Online safety company says pro forma ARR reached about $339.7 million and revenue rose 27% year over year, while it reaffirmed 2026 targets for 20%+ ARR growth and positive free cash flow after the deal close.
Aura Consolidated Group reported second-quarter 2026 results in its first earnings release since completing the acquisition of Qoria on July 17, saying the combined company exited the quarter with about $339.7 million in annual recurring revenue and remains on track for positive free cash flow in 2026 from the transaction close to year-end. On an unaudited pro forma basis, which combines Aura and Qoria historical results under U.S. GAAP, GAAP revenue rose 27% year over year to $85.1 million, ARR increased 27% to $339.7 million, and adjusted EBITDA loss improved 51% year over year to $12.6 million. Aura said total liquidity at the transaction close was $124.0 million, supported by a $100 million equity raise and an upsized $100 million debt facility. The company said it has actioned $27 million in annualized run-rate direct and operating cost reductions year to date, ahead of its $25 million target under a broader $55 million cost-out program outlined in February 2026. It also cut brand and performance marketing spend by $7 million in the first half of 2026 and plans a further $28 million reduction in the second half, steps it said support its path to positive free cash flow in the second half of 2026. Aura said integration of Qoria remains on track, with full product integration targeted by the second quarter of 2027. During the quarter, the company also launched Aura Business, an enterprise security product for managed service providers and small and mid-sized businesses, rolled out new AI-powered capabilities including a self-harm detection model, and appointed Steven Young as Global Chief Marketing Officer and Adam Medros as Chief Product Officer. Aura began unrestricted trading on the ASX under ticker AXQ on July 20 following implementation of the scheme of arrangement on July 17. The company said post-close it aligned ARR reporting methodologies, and under its prior disclosure method Q2 2026 ARR would have been $354.0 million.