Consensus Cloud Solutions, Inc. Reports First Quarter 2026 Results; Reaffirms Full Year 2026 and Releases Q2 2026 Guidance

About this update from Consensus Cloud Solutions, Inc.

  LOS ANGELES, May 07, 2026--(BUSINESS WIRE)--Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) today reported financial results for the first quarter of 2026. "I am pleased that our Q1 achievements continued the momentum from 2025. We continued to see strength in our corporate channel, which exceeded 8% revenue growth in the quarter and had the highest year over year revenue growth since Q4 2022. We also saw improvement in the SoHo channel ahead of our expectations. We were able to repurchase approximately 600,000 shares of our common stock during the quarter at what we believe are attractive prices. This was fueled by our revenue growth and strong year over year key financial results highlighted below as well as excellent net cash provided by operating activities and Free cash flow," said Scott Turicchi, CEO of Consensus. FIRST QUARTER UNAUDITED 2026 HIGHLIGHTS Q1 2026 quarterly revenues increased by $1.3 million to $88.5 million compared to $87.1 million for Q1 2025. This increase was primarily due to an increase of $4.4 million or 8.2% in our Corporate business, partially offset by a decrease of $3.1 million or 9.5% in our small office/home office ("SoHo") business relating to our strategic initiative. Net income (1) increased by $3.5 million or 16.7% to $24.7 million in Q1 2026 compared to $21.2 million for Q1 2025. The increase was primarily due to a favorable change in intercompany related foreign exchange gain and loss, as well as a decrease in our interest expense due to debt repurchases and redemption that lowered our outstanding debt balance. Q1 2026 net income margin (1) was 27.9% compared to 24.3% for Q1 2025. Earnings per diluted share (1) increased to $1.30, or by 21.5% in Q1 2026 compared to $1.07 for Q1 2025. The increase was primarily due to the items discussed above, as well as a lower weighted average share count as a result of share repurchases. Adjusted EBITDA (3,4) for Q1 2026 of $47.9 million increased compared to Q1 2025 of $47.3 million primarily driven by an increase in revenues partially offset by increases in our marketing spend and personnel-related expenses. Adjusted EBITDA margin (3) was 54.1% and 54.2% in Q1 2026 and Q1 2025, respectively, which were both within our target Adjusted EBITDA margin (3) range of 50% - 55%. Adjusted net income (1,2) in Q1 2026 increased to $28.9 million from $27.0 million ...

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