Reservoir Media Q2 revenue $45.4M (+12% YoY); raises FY2026 guidance

Reservoir Media, Inc.

2025-Q2 EPS reported $0.03 revenue$82,599,344

Revenue $45.4M (+12% YoY; organic +7%); Music Publishing $30.9M (+8%), Recorded Music $13.0M (+21%).
Operating income $10.7M (+6%); Adjusted EBITDA $19.4M (+10%); Net income $2.2M ($0.03 EPS) vs $0.2M year-ago.
Raised FY2026 guidance: revenue $167-170M (mid-point +6% YoY), Adj. EBITDA $70-72M (mid-point +8% YoY).
OIBDA $18.2M (+10%); total available liquidity $152.1M as of Sep 30, 2025.
Recorded Music digital revenue up 20% YoY, synch revenue doubled (+106%).

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