10-Q · May 15, 2026
Comscore's Q1 2026 results reflect a slight revenue decline year-over-year, dropping to $85.3 million, which is 0.5% lower than Q1 2025. The company posted a net loss of $6.2 million and an EPS of -$0.41, missing…
Earnings analysis · 10-Q
SCOR earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
Comscore's Q2 results deteriorated year over year: revenue fell 11.3% to $79.246 million, gross margin declined to approximately 35.7%, and operating loss widened to $11.980 million from $1.681 million. The Movies sale…
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Comscore's Q2 results deteriorated year over year: revenue fell 11.3% to $79.246 million, gross margin declined to approximately 35.7%, and operating loss widened to $11.980 million from $1.681 million. The Movies sale generated $55.7 million of net proceeds and enabled repayment of $40.1 million of debt obligations, but cash provided by operations declined to $8.041 million in the first half. The newly announced realignment carries $7 million to $9 million of estimated costs, while management expects continued advertising-market softness in 2026, leaving the execution and liquidity outlook challenging.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Revenue declined 11.3% year over year
Revenue was $79.246 million, down $10.143 million or 11.3% from $89.389 million in Q2 2025 and below the prior-quarter $85 million shown in the quarterly history. Management attributed the year-over-year decline primarily to the Movies divestiture, lower renewals, lost TV and syndicated digital business, and lower Proximic usage.
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Gross margin compressed sharply
Gross margin fell to approximately 35.7% from 40.6% in Q2 2025 and 37.9% in Q1 2026, as cost of revenues was $50.982 million, or 64.3% of revenue, versus 59.4% a year earlier.
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Operating loss increased materially
Operating loss widened to $11.980 million, or negative 15.1% of revenue, from a $1.681 million loss, or negative 1.9%, in Q2 2025. The quarter included a $2.682 million loss on the Movies divestiture and $14.998 million of general and administrative expense, up 16.5% year over year.
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Asset sale eliminated secured debt
The Movies Business was sold for a $70.0 million base cash purchase price. Comscore used proceeds to repay the Credit Agreement in full, including $39.0 million of principal, $0.7 million of accrued interest and a $0.4 million prepayment premium.
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Liquidity improved after debt repayment
Cash, cash equivalents and restricted cash totaled $28.7 million at June 30, 2026, including $3.0 million of restricted cash. Net cash provided by operating activities was $8.041 million for the first six months, versus $9.994 million in the prior-year period.
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Sale proceeds funded deleveraging
Six-month investing cash flow was $43.458 million, primarily reflecting $55.7 million of net proceeds from the Movies divestiture, while financing cash outflow was $49.540 million, including $44.6 million of Credit Agreement principal repayments.
What to watch
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Realignment execution and liquidity risk
The newly disclosed realignment plan is expected to generate $7 million to $9 million of exit-related costs, with implementation and cash payments substantially complete in Q3 2027. The filing warns that disruption, employee losses, delays and execution issues could reduce savings and impair liquidity.
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Advertising-market weakness persists
Management stated that advertising-market softness is expected to continue affecting the business in 2026. Q2 revenue declined 11.3% to $79.246 million, and the filing warns that worsening advertising conditions could negatively affect financial position and liquidity.
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Potential substantial shareholder dilution
The updated dilution risk notes that Series C Preferred Stock was convertible into 12,670,863 common shares as of June 30, 2026. In addition, 538,574 stock options, 1,018,660 restricted or deferred stock units and 3,246,363 shares available for future awards were reserved for issuance.
Management's outlook
The 10-Q does not provide numeric revenue or EPS guidance or indicate a change to the prior outlook. Management expects advertising-market softness to continue affecting the business in 2026; the realignment plan is estimated to incur $7 million to $9 million of exit-related costs and is expected to be substantially complete, including cash payments, in the third quarter of 2027.
Earlier filings 4
10-K · March 26, 2026
Comscore positions itself as a cross-platform audience measurement and advertising verification provider, emphasizing privacy-centric innovation (Predictive Audiences, CCM) and continued investment in cross‑platform…
10-Q · November 7, 2025
Comscore reported quarterly revenue of $88,906,000 (up $427,000 vs. Q3 2024) and delivered operating income of $1,705,000 in Q3 2025 versus an operating loss of $(59,605,000) in Q3 2024. Diluted loss per share narrowed…
10-Q · May 8, 2025
Comscore reported Q1 revenue of $85.709M, down modestly from $86.795M a year ago, with gross margin compressing to 39.6% and an expanded net loss per share of $(1.66). Operating cash flow strengthened to $9.062M,…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.