earnings
confidence high
sentiment negative
materiality 0.70
ContextLogic Q2 2026: net loss $6.3M vs prior-year income; revenue flat at $33.6M
ContextLogic Holdings Inc.
- Revenue $33.6M, flat vs $33.8M; volume down 8% offset by 7.7% higher ASP.
- Net loss $6.3M vs net income $4.7M; driven by CLHI corporate costs and acquisition amortization.
- Adjusted EBITDA $10.8M, down from $14.0M; includes ~$2.5M corporate costs.
- First-half free cash flow -$21.6M vs +$7.9M; $22.6M transaction expenses for US Salt acquisition.
- US Salt acquisition closed Feb 26, 2026; results presented as Predecessor/Successor.