Filing Flows › Public Policy Holding Company (PPHC) › Q2 2026
Public Policy Holding Company (PPHC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 11, 2026
Public Policy Holding Company (PPHC) reported revenue of $52.1M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +4% from the quarter before. Operating margin was -7.5%, net loss $3.7M (7.2% of revenue).
Public Policy Holding Company, Q2 2026: revenue $52.1M (+7% year over year), operating margin -7.5%, net loss $3.7M, operating cash flow $2.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $52.1M | +4% | +7% |
| Operating profit | −$3.9M | — | — |
| Net earnings | −$3.7M | — | — |
| Operating cash flow | $2.6M | — | -69% |
| Free cash flow | $2.5M | — | -70% |
What changed
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.
Questions
What was Public Policy Holding Company's revenue in the second quarter 2026?
Public Policy Holding Company (PPHC) reported revenue of $52.1M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +4% from the quarter before.
Was Public Policy Holding Company profitable in the second quarter 2026?
Operating loss was $3.9M (-7.5% of revenue) and net loss $3.7M.