MNTN Q3 revenue misses analyst expectations
MNTN•MNTN’s Q3 revenue rose 15% year over year to $80.25 million, below the $87.66 million analyst consensus. The company expects Q4 revenue of $75 million to $78 million and forecasts 2026 revenue of $311 million to $314 million.
1. Revenue misses estimates
MNTN reported Q3 revenue of $80.25 million, up 15% year over year but below analyst expectations of $87.66 million. Operating income was $8.74 million, below the $18.38 million consensus estimate, while net income was $7.67 million.
2. Outlook and leadership
MNTN expects Q4 revenue of $75 million to $78 million and adjusted EBITDA of $8 million to $10 million. For 2026, it forecasts revenue of $311 million to $314 million and adjusted EBITDA of $66 million to $68 million. Tony Weisman was appointed president and CEO, succeeding Mark Douglas.
3. Execution challenges
The company said Q3 revenue growth was affected by unforeseen execution problems in its go-to-market organization. Active Performance TV customers grew approximately 32% year over year in the trailing 12 months ended September 30, 2026.
