 million loss and improving from a $11.5 million loss in Q1 2026, marking a third consecutive quarter of sequential Adjusted EBITDA improvement. The company extended the term of a $13.2 million senior secured loan by one year to April 2028.
Gloo now has over 30 customers each generating more than $1 million in annual contract value and its first customer above $10 million. It raised fiscal 2026 revenue guidance to $200 million, guided Q3 2026 revenue to $55 million (up 69% year-over-year) with Adjusted EBITDA of negative $3.5 million, and reiterated expectations for Adjusted EBITDA profitability in Q4 2026.
Gloo (GLOO) launched Gloo Code, an agentic coding capability in Gloo AI Studio that pairs purpose-built agents with suitable AI models to reduce token costs and optimize workflows.
In preliminary Terminal-Bench 2.1 testing, Gloo Code achieved approximately 70% performance at about half the cost of comparable frontier models, with benchmark costs reported as 58%–67% lower than models such as Gemini 3 Pro, Anthropic's Sonnet 5, and OpenAI 5.6 Luna. The company positions Gloo Code as helping organizations manage enterprise token usage, maintain privacy, and gain predictable spend through flexible plans. Gloo Code is available now for individuals and teams and is being used by 500+ builders in the Gloo AI Hackathon 2026 virtual build window that starts September 8, ahead of the in-person finale in Boulder, Colorado, on October 6–8.
Gloo (GLOO), in partnership with Barna Group, released new 2026 State of the Church “Faith & AI” research on how U.S. pastors and Christians want AI to handle contested Scripture. The study finds strong concern about AI misinterpreting Scripture—74% of U.S. adults, 83% of practicing Christians and 94% of pastors share this worry.
However, only 5% of pastors think AI should completely avoid questions about contested passages, and 9% say it should avoid interpreting theology where theologians disagree. Instead, 42% of pastors prefer AI to show multiple interpretations side-by-side and 32% want AI to cite scholarly disagreement, using AI as a learning aid rather than an authority.
Gloo (Nasdaq: GLOO) announced it will report financial results for the second quarter ended July 31, 2026 on Wednesday, September 9, 2026, after market close. Management will host an earnings conference call and webcast at 5:00 p.m. ET to discuss business and financial results.
Participants can access the webcast via the Gloo webcast link, which will also be available in the Investor Relations section of investors.gloo.com. Gloo is a technology platform serving over 140,000 faith, ministry, and nonprofit leaders.
Gloo (Nasdaq: GLOO) has completed the acquisition of the remaining ownership stake in Midwestern Interactive, moving from a prior strategic investment to full operational integration and now holding 100% ownership. Midwestern is described as a prominent technology talent partner serving faith and mission-driven nonprofits.
According to Gloo, the deal strengthens its capabilities in applied AI, forward-deployed engineering and global delivery, enabling support for organizations with complex technology needs. Midwestern offers project-based development teams, embedded technical professionals, recruiting support, product strategy and implementation services, which will help churches, ministries and other mission-driven organizations build and deploy modern technology solutions.
The acquisition also supports Gloo’s international growth plans, with Midwestern developing an AI-enabled global talent engine to identify and deploy technical professionals in multiple international markets. Midwestern will operate as a wholly owned subsidiary of Gloo Holdings, LLC, retaining its brand and leadership while the companies integrate capabilities and maintain continuity for employees, clients and partners.
Gloo (Nasdaq: GLOO) announced a definitive agreement to acquire Cedarstone, an integrated business services firm providing outsourced finance and development services to nonprofit organizations. The deal is designed to advance Gloo’s Applied AI strategy by adding outsourced accounting, donor operations and fractional CFO services to its platform, helping nonprofits complete critical financial work, such as closing their books, more efficiently.
The acquisition expands Gloo’s donor services and its Gloo 360 technology offering, and brings more than 250 new network capability providers into the Gloo ecosystem. Cedarstone will become a wholly-owned Gloo Capital Partner, continue operating under its own brand and leadership, and is expected to be fully acquired during Gloo’s third quarter.
Gloo (Nasdaq: GLOO) closed its previously announced underwritten public offering of 7,000,000 Class A common shares on July 10, 2026, at $3.25 per share, for gross proceeds of $22.75 million before fees and expenses. Underwriters hold a 30-day option to buy up to 1,050,000 additional shares at the same price, which could raise total gross proceeds to approximately $26.16 million, excluding discounts and commissions.
According to Gloo, net proceeds will fund general corporate purposes, including acquisitions, investments, working capital, operating expenses and capital expenditures. Board members Scott Beck, Pat Gelsinger and affiliated entities purchased about $6.0 million of shares in the offering at the public price.
Gloo (Nasdaq:GLOO) priced a public offering of 7,000,000 Class A shares at $3.25 per share, for expected gross proceeds of about $22.75 million before expenses.
Underwriters have a 30-day option for 1,050,000 additional shares, potentially raising total gross proceeds to about $26.16 million. Board members and affiliates committed to purchase at least $6 million of the offering. Net proceeds are earmarked for general corporate purposes, including acquisitions, investments, working capital, operating expenses and capital expenditures. The offering is expected to close on July 10, 2026, subject to customary conditions.