secwatch.observer — SEC 8-K summary
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Issuer:     MNTN, Inc. (MNTN)
CIK:        0001891027
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001891027-26-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MNTN reports record Q1 revenue $73.7M, net income $8.8M, guides FY revenue $347-357M
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- Q1 revenue grew 25% YoY to $73.7M (adj.); GAAP revenue $73.7M (+14%); gross margin 81% vs 69%.
- Net income of $8.8M vs loss of $21.1M; Adjusted EBITDA $16.3M (+74% YoY), 22% of revenue.
- Active PTV customers (TTM) rose 46% YoY to 3,874; cash $214M with no debt.
- Q2 guidance: revenue $81-83M, Adj. EBITDA $19-22M; FY24 guidance: rev $347-357M, Adj. EBITDA $96-101M.
- Appointed Garland Hill as CRO and Peter Blacker as Head of Content from TikTok, Meta, NBCU.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1891027/000189102726000038/0001891027-26-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1891027/000189102726000038/mntn-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001891027-26-000038

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