Filing Flows › Reservoir Media (RSVR) › Q1 FY27 › vs Q4 FY26
Reservoir Media (RSVR) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Reservoir Media's revenue fell $6.0M (-13%) from $47.5M in Q4 FY26 to $41.5M in Q1 FY27. The biggest changes: Music Publishing −$4.4M (-14%); Recorded Music −$1.1M (-7%); Other revenue −$541K (-38%).
Reservoir Media, Q1 FY27: revenue $41.5M (+12% year over year), operating margin 13.0%, net loss $508K, operating cash flow −$1.4M. The chart draws each line against Q4 FY26, the increases inside each band.
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Music Publishing | $26.5M | $30.9M | −$4.4M | -14% |
| Recorded Music | $14.1M | $15.2M | −$1.1M | -7% |
| Other revenue | $869K | $1.4M | −$541K | -38% |
| Revenue | $41.5M | $47.5M | −$6.0M | -13% |
| Income tax benefit | $239K | −$1.6M | $1.8M | — |
| Net loss | $508K | −$4.1M | $4.6M | — |
| Costs & expenses | $42.2M | $47.5M | −$5.3M | -11% |
| Operating costs | $36.1M | $35.7M | $377K | +1% |
| Interest & other, net | $6.1M | $6.1M | −$8K | -0.1% |
| Cost of revenue | $14.8M | $16.1M | −$1.3M | -8% |
| General & admin | $13.0M | $11.5M | $1.5M | +13% |
| Other operating costs | $8.3M | $8.1M | $172K | +2% |
| Operating cash sources | $11.5M | −$2.9M | $14.4M | — |
| Depreciation & amortization | $8.3M | $8.1M | $172K | +2% |
| Share-based compensation | $1.8M | $933K | $888K | +95% |
| Cash used in operations | $1.4M | −$11.9M | $13.3M | — |
| Net loss absorbed | $508K | −$4.1M | $4.6M | — |
| Working capital & other | $11.0M | $1.2M | $9.8M | +811% |
Questions
How much did Reservoir Media's revenue grow quarter over quarter in Q1 FY27?
Reservoir Media's revenue fell $6.0M (-13%) from $47.5M in Q4 FY26 to $41.5M in Q1 FY27.
What drove Reservoir Media's revenue change in Q1 FY27?
Music Publishing −$4.4M (-14%); Recorded Music −$1.1M (-7%); Other revenue −$541K (-38%).