Public Policy (NASDAQ:PPHC) Announces Earnings Results

09 Nov 2026, 19:40 by Amy Steele · The Cerbat Gem

Public Policy (NASDAQ:PPHC – Get Free Report) announced its earnings results on Monday. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.11 by $0.22, FiscalAI reports. Public Policy had a negative return on equity of 0.26% and a negative net margin of 18.85%. The company had revenue of $55.21 million for the quarter.

Here are the key takeaways from Public Policy’s conference call:

Third-quarter revenue rose 13.2% to $55.2 million, with organic growth accelerating to 5.1%; Adjusted EBITDA increased 11.1% to $12.8 million. Management reaffirmed full-year guidance of $213 million–$216 million in revenue and $48.5 million–$50.5 million in Adjusted EBITDA.
Adjusted EBITDA margins declined year over year, mainly due to higher corporate costs associated with the company’s U.S. public listing and central-platform investments. Adjusted diluted EPS also fell to $0.33 from $0.36, despite higher adjusted net income, because the share count increased following the Nasdaq IPO.
Growth varied by segment: government relations grew 7.5% organically in Q3 and compliance and insight services posted mid-teens growth, while corporate communications and public affairs was down 1% year to date. Management said election-related uncertainty weighed on communications activity, with post-election project demand a key variable for Q4.
The company said four 2026 acquisitions have added about $33 million in annualized net revenue at above-average pre-tax margins; Reevemark adds crisis, litigation, and financial communications capabilities. It also reported net debt of about $21 million, or 0.4 times trailing Adjusted EBITDA, and announced a new credit facility to support future acquisitions.

Public Policy Trading Down 0.9%

Shares of PPHC stock traded down $0.10 on Monday, reaching $11.07. 93,226 shares of the stock were exchanged, compared to its average volume of 136,328. The stock has a market cap of $336.48 million and a PE ratio of 100.64. Public Policy has a one year low of $7.01 and a one year high of $15.15. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.60 and a quick ratio of 1.60. The stock has a 50 day moving average price of $10.94 and a 200 day moving average price of $11.25.

Public Policy Announces Dividend

The company also recently announced a dividend, which was paid on Friday, October 23rd. Stockholders of record on Friday, September 25th were paid a $0.1170 dividend. This represents a dividend yield of 212.0%. The ex-dividend date of this dividend was Friday, September 25th. Public Policy’s dividend payout ratio (DPR) is 209.09%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Public Policy from a “sell (e)” rating to a “sell (d-)” rating in a research report on Tuesday, October 13th. Wall Street Zen raised shares of Public Policy from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $17.00.

Get Our Latest Stock Analysis on Public Policy

Institutional Trading of Public Policy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PPHC. Royce & Associates LP raised its holdings in Public Policy by 15.5% during the 3rd quarter. Royce & Associates LP now owns 1,178,670 shares of the company’s stock worth $12,034,000 after purchasing an additional 158,540 shares during the last quarter. Graham Capital Wealth Management LLC boosted its stake in shares of Public Policy by 4.7% in the 3rd quarter. Graham Capital Wealth Management LLC now owns 295,485 shares of the company’s stock valued at $3,017,000 after purchasing an additional 13,249 shares during the last quarter. Ancora Advisors LLC acquired a new stake in shares of Public Policy during the 2nd quarter worth approximately $1,869,000. State Street Corp acquired a new stake in shares of Public Policy during the 2nd quarter worth approximately $375,000. Finally, Copeland Capital Management LLC acquired a new stake in shares of Public Policy during the 3rd quarter worth approximately $83,000.

About Public Policy

(Get Free Report)

Public Policy Holding Company, Inc (NASDAQ: PPHC) is a government relations and public affairs company that provides strategic advisory services to organizations seeking to understand and influence public policy. Through its portfolio of specialized firms, the company works with corporations, trade associations, nonprofit organizations and other institutions on legislative, regulatory and reputational matters.