MNTN Q2 revenue slightly beats estimates on customer growth
MNTN•Drivers of the quarter
- Customer growth - Active Performance TV customers grew 40% year-over-year, reflecting expansion across the small and mid-sized business customer base.
- Platform investment - The company cited expansion of its platform, AI integration, and new partnerships as supporting growth.
- Gross margin improvement - Gross margin rose to 80% from 77% in Q2 2025, attributed to operating leverage as the company scales.
Outlook for Q3 and 2026
MNTN sees Q3 revenue between $86 million and $89 million.
The company expects Q3 adjusted EBITDA of $22 million to $25 million.
MNTN forecasts 2026 revenue of $347 million to $357 million.
Key figures and analyst view
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Slight Beat* | $82.54 million | $82.45 million (9 analysts) |
| Q2 Net Income | $6.72 million | ||
| Q2 Gross Profit | Beat | $66.30 million | $0.19 (9 analysts) |
| Q2 Operating Income | Miss | $7.12 million | $15.68 million (7 analysts) |
| Q2 Pretax Profit | $9.16 million |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
