Informa TechTarget Revenue Falls 1.6% as AI Investment Takes Priority
Key Facts
In its nine-month trading update, Informa said Informa TechTarget’s underlying revenue fell 1.6% year over year. The group attributed the decline to continued market volatility and corporate technology customers prioritizing AI investment over product marketing and sales support. The update does not give a separate revenue figure or explicitly link the decline to the nine-month period alone. The performance puts the company in the context of weak spending by its customers on services that support product marketing and sales. The company is due to report third-quarter results on 6 November, giving investors its latest performance details.
The company’s revenue in the first half of 2026 was £165.0 million, compared with £171.6 million in the same period of 2025. Underlying revenue growth fell 1.3% in the first half of 2026, compared with a 4.3% decline in the first half of 2025. The comparison indicates that the pace of contraction was narrower in the first half, before the nine-month update recorded a 1.6% year-over-year decline. In its previous update, the company said Informa would reaffirm its 2026 revenue growth guidance. That guidance will be tracked against what management announces with third-quarter results.
First-quarter 2026 results showed a different picture for revenue and adjusted operating profitability: the company reported revenue of $106.0 million, up 2.1% year over year, while adjusted EBITDA rose 27.4% to $7.4 million. By segment, its brand-to-demand business grew 4.7% year over year in the quarter, while revenue in the intelligence and advisory segment fell 3.9%. The company attributed the latter segment’s decline mainly to lower volumes in its go-to-market strategy consulting business. These figures provide context for differing performance across the company’s businesses before the nine-month update showed an overall decline in underlying revenue. In its latest update, management also linked pressure on the company to market volatility and customers shifting priorities toward AI investment.
In the first half, adjusted operating profit was £4.7 million, up from £0.2 million a year earlier. Meanwhile, the statutory operating loss narrowed to £41.2 million from £535.4 million in the first half of 2025. These indicators show improvement in adjusted profit and a significant reduction in the statutory loss, alongside a decline in underlying revenue. In May, the company reiterated its 2026 adjusted EBITDA guidance of between $95.0 million and $100.0 million. At the time, it said it expected to make further progress toward those targets in the second quarter.
Informa TechTarget shares listed in London closed at 833.6 on 26 October, while the Nasdaq-listed shares closed at 3.8 on the same day, according to EL7 data. The supplied price data does not specify the trading unit or currency, so these figures alone do not reflect the share’s move in response to the revenue update. The company is scheduled to report results for the third quarter ended 30 September before U.S. markets open on 6 November 2026. Management will hold a conference call and webcast on the same day at 8:30 a.m. Eastern Time. The company has also arranged virtual investor meetings during Needham Tech Week on 18 November 2026.