Revenue Climbs, Profit Jumps for NIQ in Second Quarter

Consumer Intelligence company NIQ has reported revenue up 8.0% to $1.124 billion in the second quarter, equivalent to organic constant currency (OCC) growth of 5.8%; and adjusted EBITDA up 21.9% to $261.9 million.

Revenue growth in the Americas was 8.3% (to $455.1m), in EMEA 4.9% (to $507.8m), and in APAC having shrunk the previous year it grew 1.9% (to $161.3m). Both the major activities of the business grew apace, with Intelligence revenue up 5.7% OCC; and Activation revenue growth of 6.1% OCC.

Jim Peck (pictured), Executive Chairman and CEO, comments: 'Our second quarter results underscore the strength of NIQ's mission-critical role with global retailers and manufacturers, as we delivered our fifth consecutive quarterly beat since becoming a public company... We see a healthy client demand environment and we are moving aggressively to capture significant AI opportunities. From launching our next wave of AI-powered capabilities Optiq, Bridge and Cadence, to engaging our ConnectAI Charter Program clients and growing pipeline, to strengthening our AI leadership team and partnerships, we are rapidly building powerful new ways for clients to capitalize on NIQ's proprietary, AI-ready intelligence.'

NIQ says during the second quarter it closed 26 seven-figure wins, including three eight-figure deals, across new wins, renewals, upsells and competitive win-backs. The company raised full year 2026 financial guidance to 5.2% - 5.6% OCC revenue growth and 23.5% - 23.9% adjusted EBITDA margin.

It's online at www.niq.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.