Key Highlights
- Second-quarter 2026 Revenue was USD 5.618 million, essentially unchanged from USD 5.621 million a year earlier.
- Average ARR per subscription customer, excluding education customers, rose about 15 per cent to USD 12,718.
- Gross Margin was 73 per cent against 76 per cent a year earlier, and adjusted EBITDA was USD 0.642 million.
Flat revenue in the second quarter
ACCESS Newswire Inc. (NYSE American:ACCS), a provider of press release distribution and investor communications services, reported second-quarter 2026 results on 11 August 2026. The headline numbers were steady, with improvements in some customer metrics offset by margin pressure.
Revenue for the quarter ended 30 June 2026 was USD 5.618 million, essentially unchanged from USD 5.621 million a year earlier and up about 5 per cent on the first quarter. For the first half, revenue was USD 10.945 million against USD 11.097 million, a decline of 1 per cent. Core press release revenue grew 2 per cent in the quarter, while lower webcasting and ProPlan revenue acted as offsets.
Margins and profitability
Gross profit was USD 4.112 million, a 73 per cent margin, compared with USD 4.285 million and 76 per cent a year earlier. Operating expenses fell to USD 4.419 million. General and administrative costs dropped about 23 per cent to USD 1.350 million, but sales and Marketing spending rose to USD 1.889 million from USD 1.462 million.
The operating loss was USD 0.307 million, against USD 0.249 million. Net loss from continuing operations was USD 0.354 million, or USD 0.09 per diluted share, compared with USD 0.239 million, or USD 0.06. Adjusted EBITDA was USD 0.642 million, an 11 per cent margin, down from USD 0.836 million and 15 per cent. Non-GAAP Net Income was USD 0.296 million, or USD 0.08 per diluted share, against USD 0.556 million, or USD 0.14. Total net loss was USD 0.482 million.
Comparisons for the half-year net result should be treated with care. The first half of 2025 showed net income of USD 4.912 million, driven by a gain on the disposal of a business, whereas the first half of 2026 recorded a total net loss of USD 1.093 million.
Customer metrics and cash flow
Average annual Recurring Revenue (ARR) per subscription customer, excluding education customers, rose about 15 per cent to USD 12,718 from USD 11,039. The company had 1,162 subscription customers at 30 June 2026, including 115 education subscribers, and 14,583 customers with an active contract in the previous twelve months.
Operating Cash Flow was USD 0.173 million in the quarter and USD 1.044 million in the half, up from USD 0.882 million. Cash and equivalents were USD 2.962 million, little changed from USD 3.025 million at the end of 2025, while Debt at carrying value fell to USD 2.130 million from USD 2.556 million. The company repurchased 62,000 shares for roughly USD 0.5 million in the quarter, according to its chief executive. Shares outstanding were 3,854,504.
What to watch
The company provides no numerical financial guidance. It did say it expects to reduce cost of revenues by about USD 150,000 in the second half of 2026. Chief executive Brian Balbirnie said the company continues to lay the groundwork for long-term growth. He also said the company believes it has entered a new phase of the Business communications marketplace.
Points to follow include whether rising revenue per customer can offset a smaller gross margin, and whether higher sales and marketing spending translates into customer growth. Free cash flow also fell in the quarter, with adjusted free cash flow of USD 0.050 million against USD 0.250 million.






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