ExaGrid®, the industry’s only Tiered Backup Storage solution with AI-Powered Retention Time-Lock (RTL) and a non-network-facing tiered air gap, has closed fiscal year 2025 with exceptional financial and operational performance. The company reported record bookings and revenue in Q4 2025, alongside a record full year, reinforcing its position as a trusted leader in enterprise data backup and ransomware recovery.
Most notably, ExaGrid achieved its 20th consecutive quarter of positive P&L, EBITDA, and free cash flow, while remaining 100% debt-free—a rare combination in the data storage and cybersecurity landscape.
Record-Breaking Q4 2025 Highlights ExaGrid’s Market Momentum
The fourth quarter of 2025 marked one of the strongest periods in ExaGrid’s history. The company set multiple internal records, reflecting growing demand for secure, scalable backup storage solutions across the upper mid-market and large enterprise segments.
Key Q4 2025 Achievements
- Record overall revenue and bookings
- Record revenue and bookings from both new customers and repeat orders
- 202 new logo customers added in a single quarter
- 88 six-figure and three seven-figure new customer deals
- Competitive win rate exceeding 70%
ExaGrid also replaced a record number of Dell Data Domain appliances during the quarter, underscoring its competitive differentiation in performance, scalability, and ransomware resilience.
Sustained Growth and Global Expansion Drive FY 2025 Success
Beyond Q4, ExaGrid delivered a record year for bookings and revenue in 2025, fueled by expanding global reach and increasing enterprise trust. The company is on track to surpass 5,000 active installed customers in early 2026, with organizations relying on ExaGrid Tiered Backup Storage daily to protect mission-critical data.
ExaGrid now supports:
- Sales and support teams in 30+ countries
- Customer installations across 80+ countries
- Over 50% of revenue generated outside the United States
The solution integrates seamlessly with more than 25 backup applications, including Veeam, Rubrik, Commvault, NetBackup, Oracle RMAN, and Cohesity (Q2 2026), making it a versatile and future-ready backup target.
Innovation in Ransomware Recovery and MSP Enablement
In Q4 2025, ExaGrid released Version 7.4.0, introducing its AI-Powered Retention Time-Lock with Auto Detect & Guard. This innovation strengthens data immutability, delayed deletes, and ransomware recovery—key priorities in modern cybersecurity and data protection strategies.
The release also delivered enhanced capabilities for Managed Service Providers (MSPs), including:
- Per-customer data usage tracking for accurate billing
- Isolated, customer-specific ransomware recovery
These enhancements further reinforce ExaGrid’s appeal among service providers managing complex, multi-tenant environments.
Industry Recognition Validates ExaGrid’s Leadership
ExaGrid’s innovation and execution were widely recognized in 2025. In December alone, the company won:
- Backup & DR Innovation of the Year
- Storage Hardware Innovation of the Year
- Storage Vendor of the Year
These awards contributed to a total of nine industry honors across major global programs, validating ExaGrid’s leadership in secure enterprise backup storage.
Positioned for Continued Double-Digit Growth in 2026
Commenting on the results, President and CEO Bill Andrews highlighted ExaGrid’s financial discipline, global channel expansion, and architectural differentiation. With new global systems integrator partnerships underway and increasing replacement of traditional deduplication appliances, ExaGrid enters 2026 positioned for double-digit top-line growth.
About ExaGrid
ExaGrid provides Tiered Backup Storage with a unique disk-cache Landing Zone, long-term retention repository, scale-out architecture, and comprehensive security features, including AI-Powered Retention Time-Lock to recover from a ransomware attack. ExaGrid’s Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The Repository Tier offers the lowest cost for long-term retention. ExaGrid’s scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift upgrades and planned product obsolescence. ExaGrid offers the only two-tiered backup storage approach with a non-network-facing tier (tiered air gap), delayed deletes, and immutable objects to recover from ransomware attacks.
ExaGrid has physical sales and pre-sales systems engineers in the following countries: Argentina, Australia, Austria, Benelux, Brazil, Canada, Chile, CIS, Colombia, Czech Republic, France, Germany, Hong Kong, India, Israel, Italy, Japan, Mexico, Nordics, Poland, Portugal, Qatar, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Switzerland, Turkey, United Arab Emirates, United Kingdom, United States, and other regions.
