Nexxen International Ltd. has announced record financial results for the third quarter of 2026, marking a significant milestone for the advertising technology company. The results reflect strong growth in revenue and Adjusted EBITDA, reinforcing Nexxen's position in the competitive landscape of computer programming and data processing services.

On November 12, 2026, Nexxen released its financial results for the three and nine months ending September 30, 2026. The company reported a record Contribution ex-TAC of $100.3 million, an 8% increase year-over-year. Additionally, programmatic revenue reached $97.8 million, up 9% from the previous year, and CTV revenue surged by 39% to $34.1 million.

Nexxen's Adjusted EBITDA also saw a significant rise, reaching $34.5 million, which represents a 22% year-over-year growth and a 34% Adjusted EBITDA margin. The company reaffirmed its full-year guidance for 2026, expecting Contribution ex-TAC to be between $388 million and $402 million, and programmatic revenue to fall between $380 million and $393 million.

Founded as Tremor International Ltd., Nexxen operates within the SIC category of Services-Computer Programming, Data Processing, Etc. The company is listed on Nasdaq under the ticker NEXN, and it has been classified as an accelerated filer and an emerging growth company. Its headquarters are located in Tel Aviv, Israel.

The filing indicates that Nexxen's success in Q3 was driven by robust demand across its enterprise, CTV, and mobile in-app products, alongside its data capabilities. The company highlighted that programmatic revenue now constitutes 95% of total revenue, up from 94% in Q3 2025. This shift underscores a growing reliance on programmatic advertising solutions in the industry.

In his remarks, Chief Executive Officer Ofer Druker stated, "We delivered record Q3 Contribution ex-TAC and programmatic revenue, highlighted by strength across enterprise, CTV, mobile in-app, and data products. Our investments across these areas are driving tangible results, supporting what we believe are continued share gains across agencies, brands, and major holding companies." Druker also emphasized the company's commitment to leveraging AI to enhance its advertising platform.

Nexxen's strategic initiatives include expanding its CTV media footprint and enhancing its unique data capabilities. The company has launched new first-party data onboarding capabilities, allowing clients to prepare audiences for activation in less than 24 hours. This advancement is expected to improve performance and ease of use for customers.

The filing also noted the extension of a $40 million share repurchase program, with plans to resume repurchases in the second half of Q4 2026. Nexxen's strong balance sheet, with no long-term debt and $152.9 million in cash and cash equivalents, provides the company with the financial flexibility to invest in growth while returning capital to shareholders.

Looking ahead, Nexxen anticipates that Q4 2026 will be its best quarter yet, driven by strong preliminary results for October. The company expects to continue its momentum into 2027, capitalizing on the AI-driven transformation in the advertising ecosystem.

As Nexxen continues to innovate and expand its offerings, competitors in the advertising technology space may need to enhance their strategies to keep pace with Nexxen's growth. The filing does not specify the next steps for the company but indicates a strong outlook for the remainder of the fiscal year.