"JBP (Joint Business Partnership) growth -- JBP counts increased 55% year over year; new JBP deal spend, excluding renewals, grew 40%; 45 new JBPs were signed in March alone. Audience Unlimited results -- The new product delivered 30% lower media"
Revenue reached $689 million, up 12% year over year. Adjusted EBITDA totaled $206 million for the quarter, representing a 30% margin. Video, including CTV, accounted for a low-50% share of business, while mobile was in the high-20s%, display was in the low double digits, and audio contributed about 6% with faster year-over-year growth. The United States generated 82% of revenue and international regions generated 18%. Operating expenses were $622 million, up 11% year over year, and net income was $40 million, or $0.08 per diluted share. Operating activities produced $392 million and free cash flow was $276 million. Cash, equivalents, and short-term investments totaled about $1.4 billion, and $164 million was used for share repurchases. Q2 2026 guidance calls for at least $750 million revenue and $260 million adjusted EBITDA, with full-year adjusted EBITDA margin expected to be at least 40%.
#revenue-growth #adjusted-ebitda-margin #channel-mix #cash-flow-and-balance-sheet #guidance-and-share-repurchases
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