Q1 26 EPS
$0.06
MISS 12.15%
Est. $0.07
Q1 26 Revenue
$86.8M
BEAT +12.68%
Est. $77.1M
vs S&P Since Q1 26
+38.3%
BEATING MARKET
NEXN +42.0% vs S&P +3.7%
Market Reaction
Did NEXN Beat Earnings? Q1 2026 Results
Nexxen International delivered a mixed but largely encouraging first quarter for 2026, posting revenue of $86.84 million, up 11% year-over-year, and non-IFRS diluted EPS of $0.06, while the company characterized results as ahead of consensus estimate… Read more Nexxen International delivered a mixed but largely encouraging first quarter for 2026, posting revenue of $86.84 million, up 11% year-over-year, and non-IFRS diluted EPS of $0.06, while the company characterized results as ahead of consensus estimates. The headline growth, however, masked a meaningful profitability squeeze: IFRS operating loss widened to $4.86 million from operating profit of $3.45 million a year ago, and adjusted EBITDA fell 30% to $16.27 million, as deliberate investment in AI infrastructure, CTV, and mobile in-app capabilities drove expenses sharply higher. Programmatic business, now representing 94% of total revenue, continued to lead the way, with CTV revenue climbing 12% to $29.40 million and a Unity SDK integration accelerating mobile in-app momentum. The spending-heavy quarter has drawn investor attention to whether margin recovery can materialize, though Nexxen moved to reassure markets by raising its full-year 2026 Contribution ex-TAC guidance to $382 million to $397 million while reaffirming adjusted EBITDA guidance of $122 million to $132 million, noting that quarter-to-date Q2 results have already exceeded initial expectations.
Key Takeaways
- • Programmatic revenue growth of 14% YoY driven by accelerating enterprise adoption and end-to-end platform utilization
- • CTV revenue growth of 12% YoY supported by Nexxen TV Home Screen adoption across major DSPs and CTV OEMs
- • Programmatic revenue mix increased to 94% of total revenue from 92% in Q1 2025
- • Revenue mix shift with video representing 65% of programmatic revenue vs 75% in Q1 2025, indicating diversification
NEXN YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
NEXN Revenue by Segment
With YoY comparisons, source: SEC Filings
“We delivered a strong start to 2026, with record Q1 results ahead of consensus estimates and continued strength to this point in Q2, enabling us to raise our full-year Contribution ex-TAC and programmatic revenue guidance. The strategy we adopted is generating results, with revenue mix improving and growth accelerating across our core programmatic business lines.”
— Ofer Druker, Q1 2026 Earnings Press Release
NEXN Earnings Trends
NEXN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
NEXN EPS Trend
Earnings per share: estimate vs actual
NEXN Revenue Trend
Quarterly revenue: estimate vs actual
NEXN Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT Includes $1.323 million in restructuring charges related to the wind-down of RhythmInfluence, and $5.890 million in amortization of acquired intangibles, partially offset by a $1.910 million tax benefit from non-IFRS adjustments | $0.21 | $0.23 | +7.33% | $100.5M | +5.66% |
| Q1 26 MISS | $0.07 | $0.06 | -12.15% | $86.8M | +12.68% |
| Q4 25 BEAT FY | $0.31 | $0.33 | +6.93% | $100.7M | +0.32% |
| FY Full Year | $0.95 | $0.98 | +2.95% | $364.8M | +2.47% |
| Q3 25 MISS | $0.22 | $0.20 | -8.51% | $94.8M | +2.78% |
| Q2 25 BEAT | $0.20 | $0.29 | +47.43% | $90.9M | +3.86% |
| Q1 25 | $0.05 | — | — | — | — |