MARLBOROUGH, MASS. -- ExaGrid®, the industry’s only Tiered Backup Storage solution with Retention Time-Lock (RTL) that includes a non-network-facing tier (creating a tiered air gap), delayed deletes and immutability for ransomware recovery, announced that it continues to grow and drive Free Cash Flow (FCF) and EBITDA.

The company is having another record bookings and revenue year and was Free Cash Flow positive, P&L positive, and EBITDA positive for its 19th consecutive quarter. ExaGrid added 164 new customers in the quarter. ExaGrid has continued to have over 70% of its new logo customer bookings come from six- and seven-figure purchase orders and in Q3, 40% of the new customer count was from six- and seven-figure deals.

ExaGrid now has more than 4,800 active upper mid-market to large enterprise customers that use ExaGrid Tiered Backup Storage to store and protect their data. ExaGrid’s customer retention rate remains very high, creating a strong existing customer repeat business.

ExaGrid supports more than 25 backup applications and utilities including: Rubrik, Veeam, Commvault, NetBackup, HYCU, Mongo DB, Oracle RMAN direct, SQL Dumps direct and many others. Earlier this year, ExaGrid also announced that it will support Cohesity DataProtect in the first half of 2026.

ExaGrid is a financially strong company generating positive cash each quarter and with zero debt of any kind. ExaGrid is the largest independent backup storage vendor in the world.