EarningsQ2 2026 Earnings Report
DE:PD70 Q2 2026 EPS Results
Actual EPS€0.30
Consensus EPS€0.27
Beat/MissBeat by +€0.04
One Year Ago EPS€0.54
DE:PD70 Q2 2026 Revenue Results
Actual Revenue€46.53M
Expected Revenue€46.05M
Beat/MissBeat by +€483.68K
YoY Revenue Growth-40.68%
Earnings Announcement Details
QuarterQ2 2026
Date08/10/2026
TimeAfter Close
Conference CallMonday, August 10, 2026
DE:PD70 Upcoming Earnings
Public Policy Holding Co., Inc.'s next earnings date is estimated for November 9, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated a clear set of operational and strategic positives: double-digit reported revenue growth, improving adjusted EBITDA and margins, upgraded full-year guidance, successful execution on targeted M&A including entry into Florida lobbying, and a materially stronger balance sheet following the IPO. Offsetting items included a meaningful drop in first-half adjusted free cash flow driven by seasonality and higher working capital, rising holdco costs from public company investments that compressed margins, ongoing GAAP suppression from a legacy non-cash share-based charge (scheduled to roll off at year-end), and dilution from the IPO that modestly pressured EPS. Management provided explanations and remediation expectations (H2 cash flow recovery, GAAP improvement in 2027), and reiterated confidence in organic growth (~5%), M&A pipeline, and client/talent fundamentals.Company Guidance
Strong Revenue Growth and Organic Momentum
First-half revenue increased 16.3% year-over-year to $102.3 million, with organic growth of 4.4%. Second-quarter revenue was $52.1 million, up ~7% year-over-year with ~3.9% organic growth despite a tough comparable period.
Improved Adjusted EBITDA and Margins
Adjusted EBITDA for the first half was $23.4 million, up ~9% year-over-year, yielding a blended margin of ~22.9% (at the top end of prior guidance). Q2 adjusted EBITDA margin improved to 23.5% versus Q1.
Raised Full-Year Guidance
Management increased full-year guidance to $213M–$216M revenue and $48.5M–$50.5M adjusted EBITDA, with a 22.5%–23.5% margin range. This represents roughly +$8M in revenue and +$2.5M in adjusted EBITDA versus prior guidance and a ~50 basis point margin raise.
Disciplined M&A Execution and Geographic Expansion
Closed three acquisitions YTD (WPI, Tancredi, The Advocacy Partners), adding capabilities and a new lobbying presence in Florida. Management described deals as margin-accretive, capability-focused, and structured with future performance-based consideration.
Balance Sheet Strength and Liquidity Improvement
Quarter-end cash of $36.9M vs total debt of $42M produced a net debt position of $5.2M (vs $42.2M net debt a year earlier). IPO proceeds materially improved liquidity and provide flexibility for further M&A while keeping leverage low.
Client Diversification and Talent Retention
Top-10 client concentration fell to 7.5% of revenue (from 9.4% a year ago); no single client >2%. The company serves ~1,500 clients including ~half of the Fortune 100. Employee equity participation remains high (200+ of 476 employees with equity), supporting retention and alignment.
DE:PD70 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed