---
schema_version: "secwatch.filing_event.v1"
accession: "0001891027-26-000100"
form_type: "8-K"
ticker: "MNTN"
cik: "0001891027"
company_name: "MNTN, Inc."
filed_at: "2026-11-04T21:06:36+00:00"
generated_at: "2026-11-04T21:08:40.583575+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MNTN Q3 revenue $80.3M (+15%) but Q4 guided down to $75-78M; CEO Mark Douglas replaced by Tony Weisman

## Summary
- Q3 2026 revenue $80.3M, up 15% YoY but decelerating from 21% in Q2 and 25% in Q1; gross margin 79%; net income $7.7M vs $6.4M in Q3 2025.
- Adjusted EBITDA $19.9M (25% of revenue) vs $16.0M (23%) a year ago; $252.3M cash and no borrowings at Sept 30, 2026; active PTV customers 4,373, up ~32% YoY.
- Q4 2026 outlook cut to $75-78M revenue and just $8-10M Adjusted EBITDA; FY26 revenue $311-314M (+10% ex-Maximum Effort, +8% GAAP), Adjusted EBITDA $66-68M.
- CFO Patrick Pohlen attributed the quarter to "unforeseen execution problems in our go-to-market organization" and said guidance reflects realigning the sales organization.
- CEO Mark Douglas succeeded by director Tony Weisman effective Nov 2, 2026; COO Christopher Innes also out. Douglas exits Dec 3 and Innes Dec 1 after 30 days paid leave.

## SEC filing metadata
- accession: 0001891027-26-000100
- form_type: 8-K
- ticker: MNTN
- cik: 0001891027
- company_name: MNTN, Inc.
- filed_at: 2026-11-04T21:06:36+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1891027/000189102726000100/0001891027-26-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1891027/000189102726000100/mntn-20261101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001891027-26-000100
- JSON: https://secwatch.observer/filing/0001891027-26-000100.json
- Plain text: https://secwatch.observer/filing/0001891027-26-000100.txt

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