Comscore Reports Second Quarter 2026 ResultsRESTON, Va., August 12, 2026 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 Companys 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.
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 Companys senior secured financing agreement with Blue Torch Finance LLC. As of June 30, 2026, the Companys remaining debt obligations consisted of outstanding principal on finance leases related to equipment purchases.
2026 Outlook
Mary Margaret Curry, Comscores Chief Financial Officer, concluded, As we move through the second half of the year, under Matts 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 produc
