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Stock research / United States / RSVR · Services-Amusement & Recreation Services · Nasdaq

Reservoir Media, Inc. (RSVR)

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Reservoir Media, Inc. (RSVR) reported revenue of $41 million for Q1 FY2027, the quarter ended 30 June 2026, up 11.6% on the same quarter a year earlier. Net income was -$93,111. The figures are the company's own, from the 10-Q it filed with the SEC on 4 August 2026.

Revenue$41 millionup 11.6%
Net income-$93,111
Diluted EPSn/a
QuarterQ1 FY2027ended 30 June 2026

Reservoir Media (RSVR) in brief

Reservoir Media (RSVR) reported revenue of $176 million for fiscal 2026, the year ended 31 March 2026, up 10.7% on the year before.
Read moreNet income was $8 million and diluted earnings per share $0.13. Revenue was $159 million in fiscal 2025, $145 million in fiscal 2024, $122 million in fiscal 2023 and $108 million in fiscal 2022. Net income in the same years was $8 million, $1 million, $3 million and $13 million. Over the twelve months to 30 June 2026, Reservoir Media reported revenue of $180 million and net income of $9 million. Revenue grew 17.0% a year, compounded, over the five years to fiscal 2026. Reservoir Media had 66 million shares outstanding at the latest filed count. At 30 June 2026 it carried $462 million of debt and $14 million of cash. At the close of 29 October 2026 the market cap of Reservoir Media was $632 million, 74.6 times its earnings over the last twelve months.

Ratios

From the filings

ROE2.3%
ROCE4.5%
Operating margin21.2%
Net margin4.9%
FCF margin23.4%
Interest covern/a
Debt to equity1.22
Cash conversion4.87
Share count, last 12 months0.7%
Sales CAGR, 3 years12.8%
Profit CAGR, 3 years48.4%
EPS, TTMn/a

At the close of 29 October 2026

Price$9.59
Market cap$632 million
Stock P/E74.58
Price to book1.67
EV / EBITDA15.46
Dividend yieldn/a
Market cap / sales3.51
52-week high$11.10
52-week low$7.22
Price, 1 year30.7%
Price CAGR, 3 years20.3%
Price CAGR, 5 years2.3%
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 Reservoir Media, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
RSVRgreeksoup.ai
Daily prices to 29 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 RSVR

Dividendsno dividend in its filings for fiscal 2020 onward
Filings19 in twelve months: 11 current reports (8-K), about 4 regulation FD disclosure; 4 results of operations; 2 officer or director change; 1 shareholder vote; 1 other events
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.14 by open interest at the 29 October 2026 close; the straddle prices a 14.6% move to 20 November 2026
13F holders80 funds reported a position for the quarter to 30 June 2026; largest Irenic Capital Management LP
Insider trading0 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest339,763 shares short, 7.54 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

Q2 FY2022 †Q3 FY2022 †Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026 *Q1 FY2027
Revenue30.325.833.624.333.329.934.831.838.435.539.134.340.742.341.437.245.445.647.541.5
Cost of revenue12.111.413.010.013.911.812.313.514.413.214.313.314.815.114.213.216.516.216.114.8
Gross profit18.214.420.714.319.318.222.518.424.022.324.821.025.827.227.224.028.929.431.426.7
Gross margin60%56%61%59%58%61%65%58%62%63%63%61%64%64%66%65%64%64%66%64%
Operating income7.94.07.21.36.64.68.63.16.16.58.85.010.19.610.45.410.710.311.85.4
Operating margin26%15%22%5%20%15%25%10%16%18%22%14%25%23%25%15%24%23%25%13%
Interest expensen/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a6.3n/an/an/a6.9
Pre-tax income6.13.110.30.06.2-0.52.80.21.0-4.14.1-0.7-0.07.33.3-0.93.23.35.6-0.7
Tax rate26%23%24%24%27%n/a15%27%30%n/a30%n/an/a27%18%n/a30%33%28%n/a
Net income4.62.17.80.14.5-4.42.30.30.5-3.02.8-0.30.25.22.7-0.62.32.24.4-0.1
Net margin15%8%23%0%14%-15%7%1%1%-8%7%-1%0%12%6%-1%5%5%9%-0%
Diluted EPS$0.08$0.03$0.16$0.00$0.07-$0.07$0.04n/a$0.01-$0.05$0.04-$0.01n/a$0.08$0.04-$0.01$0.03$0.03$0.07n/a
Operating cash flow-2.012.7-1.91.89.814.65.0-0.919.73.613.88.613.311.212.26.019.312.911.9-1.4
Capital expenditure0.00.10.10.10.10.10.10.10.00.10.00.00.00.00.00.00.10.10.20.1
Free cash flow-2.012.6-2.01.79.714.44.9-1.019.73.513.88.513.311.212.26.019.212.811.7-1.5
Shares outstanding64m64m64m64m64m64m64m65m65m65m65m65m65m65m65m65m66m66m66m66m
Filing10-K10-K10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-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), 7 fiscal years and the trailing twelve months

FY2020 †FY2021 †FY2022FY2023FY2024FY2025FY2026TTM
Revenue62.580.2108122145159176180
Cost of revenue27.332.944.248.055.557.462.063.6
Gross profit35.247.463.774.389.4101114116
Gross margin56.3%59.1%59.0%60.8%61.7%63.8%64.7%64.7%
Operating income14.718.319.421.124.635.138.238.2
Operating margin23.6%22.8%17.9%17.2%17.0%22.1%21.8%21.2%
Interest expensen/an/an/an/an/a21.926.5n/a
Pre-tax income13.511.417.48.41.29.911.211.3
Income tax4.02.14.35.60.32.13.33.4
Effective tax rate29.9%18.8%24.5%66.9%28.6%21.7%29.8%29.7%
Net income9.59.313.12.50.67.78.38.8
Net margin15.2%11.5%12.1%2.1%0.4%4.9%4.7%4.9%
Diluted EPS$0.25$0.21$0.22$0.04$0.01$0.12$0.13n/a
Filing10-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 segment FY2025 to FY2026

FY2025FY2026Share
of the parts, latest year
Music Publishing10711766.5%
Recorded Music44.351.529.3%
Other revenue7.07.34.2%
Music PublishingRecorded MusicOther revenue
159FY2025176FY2026

$ 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.

Revenue by region FY2025 to FY2026

FY2025FY2026Share
of the parts, latest year
United States93.698.756.2%
International65.177.043.8%
United StatesInternational
159FY2025176FY2026

$ 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

FY2020 †FY2021 †FY2022FY2023FY2024FY2025FY2026TTM
Operating cash flow11.114.712.531.236.245.350.142.7
Capital expendituren/a0.10.20.40.20.10.50.5
Free cash flown/a14.612.330.836.045.249.742.2
Free cash flow marginn/a18.2%11.4%25.2%24.8%28.5%28.3%23.4%
Cash from investing-107-119-197-72.2-50.6-96.7-104-114
Cash from financingn/a47.219738.517.654.564.270.7
Depreciation and amortisation8.414.119.022.125.026.330.831.8
Share-based compensationn/a0.12.93.23.44.44.35.0
Diluted shares, weightedn/a45m58m65m65m66m66m66m
Shares outstanding at period endn/a29m64m64m65m65m66m66m
Filing10-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

FY2020 †FY2021 †FY2022FY2023FY2024FY2025FY2026TTM
Funded by
Shareholders' equity170193346348353365378378
Non-controlling interest1.01.01.11.31.51.30.80.4
Debtn/a213270311331388456462
Operating lease liabilitiesn/an/an/a7.16.75.77.47.1
Other liabilities22555.067.085.991.5105108101
Total liabilities and equity396462684754784865950949
Owned
Fixed assetsn/a0.30.30.60.60.40.70.8
Goodwilln/a0.40.40.40.40.40.4n/a
Intangible assets284391571617640720789800
Investmentsn/a1.63.9n/an/an/an/an/a
Cash and equivalents58.29.217.814.918.121.425.913.7
Receivablesn/a15.825.231.333.237.840.842.7
Other assets53.243.465.289.591.085.493.191.9
Total assets396462684754784865950949
Filing10-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, compoundedn/a17.0%12.8%11.4%
Profit growth, compoundedn/a-2.1%48.4%16.2%
Return on equity, averagen/a1.8%1.5%2.2%
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 Reservoir Media's revenue in fiscal 2026?

Reservoir Media (RSVR) reported revenue of $176 million for fiscal 2026, the year ended 31 March 2026, up 10.7% on the year before.

How much did Reservoir Media earn in fiscal 2026?

Net income was $8 million for fiscal 2026, and diluted earnings per share $0.13.

What is Reservoir Media's P/E ratio?

At the close of 29 October 2026, Reservoir Media traded at 74.6 times its earnings over the twelve months to 30 June 2026.

What is Reservoir Media's market cap?

The market cap of Reservoir Media was $632 million at the close of 29 October 2026.

How much debt does Reservoir Media have?

At 30 June 2026 Reservoir Media carried $462 million of debt and $14 million of cash.

Peers: Entertainment

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Live Nation Entertainment, Inc. LYV$41.9 billionn/a163.6%3.0%10.8%111.76n/a
TKO Group Holdings, Inc. TKO$13.6 billion62.706.8%18.8%5.1%1.36n/a
Liberty Live Holdings, Inc. LLYVA$9.2 billionn/an/a-12.1%n/an/an/a
Sphere Entertainment Co. SPHR$4.1 billionn/a-3.2%-11.4%23.4%0.35n/a
Atlanta Braves Holdings, Inc. BATRA$3.5 billionn/a-12.5%-9.4%6.8%1.54n/a
Pursuit Attractions & Hospitality, Inc. PRSU$1.5 billion41.537.2%15.1%26.4%0.36n/a
United Parks & Resorts Inc. PRKS$1.4 billion12.43n/a19.2%-3.5%n/an/a
Accel Entertainment, Inc. ACEL$918 million16.8820.0%8.2%8.7%2.02n/a
Six Flags Entertainment Corporation FUN$785 millionn/a-1,526.2%-44.2%-3.5%43.34n/a
Angel Studios, Inc. ANGX$696 millionn/an/a-36.6%n/an/an/a
Reservoir Media, Inc. RSVR$632 million74.582.3%21.2%11.4%1.22n/a
Warner Music Group Corp. WMGn/an/a78.7%13.7%12.9%5.522.5%
All 27 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$191.5 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$13.6 billion62.706.8%18.8%5.1%1.36n/a
DraftKings Inc. DKNG$10.3 billionn/a-29.3%-2.9%15.0%3.26n/a
Life Time Group Holdings, Inc. LTH$10.2 billion24.6512.1%17.4%13.0%0.43n/a
MSG Knickerbockers Corp. MSGS$9.4 billion1,281.83n/a2.5%11.0%n/a1.8%
Liberty Live Holdings, Inc. LLYVA$9.2 billionn/an/a-12.1%n/an/an/a
Churchill Downs Inc. CHDN$6.2 billion14.1033.0%25.5%4.2%3.420.5%
Vail Resorts Inc. MTN$5.5 billion37.3061.3%14.8%-4.3%13.245.8%
Cinemark Holdings, Inc. CNK$4.8 billion23.70n/an/a4.5%n/a0.9%
Planet Fitness, Inc. PLNT$4.1 billion18.21n/a30.9%12.7%n/an/a
Sphere Entertainment Co. SPHR$4.1 billionn/a-3.2%-11.4%23.4%0.35n/a
Madison Square Garden Entertainment Corp. MSGE$3.9 billion58.78144.6%13.3%12.5%12.47n/a
Lionsgate Studios Corp. LION$3.8 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 billion35.8614.9%9.1%9.8%0.12n/a
AMC Entertainment Holdings, Inc. AMC$2.7 billionn/an/a4.4%6.4%n/an/a
StubHub Holdings, Inc. STUB$2.2 billionn/a-108.9%-69.7%n/a0.86n/a
Rush Street Interactive, Inc. RSI$1.6 billion41.2419.3%10.9%38.7%0.00n/a
Pursuit Attractions & Hospitality, Inc. PRSU$1.5 billion41.537.2%15.1%26.4%0.36n/a
United Parks & Resorts Inc. PRKS$1.4 billion12.43n/a19.2%-3.5%n/an/a
Accel Entertainment, Inc. ACEL$918 million16.8820.0%8.2%8.7%2.02n/a
Six Flags Entertainment Corporation FUN$785 millionn/a-1,526.2%-44.2%-3.5%43.34n/a
Angel Studios, Inc. ANGX$696 millionn/an/a-36.6%n/an/an/a
Reservoir Media, Inc. RSVR$632 million74.582.3%21.2%11.4%1.22n/a
Warner Music Group Corp. WMGn/an/a78.7%13.7%12.9%5.522.5%
8 companies share its SEC industry code (Services-Amusement & Recreation Services); 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 20264 August 2026EDGAR
10-K31 March 202628 May 2026EDGAR
10-Q31 December 20254 February 2026EDGAR
10-Q30 September 20254 November 2025EDGAR
10-Q30 June 20255 August 2025EDGAR
10-K31 March 202528 May 2025EDGAR
10-Q31 December 20245 February 2025EDGAR
10-Q30 September 202430 October 2024EDGAR
10-Q30 June 202431 July 2024EDGAR
10-K31 March 202430 May 2024EDGAR