MNTN Inc Reports 36% Q4 Revenue Growth, 82% Gross Margin Expansion
MNTN Inc reported Q4 revenue of $87.1 million, up 36% year-over-year, with gross margin expanding to 82% and active Performance TV customers rising 63% to 3,632, driving record quarterly net income. The company forecasts 2026 revenue of $345–355 million and adjusted EBITDA of $100 million.
1. Q4 2025 Earnings Highlights
MNTN Inc recorded Q4 2025 revenue of $87.1 million, marking a 36% increase year-over-year. Gross margin expanded to 82% and active Performance TV customers climbed 63% to 3,632, resulting in the company’s first positive net income in a quarter.
2. Full-Year 2025 Results and 2026 Outlook
For the full year 2025, MNTN posted a net loss of $6.4 million due to one-time IPO-related expenses, while adjusted EBITDA rose to $68 million. Management projects 2026 revenue between $345 million and $355 million and adjusted EBITDA reaching $100 million.
3. Market Positioning and AI Strategy
MNTN continues to focus on small and mid-sized businesses within the Connected TV market, competing against larger platforms. The company is leveraging QuickFrame AI and new generative AI tools to streamline customer onboarding and enhance ad campaign performance.