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Alliance Entertainment Holding (AENT) earnings and revenue breakdown

Latest: Q4 FY26 · 10-K filed Sep 10, 2026 · Alliance Entertainment Holding (AENT) Q4 FY26 earnings results →

Q4 FY26 Revenue up 18% year over year to $268M · 1¢ of every $1 of revenue lost · operating margin -1.5%

Alliance Entertainment Holding made $268M in Q4 FY26 (+18% Y/Y). Operating margin -1.5%, net loss $3.5M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-K filed Sep 10, 2026.

Revenue$268M
Year over year+18%
Operating margin-1.5%
Net earnings−$3.5M
Operating cash flow−$9.0M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $268.1M in Q4 FY26, up 18% year over year and up 4% from the previous quarter.

Operating costs exceeded revenue by $3.9M, an operating margin of -1.5%. Total costs grew 25% against revenue growth of 18%. The fastest-growing cost line was Other operating costs (+88%). The quarter ended with a net loss of $3.5M, after a profit of $2.3M the previous quarter.

Operating cash flow was −$9.0M. Non-cash charges added back $454K of depreciation and amortization and $188K of share-based compensation. Working capital and other items used $6.2M. Capital expenditures of $100K exceeded it, leaving free cash flow of −$9.1M.

Quarterly history

Alliance Entertainment Holding revenue by quarterAlliance Entertainment Holding revenue by quarter$394MQ2 FY25$213MQ3 FY25$228MQ4 FY25$254MQ1 FY26$369MQ2 FY26$258MQ3 FY26$268MQ4 FY26
Alliance Entertainment Holding net earnings by quarterAlliance Entertainment Holding net earnings by quarter$7.1MQ2 FY25$1.9MQ3 FY25$5.8MQ4 FY25$4.9MQ1 FY26$9.4MQ2 FY26$2.3MQ3 FY26−$3.5MQ4 FY26
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q4 FY2610-KSep 10, 2026$268M+18%-1.5%−$3.5M−$9.0M
Q3 FY2610-QMay 14, 2026$258M+21%1.3%$2.3M$21.1M
Q2 FY2610-QFeb 12, 2026$369M-6%4.7%$9.4M−$16.5M
Q1 FY2610-QNov 12, 2025$254M+11%4.2%$4.9M$2.7M
Q4 FY2510-KSep 10, 2025$228M-4%4.3%$5.8M$10.7M
Q3 FY2510-QMay 15, 2025$213M+0.9%1.7%$1.9M$2.5M
Q2 FY2510-QFeb 13, 2025$394M-8%3.8%$7.1M$25.3M

Charts

Alliance Entertainment Holding: revenue growth, year over year and quarter over quarterAlliance Entertainment Holding: revenue growth, year over year and quarter over quarterY/YQ/Q-8%Q2 FY25+1%-46%Q3 FY25-4%+7%Q4 FY25+11%+12%Q1 FY26-6%+45%Q2 FY26+21%-30%Q3 FY26+18%+4%Q4 FY26
Latest (Q4 FY26): Y/Y +18%, Q/Q +4%.
Alliance Entertainment Holding: where the cash came from (+) and went (−), FY26Alliance Entertainment Holding: where the cash came from (+) and went (−), FY26Net borrowing (+) / repaid (−)$13.9MOther financing−$10.6MOperating cash flow−$1.7MAcquisitions−$1.1MCapital spending−$1.1MCash drawn (+) / kept (−)$422KOther investing$203KExchange rates−$1K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Alliance Entertainment Holding: profit against cash, quarter by quarterAlliance Entertainment Holding: profit against cash, quarter by quarterNet incomeOperating cash flow$397K−$11.6MQ1 FY25$7.1M$25.3MQ2 FY25$1.9M$2.5MQ3 FY25$5.8M$10.7MQ4 FY25$4.9M$2.7MQ1 FY26$9.4M−$16.5MQ2 FY26$2.3M$21.1MQ3 FY26−$3.5M−$9.0MQ4 FY26
Latest (Q4 FY26): Net income −$3.5M, Operating cash flow −$9.0M.
Alliance Entertainment Holding: diluted shares by fiscal yearAlliance Entertainment Holding: diluted shares by fiscal year48MFY2248MFY2351MFY2451MFY2551MFY26
+7.5% since FY22: more shares outstanding (issuance, stock pay).

Interactive views

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💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Alliance Entertainment Holding

Alliance Entertainment is a leading global distributor and retailer of physical entertainment and collectible products, including vinyl records, CDs, DVDs, Blu-rays, video games, electronics, and licensed fan merchandise. The Company’s unique position in the entertainment ecosystem is supported by a diverse portfolio of direct-to-consumer brands, including Critics’ Choice Video, Collectors’ Choice Music, Movies Unlimited, DeepDiscount, PopMarket, Blowitoutahere, Fulfillment Express, ImportCDs, GamerCandy, and WowHD. Alliance connects top content creators, including Universal Pictures, Warner Bros.

In its own words, from its 10-K, filed Sep 10, 2026.

Alliance Entertainment Holding against its Wholesale-Durable Goods, NEC peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +18% against the peers' median +2%. Operating margin: -1.5% against the peers' median -1.5%.

CompanyQuarterRevenueY/YOp. margin
AENT Alliance Entertainment HoldingQ4 FY26$268M+18%-1.5%
CNM Core & MainQ2 FY27$2.1B+2%10.6%
BGMS Bio Green Med SolutionQ2 2026$357K—-117.1%
GNLN Greenlane HoldingsQ2 2026$82K-90%n/m

Source: Alliance Entertainment Holding 10-K on SEC EDGAR · CIK 1823584 · Wholesale-Durable Goods, NEC

13F: who owns AENT and who is buying

Largest holders of AENT (13F)Largest holders of AENT (13F)Clarity Capital Partners LLC$88.5MNorth Star Investment Management$1.4MBridgeway Capital Management, LLC$983KO'Shaughnessy Asset Management, L…$615KPerritt Capital Management$525KSummit Financial, LLC$498KRitholtz Wealth Management$383KApollon Wealth Management, LLC$216KGeode Capital Management, LLC$170KCitadel Advisors LLC$101K
Funds' net buying of AENT by quarter (13F)Funds' net buying of AENT by quarter (13F)$8K2024-09$416K2024-12$78.8M2025-03−$44.8M2025-06$1.1M2025-09$2.2M2025-12−$452K2026-03$9K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on AENT

History

Every quarter: Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results · Q2 FY25 results

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