Filing Flows › Reservoir Media (RSVR) › Q1 FY26
Reservoir Media (RSVR) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 5, 2025
Reservoir Media (RSVR) reported revenue of $37.2M for the first quarter fiscal 2026 (Q1 FY26), +8% from a year earlier and -10% from the quarter before. Operating margin was 14.7%, net loss $644K (1.7% of revenue).
Reservoir Media, Q1 FY26: revenue $37.2M (+8% year over year), operating margin 14.7%, net loss $644K, operating cash flow $6.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $37.2M | -10% | +8% |
| Operating profit | $5.4M | -48% | — |
| Net earnings | −$644K | -124% | — |
| Operating cash flow | $6.0M | -51% | -30% |
| Free cash flow | $6.0M | -51% | -30% |
What changed
Revenue was $37.2M in Q1 FY26, up 8% year over year and down 10% from the previous quarter. Music Publishing was the largest line at 67% of revenue. Other revenue added $1.1M year over year (up 160%), 39% of the total change.
Operating profit was $5.4M, a 14.7% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 17% reached operating profit, above the 14% margin then. Total costs grew 8% against revenue growth of 8%. The fastest-growing cost line was General & admin (+16%). The quarter ended with a net loss of $644K, after a profit of $2.7M the previous quarter. Minority interests bore $88K of it: to shareholders the quarter was a loss of $556K. Net interest and other expense of $6.4M was the main reason.
Operating cash flow was $6.0M (down 30% year over year). Non-cash charges added back $7.3M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $1.8M. Capital expenditures of $34K left free cash flow of $6.0M.
Questions
What was Reservoir Media's revenue in the first quarter fiscal 2026?
Reservoir Media (RSVR) reported revenue of $37.2M for the first quarter fiscal 2026 (Q1 FY26), +8% from a year earlier and -10% from the quarter before.
Was Reservoir Media profitable in the first quarter fiscal 2026?
Operating profit was $5.4M (14.7% of revenue) and net loss $644K.
Source: Reservoir Media 10-Q on SEC EDGAR.