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TechTarget Inc 2026年季度报告

2026-05-07 美股财报 顾小桶🙊
报告封面

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR Commission File Number: 001-42428 TECHTARGET, INC.(Exact name of registrant as specified in its charter) Registrant’s telephone number, including area code: (617) 431-9200 Former name, former address and formal fiscal year, if changed since last report:Not applicable Securities registered pursuant to Section 12(b) of the Act. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days.Yes☒No☐Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files).Yes☒No☐Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Accelerated filer☒Smaller reporting company☐ Large accelerated filer☐Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒As of May 4, 2026, the registrant had 72,299,443 shares of common stock, $0.001 par value per share, outstanding. TABLE OF CONTENTS PART IFINANCIAL INFORMATIONItem 1.Financial Statements4Unaudited Condensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 20254Unaudited Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) forthe three months ended March 31, 2026 and 20255Unaudited Condensed Consolidated Statements of Stockholders' Equity for the three months ended March31, 2026 and 20256Unaudited Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026and 20257Unaudited Notes to Condensed Consolidated Financial Statements8Item 2.Management's Discussion and Analysis of Financial Condition and Result of Operations22Item 3.Quantitative and Qualitative Disclosures About Market Risk36Item 4.Controls and Procedures37 PART IIOTHER INFORMATIONItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 5.Other InformationItem 6.ExhibitsSignatures PART I. FINANCIAL INFORMATION Item 1. Financial Statements TechTarget, Inc.Unaudited Condensed Consolidated Balance Sheets(in thousands, except share and per share data) Operating Activities:Net loss TechTarget, Inc.Notes to Unaudited Condensed Consolidated Financial Statements(In thousands, except share and per share data, where otherwise noted or instances where expressed in millions) 1. Business Overview and Basis of Presentation Nature of business TechTarget, Inc. (“Informa TechTarget” or the “Company”) together with its subsidiaries, is a leading business-to-business(“B2B”) growth accelerator, informing and influencing technology buyers and sellers globally. The Transactions On January 10, 2024, Informa entered into a definitive agreement (the “Transaction Agreement”) to combine InformaIntrepid Holdings Inc. (“Informa Tech Digital Business” or “Accounting Predecessor”), a carved-out business wholly-owned byInforma, with former TechTarget, Inc. (“Former TechTarget”) under CombineCo. In accordance with the Transaction Agreement,Informa contributed the Informa Tech Digital Business along with $350 million in cash (the “Contribution”), in exchange for anaggregate of 41,651,366 shares of CombineCo common stock (the “Transaction”). Prior to the closing of the Transaction, Informaundertook certain restructuring transactions to separate the Informa Tech Digital Business. As of the closing date of theTransaction, the Informa Tech Digital Businesses was held directly or indirectly by Informa Intrepid Holdings Inc. (“InformaIntrepid”), a wholly owned subsidiary of Informa. The Transaction closed on December 2, 2024. Additionally, CombineCo paideach Former TechTarget shareholder as consideration for one common share of Former TechTarget (i) one share of CombineCocommon stock and (ii) cash consideration of approximately $11.70 per share of Former TechTarget common stock (the “Merger”and, together with the Transaction, the “Transactions”). The Merger closed on December 2, 2024 (the “Acquisition Date”), withInforma then holding a 58% in