Reservoir Media Q1 FY2026 revenue up 8% to $37.2M; adjusted EBITDA +10%

Reservoir Media, Inc.

2025-Q1 EPS reported -$0.01 revenue$37,164,293

Revenue $37.2M (+8% YoY); Music Publishing +4% to $24.9M, Recorded Music +8% to $10.4M.
OIBDA $12.8M (+12%); adjusted EBITDA $13.9M (+10%); operating income $5.4M (+10%).
Net loss ($0.6M) or ($0.01) per share vs ($0.5M) in prior year; higher interest expense offset gains.
FY2026 guidance reaffirmed: revenue $164M-$169M, adjusted EBITDA $68M-$72M.
Investment in Lightroom and acquisition of Fool's Gold Records catalog rights.

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