Nexxen Q4 adjusted EBITDA drops 23% to USD 33.9 million

Reuters03-04 20:32
Nexxen Q4 adjusted EBITDA drops 23% to USD 33.9 million

Nexxen reported Q4 2025 revenue of USD 100.7 million (-10%) and programmatic revenue of USD 94.3 million (-4%), with Contribution ex-TAC of USD 97.8 million (-7%). Q4 operating profit was USD 13.0 million (-47%) and adjusted EBITDA was USD 33.9 million (-23%), while diluted EPS was USD 0.18 (-50%). CTV revenue in Q4 was USD 30.1 million (-19%), representing 32% of programmatic revenue (vs. 38% in Q4 2024). Nexxen ended 2025 with USD 133.3 million in cash and cash equivalents, no long-term debt, and USD 50.0 million available under an undrawn revolving credit facility. For FY 2025, Nexxen posted revenue of USD 364.8 million (flat), programmatic revenue of USD 340.6 million (+5%), and Contribution ex-TAC of USD 353.1 million (+3%), alongside operating profit of USD 32.4 million (-21%) and adjusted EBITDA of USD 115.1 million (+1%). FY 2025 CTV revenue was USD 109.4 million (-4%). FY 2025 diluted EPS was USD 0.41 (-19%), and the Contribution ex-TAC retention rate was 92% (vs. 102% in 2024). Business updates included an extended and expanded partnership with V, granting Nexxen exclusive third-party video and native display monetization rights across V’s North American CTV media and exclusive global access to V’s ACR data through at least 2029. Nexxen also expanded adoption of its programmatic Smart TV home screen ad activation solution, now integrated across V-powered devices globally, and in Q1 2026 partnered with The Trade Desk and V to bring programmatic access to V-powered CTV OEM home screen inventory within The Trade Desk’s Ventura Ecosystem. Nexxen also signed a data licensing agreement with Yahoo DSP in Q4 2025, launched Nexxen Sports, and announced general availability of Curated Marketplace, while adding measurement and optimization features to Nexxen Health, including an “Auto Allocate” capability in the Nexxen DSP powered by PurpleLab. Nexxen guided FY 2026 Contribution ex-TAC of USD 375.0 million to USD 390.0 million and programmatic revenue of USD 367.0 million to USD 381.0 million, with adjusted EBITDA of USD 122.0 million to USD 132.0 million. The company said Q1 2026 Contribution ex-TAC and programmatic revenue to date have exceeded initial expectations. Nexxen repurchased 1.44 million shares in Q4 2025 for USD 10.8 million and had about USD 2.0 million remaining under its current USD 20.0 million authorization as of February 28, 2026, with approval for a new repurchase program of up to USD 40.0 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexxen International Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603040730PRIMZONEFULLFEED1001168059) on March 04, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment