Marchex Q1 revenue falls, adjusted EBITDA loss narrows

Marchex

13/05/2026 21:28

Overview

US AI conversation intelligence platform's Q1 revenue declined yr/yr

Adjusted EBITDA loss narrowed from prior year

Company expects Archenia acquisition to close in July 2026

Outlook

Marchex sees Q2 2026 revenue rising sequentially and Adjusted EBITDA of $1.6-$1.8 mln, above prior view

Company expects Q3 2026 revenue to rise sequentially and Adjusted EBITDA to reach $2 mln or more

If Archenia deal closes by Q3, combined Adjusted EBITDA could reach $2.5 mln for the quarter

Result Drivers

REORGANIZATION AND ACQUISITION COSTS - Adjusted EBITDA included $0.7 mln of reorganization and acquisition-related costs

AI PRODUCT DEPLOYMENT - Co said it continued developing and selling new AI-based products, with initial adoption among top customers

Company press release: ID:nBw7D250ha

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$10.62 mln
$10.89 mln (1 Analyst)
Q1 Adjusted EPS
Miss
-$0.03
$0 (1 Analyst)
Q1 Net Income
-$1.72 mln
Q1 Adjusted EBITDA
Miss
-$147,000
$486,000 (1 Analyst)
Q1 Income from Operations
-$1.35 mln
Q1 Operating Expenses
$11.97 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the advertising & marketing peer group is "buy"

Wall Street's median 12-month price target for Marchex Inc is $4.00, about 151.6% above its May 12 closing price of $1.59

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.)