Amagi reports 30% revenue growth as profit turns positive
May 22, 2026 11.14 Europe/London By Julian Clover


Amagi Media Labs reported revenue growth of 29.5% for FY26 as the cloud-native media technology company moved into profit.

Revenue for the year ended March 31, 2026 rose to ₹1,506 crore (€161 million), driven by customer expansion and increased adoption of cloud-based streaming and broadcast workflows.

Adjusted EBITDA increased more than 6-fold to ₹156 crore, while profit after tax improved to ₹72 crore, compared with a loss of ₹69 crore in FY25.

Net revenue retention stood at 125.9%, while the number of customers generating more than $1 million in annual revenue increased from 28 to 35.

In Q4 FY26, revenue grew 28.5% year-on-year to ₹397 crore, adjusted EBITDA reached ₹40 crore, and profit after tax was ₹34 crore.

Amagi said it ended the year with cash, investments and bank balances of ₹1,664 crore, supporting investment in platform innovation, AI capabilities and selective acquisitions.

Baskar Subramanian, managing director and CEO, said FY26 was “a defining year” for Amagi, marking its first full year as a public company and a wider industry shift towards cloud-native media and AI-driven operations.

He said early momentum around NEWSPULSE and other AI initiatives supported Amagi’s view that AI-driven operational layers would become foundational to modern media.