Clarivate Reports Q3 Revenue of $623.1 Million and Net Loss of $28.3 Million

Reuters
Oct 29, 2025
Clarivate Reports Q3 Revenue of $623.1 Million and Net Loss of $28.3 Million

Clarivate plc reported revenues of $623.1 million for the third quarter of 2025, a 0.1% increase compared to $622.2 million in the same period of 2024. For the nine months ended September 30, 2025, total revenues were $1,838.2 million, down 2.9% from $1,893.7 million for the same period in 2024, primarily due to inorganic divestitures and disposals. Organic revenues for the nine months increased by 0.2%, with organic recurring revenues rising by 0.6%, partially offset by lower organic transactional revenues. The company reported a net loss of $28.3 million for the third quarter of 2025, compared to a net loss of $65.6 million in the third quarter of 2024. Net loss for the nine months ended September 30, 2025, was $204.2 million, or $0.30 per diluted share, compared to a net loss of $444.9 million, or $0.69 per diluted share, for the same period in 2024. Adjusted net income for the nine months was $338.4 million, or $0.49 per diluted share, compared to $379.8 million, or $0.52 per diluted share, in 2024. Adjusted EBITDA for the nine-month period was $747.2 million, down from $775.1 million in the prior year. Clarivate generated $468.6 million in operating cash flow and $276.1 million in free cash flow for the nine months ended September 30, 2025. The company used approximately $150 million to repurchase 34.8 million ordinary shares, including 11.7 million shares in the third quarter of 2025, and repaid $100 million of debt during the third quarter.

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