Rescheduled Discussion of Financial Results for Quarter 1 in 2026 by Reservoir Media, Inc. (RSVR)
Reservoir Media Reports Q1 Fiscal 2026 Earnings: Steady Growth and Improving Profitability
Reservoir Media Inc. (RSVR) has released its Q1 fiscal 2026 earnings, showcasing a 8% year-over-year increase in total revenue to approximately $37.2 million. The growth was driven by a 4% rise in Music Publishing revenue, reaching about $24.9 million, and an 8% growth in Recorded Music revenue, amounting to around $10.4 million.
Despite the revenue growth, the company reported a net loss of approximately $0.6 million ($0.01 per share), widening slightly compared to previous periods, partly due to rising interest expenses. However, operational metrics improved significantly, with Operating income rising 10% to $5.4 million, and Adjusted EBITDA increasing 10% to $13.9 million, reflecting improved profitability margins.
The revenue growth was supported by strategic investments, including the acquisition of Fool's Gold Records and extended publishing deals with high-profile artists such as Joni Mitchell.
Music Publishing revenue growth was partially fueled by a 48% increase in synchronization revenue and a 42% rise in other revenue sources, such as stage rights. On the other hand, Recorded Music revenue saw a 23% increase in digital revenue due to expanded streaming services and catalog acquisitions, but faced declines in synchronization revenue (-57%) and physical sales (-21%).
CEO Golnar Khosrowshahi emphasized a $1 billion acquisition pipeline and strategic focus on value-accretive acquisitions and immersive entertainment investments to drive future growth. Despite meeting some targets, the company’s earnings missed analyst expectations slightly, contributing to a modest stock decline post-earnings.
Financial guidance for FY2026 remains unchanged, with management maintaining a revenue outlook of $164 million to $169 million and Adjusted EBITDA between $68 million and $72 million, indicating confidence in continued growth supported by both organic expansion and acquisitions.
The conference call for Reservoir Media's Q1 2026 earnings is scheduled for August 5, 2025 at 10:00 AM ET and will be simultaneously webcast. The recorded conference call will be archived on the Investor Relations section of Reservoir Media's website.
For more detailed information, the earnings press release can be accessed from the Investor Relations section of Reservoir Media's website. The discussion during the call will contain forward-looking statements, and there can be no assurance that expectations, beliefs, and projections will result or be achieved.
[1] Reservoir Media Inc. (RSVR) Q1 Fiscal 2026 Earnings Press Release. [2] Transcript of Reservoir Media Inc.'s (RSVR) Q1 2026 Earnings Conference Call. [3] Analysis of Reservoir Media Inc.'s (RSVR) Q1 2026 Earnings Results. [4] Financial Highlights of Reservoir Media Inc.'s (RSVR) Q1 2026 Earnings.
[1] Reservoir Media's Q1 Fiscal 2026 earnings, a display of steady growth and improving profitability, are attributed to strategic investments in business areas like the acquisition of Fool's Gold Records and extending publishing deals with high-profile artists.
[3] The financial success of Reservoir Media is driven by investing in value-accretive acquisitions and immersive entertainment, as stated by CEO Golnar Khosrowshahi, who also highlighted a $1 billion acquisition pipeline.
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