ZoomInfo Reports Q2 2026 Revenue of $310.4M, Net Loss of $643.7M Due to Goodwill Impairment

ZoomInfo Technologies Inc. reported its financial results for the second quarter of 2026, revealing a revenue of $310.4 million, a slight increase of 1% from $306.7 million in the same period last year. For the first half of 2026, revenue reached $620.6 million, up from $612.4 million in the prior year. However, the company experienced a significant net loss of $643.7 million for the quarter, compared to a net income of $24.0 million in Q2 2025. This loss was primarily attributed to a goodwill impairment charge of $650.5 million, reflecting a decline in the company's stock price and changes in strategic direction.

The company's operating expenses surged to $878.8 million in the second quarter, a 332% increase from $203.5 million in the same quarter of 2025. This rise was driven by the aforementioned goodwill impairment, as well as costs associated with the 2026 Restructuring Program, which aims to reduce operating costs and improve efficiency. The restructuring program is expected to impact approximately 600 employees, or about 20% of the workforce, and is anticipated to be completed by the end of 2026.

ZoomInfo's customer base remains stable, with 1,891 customers generating annual contract values of $100,000 or more as of June 30, 2026, compared to 1,882 in the previous year. The company reported a net revenue retention rate of 89% for both Q2 2026 and Q2 2025, indicating consistent customer engagement despite macroeconomic challenges. The company also noted that 53% of its customer contracts are multi-year agreements, which provides a degree of revenue stability.

In terms of cash flow, ZoomInfo generated $202.0 million from operating activities in the first half of 2026, down from $228.1 million in the same period of 2025. The company ended the quarter with $147.6 million in cash and cash equivalents, alongside $176.0 million available under its First Lien Revolving Credit Facility. The company has indicated that it expects to maintain sufficient liquidity to meet its operational and capital needs for the foreseeable future, despite the challenges posed by the current economic environment.

Looking ahead, ZoomInfo plans to transition a portion of its subscription revenue to a hybrid pricing model that combines a lower annual platform fee with pre-purchased data credits. This shift is expected to create additional expansion opportunities as customer data consumption increases, although it may also lead to short-term revenue variability. The company remains focused on acquiring new customers and enhancing the value provided to existing clients as part of its growth strategy.