For the third quarter of the fiscal year ending November 2026, consolidated revenue expanded to 46,908 hundred million yen and ARR to 48,645 hundred million yen. Adjusted EBITDA was 9,896 hundred million yen, and operating income turned positive to 1,686 hundred million yen. Full-year revenue is expected to be 60,500\u201362,300 hundred million yen, adjusted EBITDA 49,742\u201352,505 hundred million yen, and net income attributable to owners of parent is projected at -3,200 to -700 hundred million yen.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3994","jir_company_name":"Money Forward, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/3994-20261015-02.pdf","jir_short_summary":"For the third quarter of the fiscal year ending November 2026, consolidated revenue expanded to 46,908 hundred million yen and ARR to 48,645 hundred million yen. Adjusted EBITDA was 9,896 hundred million yen, and operating income turned positive to 1,686 hundred million yen. Full-year revenue is expected to be 60,500\u201362,300 hundred million yen, adjusted EBITDA 49,742\u201352,505 hundred million yen, and net income attributable to owners of parent is projected at -3,200 to -700 hundred million yen.","jir_summary":"### Summary of Performance\nIn the third quarter of the fiscal year ending November 2026, revenue rose significantly to 46,908 hundred million yen compared with the same period last year. SaaS ARR reached 48,645 hundred million yen, driven by ARR growth centered on the Business segment. Adjusted EBITDA was 9,896 hundred million yen, and operating income turned positive to 1,686 hundred million yen. Overall, the company maintained solid growth, and segment-level ARR expansion contributed to overall profit improvement.\n\n### Outlook and Capital Investment\nFull-year revenue is forecast at 60,500\u201362,300 hundred million yen, adjusted EBITDA at 49,742\u201352,505 hundred million yen, and net income at -3,200 to -700 hundred million yen. New investments will continue to focus on the Business segment, emphasizing improvements in CAC payback and accumulation of net new ARR. Investments will continue to be financed with internal funds and borrowings.","jir_financial_highlights":"Revenue: 46,908 hundred million yen (Year-over-Year (YoY) 32.9% increase)\nSaaS ARR: 48,645 hundred million yen (Year-over-Year (YoY) 29.7% increase)\nAdjusted EBITDA: 9,896 hundred million yen (YoY unknown (prior year same period: 3,338 hundred million yen))\nOperating Income: 1,686 hundred million yen (Converted from an operating loss of 1,979 hundred million yen in the same period last year \u2192 turned profitable)\nNet Income Attributable to Owners of Parent (Quarter): 498 hundred million yen (Loss of 3,384 hundred million yen in the same period last year)","jir_category":"","jir_hashtags":"#MoneyForward, #Earnings, #ARRGrowth","jir_key_figures":"Revenue: 46,908 hundred million yen\nSaaS ARR: 48,645 hundred million yen\nAdjusted EBITDA: 9,896 hundred million yen","jir_meta_title":"Money Forward, Inc. Q3 Results for Fiscal Year Ending November 2026 | ARR Expansion and Return to Profitability","jir_meta_description":"Money Forward, Inc. Q3 results for the fiscal year ending November 2026: revenue 46,908 hundred million yen, SaaS ARR 48,645 hundred million yen. Full-year outlook: revenue 60,500\u201362,300 hundred million yen, adjusted EBITDA 49,742\u201352,505 hundred million yen, net income -3,200 to -700 hundred million yen. Analysis of investment policy and outlook.","jir_og_title":"Money Forward, Inc. | Key Points of Q3 Results for Fiscal Year Ending November and Outlook","jir_og_description":"Money Forward, Inc. Q3 results for the fiscal year ending November: ARR growth and return to profitability, with commentary on full-year outlook and investment policy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025-11\\\",\\\"2026-02\\\",\\\"2026-05\\\",\\\"2026-08\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[35306495,46908746,?,?],\\\"borderColor\\\":\\\"#4e79a7\\\",\\\"fill\\\":false}]}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025-11\\\",\\\"2026-02\\\",\\\"2026-05\\\",\\\"2026-08\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[-1979578,1686378,?,?],\\\"borderColor\\\":\\\"#f28e2b\\\",\\\"fill\\\":false}]}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Revenue Breakdown\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Business\\\",\\\"Home\\\",\\\"X\\\",\\\"Finance\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[24943045,3982215,2270874,892995],\\\"backgroundColor\\\":[\\\"#4e79a7\\\",\\\"#f28e2b\\\",\\\"#e15759\\\",\\\"#76b7b2\\\"]}]}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Gross Margin and Profit Ratio Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025-11\\\",\\\"2026-08\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Gross Margin Ratio\\\",\\\"data\\\":[,],\\\"borderColor\\\":\\\"#59a14f\\\",\\\"fill\\\":false}]}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Full-Year Forecast vs. Actual Comparison\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":{}}\"}]","ir_related_company":8834,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-131462","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n