comScore (SCOR) investor relations material

Executive summary

• Revenue for Q1 2026 was $85.3 million, nearly flat year-over-year, with a net loss of $6.2 million compared to a $4.0 million loss in Q1 2025, reflecting a shift from traditional measurement to cross-platform and Local TV solutions.

• Content & Ad Measurement revenue remained stable, while Research & Insight Solutions saw a 2.7% decline due to lower custom digital product deliveries.

• Operating cash flow improved to $12.5 million from $9.1 million year-over-year.

• The company completed a major recapitalization in late 2025, exchanging Series B Preferred Stock for Series C and common shares, eliminating dividend rights and reducing leverage.

• Adjusted EBITDA was $5.0 million, down from $7.4 million in Q1 2025, with a margin of 5.9% compared to 8.6%.

Financial highlights

• Q1 2026 revenue: $85.3 million (down 0.5% year-over-year).

• Net loss: $6.2 million, or $(0.41) per share, compared to $(1.66) per share in Q1 2025.

• Gross margin: 37.9% in Q1 2026, down from 39.6% in Q1 2025.

• Operating expenses increased slightly, with higher selling, marketing, systems, bandwidth, and professional fees offset by lower R&D and G&A expenses.

• Cash, cash equivalents, and restricted cash at quarter-end: $25.1 million.

Outlook and guidance

• Management expects continued softness in the advertising market to impact results through 2026 but remains optimistic about cross-platform growth and aims to establish the company as the standard for modern measurement.

• Approximately $160 million in remaining performance obligations, with 50% expected to be recognized in 2026.

• An investor call is scheduled on or before May 29, 2026, to provide further updates and outlook.