Versant Media reports Q1 2026 results: $1.69B revenue, $286M net income, $100M buyback

Filed May 14, 2026 · Period ending May 14, 2026 · ~2 min read

Key Changes

• high

  Q1 2026 revenue $1.69B (down 1.1% YoY), net income $286M (down 22.1%), Adjusted EBITDA $704M (down 7.0%). Linear distribution revenue fell 7.3% on subscriber declines; advertising revenue down 5.2%. Free cash flow $558M.

  Exhibit 99.1 verify on EDGAR →
• high

  Repurchased $100M Class A shares in Q1 ($900M remaining under authorization); declared $0.375 quarterly dividend payable July 22; announced $100M accelerated share repurchase starting May 15, expected to complete in Q2.

  Exhibit 99.1 verify on EDGAR →
• medium

  Platforms revenue grew 9.5% driven by Fandango (ticketing, VOD, Fandango1) and GolfNow (bookings, payments, subscriptions). GolfPass reached highest subscriber count ever. Content licensing revenue surged 113.5% on timing of deals including Keeping Up with the Kardashians.

  Exhibit 99.1 verify on EDGAR →