Clarivate revenue drops 5.5% to $587.3 million

• Clarivate (NYSE:CLVT) reported Q2 2026 revenue of $587.3 million, down 5.5% year over year.
• The company posted a $268.6 million net loss after a $221.7 million non-cash goodwill impairment charge.
• Clarivate reaffirmed its 2026 outlook, including revenue of $2.30–$2.42 billion and Adjusted EBITDA of $980 million–$1.04 billion.

Clarivate (NYSE:CLVT) reported second quarter 2026 revenue of $587.3 million, down 5.5% year over year, as weaker transactional activity offset subscription growth.

Revenue declined 1.5% organically, with organic subscription revenue increasing 0.7% while transactional revenue weakened during the period.

“We continued to execute against our Value Creation Plan while advancing our portfolio actions and improving operational performance,” said Clarivate Chief Executive Officer Jonathan Collins.

Clarivate recorded a net loss of $268.6 million, or $0.42 per share, mainly due to a $221.7 million non-cash goodwill impairment charge, while adjusted EBITDA reached $247.2 million.

Following the announcement, Clarivate's share price was unchanged at $3.64.

For the first half of 2026, Clarivate reported revenue of $1.17 billion, adjusted EBITDA of $488.4 million and free cash flow of $122.9 million, while total debt declined by $218.4 million to $4.25 billion.

Clarivate said it continued implementing its Value Creation Plan and reaffirmed its 2026 outlook, including revenue of $2.30–$2.42 billion and Adjusted EBITDA of $980 million–$1.04 billion.