LiveOne | 8-K: FY2026 Revenue Misses Estimate at USD 77.14 M

Revenue: As of FY2026, the actual value is USD 77.14 M, missing the estimate of USD 77.98 M.

EPS: As of FY2026, the actual value is USD -1.91, missing the estimate of USD -1.475.

EBIT: As of FY2026, the actual value is USD -17.33 M.

Revenue

• LiveOne, Inc. reported Q4 Fiscal 2026 Revenue of $18.9 million, compared to $19.3 million in the same period in the prior year, primarily due to reductions in Slacker revenues .
• Audio Division Q4 Fiscal 2026 Revenue was $18.3 million .
• Fiscal Year 2026 Revenue totaled $77.1 million .
• Audio Division Fiscal Year 2026 Revenue was $73.5 million .

Operating Income (Loss)

• Q4 Fiscal 2026 Operating Loss was - $4.9 million, an improvement from - $10.8 million in Q4 Fiscal 2025, largely due to reductions in impairment expense .
• Fiscal Year 2026 Operating Loss was - $15.5 million .
• Fiscal Year 2025 Operating Loss was - $18.1 million .

Net Income (Loss)

• Q4 Fiscal 2026 Net Loss was - $7.6 million .
• Fiscal Year 2026 Net Loss was - $21.3 million .
• Fiscal Year 2025 Net Loss was - $20.4 million .

Adjusted EBITDA

• Q4 Fiscal 2026 Adjusted EBITDA was $0.3 million, an increase of $0.8 million compared to - $0.5 million in Q4 Fiscal 2025 .
• Audio Division Q4 Fiscal 2026 Adjusted EBITDA was $2.4 million .
• Fiscal Year 2026 Adjusted EBITDA was - $0.9 million .
• Fiscal Year 2025 Adjusted EBITDA was $8.4 million .

Operating Expenses

• Total Operating Expenses for Q4 Fiscal 2026 were $23.8 million .
• Total Operating Expenses for Fiscal Year 2026 were $92.6 million .
• The company achieved a 52% year-over-year reduction in operating expenses through AI-driven efficiencies and a streamlined workforce .

Cash and Cash Equivalents

• As of March 31, 2026, cash and cash equivalents stood at $5.4 million .
• As of March 31, 2025, cash and cash equivalents were $4.1 million .

Total Assets

• Total Assets as of March 31, 2026, were $46.9 million .
• Total Assets as of March 31, 2025, were $40.5 million .

Total Liabilities

• Total Liabilities as of March 31, 2026, were $59.3 million .
• Total Liabilities as of March 31, 2025, were $48.9 million .

Contribution Margin

• Q4 Fiscal 2026 Contribution Margin was $4.9 million .
• Fiscal Year 2026 Contribution Margin was $17.3 million .

Operational Highlights

• LiveOne, Inc. streamlined its workforce from 350 to 88 employees .
• The Stock Repurchase Program was expanded by over $7 million, with approximately $5 million remaining .
• The company strengthened B2B Partnerships with industry leaders including AT&T, Vizio, Samsung, and LG, reaching over 50 million monthly members, and expects a major strategic partner this quarter .
• A robust B2B pipeline of over 100 potential opportunities across various verticals has been built .
• AI monetization initiatives were accelerated by leveraging 250,000 hours of video, over 500,000 audio assets, and more than 1 billion tokens through strategic partnerships .
• LiveOne, Inc. is positioned for continued expansion with a highly accretive acquisition expected to close this quarter, and is evaluating additional M&A opportunities .
• The company is positioned to continue eliminating over $15 million of liabilities with equity .
• An additional 906,000 shares of PodcastOne were acquired at an average price of $1.98 per share during Fiscal 2026 .

Outlook / Guidance

LiveOne, Inc. raised its guidance for Fiscal 2027, projecting revenues to increase to $85-$95+ million . The company expects Adjusted EBITDA of $8-10+ million, excluding corporate overhead . This outlook reflects strong confidence in continued growth .