Clarivate Plc Q2 2025 Earnings Recap

Clarivate delivered solid Q2 2025 results, with organic revenue growth driven by improved renewal rates and new business wins, while reinforcing its Value Creation Plan focused on AI innovation.

Key Takeaways

• Organic ACV grew 1.3% year-over-year, with significant contributions from subscription renewals and new acquisitions.
• Adjusted EBITDA margin improved by 50 basis points to 41%, reflecting successful cost efficiencies across the organization.
• Free cash flow remained robust, generating $50 million in Q2 and totaling $161 million for the first half of the year.
• A&G segment subscription revenue increased to 93% of total revenue, with a commendable 96% renewal rate achieved.
• Clarivate reaffirms its full-year 2025 outlook, underpinned by momentum in AI-led product development and strategic business optimization.