Nexxen International
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Nexxen International (NEXN) investor relations material

Nexxen International Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary12 Nov, 2026

Executive summary

  • Record Q3 Contribution ex-TAC, programmatic revenue and CTV revenue; adjusted EBITDA rose 22% YoY to $34.5M.

  • Enterprise Contribution ex-TAC grew over 40% YoY, with stronger end-to-end platform use and strength in CTV, mobile in-app and data products.

  • Agentic solutions, exclusive media and proprietary data position offerings for evolving programmatic advertising workflows.

Financial highlights

  • Q3 revenue was $102.9M, up 9% YoY; Contribution ex-TAC was a record $100.3M, up 8%, and programmatic revenue was a record $97.8M, up 9%.

  • Adjusted EBITDA rose 22% YoY to $34.5M; non-IFRS net income was $19.1M, up 59%, and non-IFRS diluted EPS was $0.32 versus $0.20.

  • IFRS net income was $10.4M, up 148% YoY; operating profit was $12.7M, up 75%.

  • Operating cash flow was $46.1M versus $35.8M in Q3 2025; cash and cash equivalents totaled $152.9M at September 30, 2026.

  • Nine-month revenue rose 10% to $290.3M and programmatic revenue rose 12% to $275.0M; adjusted EBITDA was $78.4M, down 4% YoY.

Outlook and guidance

  • FY 2026 guidance reaffirmed: Contribution ex-TAC $388M–$402M, programmatic revenue $380M–$393M, and adjusted EBITDA $122M–$132M.

  • Guidance midpoint implies 12% YoY Contribution ex-TAC growth, 13% programmatic revenue growth, and 10% adjusted EBITDA growth with a 32% margin.

  • Preliminary October results point to the strongest top-line month to date; record Q4 Contribution ex-TAC, programmatic revenue and CTV revenue are expected.

  • Q4 adjusted EBITDA is expected to grow sequentially and YoY with margin expansion; most incremental Contribution ex-TAC is expected to flow through to adjusted EBITDA.

  • Most platform workflows are expected to be executable through agentic solutions by end-Q1; investment continues in AI, data, CTV, mobile in-app, infrastructure and go-to-market.

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Frequently asked questions

Nexxen International Ltd. (formerly Tremor International Ltd.) provides an innovative platform that enables advertisers to reach relevant and engaged audiences at scale across TV, Online, Mobile and Connected Devices. Through a combination of in-house expertise and strategic partnerships, the Tremor Video platform provides advertisers with an end-to-end solution that is defining how video advertising is bought and sold, allowing both buyers and sellers to manage their transactions in the most efficient way possible. Tremor International Ltd. was incorporated in 2007 and is headquartered in Tel Aviv-Yafo, Israel.