Thinkific Q3 revenue beats estimates and guides to wider adjusted EBITDA margin
Thinkific's Q3 revenue rose 2% year on year and beat analyst forecasts, while a $3.8 mln net loss reflected restructuring costs, according to Reuters.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Canadian online learning platform Thinkific reported third-quarter revenue up 2% year on year, reaching about $19 mln against a consensus of $18.81 mln, according to Reuters, which cited LSEG and company data. Adjusted EBITDA came in at $1.8 mln versus an estimate of $1.55 mln, and gross margin was 73%.
The company swung to a net loss of $3.8 mln, which it linked to $4.1 mln in restructuring costs tied to its September reorganization. The Plus segment grew revenue 18%, while Self-Serve fell 3%, partly offsetting the overall gain.
For the fourth quarter, Thinkific expects revenue of $18.9 mln to $19.2 mln and an adjusted EBITDA margin of 20% to 25%.
why it matters
The main takeaway for the market is that operating results beat forecasts, and the loss stems from one-off reorganization charges rather than a shrinking core. Growth in Plus suggests the company is shifting its focus toward larger customers. Per Reuters, of four analysts tracked, one rates the shares buy and three hold, with a median 12-month target of C$2.46 versus a C$2.09 close on November 2.
tags
instruments
sources
- Canada's Thinkific Q3 revenue beats estimates; sees wider adjusted EBITDA margin — Reuters, 3 November 2026 at 21:32 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗