New Zealand-based data technology company Blackpearl Group has achieved what it says was its strongest organic growth quarter to date with a 114 per cent year-on-year increase in annual recurring revenue. The company reported annual recurring revenue (ARR) of $23.7 million for the third quarter of its 2026 financial year, ending 31 December 2025 – up 22 per cent on the previous quarter. According to Blackpearl CEO Nick Lissette, the results reflected the company’s execution, not experimentation. We’re scaling faster because the platform is working, the products are landing and customers are buying at higher value,” he said. “This quarter puts us firmly on track toward $30 million ARR and into the phase where scale and efficiency start to compound,” he said.