Clarivate PLC 2026: Revenue $587.3M, EPS ($0.42) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Clarivate PLC reported Q2 2026 revenue of $587.3M, a 5.5% YoY decline, and a diluted EPS loss of ($0.42), widening from ($0.11) prior year. Net loss expanded to ($268.6M). Revenue drops stemmed from product wind-downs and lower transactional activity, partially offset by subscription growth. The company announced the sale of LS&H, set for discontinuation in Q3 2026, while maintaining a 91.9% annual renewal rate.
Clarivate PLC reported results for the quarter ended 2026 with revenue of $587.3M, a decline versus $621.4M in the prior-year quarter, and a loss per share of ($0.42) compared with ($0.11) a year earlier as the company posted a larger net loss for the period.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $587.3M | $621.4M | (5.5%) |
| Net income² | ($268.6M) | ($72M) | (273.1%) |
| Diluted EPS³ | ($0.42) | ($0.11) | (281.8%) |
¹ Reported as “Revenues”. ² Reported as “Net income (loss)”. ³ Reported as “Per share”.
Business Highlights
- Revenue trend: Revenues were down approximately 5% quarter-to-date and about 3% year-to-date versus the prior year, driven by product wind‑downs and lower transactional activity.
- Channel shift: Continued migration from transactional to subscription sales; subscription organic growth partially offset declines.
- Portfolio actions: Clarivate announced a definitive agreement to sell LS&H, with LS&H to be discontinued starting in Q3 2026.
- Cost and restructuring: Cost of revenues declined roughly 8–9% from wind‑downs and improved cost management; the company is pursuing a Value Creation restructuring program through 2027.
- Customer retention: High renewal stability with a 91.9% annual renewal rate as of June 30, 2026.
Original SEC Filing: CLARIVATE PLC [ CLVT ] - 10-Q - Jul. 29, 2026