ACCESS Newswire (ACCS) Q3 2026 earnings summary

Executive summary

• Q3 revenue was $5.515M, down 4% YoY and 2% QoQ as softer industry conditions reduced core press-release volume; gross margin was 75% and operating loss narrowed to $142K.

• Subscription revenue was $3.2M, or 60% of Q3 revenue; active customers grew 14% YoY and average subscription ARR per customer rose 6%.

• October cost actions and product investments support the goal of returning to top-line growth in 2027.

Financial highlights

• Q3 gross profit was $4.157M versus $4.268M in Q3 2025; operating expenses were $4.3M, down 3% YoY, and operating loss narrowed to $142K from $184K.

• Q3 continuing-operations net loss was $80K, or $0.02 per diluted share, versus $45K, or $0.01, in Q3 2025.

• Q3 non-GAAP net income was $520K, or $0.14 per diluted share, versus $760K, or $0.20, in Q3 2025.

• 9M revenue was $16.460M, down 2% YoY; gross profit was $12.220M versus $12.826M, and continuing-operations net loss was $1.045M versus $1.049M.

• 9M net loss was $1.173M versus net income of $4.867M, including discontinued operations and a prior-year $8.974M gain on business disposal.

Outlook and guidance

• October 2026 cost actions are expected to deliver annualized savings above $1.5M, with partial benefit in Q4 2026 and full benefit beginning Q1 2027.

• Management targets a return to top-line growth in 2027 and expects sales and marketing costs to decline as the sales organization is reorganized.

• Subscription revenue is targeted to reach 70% of total revenue early in 2027; subscriptions represented 60% in Q3 2026.

• Priorities include subscription-platform growth, product and distribution expansion, technology investment, strategic acquisitions, profitable growth and operating cash generation.