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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
VIQ Solutions
VIQ Solutions (VQS) investor relations material
VIQ Solutions Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary13 Aug, 2026
Executive summary
Achieved another quarter of positive adjusted EBITDA and cash flow, with improved gross margins.
Initiated a significant cost reduction program, especially with the wind down of Australian operations.
Management and capital resources are now focused on North American and UK operations, historically the highest performing units.
Financial highlights
Revenue for Q2 2026 was $11.5M, up 10.2% year-over-year; six-month revenue was $21.3M, up 6.3%.
Gross margin for Q2 2026 was 57.8%, up from 48% year-over-year; six-month gross margin was 54.6%, up from 49.9%.
Adjusted EBITDA for Q2 2026 was $2.9M (25.2% of revenue), up from $0.96M; six-month adjusted EBITDA was $4.2M, up $2.3M year-over-year.
Excluding Australia, Q2 2026 revenue was $5.1M (flat year-over-year), gross margin 65.5% (up from 64.1%), and adjusted EBITDA $1.0M (up 89%).
Six-month revenue excluding Australia was $10.0M (flat), gross margin 65.3% (up from 64.6%), and adjusted EBITDA $1.7M (up 64%).
Outlook and guidance
Cost reduction plan is expected to continue improving gross margins, EBITDA, and cash flow for the remainder of 2026 and into 2027.
Management is focused on organic revenue growth and strategic acquisitions.
Forward-looking statements highlight expectations for automation, cost optimization, and scalability improvements.
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Latest events from VIQ Solutions
- All agenda items, including director elections and key approvals, passed by majority vote.VQS
AGM 2026 - Q1 2026 saw 2% revenue growth and 45% higher Adjusted EBITDA, with focus on North America and UK.VQSQ1 2026
- Board and shareholders approved all proposals, with AI-driven strategy fueling positive 2024 outlook.VQSAGM 2024
- Directors elected, auditors approved, and strong financial turnaround highlighted for 2024.VQSAGM 2025
- Gross margin rose to 49.1% and Adjusted EBITDA surged 152% despite impairment charges.VQSQ4 2025
- Adjusted EBITDA up 24% and gross margin at 48% in Q2 2025, amid revenue decline and liquidity risks.VQSQ2 2025
- Q3 2024 delivered 10% revenue growth, margin gains, and a 158% Adjusted EBITDA increase.VQSQ3 2024
- Q2 revenue up 10%, gross margin near 46%, Adjusted EBITDA up 181%, but liquidity risks persist.VQSQ2 2024
- Gross margin hit 51.9% in Q1 2025, with SaaS adoption up and ongoing liquidity risks.VQSQ1 2025
Next VIQ Solutions earnings date
Q3 202613 Nov, 2026
VIQ Solutions
Next VIQ Solutions earnings date
Q3 202613 Nov, 2026
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Frequently asked questions
VIQ Solutions Inc. is a global provider of digital evidence capture, retrieval, and content management solutions. The company's proprietary digital investigation platform, QuaDAR (Quarantine and Data Analysis Response), is designed to perform high density, multi-point 3D imaging of mobile devices, while concurrently removing all data irrelevant to law enforcement investigations. The company's products enable law enforcement officers to manage their digital media with an automated workflow that captures, indexes, and returns evidentiary assets to their jurisdictions in a rapid, secure manner. VIQ Solutions Inc. have deployed systems in Australia, New Zealand, the United States, Canada, and the United Kingdom.