Reservoir Media Beats Q4 Estimates with 15% Revenue Growth and $0.07 EPS
RSVR•Reservoir Media posted Q4 EPS of $0.07 and revenue of $47.5M, exceeding estimates by 40% and 6.8% respectively, with revenue climbing 15% year-over-year. For fiscal 2026, the music rights company grew revenue 11% to $175.7M and adjusted EBITDA 12% to $73.6M, fueled by $120M in catalog acquisitions and the PopIndia launch.
1. Q4 Earnings Performance
Reservoir Media reported Q4 EPS of $0.07, topping consensus estimates by $0.02 per share, and generated $47.5M in revenue, surpassing projections by $3.05M and marking a 15% increase from $41.42M in the prior-year quarter.
2. Fiscal 2026 Full-Year Results
For the year ended March 31, 2026, revenue rose 11% to $175.7M while adjusted EBITDA climbed 12% to $73.6M, reflecting consistent margin expansion and cash flow growth.
3. Acquisition and Expansion Strategy
Management invested approximately $120M in catalog acquisitions, including rights from Miles Davis and an extended publishing deal with Joni Mitchell, and launched PopIndia in Mumbai to bolster international digital revenue.
4. Outlook for Fiscal 2027
The company projects mid-single-digit growth for both top and bottom lines in fiscal 2027, signaling confidence in sustained catalog monetization and strategic expansion initiatives.
