ACCESS Newswire (ACCS) investor relations material

Executive summary

• Q2 2026 revenue was $5.62M, up 5% sequentially and flat year-over-year, with core press release revenue up 2% year-over-year but offset by declines in webcasting and ProPlan revenues.

• Average ARR per subscription customer rose to $12,718, with total subscriptions up 4% sequentially and 24% year-over-year; total customers reached 14,583.

• New product launches, including Social Monitoring and Insight & Analytics, contributed to higher average purchases and customer upgrades.

• Customer retention improved to 94%, and net revenue retention reached 124%.

• The company completed the sale of its compliance business in 2025, impacting year-over-year comparability.

Financial highlights

• Gross margin for Q2 2026 was 73%, down from 76% in Q2 2025 due to higher distribution costs.

• Operating loss for Q2 2026 was $307K, compared to $249K in Q2 2025; net loss from continuing operations was $354K ($0.09/share) vs. $239K ($0.06/share) last year.

• Adjusted EBITDA for Q2 2026 was $642K (11% of revenue), down from $836K (15%) in Q2 2025.

• Adjusted Free Cash Flow was $50K for Q2 2026, down from $250K in Q2 2025.

• Cash and cash equivalents at June 30, 2026, were $2.96M; current liabilities exceeded current assets by $1.68M.

Outlook and guidance

• Cost-saving initiatives are expected to reduce cost of revenue by $150K in the second half of 2026, aiming to restore gross margins to the high 70% range.

• Focus for the remainder of 2026 is on new product launches, customer acquisition, and increasing recurring revenue to approach 80% of total revenue by next year.

• Management expects stable demand for its platforms and services despite global economic and political uncertainties.

• Strategic focus remains on expanding products, customer base, newswire distribution, and technology investments.

• Continued transition to a subscription model is expected to drive long-term growth.