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FreeCast (CAST) earnings and revenue breakdown

Latest: Q4 FY26 · 10-K filed Sep 28, 2026 · FreeCast (CAST) Q4 FY26 earnings results →

Q4 FY26 Revenue up 68% year over year to $360K · 796¢ of every $1 of revenue lost · operating margin -749.7%

FreeCast made $360K in Q4 FY26 (+68% Y/Y). Operating margin -749.7%, net loss $2.9M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-K filed Sep 28, 2026.

Revenue$360K
Year over year+68%
Operating margin-749.7%
Net earnings−$2.9M
Operating cash flow−$1.9M

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 $360K in Q4 FY26, up 68% year over year and up 288% from the previous quarter.

Gross margin was 99.6%, up 35.4 points from a year earlier. Operating costs exceeded revenue by $2.7M, an operating margin of -749.7%. Operating expenses fell 4% while revenue rose 68%. The fastest-growing cost line was Other operating costs (+20%). The quarter ended with a net loss of $2.9M, narrower than the previous quarter's $4.5M loss.

Operating cash flow was −$1.9M. Non-cash charges added back $4K of depreciation. Working capital and other items added $914K. Capital expenditures of $7K exceeded it, leaving free cash flow of −$2.0M.

Quarterly history

FreeCast revenue by quarterFreeCast revenue by quarter$62KQ2 FY26$93KQ3 FY26$360KQ4 FY26
FreeCast net earnings by quarterFreeCast net earnings by quarter−$2.8MQ2 FY26−$4.5MQ3 FY26−$2.9MQ4 FY26
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q4 FY2610-KSep 28, 2026$360K+68%-749.7%−$2.9M−$1.9M
Q3 FY2610-QMay 15, 2026$93K-35%n/m−$4.5M−$2.9M
Q2 FY2610-QMar 30, 2026$62K-59%n/m−$2.8M—

Charts

FreeCast: revenue growth, year over year and quarter over quarterFreeCast: revenue growth, year over year and quarter over quarterY/YQ/Q-59%Q2 FY26-35%+50%Q3 FY26+68%+288%Q4 FY26
Latest (Q4 FY26): Y/Y +68%, Q/Q +288%.
FreeCast: where the cash came from (+) and went (−), FY26FreeCast: where the cash came from (+) and went (−), FY26Operating cash flow−$10.0MCash drawn (+) / kept (−)−$8.4MShares issued$8.3MNet borrowing (+) / repaid (−)$7.4MOther financing$2.7MCapital spending−$23K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
FreeCast: profit against cash, quarter by quarterFreeCast: profit against cash, quarter by quarterNet incomeOperating cash flow−$3.6MQ1 FY25−$3.9MQ2 FY25−$3.4M−$3.3MQ3 FY25−$3.2M−$2.4MQ4 FY25−$2.9MQ1 FY26−$2.8MQ2 FY26−$4.5M−$2.9MQ3 FY26−$2.9M−$1.9MQ4 FY26
Latest (Q4 FY26): Net income −$2.9M, Operating cash flow −$1.9M.
FreeCast: diluted shares by fiscal yearFreeCast: diluted shares by fiscal year28MFY2439MFY2540MFY26
+40.2% since FY24: more shares outstanding (issuance, stock pay).
FreeCast in its industry: growth against margin (65 companies, SIC 7374)FreeCast in its industry: growth against margin (65 companies, SIC 7374)revenue growth, year over year →↑ operating marginmedian +9%median -8%ADPDXCWDAYTOSTRDDTVRSKRNGPLTKCLVTFAPEGAAPLDFIVNTASKEVTCCARGNRDSHNGELFTORAMPGDRXLZEGHTUPWKCARSIBEXSSTKLIFYEXTTCXINODOOMAHAWKGLOOBRUNFIRYVERIBIRDINFQNXTTQMLSTRAKMOVEQBTSSHAZDTCXSDCHONFOBHICKWIKSEQCPHUNWORXONEIDTSTHTCRPWDYPVITMYX Inc.NTCSSTWIRADCCRCWHNITCAST (+68%, -100%)
Services-Computer Processing & Data Preparation; dot size is quarterly revenue; dashed lines are the industry's medians.

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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Customers and suppliers named in filings

Sells to

About FreeCast

In this Annual Report, unless otherwise stated or the context otherwise requires, references to “FreeCast,” “Company,” “we,” “us” and “our” or similar references mean FreeCast, Inc. FreeCast provides a white-label Platform-as-a-Service that enables companies with existing customers to offer their own branded entertainment and media hub. The platform brings together free and paid streaming, television (TV) and related services while allowing partners to maintain their brand and direct customer relationship. We currently earn revenue mainly from advertising, FAST services and subscriptions; our model is designed to add licensing, pay-per-view, connectivity and e-commerce revenue rather than depending primarily on owning expensive content and selling another consumer streaming subscription.

In its own words, from its 10-K, filed Sep 28, 2026.

FreeCast against its Services-Computer Processing & Data Preparation peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +68% against the peers' median +6%. Operating margin: -749.7% against the peers' median 11.8%.

CompanyQuarterRevenueY/YOp. margin
CAST FreeCastQ4 FY26$360K+68%-749.7%
ADP Automatic Data ProcessingQ1 FY27$5.5B+6%23.9%
DXC DXC TechnologyQ2 FY27$3.0B-4%6.2%
WDAY WorkdayQ2 FY27$2.6B+13%11.8%
TOST ToastQ3 2026$2.0B+21%8.3%
RDDT RedditQ3 2026$895M+53%29.2%
VRSK Verisk AnalyticsQ3 2026$809M+5%45.2%
RNG RingCentralQ3 2026$676M+6%8.0%
PLTK Playtika HoldingQ3 2026$674M-0.1%17.2%

Source: FreeCast 10-K on SEC EDGAR · CIK 1633369 · Services-Computer Processing & Data Preparation

13F: who owns CAST and who is buying

Largest holders of CAST (13F)Largest holders of CAST (13F)Vanguard Capital Management LLC$5.5MBlackRock$2.5MAdvisory Services Network, LLC$1.1MGeode Capital Management, LLC$1.1MNorthwestern Mutual Wealth Manage…$793KSterling Investment Advisors$606KGlobal Retirement Partners, LLC$470KVanguard Fiduciary Trust$465KSusquehanna International Group, …$434KState Street$326K
Funds' net buying of CAST by quarter (13F)Funds' net buying of CAST by quarter (13F)$2.4M2026-03$12.0M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on CAST

History

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

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