Bending Spoons Shares Drop 6.9% as 2026 Revenue Outlook Misses Street Despite Q2 Beat
Updated
Updated · Yahoo Finance · Aug 16
Bending Spoons Shares Drop 6.9% as 2026 Revenue Outlook Misses Street Despite Q2 Beat
1 articles · Updated · Yahoo Finance · Aug 16
Summary
Bending Spoons shares fell as much as 6.9% in premarket trading after the newly public company forecast 2026 revenue of $2.78 billion to $2.82 billion, below Wall Street’s $2.895 billion average.
Q2 results themselves were strong: revenue jumped 126% to $704 million versus $685 million expected, while adjusted EPS of $0.46 beat the $0.27 consensus and operating income rose 139% to $240 million.
Investors focused on the quality of that growth because organic revenue increased only 3%, with most of the headline surge coming from acquired businesses including AOL, Eventbrite, Harvest, MileIQ, Tractive and Vimeo.
That acquisition-driven model has involved about €6 billion across 15 deals since early 2023; Bending Spoons still had $793 million in cash and $1.28 billion in borrowing capacity, though first-half interest expense climbed 205% to €109 million.