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LiveOne (LVO) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Feb 13, 2026

LiveOne (LVO) reported revenue of $20.3M for the third quarter fiscal 2026 (Q3 FY26), -31% from a year earlier and +8% from the quarter before. Operating margin was -9.6%, net loss $4.1M (20.3% of revenue).

Revenue$20.3M
Year over year-31%
Quarter over quarter+8%
Operating margin-9.6%
Net earnings−$4.1M

LiveOne, Q3 FY26: revenue $20.3M (-31% year over year), operating margin -9.6%, net loss $4.1M, operating cash flow −$2.3M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$20.3M+8%-31%
Operating profit−$2.0M——
Net earnings−$4.1M——
Operating cash flow−$2.3M—-164%

What changed

Revenue was $20.3M in Q3 FY26, down 31% year over year and up 8% from the previous quarter. Advertising was the largest line at 78% of revenue. Membership Services lost $11.4M year over year (down 80%), 124% of the total change.

Operating costs exceeded revenue by $2.0M, an operating margin of -9.6%. Total costs fell 36% while revenue fell 31%. The quarter ended with a net loss of $4.1M, narrower than the previous quarter's $5.7M loss. Minority interests bore $39K of it: to shareholders the quarter was a loss of $4.1M. Net interest and other expense of $2.1M was the main reason.

Operating cash flow was −$2.3M. Non-cash charges added back $339K of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $1.2M. Capital expenditures of $651K exceeded it, leaving free cash flow of −$2.9M.

Questions

What was LiveOne's revenue in the third quarter fiscal 2026?

LiveOne (LVO) reported revenue of $20.3M for the third quarter fiscal 2026 (Q3 FY26), -31% from a year earlier and +8% from the quarter before.

Was LiveOne profitable in the third quarter fiscal 2026?

Operating loss was $2.0M (-9.6% of revenue) and net loss $4.1M.

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Source: LiveOne 10-Q on SEC EDGAR.