Filing Flows › Versant Media Group (VSNT) › Q1 2026
Versant Media Group (VSNT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Versant Media Group (VSNT) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), -1% from a year earlier and +5% from the quarter before. Operating margin was 26.2%, net earnings $286M (17.0% of revenue).
Versant Media Group, Q1 2026: revenue $1.7B (-1% year over year), operating margin 26.2%, net earnings $286M, operating cash flow $585M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +5% | -1% |
| Operating profit | $442M | +122% | -11% |
| Net earnings | $286M | +57% | -22% |
| Operating cash flow | $585M | +23% | +22% |
| Free cash flow | $558M | — | — |
What changed
Revenue was $1.7B in Q1 2026, down 1% year over year and up 5% from the previous quarter. Linear distribution was the largest line at 60% of revenue. Linear distribution lost $0.08B year over year (down 7%), 416% of the total change.
Operating profit was $0.44B, a 26.2% margin (down 3.0 points year over year). Total costs grew 3% against a revenue fall of 1%. The fastest-growing cost line was SG&A (+14%). Net earnings were $0.29B, down 22% year over year. The effective tax rate was 28.1%.
Operating cash flow was $0.58B (up 22% year over year), 205% of net earnings. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.28B. After capital expenditures ($0.03B), free cash flow as the company reports it was $0.56B.
Questions
What was Versant Media Group's revenue in the first quarter 2026?
Versant Media Group (VSNT) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), -1% from a year earlier and +5% from the quarter before.
Was Versant Media Group profitable in the first quarter 2026?
Operating profit was $442M (26.2% of revenue) and net earnings $286M.