Audioboom Shares Rise 3% as Record Quarter Lifts 2026 Profit Outlook

3-line summary

• Podcast publisher Audioboom, led by CEO Stuart Last, reported Q3 (ended September 30) revenue of $23.8 million, up 17% year-on-year, with gross profit up 30% to $5.6 million and adjusted EBITDA up 89% to $2.2 million, according to Investing.com. Its ad marketplace Showcase posted $9.7 million in revenue, up 20%, while average monthly downloads and video views rose 47% to 190 million.
• For the nine months to date, revenue reached $69.5 million (up 25%) and adjusted EBITDA $5.5 million (up 84%); cash stood at $6.7 million versus $2.9 million a year earlier. The company raised its full-year adjusted EBITDA guidance to at least $7.7 million, above market expectations, citing rising ad demand including US midterm election political ad spending on Showcase since September.

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