Nexxen delivered lower fourth-quarter revenue as reduced political advertising and weaker CTV demand weighed on results. Programmatic revenue remained the dominant revenue stream, representing the vast majority of total revenue, while adjusted EBITDA declined year over year despite maintaining strong margins. The company ended the quarter with a solid cash position and no long-term debt.
Nexxen delivered strong programmatic performance in Q3 2025, setting new records for programmatic revenue and Contribution ex-TAC. However, the company reported a significant drop in net income and adjusted EBITDA margins and revised its full-year outlook downward.
Nexxen delivered strong Q2 2025 results with record highs in Contribution ex-TAC, programmatic and CTV revenue. Adjusted EBITDA margin expanded to 34%, driven by technology and data licensing growth.
Nexxen delivered a solid quarter marked by record CTV and programmatic revenue, a nearly doubled Adjusted EBITDA, and a return to net profitability. The launch of nexAI and new client additions signaled strong future potential despite broader market softness.
Nexxen International reported Q4 2024 revenue of $112.3 million, reflecting 17% year-over-year growth. The company achieved all-time quarterly records in Contribution ex-TAC, programmatic revenue, and CTV revenue. Net income surged to $24.9 million, while Adjusted EBITDA grew 38% to $44.3 million. Nexxen continued its expansion in AI and technology investments and announced a new $50 million share repurchase program.