ITV plc (DE:IJ7)
FRANKFURT:IJ7
Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong strategic progress and operational execution: Studios and digital M&E growth, significant cost savings, robust cash generation and improved digital metrics (ITVX, Planet V, Zoo 55). These positives were balanced against continued pressure in linear advertising (total ad revenue down 5%), some short-term softness in the U.S. Studios business, mix-driven margin headwinds, and measured timing risk on digital revenue targets. Management highlighted tangible evidence of transformation, disciplined cost management, and promising sports-driven ad opportunities that underpin a constructive outlook.Company Guidance
Transformation of Revenue Mix
Two-thirds of total revenue now comes from ITV Studios and M&E digital, demonstrating achievement of a key strategic target and successful diversification away from linear advertising.
Studios Revenue Growth and Scale
ITV Studios total revenue rose 5% to GBP 2.13 billion, with external revenue up 10% and U.K. & international revenue up 14%, reflecting strength with global streaming partners and digital distribution.
Studios Profitability
Studios adjusted EBITA was GBP 297 million with an EBITA margin of 13.9%, while the business remains within industry-leading margin range (target 13%–15%).
Digital Revenue and Ad Growth
Digital advertising revenue grew 12% to GBP 540 million and total digital revenues increased 10% to GBP 614 million, with digital now representing 31% of total advertising revenues.
Cost Discipline and Savings
Delivered GBP 63 million of permanent noncontent savings in 2025 (GBP 253 million cumulative since 2019); M&E permanent cost savings GBP 32 million and temporary savings GBP 15 million; Studios delivered GBP 31 million in cost savings.
Balanced M&E Profitability
Despite advertising headwinds, M&E adjusted EBITA margin held steady at 11.8% due to disciplined cost management and optimized content spend (content costs down 5%; noncontent costs down 6%).
Strong Cash and Balance Sheet
Net debt ended at GBP 566 million with a leverage ratio of 1x; profit-to-cash conversion was 65% for the year and averaged ~80% over 2023–2025, supporting reinvestment and shareholder returns.
Zoo 55 and Digital Distribution Momentum
Zoo 55 generated over 47 billion global views (up >30% YoY), FAST viewing up 28% YoY, social video >24 billion views on 200+ channels, and management is on track for GBP 120 million of high-margin digital revenue from Zoo 55 by end-2027.
ITVX and Planet V Performance
ITVX achieved a 25% CAGR in streaming hours and 16% CAGR in digital advertising revenues since 2022; Planet V leverages 40 million registered users and has attracted >1,500 new advertisers since launch.
Dividend and Capital Allocation
Board proposed final dividend of 3.3p, keeping full-year ordinary dividend unchanged at 5p (total cash return ~GBP 190 million), while maintaining investment-grade balance sheet and clear capital allocation priorities.
Audience Reach and Sports Rights
ITV delivered 91% of the Top 1,000 commercial audiences in 2025 and secured exclusive commercial rights to an expanded FIFA Men's World Cup (+19 matches, +60% matches) and the new Men's Rugby Nations Championship, bolstering live reach and ad potential.
Linear Inventory Digitization Roadmap
30% of linear inventory was capable of targeted ads at year-end with a roadmap to increase capability to ~50% by end-2026, enabling more digital/programmatic buying options for advertisers.
DE:IJ7 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:IJ7 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 05, 2026 | €0.87 | €0.93 | +6.77% |
Jul 24, 2025 | €0.88 | €0.90 | +2.49% |
Mar 06, 2025 | €0.78 | €0.78 | -1.02% |
Jul 25, 2024 | €0.89 | €0.89 | +0.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does ITV plc (DE:IJ7) report earnings?
ITV plc (DE:IJ7) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).
What is ITV plc (DE:IJ7) earnings time?
ITV plc (DE:IJ7) earnings time is at Jul 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of ITV plc stock?
The P/E ratio of ITV plc is N/A.
What is DE:IJ7 EPS forecast?
Currently, no data Available