TTGT
TechTarget, Inc.5.32
+0.12+2.31%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
383.88MP/E (TTM)
-Basic EPS (TTM)
-14.39Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Executive comp boosts approved
TechTarget's Compensation Committee approved executive pay adjustments on September 19, 2025, boosting CEO Gary Nugent's target STIP bonus to $562,500 and granting him RSUs worth 125% of base salary vesting over three years. CRO Steve Niemiec scored a $400,000 target bonus, a $400,000 retention payout split across 2026-2027, and 100% base RSUs, while CFO Daniel Noreck's salary rose retroactively to $330,000 from January 1, plus matching bonuses and RSUs. All hinge on hitting revenue and profit targets. Retention locks in key talent amid growth push.
10-Q
Q2 FY2025 results
TechTarget's Q2 revenue climbed 90% year-over-year to $119.9M, fueled by the December 2024 merger with Informa Tech Digital, which added $44.1M in marketing and advertising services alongside $4.2M in advisory; intelligence subscriptions held steady at $19.7M. Gross profit mirrored the surge at 90% growth to $68.8M, yet operating expenses ballooned to $479.1M on $382.2M goodwill impairments across Canalys, Industry Dive, NetLine, Bluefin, and legacy units, triggered by a sustained share price drop and macro pressures, driving a $410.3M operating loss. Cash from operations turned positive at $13.7M YTD, after liquidating $76.8M in short-term investments to repay $417.0M convertible notes; $120.0M remains drawn on the $250.0M related-party revolver at SOFR plus 2.5-3.0%. Post-quarter, a reorganization plan eyes $19.5M-$45.0M in charges, mostly Q3, to streamline operations. Macroeconomic uncertainty lingers as a key risk.
8-K
Q2 revenue surges 15.5% sequentially
TechTarget reported Q2 2025 revenues of $120 million, up 15.5% sequentially from Q1 amid a subdued market, yet down 2% year-over-year on a combined basis. Adjusted EBITDA hit $17 million with a 14% margin, narrowed from prior losses, though a $382 million non-cash goodwill impairment drove a $399 million net loss. Momentum builds. The company reaffirmed 2025 guidance for flat revenues and Adjusted EBITDA of at least $85 million, fueled by $10 million in cost synergies, while a 10% workforce cut poses integration risks.
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