Filing Flows › Versant Media Group (VSNT) › Q3 2026 › vs Q2 2026
Versant Media Group (VSNT) Q3 2026 vs Q2 2026 (quarter over quarter)
Versant Media Group's revenue fell $50.0M (-3%) from $1.6B in Q2 2026 to $1.6B in Q3 2026. The biggest changes: Advertising −$50.0M (-12%); Platforms +$20.0M (+9%); Linear distribution −$19.0M (-2%). Operating margin 6.9% against 22.3% (-15.4 pts).
Versant Media Group, Q3 2026: revenue $1.6B (-4% year over year), operating margin 6.9%, net earnings $47.0M, operating cash flow $346M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 6.9% | 22.3% | -15.4 pts |
| Net margin | 2.9% | 12.8% | -9.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Linear distribution | $935M | $954M | −$19.0M | -2% |
| Advertising | $373M | $423M | −$50.0M | -12% |
| Platforms | $245M | $225M | $20.0M | +9% |
| Content licensing and other | $41.0M | $43.0M | −$2.0M | -5% |
| Revenue | $1.6B | $1.6B | −$50.0M | -3% |
| Operating profit | $110M | $367M | −$257M | -70% |
| Costs & expenses | $1.5B | $1.3B | $207M | +16% |
| Pre-tax earnings | $66.0M | $323M | −$257M | -80% |
| Other expense, net | $44.0M | $44.0M | $0 | 0% |
| Cost of revenue | $879M | $650M | $229M | +35% |
| SG&A | $362M | $369M | −$7.0M | -2% |
| Other operating costs | $243M | $258M | −$15.0M | -6% |
| Net earnings | $47.0M | $211M | −$164M | -78% |
| Income tax | $19.0M | $112M | −$93.0M | -83% |
| Share-based compensation | $16.0M | $16.0M | $0 | 0% |
| Working capital & other | $283M | $155M | $128M | +83% |
| Operating cash flow | $346M | $382M | −$36.0M | -9% |
Questions
How much did Versant Media Group's revenue grow quarter over quarter in Q3 2026?
Versant Media Group's revenue fell $50.0M (-3%) from $1.6B in Q2 2026 to $1.6B in Q3 2026.
What drove Versant Media Group's revenue change in Q3 2026?
Advertising −$50.0M (-12%); Platforms +$20.0M (+9%); Linear distribution −$19.0M (-2%).