Post by Verve

Just in: Verve’s Q1 2026 results. We’re kicking off the year strong, hitting €137.2 million in revenue. Year over year, that’s 3.7% revenue growth (like-for-like). A few more highlights below ⤵️ We continued to execute on our long-term strategic priorities in Q1 2026. During the quarter, we delivered: → €137.2 million revenue → 6.4% organic revenue growth → Gross margin expansion to 41% (+2.7pp) → Strong operating cash flow growth to €45.2 million → 33.7% customer growth YoY, with 4000+ total customers → 98% customer retention rate in Q1 2026 “Our strong momentum is set to continue, underpinned by enhanced margins, AI-driven efficiencies, and the initial yields from our strategic investment cycle. We are doubling down on our strengths to drive further growth. By refining our solutions for Retail Media CPG and retail partners, we expect a substantial lift of revenues from these activities. We are establishing an unprecedented link between mobile advertising and the retail sector," said Remco Westermann, CEO of Verve Group. At the same time, we continued investing into the future of the business - expanding our Retail Media capabilities, strengthening our global commercial organization, and further increasing AI-driven efficiencies across our platform. These investments are intended to further strengthen our position in a rapidly evolving advertising ecosystem and support long-term sustainable growth. Full results linked below!