Reservoir Media, Inc.RSVREarnings & Financial Report
Reservoir Media, Inc. is a leading global independent music rights management company. It owns and administers extensive catalogs of recorded music, music publishing copyrights, and neighboring rights, partnering with top songwriters, performing artists, and producers across genres including pop, hip-hop, rock, and film soundtracks. It licenses its content for use across streaming platforms, advertising, film and television productions, live events, and other commercial channels, with operations spanning North America, Europe, and Asia Pacific markets.
Revenue
$41.4M
Gross Profit
$27.2M
Operating Profit
$10.4M
Net Profit
$2.7M
Gross Margin
65.6%
Operating Margin
25.2%
Net Margin
6.4%
YoY Growth
5.8%
Reservoir Media, Inc. Q4 FY2025 Financial Summary
Reservoir Media, Inc. reported revenue of $41.4M (up 5.8% YoY) for Q4 FY2025, with a net profit of $2.7M (down 4.6% YoY) (6.4% margin). Cost of goods sold was $14.2M, operating expenses totaled $16.7M.
Key Financial Metrics
| Total Revenue | $41.4M |
|---|---|
| Net Profit | $2.7M |
| Gross Margin | 65.6% |
| Operating Margin | 25.2% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Reservoir Media, Inc. Q4 FY2025 revenue of $41.4M breaks down across 4 segments, led by Music Publishing Segment at $27.9M (67.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Music Publishing Segment | $27.9M | 67.4% |
| Performance | $6.5M | 15.7% |
| Synchronization | $5.5M | 13.2% |
| Physical | $1.3M | 3.2% |
Reservoir Media, Inc. Revenue by Segment — Quarterly Trend
Reservoir Media, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Music Publishing Segment and Performance) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Music Publishing Segment | — | $30.9M | — | $27.9M |
| Performance | $6.2M | $7.5M | $4.8M | $6.5M |
| Synchronization | $4.6M | $4.6M | $4.2M | $5.5M |
| Physical | $1.9M | — | — | $1.3M |
Reservoir Media, Inc. Annual Revenue by Year
Reservoir Media, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $158.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $158.7M |
| 2024 | $144.9M |
| 2023 | $122.3M |
| 2022 | $107.8M |
Reservoir Media, Inc. Quarterly Revenue & Net Profit History
Reservoir Media, 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 |
|---|---|---|---|---|
| Q3 FY2026 | $45.6M | +7.7% | $2.2M | 4.8% |
| Q2 FY2026 | $45.4M | +11.7% | $2.3M | 5.0% |
| Q1 FY2026 | $37.2M | +8.3% | $-555.7K | -1.5% |
| Q4 FY2025 | $41.4M | +5.8% | $2.7M | 6.4% |
| Q3 FY2025 | $42.3M | +19.2% | $5.2M | 12.4% |
| Q2 FY2025 | $40.7M | +5.9% | $185.0K | 0.5% |
| Q1 FY2025 | $34.3M | +7.8% | $-346.7K | -1.0% |
| Q4 FY2024 | $39.1M | +12.5% | $2.8M | 7.1% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $39.1M | $34.3M | $40.7M | $42.3M | $41.4M | $37.2M | $45.4M | $45.6M |
| YoY Growth | 12.5% | 7.8% | 5.9% | 19.2% | 5.8% | 8.3% | 11.7% | 7.7% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $783.5M | $768.2M | $778.2M | $832.4M | $865.1M | $857.0M | $903.5M | $941.9M |
| Liabilities | $429.0M | $413.7M | $419.0M | $471.6M | $498.9M | $486.9M | $531.4M | $567.1M |
| Equity | $353.0M | $353.0M | $357.9M | $359.5M | $364.9M | $368.9M | $370.9M | $373.6M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $13.8M | $8.6M | $13.3M | $11.2M | $12.2M | $6.0M | $19.3M | $12.9M |