Key Highlights

● Second-quarter 2026 Revenue was $5.6 million, essentially unchanged from a year earlier.

● Gross Margin was 73%, against 76% a year earlier and 74% in the first quarter.

● Average ARR per subscription customer rose to $12,718 from $11,039 a year earlier.

● Cash stood at $2.96 million at 30 June 2026, with no formal guidance given.

Second-quarter results

ACCESS Newswire Inc. (NYSE American:ACCS), a provider of press-release distribution and communications technology, reported second-quarter 2026 results on 11 August 2026. Revenue was $5.6 million, essentially unchanged from the second quarter of 2025 and up from $5.3 million in the first quarter. First-half revenue was $10.9 million, about 1% below the $11.1 million recorded a year earlier.

Margins and profitability

Sequentially, the move from $5.3 million to $5.6 million is a rise of about 6%, which suggests some recovery from the first quarter, even though the year-on-year comparison is flat. Both figures are rounded, so the true percentage may differ slightly in either direction.

Gross margin was 73%, or $4.1 million, against 76% a year earlier and 74% in the first quarter. The operating loss widened slightly to $307,000 from $249,000. The net loss from continuing operations was $354,000, or $0.09 per diluted share, compared with $239,000, or $0.06, a year before.

Adjusted EBITDA, a non-GAAP measure, was $642,000, or 11% of revenue, against $836,000, or 15%. Non-GAAP Net Income was $296,000, or $0.08 per diluted share, against $556,000, or $0.14. The company's reported EBITDA from continuing operations was $454,000, which the release's highlights text rounds to $0.5 million.

Subscription metrics and cash flow

Average annual Recurring Revenue (ARR) per subscription customer, excluding education customers, rose to $12,718 from $11,039 a year earlier, an increase of about 15%. 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 $173,000, compared with $135,000 a year earlier and $871,000 in the first quarter. Adjusted free cash flow was $50,000 against $250,000. For the half year, Operating Cash Flow was $1.04 million and adjusted free cash flow $1.00 million.

Balance sheet and management commentary

Cash and cash equivalents were $2.96 million at 30 June 2026, broadly unchanged from $3.03 million at 31 December 2025. The Balance Sheet shows $870,000 of current notes payable and $1.26 million of long-term debt, about $2.1 million combined, although the release does not state a total. The company reported cumulative repurchases of 62,000 shares for roughly $0.5 million.

Total Assets were $40.0 million at quarter-end and stockholders' Equity $29.3 million. The first-half net loss of $1.09 million compares with net income of $4.91 million a year earlier, but the earlier figure included a gain on the disposal of a business, so the two periods are not like for like.

Chief executive Brian Balbirnie said the company believes it has entered a new phase of the Business communications marketplace. No formal financial guidance was given. Management said it expects about $150,000 of cost-of-revenue savings in the second half of 2026 and plans several further product enhancements before year-end.

ACCESS Newswire margin, ARR and cost-saving checkpoints

Gross margin fell from 76% to 73% while ARR per customer rose about 15% and revenue stayed flat. The expected $150,000 of second-half cost-of-revenue savings is the one stated step aimed at that margin.