Filing Flows › Versant Media Group (VSNT) › Q2 2026 › vs Q1 2026
Versant Media Group (VSNT) Q2 2026 vs Q1 2026 (quarter over quarter)
Versant Media Group's revenue fell $43.0M (-3%) from $1.7B in Q1 2026 to $1.6B in Q2 2026. The biggest changes: Content licensing and other −$78.0M (-64%); Advertising +$55.0M (+15%); Linear distribution −$52.0M (-5%). Operating margin 22.3% against 26.2% (-3.9 pts).
Versant Media Group, Q2 2026: revenue $1.6B (-4% year over year), operating margin 22.3%, net earnings $211M, operating cash flow $382M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 22.3% | 26.2% | -3.9 pts |
| Net margin | 12.8% | 17.0% | -4.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Linear distribution | $954M | $1.0B | −$52.0M | -5% |
| Advertising | $423M | $368M | $55.0M | +15% |
| Platforms | $225M | $192M | $33.0M | +17% |
| Content licensing and other | $43.0M | $121M | −$78.0M | -64% |
| Revenue | $1.6B | $1.7B | −$43.0M | -3% |
| Operating profit | $367M | $442M | −$75.0M | -17% |
| Costs & expenses | $1.3B | $1.2B | $32.0M | +3% |
| Pre-tax earnings | $323M | $398M | −$75.0M | -19% |
| Other expense, net | $44.0M | $44.0M | $0 | 0% |
| Cost of revenue | $650M | $638M | $12.0M | +2% |
| SG&A | $369M | $351M | $18.0M | +5% |
| Other operating costs | $258M | $256M | $2.0M | +0.8% |
| Net earnings | $211M | $286M | −$75.0M | -26% |
| Income tax | $112M | $112M | $0 | 0% |
| Share-based compensation | $16.0M | $17.0M | −$1.0M | -6% |
| Working capital & other | $155M | $282M | −$127M | -45% |
| Operating cash flow | $382M | $585M | −$203M | -35% |
Questions
How much did Versant Media Group's revenue grow quarter over quarter in Q2 2026?
Versant Media Group's revenue fell $43.0M (-3%) from $1.7B in Q1 2026 to $1.6B in Q2 2026.
What drove Versant Media Group's revenue change in Q2 2026?
Content licensing and other −$78.0M (-64%); Advertising +$55.0M (+15%); Linear distribution −$52.0M (-5%).