Business UpdateJun 16, 2026, 07:31 AM
Nexxen Raises 2026 Revenue Guidance to $385-400M ex-TAC
AI Summary
Nexxen International Ltd. announced an increase in its full-year 2026 Contribution ex-TAC and programmatic revenue guidance, reflecting strong business momentum and confidence in its strategy. The company now expects Contribution ex-TAC in the range of $385-$400 million and programmatic revenue between $377-$391 million. Adjusted EBITDA guidance remains unchanged at $122-$132 million, as the company continues strategic investments in growth initiatives like AI, CTV, and mobile in-app. Nexxen's CEO highlighted continued strength in key growth areas, including over 20% year-over-year CTV revenue growth and over 15% mobile revenue growth expected in Q2.
Key Highlights
- Increased full-year 2026 Contribution ex-TAC guidance to $385-$400 million (previously $382-$397 million).
- Increased full-year 2026 programmatic revenue guidance to $377-$391 million (previously $374-$388 million).
- Maintained full-year 2026 Adjusted EBITDA guidance at $122-$132 million.
- Contribution ex-TAC guidance represents approximately 11% year-over-year growth at the midpoint.
- Programmatic revenue guidance represents approximately 13% year-over-year growth at the midpoint.
- Adjusted EBITDA margin expected to be 32% on a Contribution ex-TAC basis at the midpoint.
- Expected Q2 CTV revenue growth of more than 20% year-over-year.
- Expected Q2 mobile revenue growth of more than 15% year-over-year.
Price Impact
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