Nexxen Boosts 2026 Revenue Guidance Amid Strong CTV and Mobile Growth
Event summary
- Nexxen raised its full-year 2026 Contribution ex-TAC guidance to $385–400M (up from $382–397M), representing ~11% YoY growth at the midpoint.
- Programmatic revenue guidance increased to $377–391M (up from $374–388M), reflecting ~13% YoY growth at the midpoint.
- Adjusted EBITDA guidance remains unchanged at $122–132M, maintaining a 32% margin as the company invests in AI, CTV, and mobile in-app growth.
- CTV revenue expected to grow over 20% YoY in Q2, with mobile revenue up more than 15% YoY.
The big picture
Nexxen’s second guidance upgrade this year underscores its strong positioning in the converging media landscape, particularly in CTV and mobile in-app advertising. The company’s ability to grow revenue while maintaining EBITDA margins highlights its operational efficiency, but investors will be watching closely to see if its strategic investments pay off in the long term. The broader industry shift toward AI-driven programmatic advertising further strengthens Nexxen’s competitive edge.
What we're watching
- Execution Risk
- Whether Nexxen can sustain its growth momentum while balancing strategic investments in AI and CTV.
- Market Positioning
- How the company's competitive advantages in data and media will play out against industry peers.
- Investor Sentiment
- The impact of today’s Investor Day on market perception of Nexxen’s long-term strategy.
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