ITV has unveiled “solid” if underwhelming results for the first half of 2026, with a 2% uplift across its major profit centers. Total group revenue stayed steady at £1.9 billion ($2.5 billion).
These are the first results published since it was revealed ITV are selling their media and entertainment arm to Comcast-owned Sky. Production outfit ITV Studios will be spun off as an independent listed company.
ITV’s group adjusted EBITA (Earnings Before Interest, Taxes, and Amortization) also held steady at £145 million, marginally up (by 2%) from £142 million in 2025.
That figure is still a significant drop from the £212 million reported in the first six months of 2024. At the time, ITV put this down to the Euros soccer tournament delivering a massive boost, but it doesn’t appear the World Cup has had a similar impact.
The disparity could be because of the variation in the England soccer team’s performance across the two tournaments: while they made it through to the finals of the Euros, sustaining and building interest throughout the tournament, the team were knocked out of the World Cup in the quarter finals, which led to a drop in viewing figures in the U.K.
