Quarterly ResultApr 29, 2026, 06:13 AM
CLVT Q1 Revenue $585.5M; Adj. EPS $0.18; Reaffirms 2026 Outlook
AI Summary
Clarivate Plc reported Q1 2026 results, with total revenues of $585.5 million and an adjusted net income of $119.3 million, or $0.18 adjusted diluted EPS. The company reduced debt by $143 million and reaffirmed its full-year 2026 financial outlook, including expectations for margin expansion and approximately $400 million of free cash flow. The Value Creation Plan is noted for delivering accelerated organic revenue growth and strengthening performance.
Key Highlights
- Q1 2026 total revenues were $585.5M, a 1.4% decrease YoY, but organic revenues improved 0.6%.
- Net loss improved to $(40.2)M from $(103.9)M YoY, while Adjusted Net Income rose 24.5% to $119.3M.
- Adjusted diluted EPS increased 28.6% to $0.18 from $0.14 in Q1 2025.
- Adjusted EBITDA grew 3.4% to $241.2M.
- Generated $78.9M in free cash flow, down from $110.3M YoY.
- Reduced total debt by $143.1M, including a $100M accelerated repayment.
- Organic ACV increased 1.6% and organic subscription revenue grew 1.7%.
- Reaffirmed full-year 2026 outlook, including $2.30B-$2.42B in revenues and $365M-$435M in free cash flow.