Xyte Posts Record New ARR Quarter, Names Andrew Gross CEO
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Hoboken – October 29, 2026 -- Xyte reported its largest quarter ever for new annual recurring revenue (ARR) in the three months ended September 30, with enterprise and enterprise-led activity accounting for 90% of new business.
Xyte's ARR rose 122% in the fiscal year ended June 30
The record September quarter followed a fiscal year in which the AI cloud platform's ARR grew 122% year over year. Xyte manages multi-vendor audiovisual (AV) and workplace devices. It said organizations are turning to the platform to run workplace technology across vendors and sites.
More system integrators than ever have also launched branded managed service platforms powered by Xyte. The company did not disclose absolute revenue figures or the number of dealers.