Earnings ·
TechTarget reports Q3 net loss of $18.2M and updates 2026 Adjusted EBITDA guidance to $80M-$85M
TTGTTechTarget, Inc.
TechTarget reported a third-quarter net loss of $18.2 million, narrowing significantly from $76.8 million in the prior-year period, driven by lower non-cash goodwill impairment charges and restructuring expenses. Third-quarter revenues were $119.2 million, down 2.5% year-over-year, while Adjusted EBITDA fell to $18.6 million from $22.6 million. The company updated its full-year 2026 guidance, expecting revenues to be modestly lower than the prior year and setting a new Adjusted EBITDA range of $80 million to $85 million due to macro volatility and shifting customer investment priorities toward AI development over marketing. TechTarget operates in the B2B intelligence, media, and marketing solutions industry.