---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-26-001451"
form_type: "8-K"
ticker: "DLPN"
cik: "0001282224"
company_name: "Dolphin Entertainment, Inc."
filed_at: "2026-11-10T21:59:39+00:00"
generated_at: "2026-11-10T22:02:21.646008+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dolphin Entertainment Q3 revenue up 8.3% to record $16.0M; swings to $0.2M net income

## Summary
- Q3 revenue $16.0M, +8.3% YoY from $14.8M and a company record; nine-month revenue $43.3M, +5.4%. Excluding spun-out Always Alpha, Q3 growth was 9.7%.
- Net income $0.2M ($0.02 EPS) vs a $0.4M loss a year ago; income from operations $0.8M, up 167%. Adjusted EBITDA $1.6M, +42.9% YoY; nine-month adjusted EBITDA $1.4M, +24.2%.
- Q3 operating expenses $15.2M included ~$0.4M of litigation-related legal costs and $0.5M non-cash depreciation/amortization; cash was $8.1M at Sept 30 vs $8.8M at Dec 31, 2025.
- Expects four ventures in 2027 with the first in market in Q1 2027; Graviteur Studios' debut feature "Crush Party," directed by Kristen Brancaccio, starts production in 1H 2027.
- CEO Bill O'Dowd cites >$1M/yr savings from NY and LA leases expiring 2H 2027 and ~$2.2M/yr freed when the bank term loan matures Sept 2028, with ~$127M in NOL carryforwards.

## SEC filing metadata
- accession: 0001079973-26-001451
- form_type: 8-K
- ticker: DLPN
- cik: 0001282224
- company_name: Dolphin Entertainment, Inc.
- filed_at: 2026-11-10T21:59:39+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282224/000107997326001451/0001079973-26-001451-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282224/000107997326001451/dlpn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-26-001451
- JSON: https://secwatch.observer/filing/0001079973-26-001451.json
- Plain text: https://secwatch.observer/filing/0001079973-26-001451.txt

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