How does Versant Media Group, Inc. Class A (VSNT) make money?

Versant Media Group, Inc. Class A (VSNT) primarily makes money through Advertising, which accounts for 65.7% of total revenue. For TTM through Q1 2026, Versant Media Group, Inc. Class A generated $6.67B in total revenue with a net profit margin of 12.7%.

What is Versant Media Group, Inc. Class A (VSNT) gross profit margin?

Versant Media Group, Inc. Class A (VSNT) reported a gross profit margin of 40.9% for TTM through Q1 2026, equivalent to $2.73B in gross profit. This means Versant Media Group, Inc. Class A retains 40.9% of each revenue unit after direct costs of production.

What is Versant Media Group, Inc. Class A (VSNT) operating profit margin?

Versant Media Group, Inc. Class A (VSNT) reported an operating profit margin of 20.1% for TTM through Q1 2026, equivalent to $1.34B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Versant Media Group, Inc. Class A (VSNT) net profit margin?

Versant Media Group, Inc. Class A (VSNT) reported a net profit margin of 12.7% for TTM through Q1 2026, equivalent to $848.00M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Versant Media Group, Inc. Class A (VSNT) spend on capital expenditures?

Versant Media Group, Inc. Class A (VSNT) spent $173.00M on capital expenditures in TTM through Q1 2026 (2.6% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Versant Media Group, Inc. Class A (VSNT) free cash flow?

Versant Media Group, Inc. Class A (VSNT) generated $1.96B in free cash flow for TTM through Q1 2026 (29.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Versant Media Group, Inc. Class A (VSNT) effective tax rate?

Versant Media Group, Inc. Class A (VSNT) had an effective tax rate of 24.6% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

What are Versant Media Group, Inc. Class A (VSNT) main revenue segments?

Versant Media Group, Inc. Class A (VSNT) reports revenue across 2 reportable product segments, led by Advertising at 65.7% of total revenue in TTM through Q1 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.

How Versant Media Group, Inc. Class A (VSNT) Makes Money: A Visual Guide

Versant Media Group, Inc. Class A (VSNT) generated $6.67B in revenue, earning $848.00M in net profit (12.7% margin). Its largest revenue source is Advertising (65.7% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

In TTM through Q1 2026, Versant Media Group, Inc. Class A (VSNT) generated revenue across 2 reportable product segments; the largest contributor was Advertising at 65.7%, followed by Platforms (34.3%).

Versant Media Group, Inc. Class A (VSNT) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026.

Versant Media Group, Inc. Class A (VSNT) Revenue by Product Segment — TTM through Q1 2026

Advertising
Revenue
$4.38B
% of total
65.7%
Platforms
Revenue
$2.29B
% of total
34.3%
Total
Revenue
$6.67B
% of total
100%

Segment	Revenue	% of total
Advertising	$4.38B	65.7%
Platforms	$2.29B	34.3%
Total	$6.67B	100%

View Versant Media Group, Inc. Class A (VSNT) revenue history

Frequently asked questions

How does Versant Media Group, Inc. Class A (VSNT) make money?: Versant Media Group, Inc. Class A (VSNT) primarily makes money through Advertising, which accounts for 65.7% of total revenue. For TTM through Q1 2026, Versant Media Group, Inc. Class A generated $6.67B in total revenue with a net profit margin of 12.7%.
What is Versant Media Group, Inc. Class A (VSNT) gross profit margin?: Versant Media Group, Inc. Class A (VSNT) reported a gross profit margin of 40.9% for TTM through Q1 2026, equivalent to $2.73B in gross profit. This means Versant Media Group, Inc. Class A retains 40.9% of each revenue unit after direct costs of production.
What is Versant Media Group, Inc. Class A (VSNT) operating profit margin?: Versant Media Group, Inc. Class A (VSNT) reported an operating profit margin of 20.1% for TTM through Q1 2026, equivalent to $1.34B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Versant Media Group, Inc. Class A (VSNT) net profit margin?: Versant Media Group, Inc. Class A (VSNT) reported a net profit margin of 12.7% for TTM through Q1 2026, equivalent to $848.00M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Versant Media Group, Inc. Class A (VSNT) spend on capital expenditures?: Versant Media Group, Inc. Class A (VSNT) spent $173.00M on capital expenditures in TTM through Q1 2026 (2.6% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Versant Media Group, Inc. Class A (VSNT) free cash flow?: Versant Media Group, Inc. Class A (VSNT) generated $1.96B in free cash flow for TTM through Q1 2026 (29.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Versant Media Group, Inc. Class A (VSNT) effective tax rate?: Versant Media Group, Inc. Class A (VSNT) had an effective tax rate of 24.6% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.
What are Versant Media Group, Inc. Class A (VSNT) main revenue segments?: Versant Media Group, Inc. Class A (VSNT) reports revenue across 2 reportable product segments, led by Advertising at 65.7% of total revenue in TTM through Q1 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
Where do segment and geographic numbers come from?: Product-segment shares come from the same TTM income statement that powers the Sankey chart. Geographic splits are first rebuilt from the four most recent quarterly geographic-segmentation filings so they align with the same TTM window; if quarterly geo data is missing, we fall back to the latest annual disclosure (the table heading shows which one is in use).
When was this data last updated?: Based on company filings through TTM through Q1 2026.