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ITV plc (GB:ITV)
LSE:ITV
UK Market

ITV plc (ITV) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Mar 05, 2026
Before Open (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
0.07
Last Year’s EPS
0.06
Same Quarter Last Year
Based on 3 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Mar 05, 2026|
% Change Since:
|
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
Guidance for 2026: ITV expects Studios to deliver “good” revenue growth with margin toward the lower end of its 13–15% target range and revenue/profit weighted to H2, while M&E digital revenue is expected to continue its strong trajectory; Q1 total advertising revenue (TAR) is guided to be down ~2% (better than expected) and sport — the expanded FIFA Men’s World Cup (+19 matches, +60% vs Qatar) and the new Men’s Rugby Nations Championship — should boost ad revenue from Q2. Key metrics to note: 2025 Studios revenue was up 5% to £2.13bn (external revenue +10%; UK & international +14%), Studios adjusted EBITA £297m (13.9% margin); M&E digital advertising £540m and total digital £614m (+10%), digital now 31% of total advertising, total advertising -5% with M&E adjusted EBITA margin steady at 11.8%; cost savings momentum includes £63m permanent non‑content savings in 2025 (including £32m permanent and £15m temporary in M&E, £31m in Studios) and £253m cumulative permanent savings since 2019; Zoo 55 views >47bn (+30% YoY) and is on track for £120m digital revenue by 2027; balance sheet: net debt £566m (leverage 1x), profit-to-cash conversion 65% in 2025 (3‑yr avg ~80% target); dividend maintained at 5p (final 3.3p; total ≈£190m); and linear inventory addressability is expected to rise from ~30% to ~50% by end‑2026.
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.

ITV plc (GB:ITV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

GB:ITV Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jul 23, 2026
2026 (Q2)
- / -
0.018
Mar 05, 2026
2025 (Q4)
0.07 / -
0.062
Jul 24, 2025
2025 (Q2)
0.02 / 0.02
0.033-45.45% (-0.02)
Mar 06, 2025
2024 (Q4)
- / 0.06
0.05414.81% (<+0.01)
Jul 25, 2024
2024 (Q2)
0.02 / 0.03
0.02343.48% (+0.01)
Mar 07, 2024
2023 (Q4)
0.06 / 0.05
0.071-23.94% (-0.02)
Jul 27, 2023
2023 (Q2)
0.02 / 0.02
0.06-61.67% (-0.04)
Mar 02, 2023
2022 (Q4)
0.07 / 0.07
0.096-26.04% (-0.03)
Jul 28, 2022
2022 (Q2)
0.05 / 0.06
0.0591.69% (<+0.01)
Mar 03, 2022
2021 (Q4)
0.07 / 0.10
0.0820.00% (+0.02)
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

GB:ITV Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jul 24, 2025
75.78p85.85p+13.29%
Mar 06, 2025
64.66p70.93p+9.70%
Jul 25, 2024
76.66p73.66p-3.91%
Mar 07, 2024
52.91p59.35p+12.17%
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 (GB:ITV) report earnings?
ITV plc (GB:ITV) is schdueled to report earning on Mar 05, 2026, Before Open (Confirmed).
    What is ITV plc (GB:ITV) earnings time?
    ITV plc (GB:ITV) earnings time is at Mar 05, 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 GB:ITV EPS forecast?
            GB:ITV EPS forecast for the fiscal quarter 2025 (Q4) is 0.07.