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Film and television production and distribution companies like WMG, NWSA, IMAX and CURI are thriving despite heavy spending on original programming and exclusive rights.

Thursday, 14 May 2026 04:05 PM

Topic: 

Earnings Revenue of $15.2 million

Dividend Program Raised to $0.085 per Quarter; $0.34 Annually

90 thousand shares repurchased

56% gross margin, improving from 53% in the prior-year quarter

SILVER SPRING, MD / ACCESS Newswire / May 14, 2026 / CuriosityStream Inc. (Nasdaq:CURI), a global factual entertainment company, today announced its financial results for the quarter ended March 31, 2026. In addition, the Company's Board of Directors raised the Company's second quarter cash dividend to $0.085 per share, payable on June 19, 2026, to stockholders of record on June 5, 2026.

"While we were pleased with Q1's year-over-year operational improvement, Q1's sequential revenue decline was anticipated and, we believe, temporary," said Clint Stinchcomb, President & CEO of CuriosityStream. "We currently expect 2026 to represent a significant step-up in both revenue and cash flow compared to 2025, with subscription revenue increasing by single-digit percentages and with licensing becoming the larger growth engine as it surpasses subscriptions for the full year. In light of our plans to drive double-digit growth in both revenue and cash flow in 2026, our board has raised our dividend to $0.34 per year, reiterating its confidence in this outlook. Notably, gross margin grew to 56%, and this marked our fifth consecutive quarter of positive Adjusted EBITDA and our ninth consecutive quarter of positive Adjusted Free Cash Flow."

First Quarter 2026 Financial Results

Revenue of $15.2 million, compared to $15.1 million in the first quarter of 2025;

Gross profit of $8.5 million or 56.1% gross margin, compared to $8.0 million or 53.1% gross margin in the first quarter of 2025;

Net loss of $1.3 million, inclusive of $2.2 million of non-cash stock-based compensation, compared to a net income of $0.3 million, inclusive of $0.9 million in non-cash stock-based compensation, in the first quarter of 2025.

Adjusted EBITDA of $0.9 million, a decline of $0.2 million, compared to Adjusted EBITDA of $1.1 million in the first quarter of 2025, and a fifth sequential quarter of positive EBITDA;

Net cash provided by operating activities of $1.2 million, compared to $1.9 million in the first quarter of 2025;

Adjusted free cash flow of $1.3 million, compared to $2.0 million in the first quarter of 2025;

Total advertising and marketing and general and administrative expenses of $10.0 million;

Paid an ordinary dividend of $4.9 million;

Repurchased 90 thousand shares; and

Cash, restricted cash and held-to-maturity securities balance of $23.4 million and no debt as of March 31, 2026.

First Quarter 2026 Business Highlights

Subscription services launched with partners in the U.S., Australia, New Zealand, and Germany;

Fourth straight quarter of expanded data and video licensing partnerships for AI training, having now built a differentiated content library of rights to over three million hours of content across multiple genres;

Building on the solid foundation of our advertising business with U.S. Hispanic and flagship FAST channels recently launched on Amazon, Roku, LG, and Truth+;

Strengthened content lineup with groundbreaking original series and specials including Loot: The Power of Diamonds, new episodes in the fifth season of Butterfly Effect, and Telescopes: The Truth is Out There, the 100th episode of our brand-defining Breakthrough strand.

Financial Outlook

CuriosityStream expects the following for the first half and full year of 2026:

First-half 2026 revenue in the range of $35 - $41 million, and full-year 2026 revenue in the range of $75 to $80 million.

First-half 2026 Adjusted EBITDA1 in the range of $5 - $7 million, and full-year 2026 Adjusted EBITDA1 in the range of $16 to $20 million.

1 See Non-GAAP Financial Measures below.

Conference Call Information

CuriosityStream will host a Q&A conference call today to discuss the Company's first quarter 2026 results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). A live audio webcast of the call will be available on the CuriosityStream Investor Relations website at https://investors.curiositystream.com. Participants may also dial-in toll free at (877) 407-9716 or International at (201) 493-6779 and reference conference ID# 13759951. An audio replay of the conference call will be available for two weeks following the call on the CuriosityStream Investor Relations website at https://investors.curiositystream.com.

Forward-Looking Statements

Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, CuriosityStream's expectations or predictions of future financial or business performance or conditions, consumers' valuation of factual content, and the Company's continued success. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "should," "seeks," "plans," "scheduled," "anticipates," "predicts" or "intends" or similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed under "Risk Factors" in CuriosityStream's Annual Report on Form 10-K for the year ended December 31, 2025, that CuriosityStream filed with the Securities and Exchange Commission (the "SEC") on March 12, 2026, and in CuriosityStream's other SEC filings. These risk factors are important to consider in determining future results and should be reviewed in their entirety.

Forward-looking statements are based on the current belief of the management of CuriosityStream, based on currently available information, as to the outcome and timing of future events, and involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and CuriosityStream is not under any obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports that CuriosityStream has filed or will file from time to time with the SEC.

In addition to factors previously disclosed in CuriosityStream's reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: (i) risks related to CuriosityStream's ability to maintain and develop new and existing revenue-generating relationships and partnerships or to significantly increase CuriosityStream's subscriber base and retain customers; (ii) the effects of pending and future legislation; (iii) risks of the internet, online commerce and media industry; (iv) the highly competitive nature of the internet, online commerce and media industry and CuriosityStream's ability to compete therein; (v) litigation, complaints, and/or adverse publicity; and (vi) privacy and data protection laws, privacy or data breaches, or the loss of data.

Non-GAAP Financial Measures

To supplement our unaudited consolidated statement of operations, which is prepared in accordance with GAAP, we present Adjusted EBITDA and Adjusted Free Cash Flow in this press release. Our use of non-GAAP financial measures, such as Adjusted EBITDA and Adjusted Free Cash Flow, has limitations as an analytical tool, and these measures should not be considered in isolation or as a substitute for analysis of financial results as reported under GAAP.

The Company is not able to provide expectations of net cash generated from operating activities, the closest comparable GAAP measure to Adjusted Free Cash Flow (a non-GAAP measure), on a forward-looking basis. The Company is unable to predict without unreasonable costs and efforts the ultimate amounts of certain cash receipts and outlays because, in part, such items may have not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. These items are further described in the reconciliation tables and related descriptions below. Further, these items are uncertain, depend on various factors and could be material to the Company's results computed in accordance with U.S. GAAP.

We use these non-GAAP financial measures in conjunction with financial measures prepared in accordance with GAAP for planning purposes, including in the preparation of our annual operating budget, as a measure of our core operating results and the effectiveness of our business strategy, and in evaluating our financial performance. These measures provide consistency and comparability with past financial performance, facilitate period-to-period comparisons of core operating results, and also facilitate comparisons with other peer companies, many of which use similar non-GAAP financial measures to supplement their GAAP results. In addition, Adjusted EBITDA and Adjusted Free Cash Flow are widely used by investors and securities analysts to measure a company's operating performance. We exclude the following items from net income to calculate Adjusted EBITDA: interest and other income (expense), provision for income taxes, depreciation and non-content amortization, loss/(gain) on the change in fair value of our warrants, equity interests loss (gain), impairment of goodwill, intangible assets and content assets, restructuring charges and stock-based compensation. Adjusted Free Cash Flow is calculated as net cash flow used in operating activities less purchases of property and equipment, restructuring charges and nonrecurring license fees.

Investors are cautioned that there are material limitations associated with the use of non-GAAP financial measures as an analytical tool. In particular, (1) although depreciation and amortization expense are non-cash charges, the assets subject to depreciation and amortization may have to be replaced in the future, and Adjusted EBITDA does not reflect cash capital expenditure requirements for such replacements or for new capital expenditure requirements; (2) Adjusted EBITDA does not reflect: (a) changes in, or cash requirements for, our working capital needs; or (b) tax payments that may represent a reduction in cash available to us; and (3) Adjusted Free Cash Flow does not reflect: (a) our cash flow available for discretionary payments; (b) our future contractual commitments (such as any debt service requirements or dividend payments); (c) funds available for investment or other discretionary uses; (d) certain capital expenditure requirements; or (e) the total increase or decrease in our cash balances for the stated period. The non-GAAP financial measures we use may be different from non-GAAP financial measures used by other companies, limiting their usefulness for comparison purposes. We compensate for these limitations by providing specific information regarding the GAAP items excluded from these non-GAAP financial measures. A reconciliation of these non-GAAP financial measures has been provided in the financial statements tables included in this press release and investors are encouraged to review the reconciliation.

About CuriosityStream Inc.

CuriosityStream Inc. (Nasdaq:CURI) is the entertainment brand for people who want to know more. The global media company is home to award-winning original and curated factual films, shows, and series covering science, nature, history, technology, society, and lifestyle. CuriosityStream is also a leader in high-integrity AI video model training and data licensing, extending the reach and value of its premium library. With millions of subscribers worldwide and thousands of titles, the company operates the flagship Curiosity Stream SVOD service, available in more than 175 countries worldwide; Curiosity Channel, the linear television channel available via global distribution partners; Curiosity University, featuring talks from the best professors at the world's most renowned universities as well as courses, short and long-form videos, and podcasts; Curiosity Now, Curiosity History, Curiosity Animals, Curiosity Explora, and other free, ad-supported channels; Curiosity Audio Network, with original content and podcasts; and Curiosity Studios, which oversees original programming. For more information, visit CuriosityStream.com.

Contact:

CuriosityStream Investor Relations
Brett Maas
[email protected]

CuriosityStream Inc.
Condensed Consolidated Balance Sheets

(unaudited and in thousands)

March 31,
2026

December 31,
2025

Assets

Current assets

Cash and cash equivalents

$

16,900

$

18,318

Restricted cash

60

60

Short-term investments in debt and other securities

3,493

8,966

Accounts receivable, net

5,809

8,893

Other current assets

1,207

1,198

Total current assets

27,469

37,435

Investments in debt securities

2,959

-

Investments in equity method investees

3,698

3,668

Property and equipment, net

371

404

Content assets, net

31,311

31,000

Operating lease right-of-use assets

2,684

2,763

Other assets

664

461

Total assets

$

69,156

$

75,731

Liabilities and stockholders' equity

Current liabilities

Content liabilities

$

306

$

362

Accounts payable

6,415

9,449

Accrued expenses and other liabilities

13,455

12,094

Deferred revenue

8,618

8,409

Total current liabilities

28,794

30,314

-

-

Non-current operating lease liabilities

3,347

3,460

Other liabilities

554

470

Total liabilities

32,695

34,244

Commitments and contingencies (Note 13)

Stockholders' equity

Common stock, $0.0001 par value - 125,000 shares authorized as of March 31, 2026, and December 31, 2025; 59,593 shares issued as of March 31, 2026 and 58,950 issued as of December 31, 2025, including 306 and 216 treasury shares; 58,734 shares outstanding as of December 31, 2025; 59,288 shares outstanding as of March 31, 2026.

5

5

Treasury stock

(562

)

(251

)

Additional paid-in capital

379,136

377,577

Accumulated deficit

(342,118

)

(335,844

)

Total stockholders' equity

36,461

41,487

Total liabilities and stockholders' equity

$

69,156

$

75,731

CuriosityStream Inc.
Condensed Consolidated Statements of Operations

Three Months Ended
March 31,

(unaudited and in thousands except per share amounts)

2026

2025

Revenues

$

15,161

$

15,090

Operating expenses

Cost of revenues

6,657

7,080

Advertising and marketing

3,515

2,934

General and administrative

6,533

4,997

16,705

15,011

Operating loss

(1,544

)

79

Change in fair value of warrant liability

-

(7

)

Interest and other income

210

426

Equity method investment income (loss)

30

(151

)

(Loss) income before income taxes

(1,304

)

347

Provision for income taxes

24

28

Net (loss) income

$

(1,328

)

$

319

Net (loss) income per share

Basic

$

(0.02

)

$

0.01

Diluted

$

(0.02

)

$

0.01

Weighted average number of common shares outstanding

Basic

58,949

57,132

Diluted

58,949

57,132

CuriosityStream Inc.
Condensed Consolidated Statements of Cash Flows

Three Months Ended
March 31,

(unaudited and in thousands)

2026

2025

Cash flows from operating activities

Net (loss) income

$

(1,328

)

$

319

Adjustments to reconcile net (loss) income to net cash provided by operating activities

Change in fair value of warrant liability

-

8

Additions to content assets

(4,026

)

(1,828

)

Change in content liabilities

(56

)

(276

)

Amortization of content assets

3,678

3,513

Depreciation and amortization expenses

41

41

Amortization of premiums and accretion of discounts associated with investments in debt securities, net

(32

)

(195

)

Stock-based compensation

2,241

863

Equity method investment (income) loss

(30

)

151

Other non-cash items

161

120

Changes in operating assets and liabilities

Accounts receivable

3,084

(1,619

)

Other assets

(227

)

3

Accounts payable

(3,081

)

(757

)

Accrued expenses and other liabilities

583

2,058

Deferred revenue

202

(479

)

Net cash provided by operating activities

1,210

1,922

Cash flows from investing activities

Purchases of property and equipment

-

(77

)

Sales of investments in debt securities

$

1,000

1,000

Maturities of investments in debt securities

$

4,500

7,400

Purchases of investments in debt securities

$

(2,954

)

(6,253

)

Net cash provided by investing activities

$

2,546

2,070

Cash flows from financing activities

Repurchases of common stock

(311

)

-

Dividends paid

$

(4,862

)

(2,277

)

Payments related to tax withholding

$

(1

)

(358

)

Net cash used in financing activities

$

(5,174

)

(2,635

)

Net (decrease) increase in cash, cash equivalents and restricted cash

(1,418

)

1,357

Cash, cash equivalents and restricted cash, beginning of period

18,378

7,951

Cash, cash equivalents and restricted cash, end of period

16,960

9,308

Supplemental disclosure:

Cash paid for taxes, net

$

61

$

34

Cash paid for operating leases

$

97

$

141

CuriosityStream Inc.
Reconciliation from Net (Loss) Income to Adjusted EBITDA

Three Months Ended
March 31,

(unaudited and in thousands)

2026

2025

Net Loss

$

(1,328

)

$

319

Change in fair value of warrant liability

-

7

Interest and other income

(210

)

(426

)

Provision for income taxes

24

28

Equity method investment income (loss)

(30

)

151

Depreciation and amortization1

41

41

Restructuring2

-

25

Other nonrecurring3

171

93

Stock-based compensation

2,241

863

Adjusted EBITDA

$

909

$

1,101

1 Amounts do not include amortization of content assets.
2 Consists primarily of severance and workforce optimization expenses resulting from a 2024 reduction in force.
3 Consists of nonrecurring license and risk mitigation expenses.

CuriosityStream Inc.
Reconciliation from Net Cash Flow provided by Operating Activities to Adjusted Free Cash Flow

Three Months Ended
March 31,

(In thousands)

2026

2025

Net cash flow provided by operating activities

$

1,210

$

1,922

Restructuring payments1

-

45

Other nonrecurring payments2

65

38

Adjusted Free Cash Flow

$

1,275

$

2,005

1 Consists primarily of severance and workforce optimization payments resulting from 2024 reductions in force.
2 Consists primarily of payments related to risk mitigation efforts.

SOURCE: CuriosityStream

CuriosityStream Inc. (CURI) came out with a quarterly loss of $0.02 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.01 per share a year ago.

Curiosity's Flagship Spanish-Language Offering Now Available

SILVER SPRING, MD / ACCESS Newswire / May 28, 2026 / Curiosity Inc., a leading global factual media company, today announced the launch of Curiosity Stream, on Apple TV channels in Mexico, marking a significant expansion of its international reach.

Viewers in Mexico can now access Curiosity Stream's award-winning documentaries and series in Spanish directly through the Apple TV app, with seamless viewing across iPhone, iPad, Apple TV 4K, and other supported devices, including popular smart TVs from Samsung, LG, Sony, VIZIO, TCL and others, Roku and Amazon Fire TV devices, Chromecast with Google TV, PlayStation and Xbox gaming consoles, and at tv.apple.com. The launch strengthens Curiosity Stream's presence within the Apple TV ecosystem while unlocking new growth opportunities in a Spanish-speaking market.

Curiosity Stream features a deep library of premium documentary films and series spanning science, history, nature, technology, space, and society. From acclaimed originals to globally recognized titles, the service is designed for lifelong learners and intellectually curious audiences worldwide.

"Expanding Curiosity Stream on Apple TV app in Mexico is an important step in our global growth strategy," said Jay Sodha, VP of Business Development and Partnerships at Curiosity. "Mexico is a dynamic and fast-growing streaming market, and we are proud to offer a fully localized content experience tailored to Spanish-speaking audiences. Our availability within the Apple TV app enhances discoverability, simplifies the viewing experience, and enables us to connect with viewers across Mexico in a meaningful way."

The launch in Mexico marks another milestone in Curiosity Stream's continued global expansion within the Apple TV app, following recent launches in Canada, Australia, and New Zealand. The service now spans major international markets including the United States, the UK, the Nordics, and additional territories throughout Europe -- highlighting the company's commitment to scalable growth and global audience engagement through high-quality, localized content.

Through Apple TV channels, subscribers can sign up with a single tap and watch directly within the Apple TV app, benefiting from unified billing, personalized recommendations, and a streamlined viewing experience.

About Curiosity Inc.

Curiosity Inc. is the entertainment brand for people who want to know more. The global media company is home to award-winning original and curated factual films, shows, and series covering science, nature, history, technology, society, and lifestyle. Curiosity is also a leader in high-integrity AI video model training and data licensing, extending the reach and value of its premium library. With millions of subscribers worldwide and thousands of titles, the company operates the flagship Curiosity Stream SVOD service, available in more than 175 countries worldwide; Curiosity Channel, the linear television channel available via global distribution partners; Curiosity University, featuring talks from the best professors at the world's most renowned universities as well as courses, short and long-form videos, and podcasts; Curiosity Now, Curiosity History, Curiosity Animals, Curiosity Explora, and other free, ad-supported channels; Curiosity Audio Network, with original content and podcasts; and Curiosity Studios, which oversees original programming. Curiosity Inc. is a wholly owned subsidiary of CuriosityStream Inc. (Nasdaq:CURI). For more information, visit CuriosityStream.com.

Media Contact:

Vanessa Gillon
[email protected]

SOURCE: CuriosityStream

Posted by Defense World Staff on Apr 6th, 2026

PubMatic, Inc. (NASDAQ:PUBM – Get Free Report) insider Mukul Kumar sold 7,830 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $8.17, for a total value of $63,971.10. Following the completion of the sale, the insider owned 99,485 shares in the company, valued at $812,792.45. This represents a 7.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

PubMatic Stock Performance PubMatic stock opened at $8.27 on Monday. The stock has a market cap of $392.00 million, a PE ratio of -26.68 and a beta of 1.48. The stock has a 50-day moving average price of $7.55 and a 200 day moving average price of $8.23. PubMatic, Inc. has a 52 week low of $6.15 and a 52 week high of $13.88.

PubMatic (NASDAQ:PUBM – Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.13. PubMatic had a negative net margin of 5.11% and a negative return on equity of 5.64%. The company had revenue of $80.05 million for the quarter, compared to analyst estimates of $76.12 million. On average, equities analysts predict that PubMatic, Inc. will post 0.22 EPS for the current year.

Trending Headlines about PubMatic Here are the key news stories impacting PubMatic this week:

Positive Sentiment: Recent fundamentals: PubMatic reported a quarterly earnings beat (Feb. 26) with EPS $0.29 vs. $0.16 expected and revenue $80.05M vs. $76.12M expected — a point in support of the stock. Earnings / Marketbeat Neutral Sentiment: Technical/context: shares have traded around the low single digits relative to their 50-day ($7.54) and 200-day ($8.23) SMAs, leaving limited upside unless demand returns. Price summary Negative Sentiment: CEO Rajeev K. Goel sold 49,916 shares at an average $8.17, reducing his holding by ~51.1% (proceeds ~$407.8K) — a large top-exec divestiture that can be viewed as a negative signal on insider conviction. SEC Filing Negative Sentiment: CFO Steven Pantelick sold 16,747 shares at ~$8.17 (proceeds ~$136.8K), a ~22.5% cut in his position — further top-team selling that may amplify negative market reaction. SEC Filing Negative Sentiment: Chairman Amar K. Goel sold 6,528 shares at ~$8.17 (proceeds ~$53.3K), trimming his stake by ~21.3% — another insider reduction from the board level. SEC Filing Negative Sentiment: Other insiders (Mukul Kumar and General Counsel Andrew Woods) sold 7,830 and 5,710 shares respectively at ~$8.17, modestly reducing their positions — adds breadth to the insider selling pattern. Kumar SEC Filing Woods SEC Filing Analyst Upgrades and Downgrades PUBM has been the topic of a number of analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of PubMatic in a research report on Thursday, January 22nd. Rosenblatt Securities reissued a “buy” rating and set a $21.00 price target on shares of PubMatic in a research note on Friday, March 20th. Lake Street Capital upgraded PubMatic from a “hold” rating to a “strong-buy” rating in a report on Friday, February 27th. Wall Street Zen downgraded PubMatic from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Wolfe Research reiterated an “outperform” rating and issued a $14.00 target price on shares of PubMatic in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, PubMatic has an average rating of “Moderate Buy” and a consensus price target of $12.63.

View Our Latest Stock Report on PubMatic

Institutional Investors Weigh In On PubMatic A number of institutional investors have recently bought and sold shares of the stock. Roubaix Capital LLC purchased a new position in PubMatic during the third quarter worth approximately $2,247,000. CenterBook Partners LP grew its stake in shares of PubMatic by 239.0% during the 3rd quarter. CenterBook Partners LP now owns 748,460 shares of the company’s stock valued at $6,197,000 after buying an additional 527,650 shares during the period. Acuitas Investments LLC grew its stake in shares of PubMatic by 142.8% during the 3rd quarter. Acuitas Investments LLC now owns 355,651 shares of the company’s stock valued at $2,945,000 after buying an additional 209,159 shares during the period. Pinnacle Holdings LLC increased its holdings in shares of PubMatic by 7.8% during the 3rd quarter. Pinnacle Holdings LLC now owns 138,822 shares of the company’s stock worth $1,149,000 after buying an additional 9,997 shares during the last quarter. Finally, Counterpoint Mutual Funds LLC acquired a new stake in shares of PubMatic during the 3rd quarter worth $360,000. 64.26% of the stock is currently owned by hedge funds and other institutional investors.

About PubMatic (Get Free Report)

PubMatic is a cloud-based digital advertising technology company that provides a supply-side platform (SSP) enabling publishers to automate and optimize the sale of their ad inventory across display, mobile, video and connected TV channels. Its core offerings include real-time bidding infrastructure, header bidding solutions under the OpenWrap brand and data analytics tools that deliver actionable insights on audience engagement and monetization performance. By facilitating seamless auctions and providing transparent reporting, PubMatic helps publishers maximize yield while improving buyer experiences.

Founded in 2006 by Rajeev Goel and a team of ad-tech veterans, PubMatic grew from an early entrant in programmatic selling to a publicly traded company, listing on the Nasdaq (symbol: PUBM) in December 2020.

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NO-HEADQUARTERS/REDWOOD CITY, Calif.--(BUSINESS WIRE)--PubMatic, Inc. (Nasdaq: PUBM), the leading AI-powered ad tech company delivering digital advertising performance, today announced that it will release its financial results for the quarter ended March 31, 2026 after market close on Thursday, May 7, 2026. On that day, PubMatic will host a webcast at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss the company’s financial results.

Webcast Details

What: PubMatic’s First Quarter 2026 Earnings Webcast When: Thursday, May 7, 2026, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) Webcast: A live and archived webcast can be accessed from the News & Events section of PubMatic’s Investor Relations website: https://investors.pubmatic.com About PubMatic

PubMatic is the leading AI-powered ad tech company delivering digital advertising performance. Through an intelligent, unified platform that connects buyers, publishers, data partners, and commerce media networks, PubMatic delivers superior performance with greater transparency, control, and efficiency. Since 2006, PubMatic has pioneered major advances in programmatic advertising, from enabling the first OpenRTB transactions to embedding AI-driven optimization and privacy-focused innovation across its platform. With omnichannel scale, proven reliability, and a track record of continuous innovation, PubMatic is building a more intelligent, profitable, and sustainable open internet. Built to Connect. Powered to Perform.

More News From PubMatic, Inc.

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NO-HEADQUARTERS/REDWOOD CITY, Calif.--(BUSINESS WIRE)--PubMatic, Inc. (Nasdaq: PUBM), the leading AI-powered ad tech company delivering digital advertising performance, today reported preliminary unaudited results for revenue and Adjusted EBITDA in the first quarter of 2026, and announced leadership transitions to position the company for its next phase of growth.

Strong Q1 Results Reflect Business Momentum

The Company expects first quarter 2026 revenue to be approximately $62.4 million, with approximately $2.5 million in adjusted EBITDA. These figures exceed PubMatic’s previously-issued first quarter 2026 guidance of $58.0 million to $60.0 million in revenue and $(0.5) to $1.0 million in adjusted EBITDA. These results highlight strong execution across the business and leadership in agentic advertising.

"Agentic AI is creating a structural shift that is redefining the entire digital advertising market. Our AI solutions are seeing the fastest adoption of any product launch in our history," said Rajeev Goel, co-founder and CEO of PubMatic. "This momentum is creating a unique opportunity to evolve our organization to best serve this transformation."

Strategic Organizational Evolution

As PubMatic enters this period of transformation, the company is taking the opportunity to evolve its go-to-market structure. Two valued members of PubMatic's leadership team have decided to transition out of their roles. After 15 years at PubMatic, Chief Growth Officer Paulina Klimenko is stepping down to focus on her health. Chief Revenue Officer for the Americas Kyle Dozeman is departing to pursue an entrepreneurship opportunity. Both transitions reflect personal priorities and come at a moment when the company's strong execution and strategic clarity create an ideal opportunity for organizational evolution.

To position the organization to capitalize on the accelerating momentum, PubMatic has retained Heidrick & Struggles to conduct a search for a global Chief Revenue Officer. The company intends to consolidate all revenue-generating functions under this global Chief Revenue Officer, positioning the organization for accelerated, long-term profitable growth across the business.

“I’m incredibly proud of what we’ve built together at PubMatic over the past 15 years,” said Paulina Klimenko, Chief Growth Officer. “The business is in a strong position, and now is the right time for me to focus on my health. I’m confident in the team and excited to see the company scale new heights from here.”

“I’ve been honored to lead our Americas business and witness the acceleration in AI adoption and CTV momentum firsthand,” said Kyle Dozeman, Chief Revenue Officer, Americas. “The strength of our organization and clarity of our direction made this the right time to pursue an exciting entrepreneurship opportunity. I’m grateful for the 13 years I’ve spent here, and confident the team will continue to thrive.”

Paulina Klimenko will remain in her role through July 2026 to ensure a structured transition. Kyle Dozeman will remain with PubMatic through the end of May and continue in an advisory capacity thereafter. Chief Revenue Officers Emma Newman (EMEA) and Jason Barnes (APAC) will continue to lead their respective regions.

“Paulina and Kyle are exceptional leaders who have been instrumental in building our business and culture,” continued Rajeev Goel. “I’m grateful for their contributions and wish them the best in what comes next for them. As we move forward, we remain deeply focused on execution, putting our customers first, and delivering the trust, innovation, and advertising performance they expect. We have a tremendous opportunity in front of us, and I’m confident in the strength of our organization and strategic direction.”

Earnings Call and Full Results

As previously announced, PubMatic will release its audited financial results for the quarter ended March 31, 2026 after market close on Thursday, May 7, 2026. On that day, PubMatic will host a webcast at 1:30pm Pacific Time (4:30pm Eastern Time) to discuss the company’s financial results. A live and archived webcast can be accessed from the News & Events section of PubMatic’s Investor Relations website: https://investors.pubmatic.com

Non-GAAP Financial Measures

To supplement its financial information presented in accordance with U.S. generally accepted accounting principles (“GAAP”), PubMatic uses certain non-GAAP financial measures, including adjusted EBITDA. PubMatic believes these non-GAAP measures provide useful information about its operating performance, enhance comparability across periods, and assist investors in evaluating the Company’s core business results. However, these measures have limitations as analytical tools and should not be considered in isolation from, or as a substitute for, GAAP financial information.

Adjusted EBITDA is defined as net income (loss) adjusted for stock-based compensation expense, depreciation and amortization, litigation-related expenses, interest income, and provision for (benefit from) income taxes.

Because this press release presents only preliminary results, a full reconciliation of these non-GAAP measures to their most directly comparable GAAP measures is not available. A reconciliation will be provided in PubMatic’s complete first quarter 2026 earnings press release, expected to be released on May 7, 2026.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “should,” “will,” “would” or similar expressions. Forward-looking statements in this press release include, but are not limited to: the Company’s preliminary and expected first quarter 2026 revenue and adjusted EBITDA results; completion of the Company’s quarter-end financial closing procedures; the expected date of the Company’s full first quarter 2026 earnings release; the Company’s leadership transition and global CRO search; and the Company’s expectations regarding its business strategy, growth opportunities, and long-term revenue growth.

These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the Company’s actual results, performance, or achievements to be materially different from those expressed or implied. Such factors include, but are not limited to: completion of the Company’s normal quarter-end financial closing procedures; potential adjustments arising from the application of accounting principles or from the review by the Company’s independent registered public accounting firm; changes in the digital advertising industry, competitive conditions, and macroeconomic environment; the Company’s ability to attract and retain qualified leadership; and other risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and in the Company’s subsequent reports filed with the SEC.

The forward-looking statements in this press release represent the Company’s views as of the date of this press release. PubMatic undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as may be required by applicable law or regulation.

Preliminary Results

The Company’s preliminary unaudited financial results in this press release for the first quarter ended March 31, 2026 are preliminary, unaudited and subject to completion, and may change as a result of management’s continued review. Such preliminary results are subject to the finalization of quarter-end financial and accounting procedures. The preliminary financial results represent management estimates that constitute forward-looking statements subject to risks and uncertainties. As a result, the preliminary financial results may materially differ from the actual results when they are completed and publicly disclosed. These preliminary results should not be viewed as a substitute for the Company's full first quarter financial statements and do not present all information necessary for a complete understanding of financial performance.

About PubMatic

PubMatic is the leading AI-powered ad tech company delivering digital advertising performance. Through an intelligent, unified platform that connects buyers, publishers, data partners, and commerce media networks, PubMatic delivers superior performance with greater transparency, control, and efficiency. Since 2006, PubMatic has pioneered major advances in programmatic advertising, from enabling the first OpenRTB transactions to embedding AI-driven optimization and privacy-focused innovation across its platform. With omnichannel scale, proven reliability, and a track record of continuous innovation, PubMatic is building a more intelligent, profitable, and sustainable open internet. Built to Connect. Powered to Perform.

More News From PubMatic, Inc.

PubMatic, Inc. (PUBM - Free Report) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on May 7, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis company is expected to post quarterly loss of $0.01 per share in its upcoming report, which represents a year-over-year change of +75%.

Revenues are expected to be $60.16 million, down 5.8% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.47% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for PubMatic?For PubMatic, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that PubMatic will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that PubMatic would post earnings of $0.16 per share when it actually produced earnings of $0.29, delivering a surprise of +81.25%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

PubMatic doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsMatch Group (MTCH - Free Report) , another stock in the Zacks Internet - Software industry, is expected to report earnings per share of $0.92 for the quarter ended March 2026. This estimate points to a year-over-year change of +37.3%. Revenues for the quarter are expected to be $854.87 million, up 2.9% from the year-ago quarter.

The consensus EPS estimate for Match Group has remained unchanged over the last 30 days. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +3.26%.

This Earnings ESP, combined with its Zacks Rank #2 (Buy), suggests that Match Group will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

NO-HEADQUARTERS/REDWOOD CITY, Calif.--(BUSINESS WIRE)--PubMatic announces first quarter 2026 financial results, with revenue and adjusted EBITDA ahead of guidance.

PubMatic, Inc. (PUBM) Q1 2026 Earnings Call Transcript

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NO-HEADQUARTERS/REDWOOD CITY, Calif.--(BUSINESS WIRE)--PubMatic, Inc. (Nasdaq: PUBM), the leading AI-powered ad tech company delivering digital advertising performance, today announced that members of its management team are scheduled to participate at the following upcoming financial conferences:

21st Annual Needham Technology, Media & Consumer Conference in New York, NY on May 13, 2026. Management will participate in a webcasted fire-side chat at 10:15 a.m. ET and host 1x1 meetings. 2026 Jefferies Software, Internet & AI Conference in Newport Coast, CA on May 27, 2026. Management will host 1x1 meetings. Evercore TMT Global Conference in San Francisco, CA on June 3, 2026. Management will participate in a webcasted fire-side chat at 2:10 p.m. PT and host meetings. Rosenblatt’s 6th Annual Virtual Technology Summit on June 9, 2026. Management will host 1x1 meetings. A webcast of the fire-side chat will be available in the “Events” section of PubMatic’s investor relations website at https://investors.pubmatic.com/news-events/investor-calendar. The webcast replay will be available following the conclusion of the live presentations for 90 days.

About PubMatic

PubMatic is the leading AI-powered ad tech company delivering digital advertising performance. Through an intelligent, unified platform that connects buyers, publishers, data partners, and commerce media networks, PubMatic delivers superior performance with great transparency, control, and efficiency. Since 2006, PubMatic has pioneered major advances in programmatic advertising, from enabling the first OpenRTB transactions to embedding AI-driven optimization and privacy-focused innovation across its platform. With omnichannel scale, proven reliability, and a track record of continuous innovation, PubMatic is building a more intelligent, profitable, and sustainable open internet. Built to Connect. Powered to Perform.

More News From PubMatic, Inc.

Back to Newsroom

From a technical perspective, PubMatic, Inc. (PUBM - Free Report) is looking like an interesting pick, as it just reached a key level of support. PUBM recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.

Like other SMAs, if a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.

PUBM could be on the verge of another rally after moving 11.5% higher over the last four weeks. Plus, the company is currently a Zacks Rank #3 (Hold) stock.

The bullish case solidifies once investors consider PUBM's positive earnings estimate revisions. No estimate has gone lower in the past two months for the current fiscal year, compared to 1 higher, while the consensus estimate has increased too.

Investors may want to watch PUBM for more gains in the near future given the company's key technical level and positive earnings estimate revisions.

PubMatic, Inc. (PUBM - Free Report) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.

Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core.

The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.

For PubMatic, Inc., there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year.

The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:

12 Month EPS

Current-Quarter Estimate RevisionsThe earnings estimate of $0.03 per share for the current quarter represents a change of -40.0% from the number reported a year ago.

Over the last 30 days, two estimates have moved higher for PubMatic compared to no negative revisions. As a result, the Zacks Consensus Estimate has increased 31.34%.

Current-Year Estimate RevisionsThe company is expected to earn $0.37 per share for the full year, which represents a change of +12.1% from the prior-year number.

There has been an encouraging trend in estimate revisions for the current year as well. Over the past month, one estimate has moved up for PubMatic versus one negative revision. This has pushed the consensus estimate 34.21% higher.

Favorable Zacks RankOur research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.

Bottom LineWhile strong estimate revisions for PubMatic have attracted decent investments and pushed the stock 17% higher over the past four weeks, further upside may still be left in the stock. So, you may consider adding it to your portfolio right away.

PubMatic (Nasdaq: PUBM), the leading AI-powered ad tech company delivering digital advertising performance, today announced Decision Fabric, a containerization

COLUMBUS, Ohio, April 21, 2026 (GLOBE NEWSWIRE) -- When a safe driver with decades of accident-free driving opens a renewal bill and sees their rate unchanged or higher, that’s not an anomaly. According to a new national survey from Root (NASDAQ: ROOT), the leading technology company in car insurance, it’s consistent with respondents’ views of a pricing system that relies more on group-based factors than individual driving behavior. Root’s “The Future of Car Insurance: A Consumer Demand Report,” released today, surveyed and collected responses from 1,000 licensed U.S. drivers and found that frustration with traditional insurance pricing runs deepest among those who have the most to show for their driving record.

Baby Boomers, the generation with the longest driving records, are 2.2 times more likely than Millennial and Gen Z drivers to view the current risk pooling system as unfair, according to respondents. This is an inversion of the conventional assumption that younger, higher-premium drivers are the most aggrieved. The culprit is a pricing model that relies on demographic factors like age, occupation, education, and credit scores, which means decades of safe driving may not move the needle on what anyone pays.

Other key findings from the report, based on the drivers polled, include the following:

95% of drivers want their insurance rates based on their actual driving habits, rather than demographic proxies.77% of drivers say car insurance pricing is outdated compared to today’s auto technology, as car ownership costs climb.Root’s proprietary data shows safe drivers who switch to behavior-based pricing save up to 28% on their premiums.
“A driver with 30 years of clean records is being priced against averages that have nothing to do with how they drive. We believe that is a structural failure,” said Alex Timm, Founder and CEO of Root. “Root was built on the premise that your rate should reflect your behavior behind the wheel. This data underscores that the American driver, regardless of age or location, is ready to adopt a more fair model that finally aligns pricing with behavior.”

The findings suggest widespread demand among respondents for a modernized insurance model, revealing that the majority of drivers feel their premiums are outdated, too expensive, and systematically unfair. By embracing a modern, personalized model powered by telematics, insurers may address this fairness gap while offering substantial financial relief. This approach could transform insurance from an opaque financial burden to an empowering tool that rewards individual performance.

Read the full report at joinroot.com/reports. To see where Root is available nationwide, visit joinroot.com/availability.

Methodology of The Future of Car Insurance: A Consumer Demand Report
The report combines a survey of approximately 1,000 licensed U.S. drivers with Root Insurance’s proprietary internal data to analyze potential relationships between driver behavior and insurance pricing. The survey was conducted in September 2025 in partnership with Pollfish. Respondents were composed of U.S. adults aged 18 and older. By integrating attitudinal insights from the survey on car insurance pricing with driving behavior data, we believe this methodology helps inform our understanding of trends shaping modern auto insurance.

Respondents for this survey were selected from among those who have agreed to participate in online surveys. The data has been weighted to approximate the composition of the adult population. Because the sample is based on those who agreed to participate in our panel, no estimates of theoretical sampling error can be calculated. Propensity score weighting was also used to adjust for respondents’ propensity to be online. As a result, the findings may not be fully representative of all U.S. drivers.

All sample surveys and polls, whether or not they use probability sampling, are subject to multiple sources of error, which are most often not possible to quantify or estimate, including sampling error, coverage error, error associated with nonresponse, error associated with question wording and response options, and post-survey weighting and adjustments. Any calculated margins of error are theoretical and apply only to idealized random samples with full response rates, which are not present here.

Data Privacy
Data privacy is extremely important to Root. All data used in this survey was collected with the permission of drivers who enabled app permissions for Root to measure their driving. Root handles all data in accordance with its Privacy Policy, available at www.joinroot.com/privacy.

About Root, Inc.
Root is revolutionizing insurance through data science and technology to provide consumers a personalized, easy, and fair experience. Since launching in 2015, the Root app has more than 17 million downloads and has collected almost 36 billion miles of driving data to inform its insurance offerings. Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company.

For more information, visit root.com.

Contacts
Media:
[email protected]

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws regarding Root, Inc. These forward-looking statements relate to, among other things, expectations about consumer sentiments and our future business results. Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict, including our ability to profitably acquire and retain new customers through the partnerships. We have based our forward-looking statements on our current expectations, estimates and projections about our industry and our company. We caution that these statements are not guarantees of future performance and you should not rely unduly on them, as they involve risks, uncertainties and assumptions that we cannot predict and many of which are beyond our control. Accordingly, our actual results may differ materially from the future performance that we have expressed or forecast in our forward-looking statements. In accordance with "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we have included in Root's Form 10-K for the year ended Dec. 31, 2025, and other SEC filings, cautionary language identifying important factors, though not necessarily all such factors, that could cause future outcomes to differ materially from those set forth in the forward-looking statements. Copies of Root's Form 10-K and other SEC filings are available on the SEC's website, Root's website at ir.joinroot.com/investor-relations or by contacting Root's Investor Relations office.

Posted by Defense World Staff on Apr 24th, 2026

Root, Inc. (NASDAQ:ROOT – Get Free Report) has been given a consensus rating of “Hold” by the seven brokerages that are covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $92.40.

ROOT has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods dropped their price target on shares of Root from $104.00 to $95.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. UBS Group dropped their price target on shares of Root from $90.00 to $52.00 and set a “neutral” rating on the stock in a report on Monday, March 9th. Zacks Research raised shares of Root from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Weiss Ratings raised shares of Root from a “sell (d+)” rating to a “hold (c)” rating in a report on Thursday, February 26th. Finally, Wall Street Zen raised shares of Root from a “sell” rating to a “hold” rating in a report on Saturday, February 28th.

Read Our Latest Stock Report on ROOT

Root Stock Performance Shares of ROOT stock opened at $53.96 on Friday. Root has a one year low of $40.91 and a one year high of $162.99. The company’s 50-day moving average is $49.65 and its 200 day moving average is $66.48. The company has a market capitalization of $839.62 million, a price-to-earnings ratio of 23.26 and a beta of 2.90. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.21 and a current ratio of 1.21.

Root (NASDAQ:ROOT – Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.28. The firm had revenue of $397.00 million for the quarter, compared to the consensus estimate of $381.57 million. Root had a net margin of 2.58% and a return on equity of 15.34%. The business’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.30 EPS. Sell-side analysts expect that Root will post 2.15 EPS for the current fiscal year.

Institutional Trading of Root Institutional investors have recently made changes to their positions in the stock. Gilder Gagnon Howe & Co. LLC boosted its holdings in shares of Root by 3.0% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 6,225 shares of the company’s stock worth $797,000 after buying an additional 181 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Root by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,141 shares of the company’s stock worth $686,000 after buying an additional 229 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of Root by 2.9% in the third quarter. Rhumbline Advisers now owns 15,811 shares of the company’s stock worth $1,415,000 after buying an additional 443 shares during the last quarter. Gabelli Funds LLC boosted its holdings in shares of Root by 10.9% in the third quarter. Gabelli Funds LLC now owns 5,100 shares of the company’s stock worth $457,000 after buying an additional 500 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Root by 2.4% in the fourth quarter. Swiss National Bank now owns 21,500 shares of the company’s stock worth $1,553,000 after buying an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 59.82% of the company’s stock.

About Root (Get Free Report)

Root, trading on the Nasdaq under the ticker ROOT, is a Columbus, Ohio–based insurance company that leverages mobile technology and data analytics to offer personalized auto insurance policies. Founded in 2015 by Alex Timm and Dan Manges, Root set out to transform traditional underwriting by focusing on individual driving behavior rather than broad demographic factors.

The company’s core product is usage-based auto insurance, delivered through a smartphone app that monitors driving patterns such as speed, braking and phone usage behind the wheel.

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COLUMBUS, Ohio, April 29, 2026 (GLOBE NEWSWIRE) -- Root (NASDAQ: ROOT), the leading technology company in car insurance, today announced the launch of its 24-hour agent appointment program, enabling independent insurance agents to complete onboarding and begin selling policies in as little as one day.

Key Highlights

Independent agents can get appointed and start selling within 24 hoursRoot has appointed more than 7,500 agents since launching~2,400 agents added in 2026 alone
Why This Matters
Traditional insurance carrier onboarding often takes weeks, slowing down agency growth and limiting access to new markets. Root Insurance’s 24-hour agent appointment program compresses this process into a single-day, fully digital experience, giving independent agents faster access to revenue opportunities.

A Faster, Simpler Agent Experience
Since launching the program in 2025, Root Insurance has rapidly scaled its agent network by combining automation, digital contracting, and streamlined underwriting workflows. Qualified agents can fast-track their access to Root by requesting an appointment online and completing the accelerated vetting process within 24 hours.

“We built this program to give independent agents a true competitive advantage,” said Jill Kellett, Senior Vice President of Product at Root Insurance. “By prioritizing speed and simplicity, we’re helping agents access new revenue opportunities almost instantly.”

Built for All Independent Agencies
Root Insurance designed the program to lower traditional barriers to entry, making it easier for:

Small and mid-sized agencies to compete by closing the gap between scale and product accessAgencies to expand carrier access quicklyAgents to move at the pace of modern business while still meeting rigorous market standards
National Agent Network
Root Insurance continues to expand its independent agent channel as part of its broader strategy to modernize insurance distribution.

Currently, 15,000+ independent agents are appointed with Root4,000+ agencies are approved to sell Root policiesActive in most states where Root writes business
The program gives agents access to a specialized portal that delivers fast, accurate, and bindable quotes, helping agents serve customers more efficiently. The 24-hour appointment process is now available to qualified agents across the majority of Root’s operating footprint. Independent agents can learn more or request an appointment by visiting joinroot.com/agents.

Frequently Asked Questions

What is Root Insurance’s 24-hour agent appointment program?
It is a fully digital onboarding process that allows independent insurance agents to become appointed and start selling Root policies within 24 hours.

How fast can agents start selling insurance with Root?
Qualified agents can complete onboarding and begin quoting bindable policies in as little as 24 hours. Note that an appointment within 24-hours depends on several factors, including the agent submitting the required documents and meeting qualification standards.

How is this different from traditional insurance carriers?
Most carriers require weeks for agent appointments. Root Insurance reduces this timeline to 24 hours using automation and digital workflows.

Who is eligible for the program?
Qualified independent agents operating in states where Root writes business can apply through the online appointment process. Independent agents can learn more at joinroot.com/agents.

About Root, Inc.
Root Insurance is a technology company revolutionizing car insurance through data science and automation. The Root app has reached more than 17 million downloads and has analyzed nearly 36 billion miles of driving data to deliver personalized and fair pricing. Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company.

Learn more at root.com.

Media Contact
[email protected]

Partnership Inquiries
[email protected]

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws regarding Root, Inc. These forward-looking statements relate to, among other things, expectations about our future business results. Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. We have based our forward-looking statements on our current expectations, estimates and projections about our industry and our company. We caution that these statements are not guarantees of future performance and you should not rely unduly on them, as they involve risks, uncertainties and assumptions that we cannot predict and many of which are beyond our control. Accordingly, our actual results may differ materially from the future performance that we have expressed or forecast in our forward-looking statements. In accordance with "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we have included in Root's Form 10-K for the year ended Dec. 31, 2025, and other SEC filings, cautionary language identifying important factors, though not necessarily all such factors, that could cause future outcomes to differ materially from those set forth in the forward-looking statements. Copies of Root's Form 10-K and other SEC filings are available on the SEC's website, Root's website at ir.joinroot.com/investor-relations or by contacting Root's Investor Relations office.

COLUMBUS, Ohio, May 06, 2026 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the leading technology company in car insurance, today announced it has successfully refinanced its existing debt into a new term loan facility led by The Huntington National Bank. In addition, Root’s board of directors has authorized the company to repurchase up to $75 million of its Class A common stock. Together, these actions further optimize the company’s capital structure and reflect its strong financial position, disciplined capital management, and commitment to enhancing long-term stockholder value.

"These actions reflect the strength of our operating performance and the progress we’ve made improving our cost of capital,” said Alex Timm, Founder and CEO of Root. “With a more efficient capital structure, we have greater flexibility to allocate capital dynamically. Our focus remains unchanged: deploying capital where we see the highest risk-adjusted returns, across both investing in the business and returning capital to stockholders.”

Debt Refinancing

On May 4, 2026, Root completed a $200 million senior secured term loan financing led by The Huntington National Bank. The term loan matures on May 4, 2029. Root used the proceeds from the term loan to repay its existing $200 million term loan facility with BlackRock and secure lower-cost bank financing. The term loan initially bears interest at SOFR + 3.25%, with pricing based on the company’s debt-to-capital ratio. This term loan represents a 225 basis point reduction from the prior facility and is expected to generate approximately $4.5 million in annual interest expense savings. In the second quarter of 2026, Root will expense approximately $4.8 million of unamortized debt discount, issuance costs, and a prepayment premium related to the prior term loan. The new credit facility enhances Root’s capital flexibility, including increased capacity to opportunistically execute share repurchases while continuing to invest in strategic priorities.

Share Repurchase Program

Root’s board of directors has authorized a share repurchase program of up to $75 million. Root may utilize various methods to effect any repurchases, which could include open market purchases, privately negotiated transactions, block purchases, accelerated share repurchase agreements or a combination of methods, including pursuant to trading plans adopted under Rule 10b5-1 under the Securities Exchange Act of 1934. The share repurchase program is intended to provide flexibility and enable opportunistic repurchases. It has no fixed expiration date, does not obligate Root to repurchase any specific number of shares or dollar amount, and may be modified, suspended, or discontinued at any time at the discretion of Root’s board of directors.

About Root, Inc.
Root Insurance is a technology company revolutionizing car insurance through data science and automation. The Root app has reached more than 17 million downloads and has analyzed nearly 36 billion miles of driving data to deliver personalized and fair pricing. Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company.

Learn more at root.com.

Contacts
Media:
[email protected]

Investor Relations:
[email protected]

Forward-Looking Statements

This press release contains forward-looking statements relating to, among other things, our share repurchase program, capital strategy, and the future performance of Root and its consolidated subsidiaries that are based on Root’s current expectations, forecasts, and assumptions, and involve risks and uncertainties. All statements other than statements of historical facts contained in this press release are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “path,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would” or the negative of these words or other similar terms or expressions. These forward-looking statements include, but are not limited to, statements regarding: our share repurchase expectations; the anticipated benefits of our new term loan; our expected financial results for 2026; our ability to retain existing customers, acquire new customers and expand our customer reach; our expectations regarding our future financial performance, including total revenue, gross profit, net income (loss), direct contribution, adjusted EBITDA, net loss and loss adjustment expense (LAE) ratio, net expense ratio, net combined ratio, gross loss ratio, marketing costs and costs of customer acquisition, gross LAE ratio, gross expense ratio, gross combined ratio, operating expenses, quota share levels, changes in unencumbered cash balances and expansion of our new and renewal premium base; our ability to realize profits, acquire customers, retain customers, contract with additional partners to utilize the products, or achieve other benefits from our embedded insurance offering; our ability to expand our distribution channels through additional partnership relationships, digital media, independent agents and referrals; our ability to maintain, and drive a significant long-term competitive advantage through, our partnership with Carvana Group, LLC (Carvana), and other partnerships, such as our partnerships with Hyundai Capital America, Toyota and Experian; our ability to develop products for embedded insurance and other partners; the impact of geopolitical instability, supply chain disruptions, increasing inflation, a potential increase in tariffs or the implementation of new tariffs, a recession and/or disruptions to properly functioning financial and capital markets and interest rates on our business and financial condition; our ability to remain profitable and extend our capital runway; our goal to be licensed in all states in the United States and the timing of obtaining additional licenses and launching in new states; the accuracy and efficiency of our telematics and behavioral data, and our ability to gather and leverage existing and additional data; our ability to materially improve retention rates and our ability to realize benefits from retaining customers; our ability to underwrite risks accurately and charge profitable rates; our ability to maintain our business model and improve our capital and marketing efficiency; our ability to drive improved conversion and decrease the cost of customer acquisition; our ability to maintain and enhance our brand and reputation; our ability to effectively manage the growth of our business; our ability to raise additional capital efficiently or at all; our ability to improve our product offerings, introduce new products and expand into additional insurance lines; our ability to cross sell our products and attain greater value from each customer; our ability to compete effectively with existing competitors and new market entrants in our industry; future performance of the markets in which we operate; our ability to operate a “capital-efficient” business and obtain and maintain desirable levels of reinsurance; the effect of further reductions in the utilization of reinsurance, which would result in retention of more premium and losses and could cause our capital requirements to increase; our ability to realize economies of scale; our ability to attract, motivate and retain key personnel, or hire personnel, and to offer competitive compensation and benefits; our ability to deliver a vertically integrated customer experience; our ability to develop products that utilize telematics to drive better customer satisfaction and retention; our ability to protect our intellectual property and any costs associated therewith; our ability to develop an autonomous claims experience; our ability to take rate action early and react to changing environments; our ability to meet risk-based capital requirements; our ability to realize benefits from our Texas county mutual fronting arrangement; our ability to expand domestically; our ability to comply with laws and regulations that currently apply or become applicable to our business; the impact of litigation or other losses; changes in laws or regulations, or changes in the interpretation of laws or regulations by a regulatory authority, specific to the use of artificial intelligence, or AI, telematics data and the consent to use telematics data, connected car data, and other sources of data, or relating to taxation, including changes in tax regulations, or guidance promulgated pursuant to the new legislation implemented in the One Big Beautiful Bill Act, or the OBBBA; the impact of moratoriums, mandates and similar regulations or requests related to federal government shutdowns or other economic disruptions that negatively impact our ability to charge or increase premiums or result in increased premium write-offs; our ability to defend against cybersecurity threats and prevent, or recover from, a security incident or other significant disruption of our technology systems or those of our partners and third-party service providers; the effect of interest rates on our available cash and our ability to maintain compliance with our term loan; our ability to maintain proper and effective internal control over financial reporting; and the growth rates of the markets in which we compete. Root’s actual results could differ materially from those predicted or implied by such forward-looking statements, and reported results should not be considered as an indication of future performance.

Factors that could cause or contribute to such differences also include, but are not limited to, those factors that could affect Root’s business, operating results, and stock price included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Root’s 2025 Annual Report on Form 10-K at http://ir.joinroot.com or the SEC’s website at www.sec.gov.

Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to Root on the date hereof. We assume no obligation to update such statements.

Root, Inc. (ROOT) Q1 2026 Earnings Call Transcript

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Root Inc. has transitioned from heavy losses to two consecutive years of profitability, driven by improved underwriting and disciplined operations. ROOT's combined ratio improved from 133.2% to below 100%, with net profits of $40.3M and $30.9M in 2025 and 2024, respectively. Distribution partnerships and better customer selection, as well as telematics, appear to have been key to ROOT's turnaround.

COLUMBUS, Ohio, June 04, 2026 (GLOBE NEWSWIRE) -- Root (NASDAQ: ROOT), the leading technology company in car insurance, and Hugo, the first pay-at-your-pace liability insurance, announced today a new partnership that expands access to affordable full coverage options and creates a simpler path for drivers to find coverage that fits both their needs and budget.

Root will serve as an expanded full coverage option for Hugo customers, giving drivers access to coverage that complements Hugo's industry leading liability insurance payment options. The new integration connects customers seeking full coverage with Root’s instant, personalized insurance offering through Hugo’s modern digital experience. By expanding access to coverage options, the partnership gives drivers more choice and flexibility as they evaluate insurance solutions that align with their unique circumstances at the moment they’re making decisions, without sacrificing value or convenience.

"Hugo is helping make insurance more accessible by meeting customers where they are and offering greater flexibility in how they purchase and manage coverage," said Jason Shapiro, Senior Vice President of Business Development at Root. "By partnering with Hugo, we're able to bring Root's personalized approach to pricing and our commitment to affordability to more drivers."

For many drivers, traditional insurance products and payment structures don’t align with how they manage their finances. Hugo has built a differentiated insurance model around addressing that challenge with flexible payment options that fit real budgets, while Root has reimagined insurance pricing through technology that better matches rates to individual risk.

"Hugo exists for drivers who've been underserved by traditional insurance," said Seth Rediger, Head of Distribution at Hugo. "With Hugo, drivers can get covered in a way that actually fits their life. They pay at their own pace and manage their account right from their phone. Root approaches insurance the same way we do, by putting the customer first and building around what they actually need to thrive. This partnership puts additional full coverage options in front of the customers who need them most."

This collaboration reflects Root’s continued investment in partnerships that embed its digital insurance experience into relevant customer journeys through platforms they already know and trust. Root is available to eligible Hugo customers in the 16 states where Hugo does business.

About Root, Inc.
Root Insurance is a technology company revolutionizing car insurance through data science and automation. The Root app has reached more than 17 million downloads and has analyzed more than 36 billion miles of driving data to deliver personalized and fair pricing. Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company.

For more information, visit root.com.

About Hugo
Hugo is on a mission to make financial stability achievable for every American. Hugo offers a technology-first car insurance solution designed to make car insurance more affordable and accessible through flexible payments. Hugo’s flagship product is the first pay-at-your-pace liability insurance, designed to eliminate large upfront costs and give drivers more control over how they pay for coverage. Hugo offers 6-month liability insurance policies while giving drivers the flexibility to break payments into smaller amounts that fit their budgets. By rethinking how insurance is paid for, Hugo is making reliable coverage more accessible for everyday drivers.

For more information, visit withhugo.com.

Root Contacts
Partnerships:
[email protected]

Media:
[email protected]

Hugo Contacts
Partnerships:
[email protected]

Media:
[email protected]

Forward Looking Statements:
This press release contains forward-looking statements within the meaning of federal securities laws regarding Root, Inc. These forward-looking statements relate to, among other things, expectations about our future business results. Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. We have based our forward-looking statements on our current expectations, estimates and projections about our industry and our company. We caution that these statements are not guarantees of future performance and you should not rely unduly on them, as they involve risks, uncertainties and assumptions that we cannot predict and many of which are beyond our control. Accordingly, our actual results may differ materially from the future performance that we have expressed or forecast in our forward-looking statements. In accordance with "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we have included in Root's Form 10-K for the year ended Dec. 31, 2025, and other SEC filings, cautionary language identifying important factors, though not necessarily all such factors, that could cause future outcomes to differ materially from those set forth in the forward-looking statements. Copies of Root's Form 10-K and other SEC filings are available on the SEC's website, Root's website at ir.joinroot.com/investor-relations or by contacting Root's Investor Relations office.

Roots TSE: ROOT reported higher first-quarter sales for fiscal 2026 as growth in its direct-to-consumer business and partner channels helped offset pressure from temporary gross margin headwinds and higher project-related expenses.

President and Chief Executive Officer Meghan Roach said the company entered the year with “strong momentum,” pointing to total first-quarter sales of CAD 42.6 million, up 6.5% from CAD 40.0 million a year earlier. Direct-to-consumer sales rose 3.3% to CAD 35.8 million, while comparable sales increased 3.2%, or 16.6% on a two-year stacked basis.

Partners and other revenue grew 26.6% to CAD 6.8 million, supported by strength in wholesale, business-to-business, custom products and licensing channels.

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Margins Pressured by Temporary Inventory Actions Gross profit increased 3.8% to CAD 25.5 million, though total gross margin declined to 59.9% from 61.5% in the prior-year quarter. Direct-to-consumer gross margin was 61.3%, compared with 62.9% last year.

Roach said the gross margin change reflected two temporary factors: an effort to reduce aged inventory by moving more product to final sale ahead of the company’s transition to a new third-party logistics partner, and the sale of inventory purchased at a higher U.S. dollar exchange rate last year.

Chief Financial Officer Leon Wu said the final sale initiative was intended to minimize inventory that would need to be transferred to the new distribution center and reduce the potential processing of returns during the transition. He said the initiative does not reflect a change in the long-term inventory strategy tied to the company’s move to a third-party logistics model.

“Going forward, we continue to take a very disciplined approach on managing our inventory and making sure that that balance remains healthy,” Wu said during the question-and-answer portion of the call.

Losses Widen on Distribution Center and Strategic Review Costs Roots reported a net loss of CAD 10.1 million, or CAD 0.26 per share, compared with a net loss of CAD 7.9 million, or CAD 0.20 per share, in the first quarter of fiscal 2025. Adjusted net loss was CAD 7.6 million, or CAD 0.19 per share, compared with CAD 7.4 million, or CAD 0.18 per share, a year earlier.

Adjusted EBITDA was a loss of CAD 7.4 million, compared with a loss of CAD 7.1 million in the prior-year quarter.

Wu said the company incurred CAD 2.4 million of incremental costs related to its distribution center transition with Metro Supply Chain and its ongoing strategic review process. The costs had a more pronounced impact because the first quarter is seasonally smaller and has historically represented about 14% of full-year sales.

Selling, general and administrative expenses rose 12% to CAD 37.3 million from CAD 33.3 million. The total included CAD 1.8 million of incremental costs tied to the distribution center transition, including CAD 1.7 million of accelerated non-cash depreciation on existing assets, and CAD 0.6 million of incremental consulting and legal costs related to the strategic review.

Excluding those non-recurring costs, Wu said SG&A would have increased 4.9%, driven by higher variable selling costs, store occupancy costs, personnel-related expenses, stock option expenses, severance costs and a CAD 0.2 million expense from revaluing cash-settled deferred share units linked to the company’s share price.

Product Categories and Partnerships Support Sales Roach said Roots’ merchandising performance reflected continued strength in core franchises and newer growth categories. The company’s Cloud collection delivered another strong quarter, with demand outpacing planned supply in parts of the collection. Activewear continued to grow and now accounts for more than 10% of direct-to-consumer sales.

Midweight outerwear and the company’s spring lifestyle collection also performed ahead of expectations, which Roach said supported the company’s strategy to expand the Roots brand into year-round complementary categories.

The company also highlighted collaborations and partnerships, including the Roots Toronto Blue Jays 50th Anniversary Collection, the second drop of its official WNBA collection in March and an April limited-edition spring/summer collaboration with Loopy, a popular Korean character, alongside Roots mascot Buddy the Beaver.

Roach said marketing efforts in the quarter continued to move toward a more disciplined, data-driven model focused on return on advertising spend and incremental contribution. Paid search and paid social channels both delivered growth, and conversion-focused campaigns generated incremental revenue.

The company also completed an external assessment of its customer base, which Roach said confirmed that Roots’ customers are “sticky,” retention is consistent across cohorts and omni-channel customers generate higher lifetime value than customers shopping through one channel only.

Retail, E-Commerce and Operations Remain Key Focus Areas Comparable store sales improved year-over-year, which management attributed to investments in selling training, visual merchandising and store operations. Roots completed renovations at several key locations during the quarter, including Sherway Gardens in Toronto.

The company also opened its first mono-brand Roots store in Vancouver International Airport in partnership with Volta. Roach said Roots sees growth opportunities in travel retail locations across Canada, citing the brand’s association with Canada, travel and comfort.

In e-commerce, online traffic and revenue both grew year-over-year. Roach said paid media generated meaningful incremental revenue and that the company expects to continue building on that progress through the rest of the year.

The company’s distribution center transition to Metro Supply Chain remains on track for completion this summer. Roach also said Roots continues to integrate artificial intelligence into its workflow, with benefits across inventory management, analytics, omni-channel experience and customer service.

Balance Sheet Improves as Strategic Review Continues Inventory ended the quarter at CAD 45.0 million, up 11.1% from CAD 40.5 million last year. Wu said CAD 0.5 million of the increase was due to unfavorable foreign exchange impacts, while the remaining increase reflected higher in-transit inventory for upcoming selling seasons and more inventory in the partners and other segment to support custom product wholesale demand.

Free cash outflow improved to CAD 19.1 million from CAD 21.8 million a year earlier, driven by sales growth and working capital management. Net debt was CAD 23.4 million at quarter-end, down 20.7% from CAD 29.6 million a year earlier. The company’s net leverage ratio was 1.0 times, measured as net debt over trailing 12-month Adjusted EBITDA.

Roots had CAD 32.6 million outstanding under its credit facilities and total liquidity of CAD 53.7 million, including net cash and available borrowings.

During the Q&A session, Wu said the company had not seen a material impact from fuel surcharges, freight or raw materials in the first quarter. Roach said the consumer environment remains dynamic and that the company is monitoring inflation and broader conditions as it approaches its peak third and fourth quarters.

Asked about the strategic review process, Roach said the company does not intend to disclose developments unless the board approves a specific transaction or determines disclosure is required or appropriate by law. “At this point, there is no further update,” she said.

About Roots TSE: ROOTRoots Corp provides a portfolio of apparel, leather goods, accessories, and footwear for men, women, and children under the Roots brand. Its merchandise includes genuine leather, such as jackets, bags, and luggage; kids & baby clothing; and leather, linens, towels, and accessories. The company operates through two segments: Direct-To-Consumer, which accounts for majority revenue, and Partners & Other. The DTC segment sells products through the company's corporate retail stores and e-commerce. The Partners & Other segment engage in the wholesale of Roots branded products to the company's international operating partner, and it earns royalties on the retail sales of Roots-branded products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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An updated edition of the March 25, 2026, article.

Financial technology or fintech, is reshaping the global financial landscape by making financial services faster, more accessible and more customer-focused. By combining finance with advanced technologies such as artificial intelligence (AI), blockchain, Big Data and cloud computing, fintech has disrupted traditional models across banking, payments, lending and investing.

One of fintech’s most significant contributions is its role in expanding financial inclusion. Digital wallets, mobile banking platforms and peer-to-peer lending services have improved access for millions of unbanked and underbanked individuals. Fintech innovation is also transforming cross-border payments, making transactions that were once slow, expensive and complex faster, cheaper and more efficient.

Fintech has also redefined payments and lending by improving convenience, speed and accessibility. Contactless payments, buy now, pay later solutions and app-based lending platforms have simplified everyday financial transactions for consumers while helping businesses better meet customer needs. In capital markets, robo-advisors and algorithm-driven trading platforms are lowering costs and reducing barriers to investing.

At the same time, fintech is enhancing transparency, cybersecurity and risk management across the financial system. Blockchain supports secure and tamper-resistant transactions, while AI-powered tools strengthen fraud detection, credit assessment and regulatory compliance. As fintech continues to evolve, it is pushing traditional financial institutions to innovate, collaborate and adapt, creating a more agile, inclusive and technology-driven global financial ecosystem. So, stocks like Affirm Holdings, Inc. (AFRM - Free Report) , Visa Inc. (V - Free Report) and Block, Inc. (XYZ - Free Report) are grabbing investor attention.

Our Fintech Screen will help you identify the right stocks now to ride the wave of this trillion-dollar revolution. Leveraging advanced tools, our thematic screens identify companies shaping the future, making it easier to capitalize on emerging trends.

Ready to uncover more transformative thematic investment ideas? Explore 37 cutting-edge investment themes with Zacks Thematic Screens and discover your next big opportunity. 

Affirm Holdings is focused on providing flexible and transparent installment loans at the point of sale (POS). It partners with a wide range of merchants to offer both interest-free and interest-bearing payment options, giving consumers more control over how they pay for their purchases. The company’s primary goal is to offer a straightforward and customer-friendly alternative to traditional credit options, promoting responsible borrowing with no late fees or hidden charges.

For merchants, Affirm Holdings provides tools to drive sales and improve customer engagement. Through its API, merchants can integrate various financing options at checkout. The company also offers features like Affirm at Checkout, a merchant dashboard and analytics tools, helping businesses track performance and optimize the customer experience. The Affirm Marketplace further supports customer acquisition and brand visibility.

Consumers benefit from AFRM's range of payment options, including Pay-in-4 and longer-term interest-bearing loans. The Affirm App and Affirm Card enable users to make online and in-store purchases, with the ability to convert eligible debit transactions into installment plans. Apart from a strong presence in the United States, the company is accelerating global expansion through new markets, merchant partnerships and stronger funding channels.

Affirm uses a data-rich, cloud-native platform and machine learning to assess fraud and credit risk, improving scalability and underwriting accuracy. It also applies AI to boost productivity and automate customer support. Tools like Boost AI and Adapt AI help merchants optimize 0% offers, improve conversions and unlock incremental marketing spend.

The Zacks Consensus Estimate for AFRM’s fiscal 2026 sales and earnings implies year-over-year growth of 29.8% and 680%, respectively. The company, currently, carries a Zacks Rank #3 (Hold).

Visa’s dominant market position is supported by steady payments volume growth, strategic acquisitions and continued innovation in digital payments. Rising cross-border activity, higher digital transaction adoption and investments in AI and stablecoins further strengthen the company’s long-term outlook.

Visa has adapted quickly to the shift toward digital commerce. The company continues to enhance its products and platforms through offerings such as Visa Token Service, Visa Checkout and In-App Provisioning, reinforcing its leadership in secure digital payments. It is also advancing emerging payment methods, including contactless, tap-to-pay and secure remote commerce, while expanding partnerships across fintech and cryptocurrency-linked use cases.

The company is also moving into agentic commerce. Visa introduced Intelligent Commerce Connect, an “on-ramp” that enables businesses to connect AI agents to payments and acceptance through a single integration. It is also expanding its Agentic Ready testing program from Europe into Asia Pacific and Latin America to validate enrollment, tokenization, authentication and authorization flows ahead of broader deployment.

Visa’s AI-driven security capabilities remain a key differentiator as fraud risks increase. The company has embedded AI across more than 100 products, primarily to strengthen fraud prevention, and has invested $3.5 billion to modernize its data platform. Visa is also leaning into stablecoins to support faster, more programmable cross-border settlement while maintaining its network as the common layer for global money movement.

The Zacks Consensus Estimate for V’s fiscal 2026 sales and earnings implies year-over-year growth of 13.4% and 14.1%, respectively. The stock carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Block is building a powerful fintech ecosystem through its two core growth engines: Square and Cash App. Together, these platforms provide a broad suite of solutions across payments, commerce, banking, investing and lending. The company is also expanding its partner network, which should help broaden distribution and strengthen customer reach.

Square, Block’s merchant-focused business, continues to deliver solid performance. Growth in gross payment volume (GPV) and gross profit reflects healthy business momentum. The company is also adding new capabilities, such as Square AI, which uses data-driven insights to help sellers manage operations, improve decision-making and grow in an increasingly competitive POS and software market.

Cash App remains a key growth driver for Block. The platform has evolved from a peer-to-peer payments tool into a broader financial ecosystem, particularly popular with younger users. It now offers payments, banking, commerce and Bitcoin-related services.

Block has further strengthened Cash App with features such as group payments, buy-now-pay-later offerings through Afterpay, enhanced borrowing tools, Tap to Pay on iPhone, Proto Bitcoin mining initiatives, Bitkey self-custody, Bitcoin wallet services and TIDAL music streaming. These additions are helping increase user engagement, deepen customer relationships and support broader business adoption.

The Zacks Consensus Estimate for XYZ’s 2026 sales and EPS implies year-over-year growth of 8.9% and 58.7%, respectively. The company, currently, carries a Zacks Rank #3.

Affirm Holdings (AFRM - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this operator of digital commerce platform have returned +6.7%, compared to the Zacks S&P 500 composite's +5.5% change. During this period, the Zacks Internet - Software industry, which Affirm Holdings falls in, has lost 4%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, Affirm Holdings is expected to post earnings of $0.36 per share, indicating a change of +80% from the year-ago quarter. The Zacks Consensus Estimate has changed +18.4% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $1.21 points to a change of +706.7% from the prior year. Over the last 30 days, this estimate has changed +11%.

For the next fiscal year, the consensus earnings estimate of $1.66 indicates a change of +37.7% from what Affirm Holdings is expected to report a year ago. Over the past month, the estimate has changed -3.5%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Affirm Holdings.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For Affirm Holdings, the consensus sales estimate for the current quarter of $1.1 billion indicates a year-over-year change of +26%. For the current and next fiscal years, $4.19 billion and $5.27 billion estimates indicate +29.8% and +25.9% changes, respectively.

Last Reported Results and Surprise HistoryAffirm Holdings reported revenues of $1.04 billion in the last reported quarter, representing a year-over-year change of +32.6%. EPS of $0.3 for the same period compares with $0.01 a year ago.

Compared to the Zacks Consensus Estimate of $997.92 million, the reported revenues represent a surprise of +4.09%. The EPS surprise was +76.47%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Affirm Holdings is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Affirm Holdings. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.