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Stock research / United States / GAIA · Services-Motion Picture & Video Tape Production · Nasdaq

Gaia, Inc. (GAIA)

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Gaia, Inc. (GAIA) reported revenue of $23 million for Q2 FY2026, the quarter ended 30 June 2026, down 5.3% on the same quarter a year earlier. Net income was -$3 million, and diluted earnings per share $-0.12. The figures are the company's own, from the 10-Q it filed with the SEC on 10 August 2026.

Revenue$23 milliondown 5.3%
Net income-$3 million
Diluted EPS$-0.12
QuarterQ2 FY2026ended 30 June 2026

Gaia (GAIA) in brief

Gaia (GAIA) reported revenue of $99 million for fiscal 2025, the year ended 31 December 2025, up 10.8% on the year before.
Read moreNet loss was $4 million and the diluted loss per share $0.18. Revenue was $89 million in fiscal 2024, $80 million in fiscal 2023, $82 million in fiscal 2022 and $80 million in fiscal 2021. Net income in the same years was a loss of $5 million, a loss of $6 million, a loss of $4 million and $4 million. Over the twelve months to 30 June 2026, Gaia reported revenue of $98 million and net loss of $6 million. Revenue grew 8.2% a year, compounded, over the five years to fiscal 2025. Gaia had 25 million shares outstanding at the latest filed count. At 30 June 2026 it carried $6 million of debt and $5 million of cash. At the close of 30 October 2026 the market cap of Gaia was $37 million.

Ratios

From the filings

ROE-6.8%
ROCE-7.3%
Operating margin-6.7%
Net margin-5.8%
FCF margin-9.7%
Interest covern/a
Debt to equity0.07
Cash conversionn/a
Share count, last 12 months1.3%
Sales CAGR, 3 years6.4%
Profit CAGR, 3 yearsn/a
EPS, TTM-$0.24

At the close of 30 October 2026

Price$1.45
Market cap$37 million
Stock P/En/a
Price to book0.44
EV / EBITDA33.51
Dividend yieldn/a
Market cap / sales0.38
52-week high$5.05
52-week low$1.21
Price, 1 year-71.0%
Price CAGR, 3 years-18.7%
Price CAGR, 5 years-31.6%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Gaia, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
GAIAgreeksoup.ai
Daily prices to 30 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on GAIA

Dividends$150,000 paid in cash dividends in FY2014
Filings12 in twelve months: 5 current reports (8-K), about 4 results of operations; 1 shareholder vote; 1 officer or director change
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.0 by open interest at the 30 October 2026 close; the straddle prices a 122.4% move to 20 November 2026
13F holders61 funds reported a position for the quarter to 30 June 2026; largest Nantahala Capital Management, LLC
Insider trading0 sales and 31 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest300,037 shares short, 3.50 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022 †Q2 FY2022 †Q3 FY2022 †Q4 FY2022 * †Q1 FY2023 †Q2 FY2023 †Q3 FY2023 †Q4 FY2023 * †Q1 FY2024 †Q2 FY2024 †Q3 FY2024 †Q4 FY2024 *Q1 FY2025Q2 FY2025 †Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue20.420.821.820.719.919.619.619.820.220.721.321.922.024.423.824.625.025.524.323.3
Cost of revenue2.63.02.92.82.62.62.82.83.03.03.13.43.12.92.93.33.43.23.43.4
Gross profit17.817.918.918.017.317.016.917.017.217.718.218.519.021.620.921.321.622.320.919.9
Gross margin87%86%87%87%87%87%86%86%85%85%85%85%86%88%88%87%86%88%86%85%
Operating income0.70.10.30.3-0.3-0.6-1.0-1.6-0.4-1.5-0.9-2.0-1.2-1.7-1.0-2.2-1.2-0.7-1.4-3.2
Operating margin4%1%1%1%-2%-3%-5%-8%-2%-7%-4%-9%-5%-7%-4%-9%-5%-3%-6%-14%
Pre-tax income0.60.10.10.1-2.5-0.8-1.3-1.8-0.7-1.7-1.0-2.1-1.3-0.8-1.1-2.1-1.2n/a-1.4-3.2
Net income0.62.1-0.1-0.1-2.5-1.0-1.3-1.8-0.7-2.0-1.0-2.2-1.5-0.5-1.0-2.0-1.2-0.3-1.3-3.0
Net margin3%10%-0%-0%-13%-5%-6%-9%-4%-10%-5%-10%-7%-2%-4%-8%-5%-1%-5%-13%
Diluted EPS$0.03$0.11$0.01$0.00-$0.11-$0.05-$0.06-$0.09-$0.04-$0.08-$0.05-$0.09-$0.05-$0.03-$0.04-$0.07-$0.05-$0.02-$0.05-$0.12
Operating cash flow5.16.31.22.41.73.40.73.33.6n/a5.9-2.10.42.71.32.30.31.81.5-5.4
Capital expenditure4.4n/a2.24.64.5n/a1.43.23.3n/a1.11.41.41.11.01.41.91.71.62.5
Free cash flow0.8n/a-1.0-2.2-2.8n/a-0.70.10.3n/a4.9-3.5-1.01.60.30.9-1.60.1-0.1-7.9
Shares outstandingn/an/an/an/an/an/an/an/an/an/an/an/a23m25m25m25m25m25m25m25m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 17 fiscal years and the trailing twelve months

FY2009FY2010 †FY2011 †FY2012 †FY2013 †FY2014 †FY2015 †FY2016FY2017 †FY2018 †FY2019FY2020FY2021 †FY2022 †FY2023FY2024 †FY2025TTM
Revenue27827422412715510.813.517.228.342.054.066.879.682.080.489.399.098.1
Cost of revenue13413814570.790.22.02.62.83.95.47.18.710.510.911.612.412.813.4
Gross profit14413678.956.565.38.710.914.424.436.646.958.269.071.168.876.986.284.7
Gross margin51.7%49.5%35.3%44.4%42.0%81.1%80.7%83.5%86.1%87.3%86.8%87.1%86.8%86.7%85.5%86.1%87.1%86.3%
Selling, general and administrativen/an/an/an/an/an/a80.6n/an/an/an/an/an/an/an/an/an/an/a
Operating income-0.86.1-31.3-10.2-21.6-10.7-8.7-16.6-25.1-36.4-17.2-4.62.0-0.3-4.6-5.7-5.1-6.5
Operating margin-0.3%2.2%-14.0%-8.0%-13.9%-99.7%-64.7%-96.1%-88.9%-86.7%-31.9%-6.9%2.5%-0.3%-5.7%-6.4%-5.2%-6.7%
Pre-tax income-2.37.4-35.9-28.75.9-9.8-9.0-16.9-24.6-36.1-17.80.71.7-3.0-5.5-5.2-5.1n/a
Income tax-2.12.4-10.7-9.426.01.4-0.0-6.1-0.9-1.90.00.2-2.00.20.1-0.00.20.2
Effective tax raten/a31.8%n/an/a442.0%n/an/an/an/an/an/a25.8%-116.9%n/an/an/an/an/a
Net income0.34.3-24.9-12.9-22.8-9.0-11.087.1-23.3-33.8-18.10.53.7-3.9-5.8-5.2-4.5-5.7
Net margin0.1%1.6%-11.1%-10.1%-14.6%-83.3%-81.8%504.8%-82.3%-80.5%-33.6%0.8%4.7%-4.7%-7.2%-5.9%-4.5%-5.8%
Diluted EPS$0.01$0.18-$1.08-$0.57-$0.98-$0.41$0.02$4.39-$1.54-$1.96-$1.00$0.03$0.19-$0.19-$0.27-$0.22-$0.18-$0.24
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by region FY2024 to FY2025

FY2024FY2025Share
of the parts, latest year
United States50.359.560.1%
International39.039.539.9%
United StatesInternational
89.3FY202499.0FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2009FY2010 †FY2011 †FY2012 †FY2013 †FY2014 †FY2015 †FY2016FY2017 †FY2018 †FY2019FY2020FY2021 †FY2022 †FY2023FY2024 †FY2025TTM
Operating cash flow28.1-5.05.216.5-23.19.87.6-15.4-20.8-21.4-2.611.720.91.75.96.95.7-1.8
Capital expenditure7.58.74.43.73.44.46.46.612.518.918.713.317.38.45.35.06.17.8
Free cash flow20.6-13.70.812.8-26.55.41.2-22.0-33.3-40.2-21.3-1.73.5-6.70.61.9-0.4-9.5
Free cash flow margin7.4%-5.0%0.4%10.0%-17.1%50.0%9.1%-127.4%-117.7%-95.8%-39.4%-2.5%4.4%-8.2%0.7%2.2%-0.4%-9.7%
Cash from investing-9.0-8.7-10.8-18.265.0-8.4-9.3145-13.0-18.9-20.3-0.2-23.9-9.3-5.3-15.0-10.0-11.7
Cash from financing-2.7-5.9-8.6-3.1-19.21.7-0.3-77.112.637.44.4-10.40.78.9-4.46.212.14.9
Depreciation and amortisationn/an/a3.22.33.63.23.33.74.97.09.612.013.17.67.88.68.17.6
Share-based compensation1.91.61.50.90.80.30.30.71.81.61.82.31.71.81.11.31.71.6
Buybacks2.8n/a2.3n/an/an/an/a76.2n/an/an/an/an/an/a0.2n/an/an/a
Dividends paid0.27.0n/a0.6n/a0.1n/an/an/an/an/an/an/an/an/an/an/an/a
Diluted shares, weighted23m23m23m23m23m24m25mn/an/an/a18m19m20m21m22m23m25m25m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a25m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2009FY2010 †FY2011 †FY2012 †FY2013 †FY2014 †FY2015 †FY2016FY2017 †FY2018 †FY2019FY2020FY2021 †FY2022 †FY2023FY2024 †FY2025TTM
Funded by
Shareholders' equity16815212811610194.883.997.576.281.568.974.287.684.885.580.787.984.3
Non-controlling interestn/a16.93.12.83.94.84.9n/an/an/an/an/an/a1.11.313.314.213.8
Debtn/an/an/an/an/an/an/an/an/a12.518.46.26.115.05.85.85.75.6
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/an/an/a8.07.26.55.74.98.58.2
Other liabilitiesn/a38.832.178.436.439.139.79.720.813.218.821.632.727.932.036.538.335.9
Total liabilities and equityn/a20816319714213912910797.0107106110134135130141155148
Owned
Fixed assetsn/a27.923.723.522.523.225.0n/an/an/a36.939.250.625.226.326.927.028.6
Goodwilln/a25.92.72.714.015.410.610.610.610.617.317.328.931.931.931.934.034.0
Intangible assetsn/a0.80.60.21.20.80.9n/an/an/an/an/a2.31.71.115.614.714.3
Cash and equivalents48.328.814.59.91.53.81.354.032.830.011.512.610.311.67.85.913.55.3
Receivablesn/a50.331.122.026.230.30.50.61.11.32.32.02.73.04.15.65.45.5
Inventoryn/a33.229.221.320.320.217.3n/an/an/an/an/an/an/an/an/an/an/a
Other assetsn/a40.961.511856.044.973.042.052.565.238.238.939.061.859.055.460.060.0
Total assetsn/a20816319714213912910797.0107106110134135130141155148
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded22.1%8.2%6.4%3.4%
Profit growth, compoundedn/an/an/an/a
Return on equity, average-2.7%-3.7%-6.1%-5.1%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Gaia's revenue in fiscal 2025?

Gaia (GAIA) reported revenue of $99 million for fiscal 2025, the year ended 31 December 2025, up 10.8% on the year before.

How much did Gaia earn in fiscal 2025?

Net loss was $4 million for fiscal 2025, and the diluted loss per share $0.18.

What is Gaia's market cap?

The market cap of Gaia was $37 million at the close of 30 October 2026.

How much debt does Gaia have?

At 30 June 2026 Gaia carried $6 million of debt and $5 million of cash.

Peers: Entertainment

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Lionsgate Studios Corp. LION$3.7 billionn/an/an/an/an/an/a
FuboTV Inc. FUBO$2.6 billionn/a-4.3%-1.5%117.7%0.46n/a
Six Flags Entertainment Corporation FUN$765 millionn/a-1,526.2%-44.2%-3.5%43.34n/a
Angel Studios, Inc. ANGX$666 millionn/an/a-36.6%n/an/an/a
Reservoir Media, Inc. RSVR$628 million74.042.3%21.2%11.4%1.22n/a
Lucky Strike Entertainment Corp. LUCK$553 millionn/an/a11.0%3.7%n/an/a
Seaport Entertainment Group Inc. SEG$288 millionn/a-30.9%-101.2%2.8%0.09n/a
GameSquare Holdings, Inc. GAME$254 millionn/an/an/an/a1.22n/a
Xponential Fitness, Inc. XPOF$221 millionn/an/a6.2%-9.0%n/an/a
CuriosityStream Inc. CURI$153 millionn/a0.1%-0.3%24.9%0.0012.5%
Venu Holding Corp. VENU$73 millionn/a-34.0%-237.1%5.1%0.49n/a
Gaia, Inc. GAIA$37 millionn/a-6.8%-6.7%3.4%0.07n/a
All 36 in Entertainment
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Netflix Inc. NFLX$254.9 billion17.9450.4%31.3%14.7%0.52n/a
Walt Disney Co. DIS$191.6 billion22.877.8%18.4%4.6%0.42n/a
Live Nation Entertainment, Inc. LYV$41.9 billionn/a163.6%3.0%10.8%111.76n/a
TKO Group Holdings, Inc. TKO$34.2 billion63.416.8%18.8%5.1%1.36n/a
DraftKings Inc. DKNG$18.6 billionn/a-29.3%-2.9%15.0%3.26n/a
Life Time Group Holdings, Inc. LTH$10.1 billion24.5212.1%17.4%13.0%0.43n/a
Liberty Live Holdings, Inc. LLYVA$9.3 billionn/an/a-12.1%n/an/an/a
MSG Knickerbockers Corp. MSGS$9.3 billion1,281.83n/a2.5%11.0%n/a1.8%
Churchill Downs Inc. CHDN$6.5 billion14.6733.0%25.5%4.2%3.420.5%
Vail Resorts Inc. MTN$5.4 billion36.6861.3%14.8%-4.3%13.245.8%
Cinemark Holdings, Inc. CNK$4.7 billion23.18n/an/a4.5%n/a0.9%
Planet Fitness, Inc. PLNT$4.0 billion18.16n/a30.9%12.7%n/an/a
Sphere Entertainment Co. SPHR$3.9 billionn/a-3.2%-11.4%23.4%0.35n/a
Madison Square Garden Entertainment Corp. MSGE$3.8 billion58.12144.6%13.3%12.5%12.47n/a
Lionsgate Studios Corp. LION$3.7 billionn/an/an/an/an/an/a
Atlanta Braves Holdings, Inc. BATRA$3.5 billionn/a-12.5%-9.4%6.8%1.54n/a
Onespaworld Holdings Ltd. OSW$3.0 billion35.9514.9%9.1%9.8%0.12n/a
Rush Street Interactive, Inc. RSI$2.8 billion36.7319.3%10.9%38.7%0.00n/a
AMC Entertainment Holdings, Inc. AMC$2.7 billionn/an/a4.4%6.4%n/an/a
FuboTV Inc. FUBO$2.6 billionn/a-4.3%-1.5%117.7%0.46n/a
StubHub Holdings, Inc. STUB$2.2 billionn/a-108.9%-69.7%n/a0.86n/a
Pursuit Attractions & Hospitality, Inc. PRSU$1.5 billion41.507.2%15.1%26.4%0.36n/a
United Parks & Resorts Inc. PRKS$1.4 billion12.13n/a19.2%-3.5%n/an/a
Accel Entertainment, Inc. ACEL$921 million16.9320.0%8.2%8.7%2.02n/a
Marcus Corp. MCS$836 million33.585.2%4.9%8.5%0.31n/a
Six Flags Entertainment Corporation FUN$765 millionn/a-1,526.2%-44.2%-3.5%43.34n/a
Angel Studios, Inc. ANGX$666 millionn/an/a-36.6%n/an/an/a
Reservoir Media, Inc. RSVR$628 million74.042.3%21.2%11.4%1.22n/a
Lucky Strike Entertainment Corp. LUCK$553 millionn/an/a11.0%3.7%n/an/a
Seaport Entertainment Group Inc. SEG$288 millionn/a-30.9%-101.2%2.8%0.09n/a
GameSquare Holdings, Inc. GAME$254 millionn/an/an/an/a1.22n/a
Xponential Fitness, Inc. XPOF$221 millionn/an/a6.2%-9.0%n/an/a
CuriosityStream Inc. CURI$153 millionn/a0.1%-0.3%24.9%0.0012.5%
Venu Holding Corp. VENU$73 millionn/a-34.0%-237.1%5.1%0.49n/a
Gaia, Inc. GAIA$37 millionn/a-6.8%-6.7%3.4%0.07n/a
Warner Music Group Corp. WMGn/an/a78.7%13.7%12.9%5.522.5%
4 companies share its SEC industry code (Services-Motion Picture & Video Tape Production); the rest are the names nearest in size in its wider industry, Entertainment, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202610 August 2026EDGAR
10-Q31 March 20264 May 2026EDGAR
10-K31 December 20256 March 2026EDGAR
10-Q30 September 20254 November 2025EDGAR
10-Q30 June 202511 August 2025EDGAR
10-Q31 March 202512 May 2025EDGAR
10-K31 December 202410 March 2025EDGAR
10-Q30 September 20244 November 2024EDGAR
10-Q30 June 20245 August 2024EDGAR
10-Q31 March 20246 May 2024EDGAR