---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-203970"
form_type: "8-K"
ticker: "GAIA"
cik: "0001089872"
company_name: "GAIA, INC"
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-14T23:49:09.372400+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Gaia Q1 revenue up 2% to $24.3M; net loss $(1.3)M; targets lower churn, higher ARPU

## Summary
- Revenue $24.3M (+2% YoY); gross margin 86%; net loss $(1.3)M ($(0.05)/share) vs $(1.0)M in Q1 2025.
- Operating cash flow $1.5M, free cash flow $1.1M – ninth consecutive quarter of positive free cash flow.
- Cash $13.1M with fully available $10M credit line.
- CEO: shifting from third-party platforms to direct membership; targeting ~20% churn reduction and 20-25% ARPU increase for Q4 2026 vs Q4 2025.
- Strategic changes expected to moderate near-term revenue growth but improve lifetime value and unit economics.

## SEC filing metadata
- accession: 0001193125-26-203970
- form_type: 8-K
- ticker: GAIA
- cik: 0001089872
- company_name: GAIA, INC
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1089872/000119312526203970/0001193125-26-203970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089872/000119312526203970/gaia-20260504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-203970
- JSON: https://secwatch.observer/filing/0001193125-26-203970.json
- Plain text: https://secwatch.observer/filing/0001193125-26-203970.txt

## Key facts
- Earnings Releases
  GAIA, INC reported first quarter ended March 31, 2026 results: revenue $24.3 million, net income $(1.3) million, EPS $(0.05) per share.
  - Period: first quarter ended March 31, 2026
  - Revenue: $24.3 million
  - Net income: $(1.3) million
  - EPS: $(0.05) per share
  - Result: reported results
  source text: company, reported financial results for the first quarter ended March 31, 2026. First Quarter 2026 Summary vs First Quarter 2025 (where applicable) • Revenue increased to $24.3 million compared to $23.8 million. • Gross profit remained flat at $20.9 million. • Generated $1.5 million in operating cash flow and $1.1 million in free cash flow. Management
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089872/000119312526203970/0001193125-26-203970-index.htm

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