Versant Media Group (VSNT) Q3 FY2026 earnings: revenue $1.6 billion, down 4.1% on the year
Versant Media Group, Inc. (VSNT) reported revenue of $1.6 billion for Q3 FY2026, the quarter ended 30 September 2026, down 4.1% on the same quarter a year earlier. Net income was $47 million, down 41.2% on the year, and diluted earnings per share $0.34. The figures are the company's own, from the 10-Q it filed with the SEC on 3 November 2026.
Revenue
$1.6 billion
-4.1% on the year · -3.0% on the quarter
Q1 FY2025Q3 FY2026
Operating margin
6.9%
9.9% a year earlier
Q1 FY2025Q3 FY2026
Net income
$47 million
-41.2% on the year · -77.7% on the quarter
Q1 FY2025Q3 FY2026
Diluted EPS
$0.34
-39.3% on the year · -77.2% on the quarter
Q1 FY2025Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 raised, 1 new.
Total revenue fell 4.2%: Total revenue was $1,594 million, down from $1,663 million a year earlier. Excluding SportsEngine and Full Swing, revenue fell 3.5%.
Adjusted EBITDA fell 20.9%: Adjusted EBITDA was $353 million, down from $445 million in the prior year quarter. Management cited lower revenue, partly offset by lower programming and selling, general and administrative costs.
Platforms revenue up 9.6%: Platforms revenue was $245 million, up 9.6%, or 17.4% excluding SportsEngine and Full Swing. The second quarter had shown 9.3% growth excluding SportsEngine.
$ million except per share. 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.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
346
382
433
-9.4%
-20.1%
Capital expenditure
44.0
32.0
58.0
+37.5%
-24.1%
Free cash flow
302
350
375
-13.7%
-19.5%
Free cash flow margin
18.9%
21.3%
22.5%
Cash from investing
-590
53.0
-9.0
Cash from financing
-183
-153
-373
Share-based compensation
16.0
16.0
8.0
0.0%
+100.0%
Buybacks
100
100
0.0
0.0%
Dividends paid
53.0
n/a
0.0
Dividend per share
$0.38
$0.38
n/a
0.0%
Diluted shares, weighted
139m
141m
144m
-2.0%
-3.9%
Shares outstanding at period end
137m
139m
n/a
-1.8%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
8,037
8,114
10,289
-0.9%
-21.9%
Non-controlling interest
110
111
n/a
-0.9%
Debt
2,927
2,954
n/a
-0.9%
Other liabilities
1,582
1,561
n/a
+1.3%
Total liabilities and equity
12,656
12,740
n/a
-0.7%
Fixed assets
463
441
n/a
+5.0%
Goodwill
8,127
7,804
n/a
+4.1%
Intangible assets
482
499
n/a
-3.4%
Investments
262
248
n/a
+5.6%
Cash and equivalents
1,051
1,478
56.0
-28.9%
+1,776.8%
Receivables
1,241
1,326
n/a
-6.4%
Other assets
1,030
944
n/a
+9.1%
Total assets
12,656
12,740
n/a
-0.7%
Questions
What was Versant Media Group's revenue in Q3 FY2026?
Versant Media Group (VSNT) reported revenue of $1.6 billion for Q3 FY2026, the quarter ended 30 September 2026, down 4.1% on the same quarter a year earlier.
How much did Versant Media Group earn in Q3 FY2026?
Net income for Q3 FY2026 was $47 million, down 41.2% on the year, and diluted earnings per share $0.34.
When did Versant Media Group report Q3 FY2026 results?
Versant Media Group filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 3 November 2026.
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. 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.
10-Q for the period ended 30 September 2026, filed 3 November 2026: the filing.