Public Policy Holding Company, Inc. filed its Form 10-Q for the quarterly period ended June 30, 2026 with the U.S. Securities and Exchange Commission, reporting revenue, net loss, and balance sheet figures for the three and six months ended on that date.

Key Highlights

  • Q2 2026 Revenue: The company reported revenue of $52,143 thousand for the three months ended June 30, 2026, compared with $48,588 thousand in the same period of 2025.
  • Six-Month Revenue: Revenue for the six months ended June 30, 2026 was $102,266 thousand, up from $87,899 thousand in the prior-year period.
  • Net Loss: The company reported a net loss of $3,734 thousand for Q2 2026 and a net loss of $15,230 thousand for the six months ended June 30, 2026.
  • Loss Per Share: Basic and diluted net loss per share was $0.19 for Q2 2026 and $0.68 for the six-month period, based on weighted average shares outstanding of 24,951,184 and 24,130,718, respectively.
  • Total Assets: Total assets were $240,756 thousand as of June 30, 2026, compared with $202,552 thousand as of December 31, 2025.
  • Cash Position: Cash and cash equivalents were $36,923 thousand at June 30, 2026, up from $20,436 thousand at December 31, 2025.
  • Shares Outstanding: As of August 7, 2026, the company had 30,216,533 shares of common stock outstanding.

Public Policy Holding Company's Financial Position and Operating Results for the First Half of 2026

According to the filing, Public Policy Holding Company, Inc. (NASDAQ:PPHC) generated revenue of $52,143 thousand in the second quarter of 2026, a year-over-year increase from $48,588 thousand. For the six-month period, revenue totaled $102,266 thousand versus $87,899 thousand in the first half of 2025. The company reported a loss from operations of $3,886 thousand for Q2 2026 and $12,070 thousand for the six months ended June 30, 2026, according to the condensed consolidated statements of operations.

The filing discloses total operating expenses of $56,029 thousand for Q2 2026, with salaries and other personnel costs representing the largest component at $38,784 thousand. Change in fair value of contingent consideration contributed $892 thousand to operating expenses in the quarter and $7,195 thousand for the six-month period. The company also recorded a gain on bargain purchase of $846 thousand in Q2 2026 and interest expense of $725 thousand for the same period.

On the balance sheet, total shareholders' equity increased to $110,943 thousand as of June 30, 2026, from $74,904 thousand as of December 31, 2025. The company completed a 2026 U.S. IPO issuance during the period, raising net proceeds of $35,949 thousand after underwriting discounts and offering expenses, according to the statements of shareholders' equity. The accumulated deficit stood at $185,653 thousand at June 30, 2026. Goodwill was reported at $57,153 thousand and other intangible assets, net, at $35,002 thousand. The company also recorded dividends of $7,041 thousand in Q2 2026, as reflected in the shareholders' equity statements.

What Was Disclosed

The filing covers unaudited condensed consolidated financial statements for the quarterly period ended June 30, 2026, including balance sheets, statements of operations, shareholders' equity, and cash flows, along with management's discussion and analysis.