{"id":181060,"date":"2026-02-16T13:01:13","date_gmt":"2026-02-16T18:01:13","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=181060"},"modified":"2026-02-16T13:01:13","modified_gmt":"2026-02-16T18:01:13","slug":"rategain-reports-94-revenue-surge-in-q3-fy26-following-sojern-acquisition","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/rategain-reports-94-revenue-surge-in-q3-fy26-following-sojern-acquisition\/","title":{"rendered":"RateGain Reports 94% Revenue Surge in Q3 FY26 Following Sojern Acquisition"},"content":{"rendered":"\n<p><em>The travel technology firm posted record quarterly operating revenue of \u20b95,400.3 million after consolidating its latest major acquisition. While operating profit grew, net earnings were weighed down by transaction-related amortization and one-time exceptional expenses.<\/em><\/p>\n\n\n\n<p>RateGain Travel Technologies Limited (NSE: RATEGAIN) reported a 93.8% year-on-year increase in operating revenue for the third quarter of fiscal 2026, reaching \u20b95,400.3 million. EBITDA for the period rose 41.7% to \u20b9871.2 million, though profit after tax declined 53.2% to \u20b9264.5 million. The results reflect the first full quarter of financial consolidation for the company&#8217;s acquisition of Sojern, which significantly expanded the group\u2019s top-line performance while introducing substantial one-time and recurring non-cash charges.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Sojern Integration Drives Scale<\/strong><\/h2>\n\n\n\n<p>The primary driver of the quarter&#8217;s performance was the completion of the Sojern acquisition in November 2025. This transaction added approximately 10,300 customers, bringing RateGain\u2019s total base to over 13,000 travel brands globally. The integration is intended to create a unified AI-powered ecosystem that merges traveler intelligence and media activation with RateGain\u2019s existing distribution and data capabilities. Management indicated that the process is currently focused on capturing cost synergies and aligning organizational structures.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Performance and Margin Compression<\/strong><\/h2>\n\n\n\n<p>For the nine months ended December 31, 2025, operating revenue increased 35.8% to \u20b911,080.0 million. However, the aggressive expansion led to margin compression; the Q3 EBITDA margin fell to 16.1% from 22.1% in the same period last year. Net profit was impacted by \u20b9346.2 million in one-time exceptional expenses related to the acquisition and a sharp rise in amortization costs, which reached \u20b9230.8 million for the quarter. Adjusted for these one-time costs, the profit after tax stood at \u20b9610.7 million, an 8.0% increase year-on-year. The company maintained healthy liquidity, reporting net cash and equivalents of \u20b93,617.1 million and prepaying $19.0 million of acquisition-related debt during the quarter.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Business Strategy and AI Innovation<\/strong><\/h2>\n\n\n\n<p>RateGain\u2019s stated strategy remains centered on an AI-led &#8220;Guest Acquisition, Retention, and Expansion&#8221; vision. The company is increasingly embedding artificial intelligence into its product suite, including the rollout of &#8220;AI Concierge&#8221; solutions to hospitality clients to drive ancillary revenue. Operational metrics showed improved efficiency, with revenue per employee rising 60.0% year-on-year to \u20b921.3 million. The company entered the final quarter of the fiscal year with a total contract pipeline of \u20b95,625 million and reported new contract wins of \u20b92,506.5 million for the nine-month period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Global Travel Health Index Shows Steady Rise<\/strong> <\/h2>\n\n\n\n<p>The company\u2019s performance is set against a stabilizing global travel market. The Global Travel Health Index reached 102 as of November 2025, representing a 2% year-on-year increase. While political headwinds caused minor declines in some markets, the Middle East and Africa saw a 9% surge in travel activity. The Asia-Pacific region continues to lead global growth in online travel adoption, currently accounting for 36% of all online travel agency sales as total gross online travel bookings reached an estimated $1.07 trillion in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The travel technology firm posted record quarterly operating revenue of \u20b95,400.3 million after consolidating its latest major acquisition. While operating profit grew, net earnings were weighed down by transaction-related amortization and one-time exceptional expenses. RateGain Travel Technologies Limited (NSE: RATEGAIN) reported a 93.8% year-on-year increase in operating revenue for the third quarter of fiscal 2026, [&hellip;]<\/p>\n","protected":false},"author":2380,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,1941,8],"tags":[8536,8532],"class_list":["post-181060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-stock-analysis","category-technology-stocks","tag-software","tag-technology"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":143404,"url":"https:\/\/alphastreet.com\/india\/rategain-travel-technologies-ltd-q3-fy23-earnings-conference-call-insights\/","url_meta":{"origin":181060,"position":0},"title":"Rategain Travel Technologies Ltd Q3 FY23 Earnings Conference Call Insights","author":"Praveen","date":"March 27, 2023","format":false,"excerpt":"Key highlights from Rategain Travel Technologies Ltd (RATEGAIN) Q3 FY23 Earnings Concall Management Update: [00:02:03] RATEGAIN said 3Q was the best ever quarter in its history in terms of new contract wins at over INR49.3 crores. [00:13:26] RATEGAIN\u2019s guidance for 4Q23 includes organic business growth of 30% YoverY, expected EBITDA\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":146739,"url":"https:\/\/alphastreet.com\/india\/rategain-travel-technologies-q4fy23-net-profit-grows-by-183\/","url_meta":{"origin":181060,"position":1},"title":"Rategain Travel Technologies Q4FY23 net profit grows by 183%","author":"Chirag Gupta","date":"May 19, 2023","format":false,"excerpt":"Rategain Travel Technologies Ltd reported Total revenue for Q4 FY23 of \u20b9183 Crore, up from \u20b9108 Crore year on year depicting a growth of 69%. Consolidated Net Profit of \u20b934 Crore, up 183% from \u20b912 Crore in the same quarter of the previous year.\u00a0 The Earnings per Share is \u20b93.12,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d95123a-ec7b-4315-9032-eb08380844df.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d95123a-ec7b-4315-9032-eb08380844df.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d95123a-ec7b-4315-9032-eb08380844df.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d95123a-ec7b-4315-9032-eb08380844df.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d95123a-ec7b-4315-9032-eb08380844df.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/8d95123a-ec7b-4315-9032-eb08380844df.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":146735,"url":"https:\/\/alphastreet.com\/india\/rategain-travel-technologies-q4fy23-results-out-revenue-grows-by-69\/","url_meta":{"origin":181060,"position":2},"title":"Rategain Travel Technologies Q4FY23 results out, revenue grows by 69%","author":"Chirag Gupta","date":"May 19, 2023","format":false,"excerpt":"RateGain Travel Technologies Ltd is the leading distribution technology company globally and the largest Software as a Service (SaaS) provider in the travel and hospitality industry in India. The firm offers travel and hospitality services across different verticals like hotels, airlines, online travel agents, meta-search companies, package providers, car rentals,\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":142780,"url":"https:\/\/alphastreet.com\/india\/rategain-travel-technologies-q3fy23-earnings\/","url_meta":{"origin":181060,"position":3},"title":"Rategain Travel Technologies Q3FY23 Earnings","author":"Karan_Singh","date":"February 10, 2023","format":false,"excerpt":"In India, the travel and hospitality sector\u2019s major Software as a Service (SaaS) supplier is\u00a0RateGain Travel Technologies Ltd, the world\u2019s top distribution technology business. The company provides travel and hospitality services in a variety of industries, including hotels, airlines, online travel agencies, meta-search businesses, package suppliers, car rental agencies, cruise\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-482986653.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-482986653.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-482986653.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":140995,"url":"https:\/\/alphastreet.com\/india\/rategain-travel-technologies-q3fy23-217-growth-in-profits\/","url_meta":{"origin":181060,"position":4},"title":"Rategain Travel Technologies Q3FY23; 217% Growth in Profits","author":"Karan_Singh","date":"February 10, 2023","format":false,"excerpt":"Rategain Travel Technologies Ltd.\u2019s revenue in Q3FY23 rose 77% to \u20b9 392 crores. Consolidated Profit After Tax came at \u20b9 22.55 crores in Q3FY23 showcasing a 1,779% rise on an YoY basis. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-RATEGAIN.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-RATEGAIN.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-RATEGAIN.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-RATEGAIN.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-RATEGAIN.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":143432,"url":"https:\/\/alphastreet.com\/india\/rategain-travel-technologies-can-it-travel-higher\/","url_meta":{"origin":181060,"position":5},"title":"RateGain Travel Technologies &#8211; Can it travel higher?","author":"Chirag Gupta","date":"March 28, 2023","format":false,"excerpt":"\u201cThe company has posted another quarter of well-rounded performance with healthy revenue growth, margin expansion and new contract wins. The team continues to deliver across key parameters leading to improvement in key metrics.\u201d \u2013 Tanmaya Das, Chief Financial Officer, RateGain Travel Technologies\u00a0 Stock data TickerRATEGAINExchangeBSE and NSEIndustryIT - Software Price\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-628133792.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-628133792.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-628133792.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/181060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2380"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=181060"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/181060\/revisions"}],"predecessor-version":[{"id":181061,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/181060\/revisions\/181061"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=181060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=181060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=181060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}