Filing Flows › LiveOne (LVO) › Q1 FY26
LiveOne (LVO) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 14, 2025
LiveOne (LVO) reported revenue of $19.2M for the first quarter fiscal 2026 (Q1 FY26), -42% from a year earlier and -0.4% from the quarter before. Operating margin was -21.0%, net loss $3.9M (20.1% of revenue).
LiveOne, Q1 FY26: revenue $19.2M (-42% year over year), operating margin -21.0%, net loss $3.9M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.2M | -0.4% | -42% |
| Operating profit | −$4.0M | — | — |
| Net earnings | −$3.9M | — | — |
| Operating cash flow | −$3.0M | — | — |
What changed
Revenue was $19.2M in Q1 FY26, down 42% year over year and roughly flat from the previous quarter. Advertising was the largest line at 79% of revenue. Membership Services lost $15.5M year over year (down 82%), 112% of the total change.
Operating costs exceeded revenue by $4.0M, an operating margin of -21.0%. Total costs fell 31% while revenue fell 42%. The quarter ended with a net loss of $3.9M, narrower than the previous quarter's $10.9M loss. Minority interests bore $271K of it: to shareholders the quarter was a loss of $3.6M.
Operating cash flow was −$3.0M. Non-cash charges added back $289K of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $928K. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$4.1M.
Questions
What was LiveOne's revenue in the first quarter fiscal 2026?
LiveOne (LVO) reported revenue of $19.2M for the first quarter fiscal 2026 (Q1 FY26), -42% from a year earlier and -0.4% from the quarter before.
Was LiveOne profitable in the first quarter fiscal 2026?
Operating loss was $4.0M (-21.0% of revenue) and net loss $3.9M.
Source: LiveOne 10-Q on SEC EDGAR.