ACCESS Newswire Inc. (NYSE American: ACCS) reported its financial results for the three and nine months ended September 30, 2026, in a press release filed with the SEC on November 10, 2026. The company reported total revenue of $5.5 million for the third quarter of 2026, a decrease of 2% compared to $5.6 million in the prior quarter and 4% compared to $5.7 million in the third quarter of 2025. This decline was attributed to lower press release volume due to a softer market, partially offset by higher revenue per release driven by new social monitoring and analytics products.
Gross margin for the quarter expanded to 75% of revenue, or $4.2 million, compared to 73% in the second quarter of 2026. The company attributed this improvement to lower distribution costs resulting from reduced volumes from variable-rate partners. On a year-to-date basis, revenue for the first nine months of 2026 was $16.5 million, a decrease of 2% compared to the same period in 2025.
Operating loss for the third quarter narrowed to $142,000 from $184,000 in the prior year. On a GAAP basis, the net loss from continuing operations was $80,000, or $0.02 per diluted share. The company reported Adjusted EBITDA of $829,000, or 15% of revenue, compared to $933,000 in the prior year. Adjusted free cash flow for the quarter was $0.4 million.
ACCESS Newswire also reported growth in its customer base. As of September 30, 2026, the company had 14,134 active customers, an increase of 14% year-over-year. Subscription revenue for the quarter was $3.2 million, representing 60% of total revenue. The average annual recurring revenue (ARR) per subscription customer was $12,331, up 6% from $11,651 at the end of the third quarter of 2025.
In a statement, CEO Brian R. Balbirnie noted that the company achieved its margin goals for the second half of the year and delivered positive cash flow. He stated that the company streamlined its organization in October, expecting to generate annualized savings of over $1.5 million beginning in the first quarter of 2027.
