---
title: "Reservoir Media | 8-K: FY2026 Revenue Beats Estimate at USD 175.66 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287914671.md"
datetime: "2026-05-28T12:05:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287914671.md)
  - [en](https://longbridge.com/en/news/287914671.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287914671.md)
generator: "portal-rs"
---

# Reservoir Media | 8-K: FY2026 Revenue Beats Estimate at USD 175.66 M

Revenue: As of FY2026, the actual value is USD 175.66 M, beating the estimate of USD 172.63 M.

EPS: As of FY2026, the actual value is USD 0.13, beating the estimate of USD 0.1.

EBIT: As of FY2026, the actual value is USD 37.61 M.

#### Fiscal Year 2026 Highlights

##### Operational Metrics

-   Operating Income for fiscal year 2026 was $38.2 million, an increase of 9% year-over-year compared to $35.1 million in fiscal year 2025.
-   OIBDA for fiscal year 2026 increased 12% to $69.0 million, compared to $61.4 million in the prior year.
-   Net Income for fiscal year 2026 was $7.8 million, a 1% increase compared to $7.7 million in fiscal year 2025.
-   Adjusted EBITDA for fiscal year 2026 increased 12% to $73.6 million, compared to $65.7 million last year.

##### Cash Flow

-   Cash provided by operating activities during fiscal year 2026 was $50.1 million, an increase of $4.9 million compared to the same period last fiscal year.

##### Liquidity and Debt

-   As of March 31, 2026, Reservoir Media, Inc. had cash and cash equivalents of $25.9 million.
-   Reservoir Media, Inc. had $91.2 million available for borrowing under its revolving credit facility, totaling $117.1 million in available liquidity as of March 31, 2026.
-   Total debt was $455.7 million (net of $3.1 million of deferred financing costs), and Net Debt was $429.8 million as of March 31, 2026.

#### Fourth Quarter 2026 Highlights

##### Operational Metrics

-   Operating Income for the fourth quarter of fiscal 2026 was $11.8 million, a 13% increase compared to $10.4 million in the fourth quarter of fiscal 2025.
-   OIBDA for the fourth quarter of fiscal 2026 increased 16% to $19.9 million, compared to $17.2 million in the prior year quarter.
-   Net Income for the fourth quarter of fiscal 2026 was $4.1 million, a 49% increase compared to $2.7 million in the year-ago quarter.
-   Adjusted EBITDA for the fourth quarter of fiscal 2026 was $21.2 million, up 16% compared to $18.2 million last year.

#### Segment Review (Fiscal Year 2026)

##### Music Publishing Segment

-   Music Publishing OIBDA increased 9% to $40.9 million in fiscal 2026, compared to $37.3 million in fiscal 2025.
-   Music Publishing OIBDA margin in fiscal 2026 was unchanged at 35%.

##### Recorded Music Segment

-   Recorded Music OIBDA increased 18% to $26.9 million in fiscal 2026, compared to $22.7 million in fiscal 2025.
-   Recorded Music OIBDA margin in fiscal 2026 increased from 51% to 52%.

#### Segment Review (Fourth Quarter 2026)

##### Music Publishing Segment

-   Music Publishing OIBDA increased 5% to $11.0 million in the fourth quarter of fiscal 2026, compared to $10.5 million in the fourth quarter of fiscal 2025.
-   Music Publishing OIBDA margin in the fourth quarter decreased from 37% to 36%.

##### Recorded Music Segment

-   Recorded Music OIBDA increased 34% to $8.7 million in the fourth quarter of fiscal 2026, compared to $6.5 million in the year-ago period.
-   Recorded Music OIBDA margin in the fourth quarter increased from 54% to 57%.

#### Fiscal Year 2027 Outlook

Reservoir Media, Inc. initiated financial guidance for fiscal year 2027, projecting Revenue to range from $186 million to $191 million, representing 7% growth at the midpoint. Adjusted EBITDA is forecast to be between $75 million and $79 million, indicating 5% growth at the midpoint.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**