ZoomInfo Technologies Inc.

ZoomInfo Technologies Inc. reported a significant net loss of $(643.7) million for the second quarter of 2026, primarily due to a $650.5 million goodwill impairment charge. Revenue saw a modest increase of 1.2% to $310.4 million. The company also initiated a restructuring program in May 2026, impacting approximately 20% of its workforce and incurring $21.6 million in related charges during the quarter.

ZoomInfo Technologies Inc. announced its second quarter 2026 financial results, reporting GAAP Revenue of $310.4 million, a 1.2% increase year-over-year. The company posted a significant GAAP Operating loss of $622.0 million, primarily due to a $650.5 million goodwill impairment charge. Despite this, Adjusted operating income reached $110.0 million, and Unlevered free cash flow grew 7% to $107.3 million. ZoomInfo also highlighted strategic advancements with the launch of GTM.AI and expanded AI integrations, alongside capital allocation efforts including share and debt repurchases.

ZoomInfo Technologies Inc.'s Compensation Committee unanimously approved a performance-based cash bonus opportunity for Chief Financial Officer Michael Graham O’Brien. The target award value for this bonus is $500,000. The payout will range from 0% to 150% of the target, contingent on the company's achievement of fiscal year 2026 adjusted operating income goals.

ZoomInfo Technologies Inc. announced a restructuring program approved by its Board on May 5, 2026, to reduce operating costs and improve operating leverage. The program involves a global reduction in force of approximately 600 employees, impacting about 20% of the company's first-quarter headcount, with some roles being reallocated. The company expects to incur pre-tax charges of $45 million to $60 million, primarily for termination benefits, and anticipates annual run-rate operating expense reductions of approximately $60 million once fully implemented. The restructuring is expected to be substantially complete by the end of 2026.

ZoomInfo Technologies Inc. announced its first quarter 2026 financial results, reporting GAAP revenue of $310.2 million, a 1.5% year-over-year increase, and Adjusted Operating Income of $109.7 million. The company also increased its revolving credit commitments by $26 million to a total of $276 million under an amendment to its First Lien Credit Agreement. Despite repurchasing $90.5 million in shares, ZoomInfo reported a decrease in customers with over $100,000 in annual contract value and a net revenue retention rate of 90%, alongside a downward revision of its full-year 2026 GAAP Revenue guidance.