Quarterly ResultMay 14, 2026, 05:02 PM
Inuvo Q1 Net Income $1.9M, EPS $0.13; Revenue $7.9M
AI Summary
Inuvo, Inc. reported a net income of $1.9 million, or $0.13 per diluted share, for Q1 2026, a significant improvement from a net loss of $1.3 million in Q1 2025. This turnaround occurred despite a substantial decrease in net revenue to $7.9 million from $26.7 million year-over-year, reflecting a strategic shift towards higher-margin AI-driven Audience Modeling. The company also received $6.2 million from a class action settlement and issued a $3.0 million convertible note, contributing to positive cash flow from operations and improved liquidity.
Key Highlights
- Q1 2026 net income was $1.9 million, up from a net loss of $1.3 million in Q1 2025.
- Diluted EPS for Q1 2026 was $0.13, compared to $(0.09) in Q1 2025.
- Net revenue decreased to $7.9 million in Q1 2026 from $26.7 million in Q1 2025.
- Gross profit for Q1 2026 was $3.7 million, down from $21.1 million in Q1 2025.
- Net cash provided by operating activities was $1.6 million in Q1 2026, compared to $(0.4) million used in Q1 2025.
- Received $6.2 million from a class action settlement in January 2026.
- Issued a $3.0 million subordinated convertible note in January 2026.
- Repaid $3.3 million on the Financing Agreement, with a $0 outstanding balance as of March 31, 2026.
- Audience Modeling revenue increased to 42.9% of total revenue in Q1 2026 from 11.3% in Q1 2025.
Price Impact
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