Tropic Grows Bookings 79% YoY, Saves Customers $33M in H1 2026, and Deepens Its Reach Inside Claude and ChatGPT

As AI spend adds a new layer of complexity to technology budgets, more finance and procurement teams are turning to Tropic for intelligence that's been tested in real negotiations

NEW YORK, July 28, 2026 — Tropic, the intelligent procurement solution for modern software buyers, today announced one of its strongest quarters to date. Bookings grew 79% YoY in Q2 2026 and customer usage of Tropic's Claude and ChatGPT integration continued to climb. The company also saved customers more than $33 million in the first half of the year and extended its reach through a new partnership with Omnea.

The quarter in numbers:

• 79% year-over-year bookings growth in Q2 2026
• Enterprise customer base grew more than 40% YoY, with Enterprise Insight consumption more than tripling over the same period
• 63% of Tropic customers now have multiple people using Tropic inside Claude and ChatGPT, and 80% return to it repeatedly
• $33M+ saved for customers in H1 2026, including seven-figure renewals with Stripe and Glean
• $23 billion+ in spend under management

Bookings Grow 79% as Procurement Teams Look for Real Leverage

Tropic's growth comes as finance and procurement teams face two pressures at once: software budgets that keep expanding and AI costs that are harder to predict than traditional SaaS spend. Tropic now manages more than $23 billion in customer spend, giving the company one of the largest datasets of real, negotiated software and AI pricing in the market. Tropic’s growth is increasingly driven by larger organizations. Its enterprise customer base grew more than 40% year over year, and enterprise use of its pricing benchmarks and negotiation insights more than tripled.

"79% growth doesn't come from bigger budgets. It comes from customers expanding once the ROI is proven, and from more and more enterprises trusting us with their techstack because the intelligence holds up," said Russell Lester, President and CFO of Tropic. "We’re building Tropic to live where you live, not to make teams change how they work. Once an enterprise sees the data is right, they bring us further upmarket."

Tropic's Intelligence Is Becoming a Daily Habit Inside Claude and ChatGPT

Tropic's MCP puts real-time price benchmarks, negotiation intelligence, and contract data directly inside Claude and ChatGPT, so finance and procurement teams can get answers without leaving the tools they already use. 

In Q2, that usage deepened: 63% of Tropic customers now have multiple people using Tropic inside Claude and ChatGPT, and 80% of users come back to it again and again, rather than trying it once and moving on.

“When 63% of a customer’s team is using something, and 80% of them keep coming back, that’s not a feature people tried once. That’s a habit,” said Justin Etkin, Co-Founder and COO of Tropic. “Procurement intelligence is starting to work the way people already work: inside Claude, inside ChatGPT, without a new tab or a new login.”

New Partnership Extends Tropic's Reach Into Omnea

In Q2, Tropic also launched a partnership with Omnea, bringing Tropic’s market-leading price benchmark data directly into Omnea AI. The partnership follows the same logic behind Tropic's Claude and ChatGPT integrations: meet finance and procurement teams inside the tools they already use, rather than asking them to adopt a new one.

Customers Saved Over $33 Million in the First Half of 2026

Tropic saved customers more than $33 million in H1 2026. In Q2 that included a run of large renewal and purchase wins across a range of suppliers:

• $1.2 million on a Stripe renewal
• $791,000 on a Stripe renewal
• $567,000 on a Glean renewal
• $548,000 on a PredictHQ purchase
• $504,000 on a Wiz renewal
• $493,000 on a Recurly renewal
• $246,000 on a 6Sense renewal
• $180,000 on a Gem purchase
• $173,000 on a ServiceNow renewal
• $167,000 on an Informatica upgrade

About Tropic

Tropic is an intelligent procurement partner for modern software buyers, helping companies save money and move faster through real-time intelligence, expert support, and agentic execution. With $23 billion in spend under management, $425 million in customer savings delivered, and intelligence drawn from 100,000+ completed negotiations, Tropic is where technology becomes a buyer's market. Learn more at tropicapp.io and follow us on LinkedIn.