springbig revenue drops 24% to $4.43 million in Q2 FY26; net loss widens to $2.35 million

• springbig posted Q2 revenue of $4.43 million, down 24% year over year; net loss widened to $2.35 million.
• Adjusted EBITDA (non-GAAP) slipped to $161,000; net revenue retention fell 12 percentage points to 66%.
• Retail clients declined to 706; messages sent dropped to 138 million, down from 151 million a year earlier.
• Subsequent to quarter-end, it transferred all equity interests in SpringBig, Inc. to LS Round II, LLC in a July 13 reorganization.
• Deal released it from about $12.5 million of Notes obligations, delivered about $172,000 cash, and left it pursuing a strategic business combination.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. springbig Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-091690), on August 19, 2026, and is solely responsible for the information contained therein.