Riskified revenue accelerates 41% to $115.2 million in Q3

Riskified (NYSE:RSKD) reported third-quarter 2026 revenue of US$115.2 million, up 41% year-over-year, marking its strongest revenue growth since its initial public offering.

Revenue growth accelerated from 22% in the second quarter, supported by new merchant additions and increased purchases of additional products by existing customers.

Billings in the Digital Finance category increased more than 300% year-over-year, while Electronics, General and Home collectively grew 12%, and the company introduced new AI agent identity risk capabilities and a partnership with Zendesk.

Riskified generated record free cash flow of US$15.2 million and ended September with approximately US$235 million in cash, deposits and investments and no debt, while raising its financial outlook for the third time in 2026.

Riskified develops artificial intelligence-powered fraud detection and risk intelligence software that helps online merchants assess transactions, identify suspicious activity and manage payment risks.

The company also expanded internationally, with eight of its ten largest new merchant additions headquartered outside the United States, and introduced technology designed to identify AI agents making purchases or submitting customer service requests.