NYSE$CTEV
Claritev Corp · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Claritev reported Q4 2025 revenue of $246.6M, a net loss of $80.6M, and adjusted EBITDA of $151.3M.
Claritev posted Q4 revenue of $246.6M (+6.2% YoY) with adjusted EBITDA of $151.3M (61.4% margin) and a net loss of $80.6M, improved from a $138.0M loss a year ago. FY2025 revenue grew 3.7% to $965.4M; adjusted EBITDA rose 4.5% to $602.6M. Q4 free cash flow was $36.4M. The board approved a $75M five-year share repurchase program (capped at $20M annually). FY2026 guidance calls for revenue of $980M–$1.0B, adjusted EBITDA of $605–$615M, capex of $160–$170M, and free cash flow of $0–$10M.
- Q4 revenue $246.6M (+6.2%); adjusted EBITDA $151.3M.
- Q4 net loss $80.6M; Q4 free cash flow $36.4M.
- FY2025 revenue $965.4M; adjusted EBITDA $602.6M.
- $75M share repurchase program approved for 2026–2030.
Headline financials
Revenue & EPS history
Multiplan · Revenue · Quarterly
$247M
Forward guidance
FY2026 revenue $980M–$1.0B, adjusted EBITDA $605–$615M, capex $160–$170M, free cash flow $0–$10M, and tax rate 24–28%.
Tailwinds
- Return to positive free cash flow expected in 2026.
- Revenue growth outlook reflects durable core and expansion pipelines.
- Share repurchase authorization supports capital returns.
Headwinds
- Still reporting GAAP net losses despite EBITDA strength.
- Heavy capex ($160–$170M) limits near-term FCF.
- Low unrestricted cash ($16.8M) at quarter end.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2025
-6.5%
Avg return
Earnings day
-5.1%
Avg return
5 days after
-3.8%
Avg return
30 days after
36%
9 / 25 earnings
Positive
+20.8%
Q1 2021
Best reaction
-32.8%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -8.8% | +7.7% | -2.6% | |
| Q4 2025 | -31.8% | -42.0% | -31.4% | |
| Q3 2025 | +11.8% | -5.4% | -45.2% | |
| Q1 2025 | +4.2% | +7.5% | +95.1% | |
| Q4 2024 | -32.8% | -28.1% | -24.8% | |
| Q3 2024 | -6.5% | -3.4% | -22.6% | |
| Q2 2024 | -23.9% | -10.2% | -47.8% | |
| Q1 2024 | +10.9% | -1.5% | -36.6% | |
| Q4 2023 | -0.9% | -13.4% | -27.6% | |
| Q3 2023 | -6.5% | -9.7% | -14.3% | |
| Q2 2023 | -8.9% | -14.0% | -17.8% | |
| Q1 2023 | -5.4% | +21.0% | +97.6% | |
| Q4 2022 | -10.2% | +10.0% | +6.0% | |
| Q3 2022 | -27.8% | -18.3% | -31.1% | |
| Q2 2022 | -12.4% | -13.4% | -33.1% | |
| Q1 2022 | +1.0% | +18.4% | +27.4% | |
| Q4 2021 | -8.0% | -18.9% | -14.4% | |
| Q3 2021 | +0.2% | -11.0% | -4.3% | |
| Q2 2021 | -6.2% | -10.5% | -20.6% | |
| Q1 2021 | +20.8% | +27.0% | +45.5% | |
| Q2 2020 | +0.5% | -0.2% | +1.9% | |
| Q4 2020 | -18.6% | -20.3% | -19.7% | |
| Q3 2020 | -4.6% | +0.7% | +20.8% | |
| Q1 2020 | +0.5% | +0.7% | +2.3% | |
| Q4 2019 | +0.5% | +0.7% | +2.3% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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