Versant Media Q2 revenue falls 3.8% to $1.64 billion; raises 2026 outlook
Versant Media Group reported second-quarter 2026 total revenue of $1,644 million, down 3.8% from a year earlier, and net income attributable to Versant of $211 million, down 30.1%. The company raised its full-year 2026 outlook for total revenue and Adjusted EBITDA while keeping its free cash flow outlook unchanged, and it declared a $0.375 quarterly dividend and expects to start a further $100 million share repurchase on August 7, 2026.
Key points
- Total revenue of $1,644 million vs. $1,708 million a year earlier; linear distribution revenue fell 6.3%
- Net income attributable to Versant of $211 million vs. $302 million; Adjusted EBITDA of $624 million, down 8.9%
- 2026 outlook raised: total revenue of $6.2 billion to $6.45 billion and Adjusted EBITDA of $1.9 billion to $2.05 billion; free cash flow maintained at $1.0 billion to $1.2 billion
- Quarterly dividend of $0.375 per share payable October 22, 2026; $100 million accelerated share repurchase completed in the second quarter, with a further $100 million expected to begin August 7, 2026
The filing
Written by AI on Nov 8, 2026, 1:00 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 06, 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.