MCHX · Marchex, Inc.

Summary

Marchex reported Q1 2026 GAAP revenue of $10.6 million and net loss of $1.7 million, with improved Adjusted EBITDA loss of $0.1 million, and provided upbeat Q2/Q3 guidance alongside an Archenia acquisition update.

Key takeaways

• GAAP revenue $10.6M in Q1 2026 vs $11.4M in Q1 2025; net loss improved to $1.7M or $(0.04)/share from $2.0M or $(0.05)/share.
• Adjusted EBITDA loss narrowed to $0.1M from $0.8M YoY; excluding $0.7M costs, shows $0.6M gain.
• Q2 2026 guidance: revenue sequential increase, Adjusted EBITDA $1.6-$1.8M.
• Q3 2026 stand-alone Adjusted EBITDA potentially $2M+; post-Archenia close, $2.5M+ or $10M annualized run rate.
• Entered SPA May 8, 2026 to acquire Archenia, expecting close July 2026 subject to stockholder approval.
• Nearly 1/3 of top 100 customers (90% revenue) presented collaborative AI products; ~half purchased.