LiveOne Posts $20.3M Q3 Revenue, Guides $85-95M Fiscal 2027
LiveOne posted nine-month fiscal 2026 revenue of $58.2M and Q3 revenue of $20.3M with $1.6M adjusted EBITDA, while its Audio division delivered $18.6M revenue and $2.6M EBITDA. The company beat Q3 loss estimates with a $0.37 EPS deficit, cut operating expenses 52% y/y and guided fiscal 2027 revenue of $85-95M.
1. Q3 and YTD Financial Results
LiveOne reported Q3 fiscal 2026 revenue of $20.3M, up from $29.5M last year’s quarter, with adjusted EBITDA of $1.6M versus $1.5M in Q3 2025. For the nine months ended December 31, 2025, revenue reached $58.2M and adjusted EBITDA totaled $7.3M.
2. AI-driven Efficiencies and Cost Cuts
Implementation of AI-driven efficiencies slashed quarterly operating expenses by 52% year-over-year and reduced headcount from 350 to 88. This streamlined cost structure improved operating loss by $3.1M compared to the prior-year quarter.
3. Strategic Highlights and Share Repurchases
The Audio division maintained positive adjusted EBITDA of $2.6M on $18.6M revenue. Management acquired 771K PodcastOne shares at an average $1.93 cost, expanded Fortune 250 partner run rate to $27M+, saw Tesla ad-supported users exceed 1.3M, and has $6M remaining under its buyback authorization.
4. Fiscal 2027 Guidance
LiveOne anticipates fiscal 2027 revenue of $85-95M+ and adjusted EBITDA of $8-10M+, reflecting confidence in scalable growth and profitability across its music, entertainment and technology platform.