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Dolphin Entertainment (DLPN) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 27, 2026

Dolphin Entertainment (DLPN) reported revenue of $15.6M for the fourth quarter 2025 (Q4 2025), +27% from a year earlier and +6% from the quarter before. Operating margin was 9.5%, net earnings $1.0M (6.5% of revenue).

Revenue$15.6M
Year over year+27%
Quarter over quarter+6%
Operating margin9.5%
Net earnings$1.0M

Dolphin Entertainment, Q4 2025: revenue $15.6M (+27% year over year), operating margin 9.5%, net earnings $1.0M, operating cash flow $577K. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$15.6M+6%+27%
Operating profit$1.5M+381%—
Net earnings$1.0M——
Operating cash flow$577K—-32%

What changed

Revenue was $15.6M in Q4 2025, up 27% year over year and up 6% from the previous quarter. Entertainment publicity and marketing was the largest line at 99% of revenue.

Operating profit was $1.5M, a 9.5% margin (up 20.6 points year over year). Total costs grew 3% against revenue growth of 27%. The fastest-growing cost line was Cost of revenue (+13%). Net earnings were $1.0M. The effective tax rate was 2.5%.

Operating cash flow was $577K (down 32% year over year), 57% of net earnings. Non-cash charges added back $582K of depreciation and amortization and $0K of share-based compensation. Working capital and other items used $1.0M.

Questions

What was Dolphin Entertainment's revenue in the fourth quarter 2025?

Dolphin Entertainment (DLPN) reported revenue of $15.6M for the fourth quarter 2025 (Q4 2025), +27% from a year earlier and +6% from the quarter before.

Was Dolphin Entertainment profitable in the fourth quarter 2025?

Operating profit was $1.5M (9.5% of revenue) and net earnings $1.0M.

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Source: Dolphin Entertainment 10-K on SEC EDGAR.