Revenue: As of FY2026 Q2, the actual value is USD 45.44 M, beating the estimate of USD 43.14 M.EPS: As of FY2026 Q2, the actual value is USD 0.03, missing the estimate of USD 0.045.EBIT: As of FY2026 Q2, the actual value is USD 17.43 M.<h3>Music Publishing Segment</h3><ul><li>Revenue: $30,874,938 for the three months ended September 30, 2025, compared to $28,595,900 for the same period in 2024. For the six months ended September 30, 2025, revenue was $55,808,404 compared to $52,596,193 in 2024.</li><li>Cost of Revenue: $13,046,596 for the three months ended September 30, 2025, compared to $11,782,422 in 2024. For the six months ended September 30, 2025, cost of revenue was $23,483,403 compared to $22,417,803 in 2024.</li><li>Administration Expenses: $6,511,710 for the three months ended September 30, 2025, compared to $5,852,950 in 2024. For the six months ended September 30, 2025, administration expenses were $13,444,530 compared to $12,434,312 in 2024.</li><li>OIBDA: $11,316,632 for the three months ended September 30, 2025, compared to $10,960,528 in 2024. For the six months ended September 30, 2025, OIBDA was $18,880,471 compared to $17,744,078 in 2024.</li></ul><h3>Recorded Music Segment</h3><ul><li>Revenue: $12,982,176 for the three months ended September 30, 2025, compared to $10,692,522 in 2024. For the six months ended September 30, 2025, revenue was $23,426,499 compared to $20,323,026 in 2024.</li><li>Cost of Revenue: $3,485,609 for the three months ended September 30, 2025, compared to $3,048,949 in 2024. For the six months ended September 30, 2025, cost of revenue was $6,241,517 compared to $5,694,684 in 2024.</li><li>Administration Expenses: $2,900,600 for the three months ended September 30, 2025, compared to $2,238,938 in 2024. For the six months ended September 30, 2025, administration expenses were $5,735,035 compared to $4,772,607 in 2024.</li><li>OIBDA: $6,595,967 for the three months ended September 30, 2025, compared to $5,404,635 in 2024. For the six months ended September 30, 2025, OIBDA was $11,449,947 compared to $9,855,735 in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: $25,304,840 for the six months ended September 30, 2025, compared to $21,871,537 in 2024.</li><li>Investing Activities: Cash used for investing activities was $50,018,497 for the six months ended September 30, 2025, compared to $10,701,686 in 2024.</li><li>Financing Activities: Cash provided by financing activities was $31,490,632 for the six months ended September 30, 2025, compared to -$8,338,077 in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to continue acquiring music catalogs and signing songwriters to exclusive agreements, aiming to increase revenue from digital and performance sources.</li><li>Non-Core Business: The company is focusing on expanding its Recorded Music segment by actively marketing and promoting newly created frontline sound recordings from current artists, although this area does not yet produce significant revenue.</li></ul>

Reservoir Media | 10-Q: FY2026 Q2 Revenue Beats Estimate at USD 45.44 M