IZEA Q1 revenue falls 18% to $6.6 million as net loss widens to $0.8 million
IZEA Worldwide reported first-quarter 2026 revenue of $6.6 million, down $1.4 million (18%) from $8.0 million a year earlier, and a net loss of $0.8 million, or $(0.04) per share, versus a net loss of $0.1 million, or $(0.01) per share. The company said the revenue decline mainly reflects exiting small and mid-size business accounts, and it attributed lower bookings to contract timing at large enterprise clients.
Key points
- Revenue was $6.6 million, down 18% from $8.0 million, driven mainly by shedding small, unprofitable SMB accounts.
- Managed Services bookings declined 17% to $6.3 million, which the company said primarily reflects contract timing within several large enterprise accounts.
- Net loss was $0.8 million, or $(0.04) per share, compared with a net loss of $0.1 million, or $(0.01) per share, a year earlier.
- Cash and cash equivalents were $46.5 million at March 31, 2026, down $4.4 million during the quarter, and the company has no outstanding long-term debt.
The filing
Written by AI on Nov 9, 2026, 10:08 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 May 12, 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.