Reservoir Media Q3 FY26 revenue $45.6M (+8% YoY); raises FY26 guidance

Reservoir Media, Inc.

2026-Q3 EPS reported $0.06 revenue$128,167,223

Revenue $45.6M (+8% YoY); Music Publishing up 12% to $30.1M, Recorded Music up 8% to $12.9M.
Net income $2.2M ($0.03/shr) vs $5.3M ($0.08/shr) prior year; decline from swap losses and higher interest.
Adjusted EBITDA $19.2M (+11% YoY); FY26 guidance raised: revenue $170M-$173M, adj EBITDA $71.5M-$73.5M.
Entered joint venture with Abood Music and acquired catalog of Bertie Higgins; extended deal with DIVINE.
Total liquidity $114.8M ($20.6M cash + $94.2M revolver); net debt $431.7M.

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