Filing Flows › Versant Media Group (VSNT) › Q2 2026 › vs Q2 2025
Versant Media Group (VSNT) Q2 2026 vs Q2 2025 (year over year)
Versant Media Group's revenue fell $64.0M (-4%) from $1.7B in Q2 2025 to $1.6B in Q2 2026. The biggest changes: Linear distribution −$63.0M (-6%); Advertising −$2.0M (-0.5%); Platforms +$2.0M (+0.9%). Operating margin 22.3% against 24.0% (-1.7 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 22.3% | 24.0% | -1.7 pts |
| Net margin | 12.8% | 17.7% | -4.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Linear distribution | $954M | $1.0B | −$63.0M | -6% |
| Advertising | $423M | $425M | −$2.0M | -0.5% |
| Platforms | $225M | $223M | $2.0M | +0.9% |
| Content licensing and other | $43.0M | $43.0M | $0 | 0% |
| Revenue | $1.6B | $1.7B | −$64.0M | -4% |
| Operating profit | $367M | $410M | −$43.0M | -10% |
| Costs & expenses | $1.3B | $1.3B | −$21.0M | -2% |
| Pre-tax earnings | $323M | $409M | −$86.0M | -21% |
| Other expense, net | $44.0M | $1.0M | $43.0M | 44× |
| Cost of revenue | $650M | $700M | −$50.0M | -7% |
| SG&A | $369M | $355M | $14.0M | +4% |
| Other operating costs | $258M | $243M | $15.0M | +6% |
| Net earnings | $211M | $303M | −$92.0M | -30% |
| Income tax | $112M | $106M | $6.0M | +6% |
| Share-based compensation | $16.0M | $11.0M | $5.0M | +45% |
| Working capital & other | $155M | $321M | −$166M | -52% |
| Operating cash flow | $382M | $635M | −$253M | -40% |
Questions
How much did Versant Media Group's revenue grow year over year in Q2 2026?
Versant Media Group's revenue fell $64.0M (-4%) from $1.7B in Q2 2025 to $1.6B in Q2 2026.
What drove Versant Media Group's revenue change in Q2 2026?
Linear distribution −$63.0M (-6%); Advertising −$2.0M (-0.5%); Platforms +$2.0M (+0.9%).