Quarterly ResultAug 12, 2026, 08:32 AM
Nexxen Q2 Contribution ex-TAC $97.8M; Raises FY26 Guidance
AI Summary
Nexxen International Ltd. reported record second quarter 2026 financial results, with Contribution ex-TAC up 11% to $97.8 million and programmatic revenue up 12% to $95.2 million. The company also achieved an all-time record quarterly CTV revenue of $37.8 million, a 33% increase year-over-year. Following this strong performance, Nexxen raised its full-year 2026 Contribution ex-TAC and programmatic revenue guidance for the third time this year, while reaffirming its Adjusted EBITDA guidance. Strategic advancements in nexAI, leadership adjustments, and the wind-down of its RhythmInfluence business were also highlighted.
Key Highlights
- Q2 Contribution ex-TAC reached a record $97.8 million, up 11% year-over-year.
- Q2 programmatic revenue hit a record $95.2 million, increasing 12% year-over-year.
- All-time record quarterly CTV revenue was $37.8 million, a 33% year-over-year increase.
- Full-year 2026 Contribution ex-TAC guidance raised to $388-$402 million.
- Full-year 2026 programmatic revenue guidance raised to $380-$393 million.
- Q2 Adjusted EBITDA was $27.6 million, representing a 28% margin on Contribution ex-TAC.
- Advanced nexAI through Model Context Protocol (MCP) and Agent-to-Agent (A2A) interoperability.
- Initiated strategic wind-down of RhythmInfluence, its non-programmatic influencer marketing business.
Price Impact
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