Tracxn's Q2 FY26 results: Revenue barely moved, losses shot up
Tracxn, the Bengaluru-based data platform, just shared its Q2 FY26 results—and it's a bit of a mixed bag.
While revenue barely moved (down 1% to ₹21.24 crore), the company's losses shot up by nearly 20%.
The main culprit? Rising employee costs and overall spending.
Employee costs push Tracxn into bigger loss
Employee benefits made up a whopping 87% of Tracxn's expenses and rose to ₹19 crore this quarter. Overall costs climbed too, pushing total expenses to ₹21.86 crore.
Even though revenue for the first half of the year edged up slightly, profits are slipping—the company went from a small profit last quarter to a bigger net loss this time.
Tracxn's share price and market cap
As of November 5, Tracxn's shares were at ₹52.61 with a market value around ₹559 crore ($63 million).
With investors keeping an eye on these growing losses and flat growth, all eyes are on how Tracxn plans to steady the ship in upcoming quarters—especially if it wants to win back confidence and stay relevant in the tech space.