Bending Spoons (NASDAQ:BSP) Issues Earnings Results, Beats Expectations By $0.19 EPS

Bending Spoons (NASDAQ:BSP) released its quarterly earnings data on Thursday. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.27 by $0.19, FiscalAI reports. The business had revenue of $704.15 million for the quarter. The company’s quarterly revenue was up 126.3% compared to the same quarter last year.

Here are the key takeaways from Bending Spoons’ conference call:

• Q2 revenue rose 126% to $704 million, while adjusted operating income increased 150% to $381 million, with the margin expanding to 54%. Diluted EPS and adjusted EPS increased 163% and 167%, respectively.
• Management reiterated strong M&A momentum, completing the $759 million Tractive acquisition and agreeing to acquire Airtable for $1.29 billion. The company said its pipeline remains robust and that the Airtable deal is expected to close before year-end, although it is not included in current guidance.
• Management reported progress integrating AOL, Eventbrite, and Vimeo, including more than 70 product improvements and major technology modernizations. At Eventbrite, paid user-acquisition spending fell about 30% without harming top-of-funnel metrics, while advertising monetization improved approximately 20%.
• Organic revenue growth was 3%, with strength from WeTransfer and Tractive offset by declines at Remini and Splice. Management said AI has not materially disrupted most businesses, though it may be contributing to greater competition and customer-acquisition difficulty at Remini.
• The company’s long-term expansion depends on attracting talent, integrating acquisitions, and accessing capital, with operational capacity identified as a potential bottleneck. Interest expense increased 205% year over year amid higher debt levels, although post-quarter IPO proceeds and new financing provide funding for Airtable and additional deals.

Bending Spoons Price Performance

Shares of NASDAQ BSP traded up $0.26 during midday trading on Friday, hitting $41.18. 662,711 shares of the company’s stock were exchanged, compared to its average volume of 2,816,905. Bending Spoons has a 12-month low of $30.11 and a 12-month high of $58.94.

Key Stories Impacting Bending Spoons

Here are the key news stories impacting Bending Spoons this week:

• Positive Sentiment: Q2 results exceeded expectations. Bending Spoons reported non-GAAP EPS of $0.46, versus the $0.27 consensus estimate, while revenue reached approximately $704.2 million, beating expectations by about $21.4 million. Revenue increased 126.3% year over year. Bending Spoons Q2 earnings beat
• Positive Sentiment: Near-term operating momentum remains strong. The company forecast third-quarter revenue of $733 million to $745 million, a range broadly consistent with the $738.6 million analyst consensus, suggesting continued growth after the substantial Q2 increase. Bending Spoons announces Q2 2026 results
• Neutral Sentiment: Management’s earnings call focused investor attention on growth and acquisitions. The Q2 transcript provides additional detail on the company’s results and strategy, but the market reaction indicates that strong reported growth was not enough to offset concerns about its funding requirements and outlook. Bending Spoons Q2 2026 earnings call transcript
• Negative Sentiment: Full-year revenue guidance fell short of expectations. Bending Spoons projected FY 2026 revenue of approximately $2.8 billion, below the $2.9 billion consensus estimate. The company did not provide a meaningful EPS forecast in the reported guidance update. Bending Spoons shares slip despite Q2 earnings beat
• Negative Sentiment: Investors are concerned that rapid growth requires heavier M&A spending. Coverage highlighted a larger acquisition bill and questions about whether Bending Spoons has sufficient cash generation to support its ambitious acquisition strategy. Bending Spoons Q2 growth and M&A bill
• Negative Sentiment: Bank of America downgraded BSP to Underperform. The downgrade adds valuation and execution pressure following earlier concerns that the company may not have enough funds to finance its acquisition-led growth model. Bending Spoons rating lowered to Underperform

Analyst Upgrades and Downgrades

BSP has been the topic of several research reports. Sanford C. Bernstein reissued an “outperform” rating on shares of Bending Spoons in a research report on Friday. Wall Street Zen upgraded shares of Bending Spoons to a “hold” rating in a research note on Sunday, July 12th. Benchmark boosted their target price on shares of Bending Spoons from $45.00 to $50.00 and gave the company a “buy” rating in a report on Friday. Jefferies Financial Group set a $38.00 target price on Bending Spoons and gave the stock a “hold” rating in a research report on Sunday, July 26th. Finally, JPMorgan Chase & Co. began coverage on Bending Spoons in a report on Monday, July 27th. They issued a “neutral” rating and a $35.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $43.80.

Bending Spoons Company Profile

Bending Spoons S.p.A. is a technology company. It acquires digital businesses, implements deep transformations and ongoing optimizations to sustainably expand earnings and reinvests in additional acquisitions, thereby continuing the compounding cycle. Bending Spoons S.p.A. is based in MILAN.