comScore (SCOR) investor relations material

Executive summary

• Q2 2026 revenue was $79.2 million, down 11.3% year-over-year, primarily due to the Movies business divestiture and lower renewals in TV and digital products.

• Net loss for Q2 2026 was $14.8 million, compared to $9.5 million in Q2 2025, reflecting higher operating expenses and a $2.7 million loss on divestiture.

• Adjusted EBITDA for Q2 2026 was $1.3 million (1.7% margin), down from $8.9 million (10.0% margin) in Q2 2025.

• Completed the sale of the Movies business for $70 million, enabling full repayment of $40.1 million in senior debt and reducing annual interest and principal payments by $7 million.

• Launched a new ROI-focused operating model and realignment plan, including workforce reductions and cost optimization, with a new CEO appointed in May 2026.

Financial highlights

• Q2 2026 revenue: $79.2 million (down from $89.4 million in Q2 2025); six-month revenue: $164.6 million (down from $175.1 million in 2025).

• Net loss for Q2 2026: $14.8 million; net loss margin: 18.7%.

• Adjusted EBITDA margin for Q2 2026 was 1.7%, down from 10.0% in Q2 2025.

• Core operating expenses decreased 2.8% year-over-year, mainly due to lower employee compensation.

• Cash and equivalents at June 30, 2026: $28.7 million.

Outlook and guidance

• Full-year 2026 revenue expected between $315 million and $325 million, with adjusted EBITDA margin projected in the low- to mid-single digits.

• Annual run-rate cost savings from the realignment plan estimated at $20–$25 million, with $7–$9 million in one-time costs, mostly incurred by end of 2026.

• No near-term growth anticipated due to the Movies divestiture and ongoing transformation; plan to enter 2027 with a leaner, more flexible cost model.

• Management expects continued softness in the advertising market to impact results for the remainder of 2026.