IZEA Worldwide (IZEA) investor relations material

Executive summary

• Q2 2026 revenue was $5.8 million, down 36% year-over-year, reflecting a strategic shift toward enterprise clients and softer demand.

• Net loss for Q2 2026 was $0.7 million, or $(0.04) per share, compared to net income of $1.2 million, or $0.07 per share, in Q2 2025, driven by lower revenue and reduced operating expenses.

• Adjusted EBITDA was $(0.4) million, down from $1.3 million in the prior year.

• The company continues to focus on larger, recurring enterprise relationships, highlighted by new business wins with major brands and ongoing expansion of the ZED platform.

• Strategic investments in technology, sales alignment, and marketing have improved operational efficiency and market positioning.

Financial highlights

• Managed Services bookings were $4.5 million, down 19% year-over-year, reflecting softer demand and delayed customer commitments.

• Managed Services revenue was $5.8 million, down 36% from the prior year, mainly due to runoff from legacy non-core customers and soft market demand.

• Operating expenses were $3.3 million, down 18% year-over-year, with sales, marketing, and G&A costs all declining.

• Gross margin for Q2 2026 was approximately 38%, down from 52% in Q2 2025.

• Cash and cash equivalents stood at $46.6 million as of June 30, 2026, with no long-term debt.

Outlook and guidance

• Early Q3 contract commitments are encouraging, with expectations for a stronger second half of the year despite ongoing macroeconomic challenges.

• Operating expenses are expected to remain stable and disciplined for the rest of the year.

• Management remains confident in long-term growth prospects and the durability of the enterprise-focused strategy.

• Cash resources are considered sufficient to fund operations and planned investments for at least the next twelve months.