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Recent Updates — IZEA

August 11, 2026View Source ↗

IZEA Worldwide, Inc. reported financial results for the second quarter ended June 30, 2026, revealing a revenue decline to $5.8 million from $9.1 million in the prior-year period, driven by a strategic shift toward enterprise customers and softer demand. The company posted a net loss of $0.7 million, or $(0.04) per share, compared to net income of $1.2 million previously, while Adjusted EBITDA turned negative to $(0.4) million from $1.3 million. Total costs and expenses decreased 18% to $6.9 million as the firm reduced reliance on lower-margin non-core customers. Despite the revenue drop, IZEA secured new business from major clients including Nestle, ASUS, Amazon Studios, Hulu, HBO Max, and Lionsgate Entertainment. The company holds $46.6 million in cash with no long-term debt and has repurchased 134,949 shares for $0.5 million during the quarter under its existing buyback program. IZEA operates as a full-service creator economy agency providing influencer marketing solutions powered by its proprietary ZED technology.