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Public Policy Holding Company (PPHC) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 11, 2026 · Public Policy Holding Company (PPHC) Q2 2026 earnings results →

Q2 2026 Revenue up 7% year over year to $52.1M · 7¢ of every $1 of revenue lost · operating margin -7.5%

Public Policy Holding Company made $52.1M in Q2 2026 (+7% Y/Y): Government Relations Consulting revenue $30.4M, Corporate Communications & Public Affairs Consulting revenue $18.2M, Compliance and Insights Services revenue $3.6M. Operating margin -7.5%, net loss $3.7M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 11, 2026.

Revenue$52.1M
Year over year+7%
Operating margin-7.5%
Net earnings−$3.7M
Operating cash flow$2.6M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $52.1M in Q2 2026, up 7% year over year and up 4% from the previous quarter. Government Relations Consulting revenue was the largest line at 58% of revenue. Government Relations Consulting revenue added $3.1M year over year (up 11%), 86% of the total change.

Operating costs exceeded revenue by $3.9M, an operating margin of -7.5%. Total costs grew 5% against revenue growth of 7%. The fastest-growing cost line was General & admin (+27%). The quarter ended with a net loss of $3.7M, narrower than the previous quarter's $11.5M loss.

Operating cash flow was $2.6M (down 69% year over year). Non-cash charges added back $1.5M of depreciation and amortization. Working capital and other items added $4.9M. Capital expenditures of $111K left free cash flow of $2.5M.

Quarterly history

Public Policy Holding Company revenue by quarterPublic Policy Holding Company revenue by quarter$50.1MQ1 2026$52.1MQ2 2026
Public Policy Holding Company net earnings by quarterPublic Policy Holding Company net earnings by quarter−$11.5MQ1 2026−$3.7MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 11, 2026$52.1M+7%-7.5%−$3.7M$2.6M
Q1 202610-QMay 14, 2026$50.1M+28%-16.3%−$11.5M−$11.7M

Charts

Public Policy Holding Company: where the cash came from (+) and went (−), TTM to Q2 2026Public Policy Holding Company: where the cash came from (+) and went (−), TTM to Q2 2026Other financing$34.9MCash drawn (+) / kept (−)−$27.1MOperating cash flow$16.0MNet borrowing (+) / repaid (−)−$10.0MDividends−$9.9MAcquisitions−$3.2MCapital spending−$550KOther investing−$100KExchange rates$41K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Public Policy Holding Company: profit against cash, quarter by quarterPublic Policy Holding Company: profit against cash, quarter by quarterNet incomeOperating cash flow−$10.6M−$8.6MQ1 2025−$5.7M$8.3MQ2 2025−$11.5M−$11.7MQ1 2026−$3.7M$2.6MQ2 2026
Latest (Q2 2026): Net income −$3.7M, Operating cash flow $2.6M.
Public Policy Holding Company in its industry: growth against margin (30 companies, SIC 8742)Public Policy Holding Company in its industry: growth against margin (30 companies, SIC 8742)revenue growth, year over year →↑ operating marginmedian +4%median 2%BAHGASTHFCNHURNICFIONTEXPORMRBWMNHCKTIIITSSIMHHAERTCTMCISOACCSPBSVRTBLBRAEUBGELVGGRNQHapi Metaverse Inc.RDSCYSGLCybriatech IncLEENPPHC (+7%, -8%)
Services-Management Consulting Services; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Public Policy Holding Company

Our mission is to be the preeminent provider of global strategic communications by uniting a diverse group of leading government relations, corporate communications and public affairs specialists around the world for the collective success of our clients, employees, and shareholders. Founded by veteran advisors with decades of experience in Washington, D.C.’s public policy and government relations landscape, we have grown and diversified our global communications advisory business through targeted acquisitions and organic growth.

In its own words, from its 10-K, filed Mar 31, 2026.

Public Policy Holding Company against its Services-Management Consulting Services peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +7% against the peers' median +7%. Operating margin: -7.5% against the peers' median 8.9%.

CompanyQuarterRevenueY/YOp. margin
PPHC Public Policy Holding CompanyQ2 2026$52.1M+7%-7.5%
BAH Booz Allen Hamilton HoldingQ2 FY27$2.8B-4%8.8%
G GenpactQ3 2026$1.4B+7%15.2%
ASTH Astrana HealthQ3 2026$1.0B+7%3.9%
FCN FTI ConsultingQ3 2026$1.0B+6%8.9%
HURN Huron Consulting GroupQ3 2026$491M+11%12.0%
ICFI ICF InternationalQ3 2026$470M+1%9.3%
ONT OnterrisQ3 2026$203M-10%6.0%
EXPO ExponentQ3 2026$174M+18%24.1%

Source: Public Policy Holding Company 10-Q on SEC EDGAR · CIK 1903508 · Services-Management Consulting Services

13F: who owns PPHC and who is buying

Largest holders of PPHC (13F)Largest holders of PPHC (13F)Canoe Financial LP$8.9MWasatch Advisors LP$8.8MRoyce & Associates LP$7.6MJennison Associates LLC$6.3MStorebrand Asset Management As$4.4MGraham Capital Wealth Management,…$3.0MThompson Siegel & Walmsley LLC$2.9MRussell Investments Group$2.8MBlackRock$2.0MAncora Advisors LLC$1.9M
Funds' net buying of PPHC by quarter (13F)Funds' net buying of PPHC by quarter (13F)$82.8M2026-03$2.1M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on PPHC

History

Every quarter: Q2 2026 results · Q1 2026 results

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