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Red Flags Detected

  • Goodwill Impairment (new) — ZoomInfo wrote down $650.5M in goodwill, a 38% reduction from prior carrying value, signaling the company believes acquired businesses are worth materially less than paid.
NASDAQ: GTM ZoomInfo Technologies Inc. 8-K

ZoomInfo reports $650.5M goodwill impairment, 1.2% revenue growth in Q2 2026

Filed August 5, 2026 · Period ending August 5, 2026 · ~1 min read

4 key changes 2 high relevance 1 red flag 1 section

Key Changes

  • high

    Recorded $650.5M goodwill impairment charge, reducing goodwill from $1.69B to $1.04B and driving a $622M GAAP operating loss despite $110M adjusted operating income.

    Exhibit 99.1 view on EDGAR →
  • high

    Q2 revenue grew 1.2% year-over-year to $310.4M; guided FY 2026 revenue to $1.207-$1.217B, adjusted operating income to $446-$451M, and unlevered free cash flow to $403-$423M.

    Exhibit 99.1 view on EDGAR →
  • medium

    Repurchased $58.5M principal of Senior Notes for $47.9M cash, recognizing an $11M gain and reducing annual interest expense by $2.3M.

    Exhibit 99.1 view on EDGAR →
  • medium

    Repurchased 6.3M shares at an average price of $4.51 per share for $28.2M total during the quarter.

    Exhibit 99.1 view on EDGAR →

Summary

ZoomInfo disclosed a $650.5 million goodwill impairment charge in Q2 2026, a non-cash write-down that reduced the carrying value of acquired businesses by 38%. The impairment drove a $622 million GAAP operating loss for the quarter, though adjusted operating income excluding the charge was $110 million with a 35% margin.

Revenue grew a modest 1.2% year-over-year to $310.4 million, and the company generated $87.3 million in operating cash flow. The goodwill impairment is a red flag for retail holders. It indicates management now believes the businesses ZoomInfo acquired are worth substantially less than the prices paid, raising questions about prior M&A execution and whether further write-downs may follow.

The company's slow revenue growth compounds the concern—organic performance has not offset the diminished value of acquisitions. ZoomInfo is deploying capital to reduce debt and repurchase shares, retiring $58.5 million in Senior Notes at a discount and buying back 6.3 million shares for $28.2 million. Full-year 2026 guidance calls for revenue of $1.207-$1.217 billion and unlevered free cash flow of $403-$423 million. Watch whether revenue growth accelerates and whether the company takes additional impairments in future quarters.

Section-by-Section Diff

Event · Exhibit 99.1

ZoomInfo reported Q2 2026 results with a $650.5M goodwill impairment, 1.2% revenue growth, and $58.5M debt repurchase.

2 Added
Added Q2 2026 earnings high

Added in current filing · view on EDGAR →

GAAP Revenue of $310.4 million, an increase of 1.2% year-over-year. ... GAAP Operating loss of $622.0 million and Adjusted operating income of $110.0 million. ... GAAP Operating loss margin of 200% and Adjusted operating income margin of 35%. ... GAAP Cash flow from operations of $87.3 million and Unlevered free cash flow of $107.3 million. ... GAAP Operating loss and GAAP Operating loss margin include goodwill impairment loss of $650.5 million for the three months ended June 30, 2026

ZoomInfo reported Q2 2026 revenue of $310.4 million, up 1.2% year-over-year. The company recorded a GAAP operating loss of $622.0 million driven by a $650.5 million goodwill impairment charge. Excluding the impairment and other adjustments, adjusted operating income was $110.0 million with a 35% margin. Operating cash flow was $87.3 million and unlevered free cash flow was $107.3 million.

Added FY 2026 guidance high

Added in current filing · view on EDGAR →

GAAP Revenue $298 - $301 million $1.185 - $1.205 billion $1.207 - $1.217 billion ... Non-GAAP Adjusted Operating Income $113 - $115 million $437 - $447 million $446 - $451 million ... Non-GAAP Adjusted Net Income Per Share (Diluted) $0.28 - $0.29 $1.10 - $1.12 $1.12 - $1.13 ... Non-GAAP Unlevered Free Cash Flow Not Guided $400 - $420 million $403 - $423 million

ZoomInfo provided Q3 2026 guidance for revenue of $298-$301 million, adjusted operating income of $113-$115 million, and adjusted EPS of $0.28-$0.29. For full-year 2026, the company guided to revenue of $1.207-$1.217 billion, adjusted operating income of $446-$451 million, adjusted EPS of $1.12-$1.13, and unlevered free cash flow of $403-$423 million.

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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 6, 2026 · How we verify