GlobeNewswire·Nov 9, 2026, 6:00 AM ET

Claritev Corporation Reports Third Quarter 2026 Results

Claritev reported Q3 2026 revenues of $268.3 million, representing a 9.1% increase compared to Q3 2025.
The company recorded a net loss of $61.8 million for the quarter, narrowing from $69.8 million in the prior year period.
Adjusted EBITDA reached $162.0 million, up 4.4% year-over-year, with an adjusted EBITDA margin of 60.4%.
Net cash provided by operating activities was $18.1 million, while free cash flow was negative $25.8 million.
The company raised its full-year 2026 revenue guidance to $1.038 billion-$1.043 billion and adjusted EBITDA guidance to $625 million-$630 million.
Management introduced a preliminary 2027 revenue expectation of $1.1 billion, stating the business is running approximately a year ahead of its March 2026 plan.
Claritev ended Q3 2026 with $10.1 million in unrestricted cash and cash equivalents on its balance sheet.
The company highlighted growth in AI integration, noting dozens of AI agents are currently operational within workflows to enhance client services.
Capital expenditures for the quarter totaled $44.4 million, contributing to the negative free cash flow position.
The company confirmed it will host a conference call on November 9, 2026, at 8:00 a.m. ET to discuss these financial results.