Clarivate reports Q2 results as strategic refocus continues
Clarivate has reported second-quarter 2026 results, with revenues declining year-on-year as the company continues its strategic transformation and sharpens its focus on subscription-based growth.
Total revenues for the quarter ended 30 June 2026 were $587.3 million, down from $621.4 million in the second quarter of 2025. The company said the decline was primarily driven by divestitures and disposals, while organic revenues fell 1.5%, as 0.7% growth in subscription revenue was offset by lower transactional revenues.
Organic annual contract value (ACV) increased 1.5% compared with the same period last year, reflecting continued progress towards a more subscription-led business model.
Commenting on the results, Matti Shem Tov, Chief Executive Officer, said: “The Value Creation Plan continues to drive meaningful progress, as we execute against our strategic priorities and strengthen Clarivate’s foundation for organic growth acceleration.
“During the quarter, we expanded organic recurring revenue, advanced our AI innovation roadmap, maintained disciplined cost management, and strengthened our balance sheet through deleveraging. Together, with the recently announced divestiture of the Life Sciences & Healthcare segment, these actions are creating a more focused company with greater financial flexibility, a higher recurring revenue mix, and a clear path to deliver long-term value to shareholders.”
Clarivate reported a net loss of $268.6 million, or $0.42 per diluted share, compared with a net loss of $72.0 million, or $0.11 per diluted share, in the same period last year.
Jonathan Collins, Executive Vice President and Chief Financial Officer, said: “Our second quarter results reflect continued financial discipline and execution. In the first half of 2026, we expanded our profit margin and reduced debt by more than $200 million through strong free cash flow generation and opportunistic debt repurchases.
“Combined with our reaffirmed full-year outlook, these results demonstrate the resilience of our business model and our commitment to strengthening Clarivate’s financial profile while maintaining the flexibility to invest in our highest-value growth opportunities.”