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Clarivate CLVT Academia & Government Group — Adjusted EBITDA

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Other financials

Income statement

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Revenue$585.5M-1.4%
Gross profit$393.4M+1.7%
Operating income$30.2M+245%
Net income-$40.2M+61.3%
EPS (diluted)-$0.06+60.0%

Balance sheet

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Cash & equivalents$242.2M-31.6%
Total debt$4.4B-5.7%
Total equity$4.8B-4.7%
Total assets$10.9B-4.9%

Cash flow

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Operating cash flow$134.7M-21.3%
CapEx$55.8M-8.4%
Free cash flow$78.9M-28.5%

Valuation

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Market cap$1.28B-55.2%
Enterprise value$5.45B-24.2%
P/S0.5×-0.6×

Profitability

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Gross margin66.5%+0.5pp
Operating margin5%+2.9pp
Net margin-5.7%-2.5pp
FCF margin13.6%-0.4pp

Returns & leverage

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Return on equity-2.9%-1.2pp
Debt / equity0.9×0.0×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Clarivate in its filing.

Tagged under the XBRL concept clvt:AdjustedEBITDA.

The official record: Clarivate’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Clarivate's academia & government group — adjusted EBITDA?
Clarivate (CLVT) reported academia & government group — adjusted EBITDA of $126.6M in Q1 2026.
How has Clarivate's academia & government group — adjusted EBITDA changed year-over-year?
Clarivate's academia & government group — adjusted EBITDA increased by 2.3% year-over-year, from $123.8M to $126.6M.
What is the long-term trend for Clarivate's academia & government group — adjusted EBITDA?
Over 3 years (2022 to 2025), Clarivate's academia & government group — adjusted EBITDA has grown at a 4.1% compound annual growth rate (CAGR), from $485.5M to $548M.
What does academia & government group — adjusted EBITDA mean?
This metric measures the core operating profitability of the Academia & Government segment by excluding interest, taxes, depreciation, amortization, and non-recurring items. It is a critical performance indicator used to evaluate the segment's underlying cash-generating capability and operational health independent of capital structure.