ACCESS Newswire (ACCS) Q2 2026 earnings summary

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 15% year-over-year to $12,718, with total subscriptions up 4% sequentially and 24% year-over-year.

• Net loss from continuing operations was $354K ($0.09/share) in Q2 2026, compared to $239K ($0.06/share) in Q2 2025.

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

• Customer retention improved to 94%, with net revenue retention at 124%.

Financial highlights

• Gross margin for Q2 2026 was 73% ($4.1M), down from 76% in Q2 2025 due to higher distribution costs.

• 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; deferred revenue was $5.07M.

• Operating loss for Q2 2026 was $307K, compared to $249K in Q2 2025.

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.

• Management expects stable demand for platforms and services despite global uncertainties, with a focus on product innovation, customer acquisition, and increasing recurring revenue.

• Industry outlook is positive, with expectations of double-digit growth in PR/IR markets by 2027, driven by AI and new business formation.