Clarivate Q1 revenue and adjusted EPS beat estimates, reaffirms 2026 outlook

CLARIVATE

29/04/2026 11:11

Overview

Global data analytics firm's Q1 revenue declined yr/yr but beat analyst expectations

Adjusted EPS and adjusted net income for Q1 both beat analyst expectations

Company reaffirmed 2026 outlook, citing progress under Value Creation Plan and margin expansion

Outlook

Clarivate reaffirms 2026 revenue outlook of $2.30 bln to $2.42 bln

Company expects 2026 adjusted EBITDA of $980 mln to $1.04 bln

Clarivate forecasts 2026 free cash flow of $365 mln to $435 mln

Result Drivers

SUBSCRIPTION GROWTH - Organic subscription revenue rose 1.7%, driven by new customer wins and pricing

TRANSACTIONAL WEAKNESS - Organic transactional revenues declined 2.0%, primarily due to lower A&G activity

AI AND EFFICIENCY - Co said embedding AI in products and internal processes supported efficiency and scalability

Company press release: ID:nPrebBMlZa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$585.50 mln
$569.50 mln (7 Analysts)
Q1 Adjusted EPS
Beat
$0.18
$0.14 (9 Analysts)
Q1 Adjusted Net Income
Beat
$119.30 mln
$93.26 mln (5 Analysts)
Q1 Net Income
-$40.20 mln
Q1 Adjusted EBITDA
Beat
$241.20 mln
$227.22 mln (7 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the professional information services peer group is "buy."

Wall Street's median 12-month price target for Clarivate PLC is $2.90, about 15.5% above its April 28 closing price of $2.51

The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 5 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)