Filing Flows › Reservoir Media (RSVR) › Q4 FY26
Reservoir Media (RSVR) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed May 28, 2026
Reservoir Media (RSVR) reported revenue of $47.5M for the fourth quarter fiscal 2026 (Q4 FY26), +15% from a year earlier and +4% from the quarter before. Operating margin was 24.8%, net earnings $4.4M (9.3% of revenue).
Reservoir Media, Q4 FY26: revenue $47.5M (+15% year over year), operating margin 24.8%, net earnings $4.4M, operating cash flow $11.9M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $47.5M | +4% | +15% |
| Operating profit | $11.8M | +14% | +13% |
| Net earnings | $4.4M | +101% | +65% |
| Operating cash flow | $11.9M | -8% | -2% |
| Free cash flow | $11.7M | -8% | -4% |
What changed
Revenue was $47.5M in Q4 FY26, up 15% year over year and up 4% from the previous quarter. Music Publishing was the largest line at 65% of revenue.
Operating profit was $11.8M, a 24.8% margin (down 0.4 points year over year). Of the extra revenue versus Q4 FY25, 22% reached operating profit, below the 25% margin then. Total costs grew 15% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+20%). Net earnings were $4.4M, up 65% year over year ($4.1M including minority interests, which bore $341K of losses). The effective tax rate was 27.9%.
Operating cash flow was $11.9M (down 2% year over year), 293% of net income including minority interests. Non-cash charges added back $8.1M of depreciation and amortization and $933K of share-based compensation. Working capital and other items used $1.2M. Capital expenditures of $194K left free cash flow of $11.7M.
Questions
What was Reservoir Media's revenue in the fourth quarter fiscal 2026?
Reservoir Media (RSVR) reported revenue of $47.5M for the fourth quarter fiscal 2026 (Q4 FY26), +15% from a year earlier and +4% from the quarter before.
Was Reservoir Media profitable in the fourth quarter fiscal 2026?
Operating profit was $11.8M (24.8% of revenue) and net earnings $4.4M.
Source: Reservoir Media 10-K on SEC EDGAR.