Public Policy Holding Co., Inc. (GB:PPHC)
LSE:PPHC
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Earnings Data
Report Date
Sep 17, 2026Before Open (Not Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.22Last Year’s EPS
0.45Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational and financial picture: strong top-line growth (27.5% YoY), record adjusted EBITDA, doubled adjusted net income and sizeable improvement in net debt and balance sheet strength driven by IPO proceeds. Segment performance — especially compliance and government relations — showed healthy organic growth and attractive margins. Management reiterated a disciplined M&A strategy, a robust pipeline, reduced client concentration, and employee ownership that support long-term growth. Offsetting factors include a Q1 GAAP loss driven by large noncash share-based compensation, negative Q1 free cash flow due to bonuses and a $13M accounts receivable build (partly temporary), higher public company costs that depress near-term margins (FY2026 guidance 22%–23%), and some dilution from the IPO. On balance, operational momentum and the materially improved balance sheet and profitability on an adjusted basis outweigh the near-term cash and GAAP accounting headwinds.Company Guidance
Material Balance Sheet Improvement
Cash of $43 million and total debt of $45 million produced a near-zero net debt (~$1.8–$2.0 million), a significant improvement from ~$44.6 million net debt a year ago; IPO proceeds and customary debt repayments drove the improvement.
Segment-Level Strength — Compliance & Insights
Compliance and insights delivered strong organic growth of 11% with reported margins around 50%, highlighting robust performance in that segment.
Government Relations and CC&PA Momentum
Government relations (57% of revenue) showed healthy performance (organic ~5%; reported growth ~8% including acquisitions) with segment margins rising to ~45%. Corporate communications & public affairs grew ~3% (tough prior-year comp) and segment margin expanded from ~22% to ~26%.
Disciplined M&A and Acqui-hire Execution
Closed acquisition of WPI Strategy (UK) on April 1 and executed targeted acqui-hires (e.g., Lee Cowan & Nicholas Evans; small Cohen hire May 1). Management reiterated a selective M&A pipeline focused on $10M–$30M revenue targets and expects continued accretive deals.
Operating and Structural Highlights
Top 10 clients now represent 8% of revenue (down from 9% a year ago) and no single client exceeds 2% of revenue; roughly 200 of 450 employees have equity, supporting retention/succession; company was added to Russell 2000/3000 indices and Nasdaq listing expands shareholder base.
Guidance and Long-Term Targets
Company reiterated expected average organic growth of ~5% and issued FY2026 guidance of $205M–$209M revenue (if no further acquisitions) and adjusted EBITDA guidance of $46M–$48M (22%–23% margin) while noting long-term target margin of ~25%.
Strong Revenue Growth
Total revenue grew 27.5% year-over-year to $50.1 million in Q1 FY2026, with organic revenue growth of 5.1% (up from 4.7% in prior-year Q1).
Record Adjusted EBITDA and Margin Progress
Adjusted EBITDA reached a Q1 record of $11.2 million, up ~29.7% year-over-year, with an adjusted EBITDA margin of ~22.3% (management anticipates FY2026 margin of 22%-23%).
Improved Adjusted Net Income and EPS
Adjusted net income nearly doubled from $3.7 million to $7.4 million year-over-year. Adjusted fully diluted EPS was $0.25, up 75% versus the prior year despite a ~15% increase in shares outstanding from the Nasdaq IPO.
Public Policy Holding Co., Inc. (GB:PPHC) Earnings, Revenues Date & History
GB:PPHC 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
GB:PPHC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | 975.00 p | 917.50 p | -5.90% |
Mar 23, 2026 | 932.68 p | 917.95 p | -1.58% |
Sep 10, 2025 | 846.24 p | 887.58 p | +4.89% |
Mar 12, 2025 | 639.14 p | 643.87 p | +0.74% |
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 Public Policy Holding Co., Inc. (GB:PPHC) report earnings?
Public Policy Holding Co., Inc. (GB:PPHC) is schdueled to report earning on Sep 17, 2026, Before Open (Not Confirmed).
What is Public Policy Holding Co., Inc. (GB:PPHC) earnings time?
Public Policy Holding Co., Inc. (GB:PPHC) earnings time is at Sep 17, 2026, Before Open (Not 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 Public Policy Holding Co., Inc. stock?
The P/E ratio of Public Policy Holding Co., Inc. is N/A.
What is GB:PPHC EPS forecast?
GB:PPHC EPS forecast for the fiscal quarter 2026 (Q2) is 0.22.