Gushcloud International vs IZEA Worldwide

10-Q Financial Filing Analysis for IZEA Worldwide (2026-08-11)

For the second quarter ended June 30, 2026, IZEA Worldwide reported consolidated revenue of $5.81 million, marking a 36.4% year-over-year decline from $9.13 million in Q2 2025. The contraction was primarily driven by the company's deliberate commercial pivot away from small and mid-sized businesses (SMBs) toward larger enterprise clients, coupled with macroeconomic enterprise budget softness and project timing delays. For the six-month period, revenue fell 27.6% to $12.38 million. Operating loss for Q2 2026 widened to $(1.07) million compared to an operating income of $0.74 million in Q2 2025, while net loss reached $(0.68) million versus net income of $1.21 million in the prior-year period. Despite top-line pressures, IZEA maintains a solid balance sheet with $46.60 million in cash and cash equivalents, no long-term funded debt, and continues to invest in its core AI-enabled technology platform, ZED.

• Q2 2026 revenue decreased 36.4% year-over-year to $5.81 million, bringing H1 2026 revenue to $12.38 million compared to $17.10 million in H1 2025.
• The company posted a Q2 2026 net loss of $(0.68) million ($(0.04) per share) and an Adjusted EBITDA loss of $(0.43) million, down from net income of $1.21 million and Adjusted EBITDA of $1.33 million in Q2 2025.
• Cash and cash equivalents stood at $46.60 million as of June 30, 2026, with $8.17 million remaining under the authorized $10.0 million share repurchase program.