Nexxen International Ltd. (NASDAQ: NEXN) raised its full-year 2026 financial guidance for the second time in 2026, increasing its Contribution ex-TAC and programmatic revenue outlook ahead of an Investor Day held June 16.

The company now expects Contribution ex-TAC in the range of $385 million to $400 million, up from a prior range of $382 million to $397 million, representing approximately 11% year-over-year growth at the midpoint. Programmatic revenue guidance was raised to $377 million to $391 million, from $374 million to $388 million, representing approximately 13% year-over-year growth at the midpoint.

Adjusted EBITDA guidance remained unchanged at $122 million to $132 million, representing approximately 10% year-over-year growth and an Adjusted EBITDA margin of 32% on a Contribution ex-TAC basis at the midpoint. The company stated the unchanged figure reflects continued investment in platform innovation and go-to-market expansion.

Chief Executive Officer Ofer Druker said the updated outlook is supported by expected second-quarter CTV revenue growth of more than 20% year-over-year and mobile revenue growth of more than 15% year-over-year.

Nexxen is headquartered in Israel and maintains offices across North America, Europe, and Asia-Pacific.