---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-26-000357"
form_type: "8-K"
ticker: "DLPN"
cik: "0001282224"
company_name: "Dolphin Entertainment, Inc."
filed_at: "2026-03-25T23:59:59+00:00"
generated_at: "2026-05-15T08:58:33.710788+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dolphin Entertainment posts record Q4 and FY 2025 revenue; net loss narrows, EBITDA triples

## Summary
- Full-year 2025 revenue $56.7M (+10% YoY); Q4 revenue $15.6M (+27% YoY).
- FY 2025 net loss $3.1M vs $12.6M in 2024; Q4 net income $1.0M vs loss of $2.0M.
- FY 2025 Adjusted EBITDA $2.9M, up 209% from $0.9M; Q4 Adjusted EBITDA $1.7M vs $(0.5)M loss.
- CEO expects continued top-line growth and adjusted EBITDA margin expansion in 2026.
- Bank debt matures in ~2.5 years, saving ~$2.2M annual principal and interest; lease savings anticipated.

## SEC filing metadata
- accession: 0001079973-26-000357
- form_type: 8-K
- ticker: DLPN
- cik: 0001282224
- company_name: Dolphin Entertainment, Inc.
- filed_at: 2026-03-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282224/000107997326000357/0001079973-26-000357-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282224/000107997326000357/dlpn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-26-000357
- JSON: https://secwatch.observer/filing/0001079973-26-000357.json
- Plain text: https://secwatch.observer/filing/0001079973-26-000357.txt

## Key facts
- Earnings Releases
  Dolphin Entertainment, Inc. reported the year ended December 31, 2025 results: revenue $56.7 million, net income Net loss for full year 2025 was $3.1 million, EPS $(0.27). Guidance reaffirmed.
  - Period: the year ended December 31, 2025
  - Revenue: $56.7 million
  - Net income: Net loss for full year 2025 was $3.1 million
  - EPS: $(0.27)
  - Guidance: reaffirmed
  - Result: reported results
  source text: a turning point for Dolphin. After several years of strategic acquisitions and growth investments, we are now reaping the benefits. Full-year revenue grew approximately 10% to $56.7 million, with fourth quarter revenue up 27% year-over-year to $15.6 million. Full-year Adjusted EBITDA reached $2.9 million, up 209% from $0.9 million. Q4 was particularly strong, with
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282224/000107997326000357/0001079973-26-000357-index.htm
- Earnings Releases
  Dolphin Entertainment, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $15.6 million, net income Q4’25 Net Income of $1.0M vs. Net Loss of $2.0M in Q4 24. Guidance reaffirmed.
  - Period: the fourth quarter ended December 31, 2025
  - Revenue: $15.6 million
  - Net income: Q4’25 Net Income of $1.0M vs. Net Loss of $2.0M in Q4 24
  - Guidance: reaffirmed
  - Result: reported results
  source text: and growth investments, we are now reaping the benefits. Full-year revenue grew approximately 10% to $56.7 million, with fourth quarter revenue up 27% year-over-year to $15.6 million. Full-year Adjusted EBITDA reached $2.9 million, up 209% from $0.9 million. Q4 was particularly strong, with Adjusted EBITDA of $1.7 million compared to Adjusted EBITDA loss of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282224/000107997326000357/0001079973-26-000357-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.