Clarivate (NYSE:CLVT), a global leader in providing trusted intelligence to accelerate the pace of innovation, reported financial results for the first quarter ended March 31, 2026, on Wednesday, April 29, 2026.
The company posted total revenues of $585.5 million and demonstrated disciplined operational execution by delivering an adjusted EBITDA of $241.2 million.
The quarter’s bottom-line performance showed resilience, with adjusted net income rising to $119.3 million, resulting in an adjusted earnings per share (EPS) of $0.18.
A primary highlight of the quarter was the company's focus on capital allocation and balance sheet health.
Clarivate generated $78.9 million in free cash flow and utilized its liquidity to retire $143.1 million of debt.
This aggressive deleveraging remains a core pillar of the company’s financial strategy as it aims to reduce interest expenses and enhance long-term shareholder value.
Based on the quarter's performance, Clarivate reaffirmed its full-year 2026 financial guidance.
The company expects total revenues to fall between $2.30 billion and $2.42 billion, with adjusted EBITDA projected in the range of $980 million to $1.04 billion.
Furthermore, Clarivate anticipates generating between $365 million and $435 million in free cash flow for the fiscal year.