TechTarget, Inc.

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 6, 2026

TTGT$3.02+14.6%Stored close · as of Nov 9, 2026

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Contents

Item 1. Financial Statements

PART I. FINANCIAL INFORMATION

Unaudited Condensed Consolidated Balance Sheets

(in thousands, except share and per share data)

	June 30, 2026	December 31, 2025
Assets
Current assets:
Cash and cash equivalents	$45,820	$40,626
Accounts receivable, net of allowance for credit losses of $1,378 and $1,168 respectively	70,785	83,819
Related party receivables	1,359	4,019
Prepaid taxes	11,450	11,329
Prepaid expenses and other current assets	14,746	15,592
Total current assets	144,160	155,385
Non-current assets:
Property and equipment, net	2,717	2,299
Goodwill	1,094	45,550
Intangible assets, net	684,517	725,525
Operating lease right-of-use assets	16,016	3,178
Deferred tax assets	3,364	3,360
Other non-current assets	1,575	2,011
Total non-current assets	709,283	781,923
Total assets	$853,443	$937,308
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$18,006	$21,160
Related party payables	5,051	5,671
Contract liabilities	62,522	50,526
Operating lease liabilities	2,434	3,112
Accrued expenses and other current liabilities	15,300	22,572
Accrued compensation expenses	17,672	19,037
Income taxes payable	3,662	4,349
Contingent consideration	710	190
Total current liabilities	125,357	126,617
Non-current liabilities:
Operating lease liabilities	9,136	1,426
Other liabilities	6,269	6,008
Related party long-term debt	120,091	106,714
Deferred tax liabilities	85,219	100,664
Contingent consideration	515	1,260
Total non-current liabilities	221,230	216,072
Total liabilities	$346,587	$342,689
Stockholders’ equity:
Common stock, $0.001 par value; 250,000,000 shares authorized; 72,346,562 shares issued and 72,328,574 shares outstanding at June 30, 2026; 72,308,235 shares issued and 72,291,454 shares outstanding at December 31, 2025	72	72
Treasury stock, at cost; 17,988 and 16,781 shares at June 30, 2026 and December 31, 2025, respectively	(715)	(689)
Additional paid-in capital	1,652,387	1,647,840
Accumulated deficit	(1,176,759)	(1,084,243)
Accumulated other comprehensive income	31,871	31,639
Total stockholders’ equity	506,856	594,619
Total liabilities and stockholders’ equity	$853,443	$937,308

See accompanying Notes to Unaudited Condensed Consolidated Financial Statements.

Unaudited Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss)

(in thousands, except per share data)

	For the Three Months Ended		For the Six Months Ended
	June 30, 2026	June 30, 2025	June 30, 2026	June 30, 2025
Revenues1	$116,148	$119,943	$222,196	$223,830
Cost of revenues1,2	(51,665)	(51,164)	(99,691)	(95,324)
Gross profit	64,483	68,779	122,505	128,506
Operating expenses:
Selling and marketing2	29,672	37,063	63,099	70,373
General and administrative1,2	21,899	18,921	40,729	43,205
Product development2	3,356	2,596	7,019	5,385
Depreciation	419	531	1,133	1,063
Amortization, excluding amortization of $3,206, $2,950, $6,322, and $5,423 included in cost of revenues	22,619	22,898	44,556	46,186
Impairment of goodwill	—	382,248	45,006	841,348
Restructuring expense (income)	73	—	(382)	—
Acquisition and integration costs1	8,526	14,811	24,348	24,139
Remeasurement of contingent consideration	—	—	36	—
Total operating expenses	86,564	479,068	225,544	1,031,699
Operating loss	(22,081)	(410,289)	(103,039)	(903,193)
Related party interest expense	(2,166)	(2,815)	(4,300)	(4,628)
Interest income	51	62	103	888
Other income (expense), net	451	(5,222)	1,351	(8,316)
Loss before provision for income taxes	(23,745)	(418,264)	(105,885)	(915,249)
Income tax benefit (provision)	2,010	19,602	13,369	(6,801)
Net loss	$(21,735)	$(398,662)	$(92,516)	$(922,050)
Other comprehensive income (loss), net of tax:
Foreign currency translation gain (loss)	1,651	6,768	232	10,758
Total comprehensive loss	$(20,084)	$(391,894)	$(92,284)	$(911,292)
Net loss per common share:
Basic	(0.30)	(5.58)	(1.28)	(12.90)
Diluted	(0.30)	(5.58)	(1.28)	(12.90)
Weighted average common shares outstanding:
Basic	72,308,647	71,487,725	72,301,012	71,476,670
Diluted	72,308,647	71,487,725	72,301,012	71,476,670
(1) Amounts include related party transactions as follows(a):
Revenues	$45	$347	$107	571
Cost of revenues	5	323	15	600
General and administrative	5,406	4,917	11,179	10,294
Acquisition and integration costs	969	5,126	1,960	5,353
Other income (expense), net	1,775	—	1,775	—
(2) Amounts include stock-based compensation expense as follows:
Cost of revenues	$293	$426	$594	$734
Selling and marketing	1,391	2,776	2,722	5,533
General and administrative	484	773	878	1,484
Product development	122	185	239	368

See accompanying Notes to Unaudited Condensed Consolidated Financial Statements.

Unaudited Condensed Consolidated Statements of Stockholders’ Equity (Deficit)

(in thousands, except share and per share data)

	Common Stock
	Number ofShares	$0.001Par Value	Additional Paid-In Capital	Accumulated Deficit	AccumulatedOther ComprehensiveIncome	Total Stockholders’Equity
Balance, December 31, 2024	71,460,169	71	1,626,785	(75,937)	20,935	$1,571,854
Net loss	—	—	—	(523,388)	—	(523,388)
Other comprehensive income	—	—	—	—	3,990	3,990
Issuance of shares of common stock from RSU awards	25,012	—	—	—	—	—
Stock-based compensation	—	—	3,959	—	—	3,959
Balance, March 31, 2025	71,485,181	$71	$1,630,744	$(599,325)	$24,925	$1,056,415
Net loss	—	—	—	(398,662)	—	(398,662)
Other comprehensive income	—	—	—	—	6,768	6,768
Other share issuances	100	—	—	—	—	—
Issuance of shares of common stock from RSU awards	3,719	—	—	—	—	—
Stock-based compensation	—	—	4,160	—	—	4,160
Balance, June 30, 2025	71,489,000	$71	$1,634,904	$(997,987)	$31,693	$668,681

Common Stock · Treasury Stock
	Number ofShares	$0.001Par Value	Number of Shares	Cost	Additional Paid-In Capital	Accumulated Deficit	AccumulatedOther ComprehensiveIncome (Loss)	Total Stockholders’Equity
Balance, December 31, 2025	72,308,235	$72	(16,781)	$(689)	$1,647,840	$(1,084,243)	$31,639	$594,619
Net loss	—	—	—	—	—	(70,781)	—	(70,781)
Other comprehensive loss	—	—	—	—	—	—	(1,419)	(1,419)
Issuance of shares of common stock from RSU awards	5,191	—	—	—	—	—	—	—
Impact of net settlements	509	—	(509)	(16)	—	—	—	(16)
Stock-based compensation	—	—	—	—	2,143	—	—	2,143
Balance, March 31, 2026	72,313,935	$72	(17,290)	$(705)	$1,649,983	$(1,155,024)	$30,220	$524,546
Net loss	—	—	—	—	—	(21,735)	—	(21,735)
Other comprehensive income	—	—	—	—	—	—	1,651	1,651
Issuance of common stock from ESPP	29,131	—	—	—	114	—	—	114
Issuance of shares of common stock from RSU awards	2,798	—	—	—	—	—	—	—
Impact of net settlements	698	—	(698)	(10)	—	—	—	(10)
Stock-based compensation	—	—	—	—	2,290	—	—	2,290
Balance, June 30, 2026	72,346,562	$72	(17,988)	$(715)	$1,652,387	$(1,176,759)	$31,871	$506,856

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.