Marchex, Inc. (NASDAQ: MCHX) reported financial results for the third quarter ended September 30, 2026, indicating a return to revenue growth and profitability. The company generated $16.0 million in revenue for the quarter, an increase from $15.2 million in the third quarter of 2025. On a GAAP basis, the company reported a net income of $1.3 million, or $0.03 per diluted share, compared to a net loss of $1.3 million, or $(0.03) per diluted share, in the prior year period.
Adjusted EBITDA for the quarter totaled $2.4 million, a significant increase from $0.5 million in the third quarter of 2025. Adjusted EBITDA margin expanded to approximately 15% from 3% in the prior year. This metric includes $0.2 million in reorganization and acquisition-related costs; adjusted EBITDA before these costs was $2.6 million, or 16%. Adjusted non-GAAP income per share was reported as $0.04, compared to an adjusted loss of $(0.01) per share in the prior year.
The company highlighted commercial momentum following its acquisition of Archenia in July 2026. Key developments include the commercial deployment of an AI Voice Agent solution to an existing advertising and media customer, which currently generates approximately $400,000 in annualized revenue. Additionally, Marchex received approval from a major automotive original equipment manufacturer to offer its Engage for Service solution through the OEM's dealer portal.
On November 9, 2026, Marchex announced the appointment of Travis Fairchild as President of the combined company. Fairchild previously served as the Chief Executive Officer of Archenia. He will lead the commercialization of the combined platform, while Troy Hartless, the former President of Marchex, will continue as Chief Revenue Officer.
Looking ahead, Marchex anticipates fourth quarter 2026 revenue of $15.0 million or more and Adjusted EBITDA of $2.3 million to $2.5 million. The company noted that seasonality typically leads to lower sequential revenue and Adjusted EBITDA in the fourth quarter but believes there may be opportunities to offset this trend based on its current sales pipeline and cost efficiencies.