Key Highlights

  • Q2 2026 revenue rose about 11% year over year to $5,450,127.
  • Net loss narrowed to $362,447 from $853,582 a year earlier.
  • Adjusted EBITDA rose to $241,243 from $99,121.
  • First-half growth slowed from 15% in Q1 to 11% in Q2.

QuoteMedia (OTCQB:QMCI), a provider of financial data and market information services, reported double-digit revenue growth for the second quarter of 2026, alongside a narrower net loss and higher adjusted EBITDA. The results, released on August 14, suggest the company may be gaining operating leverage as sales grow faster than costs. With the shares quoted on the OTCQB venture market rather than a major exchange, the stock tends to attract a specialised audience, and company reports are one of the few consistent sources of fundamental information. For a company of this size, even small absolute changes in costs can swing quarterly profit.

Latest Company Context

For the quarter ended June 30, 2026, QuoteMedia reported revenue of $5,450,127, about 11% above the $4,929,211 recorded in the second quarter of 2025. The net loss narrowed to $362,447 from $853,582 a year earlier. Adjusted EBITDA, a non-GAAP measure, rose to $241,243 from $99,121. The release as reviewed did not disclose recurring revenue or cash balances, so those figures are not included here. Earlier in 2026, the company reported 15% revenue growth for the first quarter, indicating growth has continued across the first half, although at a somewhat slower rate in the second quarter. The first-half pattern, with 15% growth in the first quarter and 11% in the second, shows a business still expanding but not at a constant pace.

Key Business and Index Drivers

QuoteMedia supplies market data, financial content and related tools to brokerages, banks, media sites and other clients. Revenue in such businesses is typically subscription-based and can scale with relatively modest incremental costs once platforms are built, which is the usual route to improving margins. The latest figures are consistent with that pattern: revenue rose roughly 11% while the net loss fell by more than half and adjusted EBITDA increased substantially. Whether that trend persists depends on client retention, new contract wins and cost control. We did not verify the stock's membership in any major US index, and none is assumed. Details such as how many clients are on multi-year agreements, and how much revenue comes from usage-based fees versus fixed subscriptions, could help investors judge durability. Client concentration is another factor investors could consider.

What Investors Should Watch

Investors may want to follow several developments. The first is whether revenue growth stays in double digits through the second half of the year, given the slowdown from the first quarter pace. The second is whether the company can convert adjusted EBITDA improvements into GAAP profitability, since a net loss remains. The third is disclosure: more detail on recurring revenue, cash and customer concentration would help clarify the quality of earnings. Because OTCQB shares can be thinly traded, price movements may be sharp and liquidity limited, which is a consideration separate from business performance. Competition from larger data providers is a continuing factor. Management commentary on pipeline and product development, including any new data or charting tools, may also shape expectations for the second half.

Scaling Toward Profitability, One Quarter at a Time

QuoteMedia's second-quarter report points to a small company with growing sales and improving profitability, though still operating at a net loss. The trajectory is encouraging on the numbers disclosed, but it is not a forecast, and future quarters could look different. Third-quarter results will be the next test of whether operating leverage is durable. The OTCQB market also carries lighter reporting and liquidity expectations than major exchanges, so investors may wish to read filings closely.