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Clarivate CLVT Academia & Government Group — Outside Service Expense

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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:OutsideServiceExpense.

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 — outside service expense?
Clarivate (CLVT) reported academia & government group — outside service expense of $7.3M in Q1 2026.
How has Clarivate's academia & government group — outside service expense changed year-over-year?
Clarivate's academia & government group — outside service expense decreased by 19.8% year-over-year, from $9.1M to $7.3M.
What is the long-term trend for Clarivate's academia & government group — outside service expense?
Over 3 years (2022 to 2025), Clarivate's academia & government group — outside service expense has grown at a -9.9% compound annual growth rate (CAGR), from $46.2M to $33.8M.
What does academia & government group — outside service expense mean?
This metric includes fees paid to third-party consultants, contractors, and service providers that support the operations of the Academia & Government segment. It provides insight into the segment's use of external resources to supplement internal capabilities and manage operational peaks or specialized project requirements.