GAIA, INCGAIAEarnings & Financial Report
Gaia, Inc. is a publicly traded (NASDAQ:GAIA) American media company founded in 1988 by Jirka Rysavy in Louisville, Colorado. It owns and operates Gaia TV, a subscription video on-demand service consisting of original and licensed alternative media documentaries, including those on wellness, spirituality and conspiracy theories.
Revenue
$21.9M
Gross Profit
$18.5M
Operating Profit
$-2.0M
Net Profit
$-2.2M
Gross Margin
84.5%
Operating Margin
-9.1%
Net Margin
-9.9%
YoY Growth
10.2%
EPS
$-0.09
GAIA, INC Q2 FY2024 Financial Summary
GAIA, INC reported revenue of $21.9M (up 10.2% YoY) for Q2 FY2024, with a net profit of $-2.2M (down 17.4% YoY) (-9.9% margin). Cost of goods sold was $3.4M, operating expenses totaled $20.5M.
Key Financial Metrics
| Total Revenue | $21.9M |
|---|---|
| Net Profit | $-2.2M |
| Gross Margin | 84.5% |
| Operating Margin | -9.1% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
GAIA, INC Q2 FY2024 revenue of $21.9M breaks down across 2 segments, led by US at $12.4M (56.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| US | $12.4M | 56.7% |
| Non Us | $9.7M | 44.3% |
GAIA, INC Revenue by Segment — Quarterly Trend
GAIA, INC revenue by segment across the last 4 reported quarters, showing how each business line (such as US and Non Us) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| US | $16.7M | $13.9M | $14.7M | $14.2M |
| Non Us | $8.8M | $11.1M | $9.9M | $9.6M |
GAIA, INC Annual Revenue by Year
GAIA, INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $99.0M).
| Year | Annual Revenue |
|---|---|
| 2025 | $99.0M |
| 2024 | $89.3M |
| 2023 | $80.4M |
| 2022 | $82.0M |
GAIA, INC Quarterly Revenue & Net Profit History
GAIA, INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $25.5M | +5.8% | $-75.0K | -0.3% |
| Q3 FY2025 | $25.0M | +13.4% | $-1.2M | -4.6% |
| Q2 FY2025 | $24.6M | +12.7% | $-2.0M | -8.3% |
| Q1 FY2025 | $23.8M | +11.9% | $-1.2M | -5.1% |
| Q4 FY2024 | $24.1M | +16.3% | $-907.0K | -3.8% |
| Q3 FY2024 | $22.0M | +8.9% | $-1.2M | -5.4% |
| Q2 FY2024 | $21.9M | +10.2% | $-2.2M | -9.9% |
| Q1 FY2024 | $21.3M | +8.5% | $-971.0K | -4.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.3M | $21.9M | $22.0M | $24.1M | $23.8M | $24.6M | $25.0M | $25.5M |
| YoY Growth | 8.5% | 10.2% | 8.9% | 16.3% | 11.9% | 12.7% | 13.4% | 5.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $133.8M | $142.1M | $139.6M | $141.2M | $148.5M | $147.0M | $151.1M | $154.6M |
| Liabilities | $47.7M | $46.4M | $45.1M | $47.2M | $48.4M | $48.4M | $49.5M | $52.5M |
| Equity | $84.8M | $82.1M | $81.2M | $80.7M | $87.0M | $85.7M | $86.3M | $87.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $5.9M | $-2.1M | $409000 | $2.7M | $1.3M | $2.3M | $326000 | $1.8M |