Inuvo Q2 2026 revenue falls 67% to $7.5 million; net loss widens to $4.0 million
Inuvo reported second-quarter 2026 net revenue of $7.5 million, down 67% from a year earlier, as Legacy Search revenue fell 80% and Audience Modeling revenue rose 19%. The net loss widened to $4.0 million, or $0.27 per share, from $1.5 million, or $0.10 per share, and the company said CFO Wallace D. Ruiz will retire effective August 17, 2026, with Derric Ciccone succeeding him. For shareholders, the revenue base is much smaller, losses are larger, and the finance leadership is changing.
Key points
- Net revenue was $7.5 million in Q2 2026, down 67%; Legacy Search revenue fell 80% and Audience Modeling revenue rose 19%.
- Net loss was $4.0 million, or $0.27 per share, versus a net loss of $1.5 million, or $0.10 per share, in Q2 2025.
- Wallace D. Ruiz retires as CFO and Secretary effective August 17, 2026; Derric Ciccone is appointed President, CFO and Secretary effective the same day.
- The company completed financing of about $13 million in gross proceeds; cash and cash equivalents were $886 thousand at June 30, 2026, plus $6.2 million in restricted cash.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.