Nexxen International

Nexxen International (NEXN) Q2 2025 Earnings

Reported Aug 13, 2025 at 8:45 AM ET · SEC Source

Q2 25 EPS

$0.29

BEAT +47.43%

Est. $0.20

Q2 25 Revenue

$90.9M

BEAT +3.86%

Est. $87.6M

vs S&P Since Q2 25

-15.2%

TRAILING MARKET

NEXN +5.1% vs S&P +20.3%

Market Reaction

Did NEXN Beat Earnings? Q2 2025 Results

Nexxen International turned in a standout second quarter, beating Wall Street on both the top and bottom lines as accelerating programmatic adoption and record profitability metrics underscored the strength of its unified ad tech platform. The compan… Read more Nexxen International turned in a standout second quarter, beating Wall Street on both the top and bottom lines as accelerating programmatic adoption and record profitability metrics underscored the strength of its unified ad tech platform. The company posted non-IFRS diluted EPS of $0.29, clearing the $0.20 consensus by 47.43%, while revenue of $90.95 million edged past the $87.57 million estimate by 3.86% and rose 2.7% year over year. The clearest driver behind the margin outperformance was the continued shift toward higher-value programmatic channels, with programmatic revenue climbing 8% to $85.00 million and representing 93% of total revenue, up from 89% a year earlier; Adjusted EBITDA expanded 12% to $29.90 million, pushing the margin to 34% of Contribution ex-TAC. Looking ahead, Nexxen reaffirmed full-year 2025 guidance of approximately $380.00 million in Contribution ex-TAC and approximately $125.00 million in Adjusted EBITDA, while also seeking shareholder approval for a new $20.00 million buyback program alongside a $35.00 million incremental investment in VIDAA to deepen its North American CTV footprint through at least 2029.

Key Takeaways

  • Increased data and tech licensing revenue driving Q2 results
  • Programmatic revenue increased to 93% of total revenue from 89% in Q2 2024
  • Adjusted EBITDA margin expanded to 34% of Contribution ex-TAC from 32% YoY
  • Record Q2 Contribution ex-TAC, programmatic revenue and CTV revenue
24/7 Wall St

NEXN YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

24/7 Wall St

NEXN Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q2 26

“We achieved strong Q2 results driven by increased data and tech licensing revenue, highlighting the resilience and diversity of our end-to-end platform's offerings. Our execution has enabled us to effectively manage market volatility while advancing initiatives that position us for long-term success. The launch of nexAI has enhanced our differentiation while increasing performance across our platform and streamlining operations. Our sustained investments in future growth and integrating advanced advertising technology, AI and data are paying off, reinforcing our position as a strategic platform of choice and redefining what customers demand from their technology partners.”

— Ofer Druker, Q2 2025 Earnings Press Release