Dun & Bradstreet (DNB) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached $579.8 million, up 2.7% year-over-year (3.6% in constant currency), driven by growth in both North America and International segments.

• Net loss narrowed to $15.8 million (loss per share $0.04) from $23.2 million (loss per share $0.05) in Q1 2024.

• Adjusted EBITDA increased 4.8% to $210.9 million, with margin expanding to 36.4%.

• Adjusted net income was $90.9 million ($0.21 per diluted share), up from $85.0 million ($0.20 per share) year-over-year.

• Clearlake Capital Group signed a definitive agreement to acquire the company for $9.15 per share in cash, valuing the deal at $7.7 billion including debt; closing expected in Q3 2025.

Financial highlights

• Organic revenue growth was 3.6% year-over-year (constant currency).

• Adjusted EBITDA margin improved to 36.4% from 35.7% in Q1 2024.

• Operating income rose to $35.3 million from $16.6 million year-over-year.

• Net cash provided by operating activities was $136.9 million, down from $158.9 million due to higher tax payments.

• Cash and cash equivalents at quarter-end were $241.3 million; total debt was $3.55 billion.

Outlook and guidance

• The Clearlake acquisition is expected to close in Q3 2025, subject to shareholder and regulatory approvals.

• Upon closing, the company will be delisted and operate as a private entity.

• Forward-looking guidance and earnings calls suspended pending transaction completion.