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Comscore Reports Second Quarter 2026 Results

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Comscore (Nasdaq: SCOR) reported second quarter 2026 revenue of $79.2 million, down 11.3% from $89.4 million a year earlier, including $6.2 million from its now‑divested Movies business. Net loss widened to $14.8 million versus $9.5 million, while adjusted EBITDA fell to $1.3 million from $8.9 million.

The company completed the sale of its Movies business for $70 million in cash and used proceeds to fully repay $40.1 million under its senior secured credit facility, leaving only finance lease obligations. For full‑year 2026, Comscore guides revenue to $315–$325 million and expects low‑to‑mid single‑digit adjusted EBITDA margins, supported by an announced realignment plan targeting $20–$25 million in annual run‑rate cost savings.

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Positive

  • Movies business divested for $70 million cash, completed in Q2 2026
  • $40.1 million senior secured debt fully repaid, terminating Blue Torch credit facility
  • Interest expense down to $1.0 million from $1.6 million year over year in Q2
  • Realignment plan targeting $20–$25 million annual run‑rate cost savings
  • 2026 revenue outlook maintained at $315–$325 million
  • Q2 2026 adjusted EBITDA positive at $1.3 million, despite restructuring and divestiture impacts

Negative

  • Q2 2026 revenue down 11.3% year over year to $79.2 million
  • Content & Ad Measurement revenue declined 11.7%, impacted by Movies divestiture and weaker TV/digital performance
  • Net loss widened to $14.8 million from $9.5 million in Q2 2025
  • Adjusted EBITDA margin compressed to 1.7% from 10.0% a year earlier
  • Research & Insight Solutions revenue fell 9.2% year over year
  • Company does not anticipate near‑term growth in 2026 following Movies divestiture and transformation

News Explained

The sale had a $70.0 million base purchase price subject to adjustments; net proceeds were reported as $55,740 thousand.

The completed Movies sale funded a May 27, 2026 repayment that terminated Comscore's senior secured term loan, revolving facility, security interests and related financing obligations; remaining debt at June 30, 2026 consisted of finance-lease principal.

At June 30, 2026, the balance sheet reported $28.7 million of cash, cash equivalents and restricted cash, including $3.0 million of restricted cash.

Market reaction after Q2 2026 earnings report: SCOR -10.08%

-10.08% $6.46 5.7x vol
15m delay
-10.08% Vs previous close
$6.46 Last Price
$6.46 $7.84 Day Range
$95.14M Market Cap
5.7x Rel. Volume

Following this news, SCOR has declined 10.08%, reflecting a significant negative market reaction. Our momentum scanner has triggered 2 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $6.46. Trading volume is exceptionally heavy at 5.7x the average, suggesting significant selling pressure.

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Market Context

1.06% was the average 24-hour move across the five tag-specific earnings events. The announcement co...
Analysis

1.06% was the average 24-hour move across the five tag-specific earnings events. The announcement combined balance-sheet improvement with declining revenue and EBITDA; low short positioning was a sourced risk context, while cost-savings execution was the key item to watch.

Key Figures

Revenue: $79.2 million Net loss: $14.8 million Adjusted EBITDA: $1.3 million +5 more
8 metrics
Revenue $79.2 million Q2 2026 vs. $89.4 million in Q2 2025
Net loss $14.8 million Q2 2026 vs. $9.5 million in Q2 2025
Adjusted EBITDA $1.3 million Q2 2026 vs. $8.9 million in Q2 2025
Movies business sale $70.0 million Aggregate base purchase price in cash
Senior debt repayment $40.1 million Full repayment under the senior secured credit facility
2026 revenue outlook $315 million to $325 million Full-year 2026 outlook
Annual run-rate cost savings $20 million to $25 million Expected from the realignment plan
Loss per share $(0.97) Q2 2026 basic and diluted loss per common share

Previous Earnings Reports

5 past events · Latest: May 14 (Negative)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 14 Q1 earnings report Negative -4.0% Revenue declined, net loss widened, and adjusted EBITDA fell despite debt prepayment.
Mar 17 Q4 earnings report Positive +0.3% Recapitalization reduced preferred dividend obligations and supported additional strategic actions.
Nov 04 Q3 earnings report Negative -8.8% Revenue was nearly flat while management announced recapitalization and revised guidance.
Aug 05 Q2 earnings report Positive +22.6% Revenue and adjusted EBITDA increased, although net loss widened year over year.
May 06 Q1 earnings report Negative -4.8% Revenue declined and net loss widened alongside reduced full-year expectations.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Tag-specific earnings reactions aligned with the summarized event direction in all five events; the average move was 1.06%.

Key Terms

adjusted ebitda, non-gaap, senior secured credit facility, convertible redeemable preferred stock
4 terms
adjusted ebitda financial
"Adjusted EBITDA1 of $1.3 million compared to $8.9 million in Q2 2025"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
non-gaap financial
"Non-GAAP adjusted EBITDA for the quarter was $1.3 million"
Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.
View in glossary
senior secured credit facility financial
"Full repayment of $40.1 million outstanding obligations under the senior secured credit facility"
A senior secured credit facility is a loan or revolving line of credit where lenders have first legal claim on specific company assets (collateral) and the debt ranks above other obligations for repayment. For investors it signals where a lender sits in the repayment pecking order and how much protection creditors have if the company struggles, affecting credit costs, the company’s ability to borrow more, and potential recoveries in a default — like a mortgage taking priority over other claims on a house.
convertible redeemable preferred stock financial
"Series C convertible redeemable preferred stock, $0.001 par value"
A convertible redeemable preferred stock is a hybrid share that gives its owner steady priority payments like a bond or fixed dividend, can be returned to the company for cash at a set time or price (redeemable), and can also be switched into common shares (convertible). Investors care because it combines income and downside protection with the potential to join in upside if the company’s common shares rise, affecting yield, control, and dilution for existing shareholders.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Completed Sale of Movies Business Enabling Full Repayment of Senior Debt

Announced Transformational ROI Strategy to Realign, Optimize and Grow the Business

RESTON, Va., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today reported financial results for the quarter ended June 30, 2026.

"The second quarter was hallmarked by the completion of several critical actions necessary to further stabilize our core business and improve our balance sheet, including the sale of the legacy Movies business, as well as the elimination of $40 million in long-term debt," said Matt McLaughlin, CEO of Comscore. "However, our top- and bottom-line results for the quarter were not acceptable, reinforcing the urgency with which we are taking action to realign our priorities."

Mr. McLaughlin continued, "In my first 60 days as CEO, we moved expeditiously to build upon the strengthened balance sheet and reimagine how we operate. Yesterday, we launched a transformational ROI-based operating model designed to realign our business and corporate culture, optimize our operations and product development, and focus our future investment to drive long-term sustainable growth and establish Comscore as the standard for modern measurement. There are significant opportunities in front of us, including launching new and enhanced products, closing multimillion-dollar deals in local TV, expanding our Proximic footprint, and delivering AI and Creator solutions. Our enhanced operating model will better position us to deliver value for our customers, employees, and shareholders."

Business and Financial Highlights

  • Revenue for the second quarter was $79.2 million compared to $89.4 million in Q2 2025, including $6.2 million and $9.6 million of revenue from the now-divested Movies business, respectively
  • Net loss of $14.8 million compared to $9.5 million in Q2 2025, partially due to loss on divestiture of business and loss on extinguishment of debt
  • Adjusted EBITDA1 of $1.3 million compared to $8.9 million in Q2 2025
  • Closed and completed the divestiture of the Movies business for an aggregate base purchase price of $70.0 million in cash, subject to customary adjustments and other terms set forth in the purchase agreement.
  • Full repayment of $40.1 million outstanding obligations under the senior secured credit facility
  • Full year 2026 outlook for revenue to range between $315 and $325 million

Second Quarter Summary Results

Revenue in the second quarter was $79.2 million, down 11.3% from $89.4 million in the second quarter of 2025. Content & Ad Measurement revenue decreased 11.7% compared to the prior-year quarter due to lower Syndicated Audience revenue, primarily related to the divestiture of the Movies business, as well as lower performance in national TV, local TV and syndicated digital products. Cross-Platform revenue decreased 2.1% from the prior-year period, primarily driven by lower usage in Proximic, partially offset by growth from new business in CCM. Research & Insight Solutions revenue decreased 9.2% from the prior-year period, primarily due to lower renewals and lower deliveries of certain custom digital products.

Core operating expenses, which include cost of revenues, sales and marketing, research and development and general and administrative expenses, were $87.9 million for the quarter, down 2.8% compared to $90.4 million in the second quarter of last year, primarily due to lower employee compensation costs, partially offset by higher professional fees related to the divestiture of the Movies business.

Net loss for the quarter was $14.8 million compared to $9.5 million in the prior-year period, resulting in net loss margins of 18.7% and 10.6% of revenue, respectively. Loss per share attributable to common shares was $(0.97) for the second quarter of 2026. After accounting for dividends on the Company's then-outstanding Series B convertible preferred stock, loss per share attributable to common shares was $(2.73) for the second quarter of 2025.

Non-GAAP adjusted EBITDA for the quarter was $1.3 million, compared to $8.9 million in the prior-year period, resulting in adjusted EBITDA margins of 1.7% and 10.0%, respectively. Beginning in the third quarter of 2025 (and for comparable prior periods), the Company modified its adjusted EBITDA metric to exclude certain costs related to its consideration of strategic alternatives. As revised, adjusted EBITDA and adjusted EBITDA margin exclude depreciation and amortization, net interest expense, income taxes, impairment charges, stock-based compensation expense, transformation costs, restructuring costs, strategic transaction costs, gain/loss from foreign currency transactions, loss on extinguishment of debt, loss on divestiture of business, and other items as presented in the accompanying tables.

__________________________

1 Adjusted EBITDA and adjusted EBITDA margin are non-GAAP measures defined in the "Second Quarter Summary Results" section and are reconciled to net income (loss) and net income (loss) margin in the addendum of this release.

Balance Sheet and Liquidity

As of June 30, 2026, cash, cash equivalents and restricted cash totaled $28.7 million, including $3.0 million in restricted cash.

On May 27, 2026, the Company used a portion of proceeds from the divestiture of the Movies business to repay in full all outstanding obligations under its senior secured credit facility. The repayment totaled approximately $40.1 million and resulted in the termination of the term loan, revolving facility, security interests and all other obligations under the Company's senior secured financing agreement with Blue Torch Finance LLC. As of June 30, 2026, the Company's remaining debt obligations consisted of outstanding principal on finance leases related to equipment purchases.

2026 Outlook

Mary Margaret Curry, Comscore's Chief Financial Officer, concluded, "As we move through the second half of the year, under Matt's leadership, we will execute against our new ROI operating model and will work to build a lasting foundation for value creation. We expect that market-share opportunities in our established businesses, combined with revenue from our targeted product expansion, will help us overcome any non-strategic revenue impacts that may occur in the future. However, given the divestiture of our Movies business and the significant transformation we are undertaking, we do not anticipate near-term growth. As a result, our outlook for the full year 2026 calls for revenue to be between $315 and $325 million, with an adjusted EBITDA margin in the low-to-mid single digits. As we announced yesterday, we expect to generate between $20 and $25 million in annual run-rate cost savings from our realignment plan, some of which will be used to hire key leaders that are critical to our strategy, invest in our continuing employees, and fund other transformational initiatives. We expect to enter 2027 with a leaner, more flexible cost model that allows us to stabilize our business and plan for future growth."

The Company does not provide GAAP net income (loss) or net income (loss) margin on a forward-looking basis because it is unable to predict with reasonable certainty its future stock-based compensation expense, fair value adjustments, litigation and restructuring expense, strategic transaction costs, foreign currency transaction impact, and any unusual gains or losses without unreasonable effort. These items are uncertain, depend on various factors, and could be material to results computed in accordance with GAAP. For this reason, the Company is unable without unreasonable effort to provide a reconciliation of adjusted EBITDA or adjusted EBITDA margin to the most directly comparable GAAP measure, GAAP net income (loss) and net income (loss) margin, on a forward-looking basis.

Conference Call Information for Today, Wednesday, August 12, 2026 at 5:00 p.m. ET

Management will host a conference call to discuss the results on Wednesday, August 12, 2026 at 5:00 p.m. ET. The live audio webcast along with supplemental information will be accessible at ir.comscore.com/events-presentations. Participants can obtain dial-in information by registering for the call at the same web address and are advised to register in advance of the call to avoid delays. Following the conference call, a replay will be available via webcast at ir.comscore.com/events-presentations.

About Comscore

Comscore is a global, trusted partner for planning, transacting and evaluating media across platforms. With an unmatched data footprint that combines digital, linear TV and over-the-top viewership intelligence with advanced audience insights, Comscore empowers media buyers and sellers to quantify their multiscreen behavior and make meaningful business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry's emerging, third-party source for reliable and comprehensive cross-platform measurement.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of federal and state securities laws, including, without limitation, the Company's expectations, forecasts, plans and opinions regarding future value creation; the timing, scope and impact of the Company's realignment plan and ROI-based operating model; the amount and potential use of expected cost savings from the realignment plan; future growth opportunities; product launches and potential commercial deals; the impact of the Movies divestiture and loss of other non-strategic revenue; and full year 2026 revenue and adjusted EBITDA performance. These statements involve risks and uncertainties that could cause actual events to differ materially from expectations, including, but not limited to, impediments to the Company's ability to execute the plan as currently contemplated, higher-than-expected costs to implement the plan, changes to the assumptions upon which the estimated charges and savings are based, unintended consequences from the plan that could negatively impact the Company's business or strategy, cash flow and liquidity challenges related to plan implementation and the loss of non-strategic revenue, changes in the Company's business and customer relationships, external market conditions, and the Company's ability to achieve its expected strategic, financial and operational plans. For additional discussion of risk factors, please refer to the Company's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings that the Company makes from time to time with the U.S. Securities and Exchange Commission (the "SEC"), which are available on the SEC's website (www.sec.gov).

Investors are cautioned not to place undue reliance on the Company's forward-looking statements, which speak only as of the date such statements are made. Except as required by law, the Company does not intend or undertake, and expressly disclaims any duty or obligation, to publicly update any forward-looking statements to reflect events, circumstances or new information after the date of this press release or to reflect the occurrence of unanticipated events.

Use of Non-GAAP Financial Measures

To provide investors with additional information regarding the Company's financial results, the Company is disclosing in this press release adjusted EBITDA and adjusted EBITDA margin, which are non-GAAP financial measures used by management to understand and evaluate the Company's core operating performance and trends. Management believes that these non-GAAP financial measures provide useful information to investors and others in understanding and evaluating the Company's operating results, as they permit investors to view core business performance using the same metrics that management uses to evaluate performance. Nevertheless, the Company's use of these non-GAAP financial measures has limitations as an analytical tool, and investors should not consider these measures in isolation or as a substitute for analysis of the Company's results as reported under GAAP. Instead, investors should consider these measures alongside GAAP-based financial performance measures, net income (loss), net income (loss) margin, various cash flow metrics, and the Company's other GAAP financial results. Set forth below are reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures, net income (loss) and net income (loss) margin. These reconciliations should be carefully evaluated.

Media
Marie Scoutas
Comscore, Inc.
(917) 213-2032
Press@comscore.com

Investors
Jackie Marcus or Nick Nelson
Alpha IR Group
(617) 466-9257
Investor@comscore.com


 
COMSCORE, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
 
 As of As of
 June 30, 2026 December 31, 2025
(In thousands, except share and per share data)(Unaudited)  
Assets   
Current assets:   
Cash and cash equivalents$25,707  $23,621 
Restricted cash 3,040   3,179 
Accounts receivable, net of allowances of $292 and $496, respectively 44,078   57,260 
Prepaid expenses and other current assets 15,001   12,210 
Total current assets 87,826   96,270 
Property and equipment, net 39,401   43,714 
Operating right-of-use assets 5,095   8,565 
Deferred tax assets 2,774   3,154 
Intangible assets, net 1,264   2,529 
Goodwill 185,347   248,636 
Other non-current assets 5,823   4,841 
Total assets$327,530  $407,709 
Liabilities, Convertible Redeemable Preferred Stock and Stockholders' Equity   
Current liabilities:   
Accounts payable$17,693  $16,956 
Accrued expenses 43,432   44,879 
Contract liabilities 35,646   36,575 
Customer advances 5,940   7,605 
Current operating lease liabilities 7,621   8,783 
Other current liabilities 4,847   8,093 
Total current liabilities 115,179   122,891 
Secured term loan    39,297 
Non-current operating lease liabilities 1,694   6,238 
Non-current portion of accrued data costs 22,098   24,917 
Deferred tax liabilities 732   1,997 
Non-current payable to preferred stockholders 4,766   4,457 
Other non-current liabilities 3,939   6,751 
Total liabilities 148,408   206,548 
Commitments and contingencies   
Series C convertible redeemable preferred stock, $0.001 par value; 12,670,863 shares authorized, issued and outstanding as of June 30, 2026 and December 31, 2025; aggregate liquidation preference of $183,728 as of June 30, 2026 and December 31, 2025 89,654   89,722 
Stockholders' equity:   
Preferred stock, $0.001 par value; 1,329,137 shares authorized as of June 30, 2026 and December 31, 2025; no shares issued or outstanding as of June 30, 2026 or December 31, 2025     
Common stock, $0.001 par value; 46,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 15,522,565 shares issued and 15,184,326 shares outstanding as of June 30, 2026, and 15,214,378 shares issued and 14,876,139 shares outstanding as of December 31, 2025 15   15 
Additional paid-in capital 1,783,261   1,781,265 
Accumulated other comprehensive loss (12,796)  (9,862)
Accumulated deficit (1,451,028)  (1,429,995)
Treasury stock, at cost, 338,239 shares as of June 30, 2026 and December 31, 2025 (229,984)  (229,984)
Total stockholders' equity 89,468   111,439 
Total liabilities, convertible redeemable preferred stock and stockholders' equity$327,530  $407,709 


 
COMSCORE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(Unaudited)
 
 Three Months Ended June 30, Six Months Ended June 30,
(In thousands, except share and per share data) 2026   2025   2026   2025 
Revenues$79,246  $89,389  $164,568  $175,098 
        
Cost of revenues(1) (2) 50,982   53,099   103,970   104,846 
Selling and marketing(1) (2) 14,778   16,663   30,434   31,466 
Research and development(1) (2) 7,154   7,804   14,940   15,922 
General and administrative(1) (2) 14,998   12,872   27,778   25,347 
Amortization of intangible assets 632   632   1,264   1,264 
Loss on divestiture of business, net 2,682      2,682    
Total expenses from operations 91,226   91,070   181,068   178,845 
Loss from operations (11,980)  (1,681)  (16,500)  (3,747)
Gain (loss) from foreign currency transactions 520   (3,803)  1,760   (5,546)
Other income, net 417      417    
Interest expense, net (1,021)  (1,553)  (2,771)  (3,311)
Loss on extinguishment of debt (3,608)     (3,970)   
Loss before income taxes (15,672)  (7,037)  (21,064)  (12,604)
Income tax benefit (provision) 887   (2,455)  31   (881)
Net loss$(14,785) $(9,492) $(21,033) $(13,485)
Net loss available to common stockholders:       
Net loss$(14,785) $(9,492) $(21,033) $(13,485)
Convertible redeemable preferred stock dividends    (4,494)     (8,933)
Total net loss available to common stockholders$(14,785) $(13,986) $(21,033) $(22,418)
Net loss per common share:       
Basic and diluted$(0.97) $(2.73) $(1.38) $(4.41)
Weighted-average number of shares used in per share calculation - Common Stock:       
Basic and diluted 15,241,209   5,114,830   15,190,902   5,078,069 
Comprehensive loss:       
Net loss$(14,785) $(9,492) $(21,033) $(13,485)
Other comprehensive (loss) income:       
Foreign currency cumulative translation adjustment (548)  5,276   (2,489)  7,915 
Total comprehensive loss$(15,333) $(4,216) $(23,522) $(5,570)
        
(1) Excludes amortization of intangible assets, which is presented as a separate line item.
(2) Stock-based compensation (benefit) expense is included in the line items above as follows:    
        
 Three Months Ended June 30, Six Months Ended June 30,
  2026   2025   2026   2025 
Cost of revenues$(144) $399  $70  $561 
Selling and marketing (40)  383   131   507 
Research and development (91)  239   36   336 
General and administrative 186   727   499   1,082 
Total stock-based compensation (benefit) expense$(89) $1,748  $736  $2,486 
        


 
COMSCORE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
 
 Six Months Ended June 30,
(In thousands) 2026   2025 
Operating activities:   
Net loss$(21,033) $(13,485)
Adjustments to reconcile net loss to net cash provided by operating activities:   
Depreciation 11,749   11,674 
Non-cash loss on extinguishment of debt 3,477    
Non-cash operating lease expense 2,249   2,500 
Amortization expense of finance leases 1,838   1,857 
Amortization of intangible assets 1,264   1,264 
Stock-based compensation expense 736   2,486 
Gain on divestiture of business (1,178)   
Deferred tax (benefit) provision (1,208)  538 
Unrealized foreign currency gain (2,272)   
Other 1,142   1,311 
Changes in operating assets and liabilities:   
Accounts receivable 12,314   11,255 
Prepaid expenses and other assets (123)  (1,077)
Accounts payable, accrued expenses and other liabilities 3,316   515 
Contract liabilities and customer advances 70   (4,460)
Operating lease liabilities (4,300)  (4,384)
Net cash provided by operating activities 8,041   9,994 
    
Investing activities:   
Proceeds from divestiture of business, net of cash transferred 55,740    
Purchases of property and equipment (608)  (524)
Capitalized internal-use software costs (11,674)  (10,868)
Net cash provided by (used in) investing activities 43,458   (11,392)
    
Financing activities:   
Principal payments of term loan (44,550)  (225)
Principal payments on finance leases (1,977)  (1,609)
Principal payments on insurance financing (1,293)  (1,321)
Payment of preferred stock and common stock issuance costs (1,219)   
Contingent consideration payment at initial value    (859)
Payment of financing and debt issuance costs    (559)
Other (501)  (3)
Net cash used in financing activities (49,540)  (4,576)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (12)  2,032 
Net increase (decrease) in cash, cash equivalents and restricted cash 1,947   (3,942)
Cash, cash equivalents and restricted cash at beginning of period 26,800   33,468 
Cash, cash equivalents and restricted cash at end of period$28,747  $29,526 

               

 As of June 30,
 2026
 2025
Cash and cash equivalents$25,707 $25,993
Restricted cash 3,040  3,533
Total cash, cash equivalents and restricted cash$28,747 $29,526


Reconciliation of Non-GAAP Financial Measures

The following table presents a reconciliation of GAAP net loss and net loss margin to non-GAAP adjusted EBITDA and adjusted EBITDA margin for each of the periods identified:

 Three Months Ended June 30, Six Months Ended June 30,
(In thousands)2026 (Unaudited) 2025 (Unaudited) 2026 (Unaudited) 2025 (Unaudited)
GAAP net loss$(14,785) $(9,492) $(21,033) $(13,485)
        
Depreciation 5,801   5,869   11,749   11,674 
Interest expense, net 1,021   1,553   2,771   3,311 
Amortization expense of finance leases 919   948   1,838   1,857 
Amortization of intangible assets 632   632   1,264   1,264 
Income tax (benefit) provision (887)  2,455   (31)  881 
EBITDA (7,299)  1,965   (3,442)  5,502 
        
Adjustments:       
Loss on extinguishment of debt 3,608      3,970    
Loss on divestiture of business, net 2,682      2,682    
Strategic transaction costs(1) 1,807      2,321    
Transformation costs(2) 796   1,035   1,172   2,042 
Amortization of cloud-computing implementation costs 355   364   710   709 
Stock-based compensation (benefit) expense (89)  1,748   736   2,486 
(Gain) loss from foreign currency transactions (520)  3,803   (1,760)  5,546 
Non-GAAP adjusted EBITDA$1,340  $8,915  $6,389  $16,285 
Net loss margin(3)(18.7) % (10.6) % (12.8) % (7.7) %
Non-GAAP adjusted EBITDA margin(4) 1.7%  10.0%  3.9%  9.3%
        

(1) Strategic transaction costs represent third-party professional fees and other charges incurred in connection with strategic transactions, including mergers, acquisitions, financings and dispositions, regardless of whether consummated, which the Company otherwise would not have incurred as part of its normal business operations.
(2) Transformation costs represent (1) expenses incurred prior to formal launch of identified strategic projects with anticipated long-term benefits to the Company, generally relating to third-party professional fees and non-capitalizable technology costs tied directly to the identified projects and (2) severance costs associated with the reorganization of teams in connection with the identified projects.
(3) Net loss margin is calculated by dividing net loss by revenues reported on the Condensed Consolidated Statements of Operations and Comprehensive Loss for the applicable period.
(4) Non-GAAP adjusted EBITDA margin is calculated by dividing adjusted EBITDA by revenues reported on the Condensed Consolidated Statements of Operations and Comprehensive Loss for the applicable period.

Revenues

Revenues from the Company's offerings of products and services are as follows:

 Three Months Ended June 30,    
(In thousands)2026
(Unaudited)
 % of Revenue 2025
(Unaudited)
 % of Revenue $ Variance % Variance
Content & Ad Measurement           
Syndicated Audience(1)$55,249 69.7% $63,953 71.5% $(8,704) (13.6) %
Cross-Platform 12,528 15.8%  12,800 14.3%  (272) (2.1) %
Total Content & Ad Measurement 67,777 85.5%  76,753 85.9%  (8,976) (11.7) %
Research & Insight Solutions 11,469 14.5%  12,636 14.1%  (1,167) (9.2) %
Total revenues$79,246 100.0% $89,389 100.0% $(10,143) (11.3) %
            
(1) Syndicated Audience revenue includes revenue from the Movies business, which decreased from $9.6 million in the second quarter of 2025 to $6.2 million in the second quarter of 2026 due to the divestiture of the Movies business on May 27, 2026.


 Six Months Ended June 30,    
(In thousands)2026
(Unaudited)
 % of Revenue 2025
(Unaudited)
 % of Revenue $ Variance % Variance
Content & Ad Measurement           
Syndicated Audience(1)$115,760 70.3% $127,457 72.8% $(11,697) (9.2 )%
Cross-Platform 25,130 15.3%  22,462 12.8%  2,668  11.9%
Total Content & Ad Measurement 140,890 85.6%  149,919 85.6%  (9,029) (6.0 )%
Research & Insight Solutions 23,678 14.4%  25,179 14.4%  (1,501) (6.0 )%
Total revenues$164,568 100.0% $175,098 100.0% $(10,530) (6.0 )%
            
(1) Syndicated Audience revenue includes revenue from the Movies business, which decreased from $19.0 million in the six months ended June 30, 2025 to $16.2 million in the six months ended June 30, 2026 due to the divestiture of the Movies business on May 27, 2026.



FAQ

How did Comscore (Nasdaq: SCOR) perform in Q2 2026?

Comscore reported Q2 2026 revenue of $79.2 million and a net loss of $14.8 million. According to Comscore, adjusted EBITDA was $1.3 million, reflecting an 11.3% revenue decline and significantly lower profitability compared with Q2 2025 results.

What did Comscore receive for selling its Movies business in 2026?

Comscore closed the divestiture of its Movies business for an aggregate base purchase price of $70 million in cash. According to Comscore, part of the proceeds was used to fully repay $40.1 million outstanding under its senior secured credit facility.

What is Comscore’s 2026 revenue and EBITDA outlook for SCOR shareholders?

For full year 2026, Comscore expects revenue between $315 million and $325 million and low‑to‑mid single‑digit adjusted EBITDA margins. According to Comscore, this outlook incorporates the Movies divestiture and its new ROI‑based operating model and realignment plan.

How did Comscore’s Q2 2026 results compare with Q2 2025?

Q2 2026 revenue fell to $79.2 million from $89.4 million, while net loss increased to $14.8 million from $9.5 million. According to Comscore, adjusted EBITDA declined to $1.3 million from $8.9 million, with margin dropping from 10.0% to 1.7%.

What is Comscore’s debt position after repaying its senior credit facility in 2026?

After using divestiture proceeds to repay $40.1 million in senior secured debt, Comscore terminated its Blue Torch financing agreement. According to Comscore, remaining debt obligations at June 30, 2026 consisted only of outstanding principal on finance leases for equipment.

How much cost savings does Comscore expect from its 2026 realignment plan?

Comscore expects its new ROI‑focused realignment plan to generate $20–$25 million in annual run‑rate cost savings. According to Comscore, some savings will fund key leadership hires, employee investments, and other transformational initiatives to support future growth starting in 2027.