Comscore, Inc. (Nasdaq: SCOR), a leader in media measurement across platforms, has released its financial results for the fourth quarter and the full year ended December 31, 2025. The company demonstrated solid progress in key strategic areas, particularly in its local TV and cross-platform business lines, which contributed to an overall revenue growth year-over-year.

CEO Jon Carpenter emphasized the significance of these results, noting, "We delivered strong double-digit growth in our local TV and cross-platform business lines... with the recapitalization transaction behind us, we can now focus on unlocking value through strategic transformation."

2. FY 2025 Business and Financial Highlights

Revenue: Comscore reported total revenue of $357.5 million for 2025, a slight increase from $356.0 million in 2024. This growth includes a remarkable 24% increase in cross-platform solutions, attributed to the success of Proximic and CCR, as well as an ongoing adoption of their cross-platform content measurement offerings.

Local TV Growth: The local TV segment experienced double-digit growth, driven by significant renewals and new business acquisitions.

Net Loss: The company reported a net loss of $10.0 million for the year, a substantial improvement from a net loss of $60.2 million in 2024. This improvement was primarily due to the absence of a significant non-cash goodwill impairment charge that impacted the previous year's results.

Adjusted EBITDA: Comscore's adjusted EBITDA rose to $42.0 million, compared to $41.0 million in 2024, indicating a robust operational performance.

Recapitalization Transaction: The successful completion of a pivotal recapitalization transaction with preferred stockholders eliminated an $18.0 million annual dividend burden, enhancing alignment between common and preferred stockholders.

3. Q4 2025 Financial Highlights

For the fourth quarter of 2025, Comscore reported:

Revenue: $93.5 million, a 1.5% decrease from $94.9 million in Q4 2024.

Net Income: $3.0 million, slightly lower than the $3.1 million reported in the same quarter of the previous year.

Adjusted EBITDA: $14.7 million, up from $14.2 million in Q4 2024, leading to adjusted EBITDA margins of 15.7%.

Detailed Q4 Performance

In Q4 2025, Comscore's revenue from Content & Ad Measurement declined by 2.7%, primarily due to reduced revenue from syndicated audience offerings. However, the cross-platform revenue grew by 9.6%, and Research & Insight Solutions revenue increased by 5.3%, benefiting from new business in consumer brand health products.

Operating expenses for the quarter totaled $86.3 million, down 4.4% from $90.3 million in Q4 2024, largely due to lower employee compensation and data costs.

4. Full-Year Summary

For the full year 2025:

Revenue from Content & Ad Measurement increased by 1.0% compared to 2024, driven by the strong performance of cross-platform offerings.

Research & Insight Solutions revenue saw a decline of 3.1% due to decreased deliveries of certain custom digital products.

Despite the increase in operating expenses, Comscore's net loss margin improved significantly due to the absence of the prior year's impairment charge.

5. Balance Sheet and Liquidity

As of December 31, 2025, Comscore reported cash, cash equivalents, and restricted cash totaling $26.8 million, including $3.2 million in restricted cash. The company's outstanding debt principal stood at $44.6 million, with no borrowings against its revolving credit facility.

The recapitalization transaction completed on December 29, 2025, involved key preferred stockholders exchanging their Series B preferred stock for common stock and new Series C preferred stock, thus eliminating previous dividend obligations and enhancing governance alignment.

6. 2026 Financial Outlook

Looking ahead, Comscore expects Q1 2026 revenue to remain roughly flat compared to Q1 2025. The company anticipates continued double-digit growth from its cross-platform offerings, which should help mitigate anticipated declines in revenue from national TV and syndicated digital products. An updated financial outlook will be provided in the upcoming earnings call.

7. Conference Call Information

Management will discuss these results in detail during a conference call scheduled for March 17, 2026, at 5:00 p.m. ET. Interested parties can access the live audio webcast and supplemental information on Comscore's investor relations website.

8. About Comscore

Comscore is a global leader in media measurement, providing media buyers and sellers with comprehensive insights into audience behaviors across digital and traditional platforms. By combining advanced audience insights with a broad data footprint, Comscore empowers businesses to make informed decisions in a rapidly evolving media landscape.

Original press release