secwatch.observer — SEC 8-K summary
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Issuer:     MNTN, Inc. (MNTN)
CIK:        0001891027
Form:       8-K
Filed at:   2026-02-10T23:59:59+00:00
Accession:  0001891027-26-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MNTN reports record Q4 revenue $87.1M (+36% YoY), net income $34.5M vs loss year ago
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- Q4 revenue (adj. for Maximum Effort divestiture) $87.1M, +36% YoY; GAAP revenue +25%.
- Q4 net income $34.5M vs net loss $4.0M in Q4 2024; Adjusted EBITDA $28.1M (32% margin).
- FY 2025 adj. revenue $284.7M (+36% YoY); gross margin 77% (+560 bps); net loss $6.4M incl. $23M IPO charge.
- Cash and equivalents $210M, no borrowings; active PTV customers grew 63% YoY to 3,632.
- Q1 2026 revenue guidance $71.3-73.3M (+22.3% adj. YoY at midpoint); FY 2026 revenue guided $345-355M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1891027/000189102726000004/0001891027-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1891027/000189102726000004/mntn-20260210.htm
  HTML page:      https://secwatch.observer/filing/0001891027-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer