Companies /Communication Services

Nexxen International Ltd

NASDAQ: NEXN Advertising Agencies
$9.56
▼ $0.05 (−0.52%) today
Markets closed · 7:15pm ET

Q2 2025 Earnings

Reported Aug 13, 2025, 8:45am ET · SEC source
$0.29
Beat +47.43%
EPS · est. $0.20
$90.9M
Beat +3.86%
Revenue · est. $87.6M
−5.0%
Trailing market
NEXN vs S&P since report
1 quarter
Consecutive EPS beats

Market Reaction

% change · around the report
−4%0+4%+8%Aug 13Aug 14report 8:45am ETearnings+0.1%−3.4%
−4%0+4%+8%Aug 13Aug 14earnings+0.1%−3.4%
NEXN −3.4%S&P 500 +0.1%
−4%0+4%+8%Aug 13Aug 14report 8:45am ETearnings−0.3%−3.4%
−4%0+4%+8%Aug 13Aug 14earnings−0.3%−3.4%
NEXN −3.4%NASDAQ −0.3%
−8%−4%0Aug 12Aug 21report 8:45am ETearnings−1.4%−7.3%
−8%−4%0Aug 12Aug 21earnings−1.4%−7.3%
NEXN −7.3%S&P 500 −1.4%
−8%−4%0Aug 12Aug 21report 8:45am ETearnings−3.3%−7.3%
−8%−4%0Aug 12Aug 21earnings−3.3%−7.3%
NEXN −7.3%NASDAQ −3.3%
+1.64%
Day of report
−5.76%
Next session
−6.97%
One week
−2.53%
30 days

S&P 500 over the same 30 days: +2.48%.

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 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

“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.”

Nexxen International CEO, on the earnings call

Forward Guidance & Outlook

Nexxen reaffirmed its full-year 2025 financial guidance: Contribution ex-TAC of approximately $380 million, programmatic revenue reflecting approximately 90% of total revenue, and Adjusted EBITDA of approximately $125 million. The company acknowledged macroeconomic uncertainty from tariffs, evolving U.S. trade policies, and geopolitical tensions extending from Q2 into Q3 but expressed confidence in guidance based on spending trends observed thus far in Q3 and growing enterprise relationships, self-service adoption, and data/technology licensing revenue. Management expects continued investment in technology, data, and generative AI to enhance performance and drive Adjusted EBITDA margin expansion in 2026 and beyond. The company also plans to invest in talent across commercial and media teams and explore smaller strategic acquisitions to expand its data footprint, AI capabilities, and market presence.

NEXN YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$30.0M$60.0M$90.0M$88.6M$90.9MRevenue$57.5M$66.4MGross Profit$7.8M$8.7MOperating Income$2.9M$8.7MNet Income
$0$30.0M$60.0M$90.0MRevenueGross ProfitOperating IncomeNet Income

NEXN Revenue by Segment

Programmatic Revenue$85.0M+8.0%
CTV Revenue$28.4M+1.0%

Figures from SEC filings and company reports. Not investment advice.