NIQ sees FY25 revenue $4.18B, consensus $4.14B

Sees FY25 adjusted EBITDA $905M-$909M. Sees FY25 free cash flow breakeven. “Our strong Q3 results beat expectations across the board – including 300 basis points of margin expansion and strong free cash flow inflection,” added Mike Burwell, CFO. “Our raised 2025 guidance calls for Q4 to be another strong quarter of durable revenue growth and significant margin expansion, and we now expect to deliver $280 million of levered free cash flow in the second half of 2025.”