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IZEA Worldwide, Inc. 10-Q Filings

IZEA NASDAQ

Every 10-Q that IZEA Worldwide, Inc. (IZEA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow IZEA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IZEA filings page.

Rhea-AI Summary

IZEA Worldwide, Inc. reported significantly weaker results for the three and six months ended June 30, 2026, as it continues shifting its business mix toward larger enterprise customers. Revenue for the quarter was $5.8 million, down from $9.1 million a year earlier, and the company recorded a quarterly net loss of $0.7 million versus net income of $1.2 million in 2025. For the first half of 2026, revenue was $12.4 million with a net loss of $1.5 million, compared with $17.1 million and net income of $1.1 million in the prior-year period.

Despite the downturn, IZEA maintains a strong balance sheet, with $46.6 million in cash and cash equivalents and total liabilities of only $6.6 million as of June 30, 2026. Operating cash flow turned negative by $2.7 million in the first half, reflecting lower campaign volume and timing of working-capital items, while the company continued investing in internal-use software, capitalizing $0.5 million year-to-date on its AI-enabled ZED platform. IZEA also repurchased 134,949 shares for about $0.5 million in the quarter under its up-to-$10 million share repurchase program, leaving approximately $8.2 million authorized for future buybacks and resulting in 17,416,286 shares of common stock outstanding as of August 6, 2026.

Rhea-AI Summary

IZEA Worldwide, Inc. reported weaker results for the quarter ended March 31, 2026 as it reorients toward higher-value enterprise customers. Revenue fell to $6.6 million from $8.0 million, an 18% decline, mainly due to reduced activity from non-core, lower-margin accounts and contract timing in several enterprise relationships.

Cost controls partly offset the revenue drop, but net loss widened to $0.8 million from $0.1 million, and Adjusted EBITDA declined to $(0.5) million, or (8.1)% of revenue. Managed Services Bookings were $6.3 million versus $7.5 million a year earlier, reflecting similar timing and mix effects.

The company ended the quarter with $46.5 million in cash and cash equivalents and no long-term debt, and continues to maintain a full valuation allowance against deferred tax assets. IZEA rebranded its technology platform as ZED, an AI-powered creator campaign operating system, which launched during the quarter but had not yet generated revenue. Management expects a full ZED rollout and its enterprise-focused strategy to support more profitable, though uneven, growth over the next year while current liquidity is viewed as sufficient for planned initiatives.

Rhea-AI Summary

IZEA Worldwide reported Q3 results that show tighter operations and a return to profitability year to date. Revenue for the quarter was $8,072,380, down from last year, but operating costs fell sharply, lifting Q3 net income to $147,745 and year‑to‑date net income to $1,210,013. Basic and diluted EPS were $0.01 for the quarter and $0.07 for the nine months.

Cash and cash equivalents rose to $51,390,884 as of September 30, 2025, reflecting $2,435,965 provided by operating activities year to date. The balance sheet shows minimal liabilities and no goodwill or digital assets. Sales and marketing and general and administrative expenses declined significantly versus last year, and contract liabilities were $4,129,798, compared with $8,188,651 at year‑end. Under its repurchase programs, the company has bought 561,950 shares at an average $2.55, with about $8.7M remaining authorized; 17,125,752 shares were outstanding as of November 7, 2025.

Rhea-AI Summary

IZEA Worldwide, Inc. returned to profitability in the quarter ended June 30, 2025, reporting $1,205,068 net income on revenue of $9.13 million, roughly flat versus the prior-year quarter. Operating income improved to $737,810 for the quarter as total costs and expenses declined materially year-over-year, led by lower sales and marketing and G&A expenses. Cash and cash equivalents rose to $50.64 million, and net cash provided by operating activities was $1.25 million for the six months ended June 30, 2025.

The company continues to derive most revenue from Managed Services (Sponsored Social and Content) and expects to convert much of its $6.66 million contract liability into revenue within the next twelve months. Key balance sheet items include $6.18 million net accounts receivable and a cumulative $103.23 million accumulated deficit. Share repurchases remain active under an approved program; total repurchases to date equal 523,268 shares for $1.3 million with a recent Dutch-auction repurchase of 38,682 shares at $2.80 per share.