NIQ Global Intelligence reported a strong third quarter for 2026, with revenue rising 6.3% year-over-year to $1,119.1 million. The company achieved a significant turnaround, swinging to a net income of $35.8 million from a $(198.6) million loss in the prior-year period, while Adjusted EBITDA grew 17.8% to $263.6 million.
Bullish
🤖 80%
Q3 2026 results show revenue of $1,119.1 million (+6.3% Y/Y), a swing to operating income of $106.4 million from a $(34.7) million loss, and Adjusted EBITDA up 17.8% to $263.6 million with margin expanding 230bps to 23.6%. Full-year guidance implies 7.5%-7.7% reported revenue growth and Adjusted EBITDA of $1,065M-$1,073M (+16%-17%). Strong beat-like profitability turnaround and raised-margin outlook support the share price.
Catalysts
- ▲ Q3 2026 Adjusted EBITDA +17.8% Y/Y to $263.6M with 230bps margin expansion
- ▲ Swing from $(198.6)M net loss to $35.8M net income attributable to NIQ
Risk Factors
- ▼ Q3 unlevered free cash flow fell $(58.8)M Y/Y to $238.0M and nine-month free cash flow of $132.1M remains weak
- ▼ Long-term debt of $3,441.0M and accumulated deficit of $(2,286.8)M; restructuring costs of $78.4M for nine months