What is Alliance Entertainment's operating income?

Alliance Entertainment's total operating income in 2025 was $30.14 million, based on the following breakdown: Total Gross Profit: $132.85 million Total Operating Expenses: $102.72 million

Alliance Entertainment (AENT) Financials

$5.91 +0.01 (+0.17%)

Closing price 07/24/2026 04:00 PM Eastern

Extended Trading

$5.86 -0.05 (-0.85%)

As of 07/24/2026 07:34 PM Eastern

Compare

Annual Income Statements for Alliance Entertainment

This table shows Alliance Entertainment's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	3.24	29	-35	4.58	15
Consolidated Net Income / (Loss)	3.24	29	-35	4.58	15
Net Income / (Loss) Continuing Operations	3.24	29	-35	4.58	15
Total Pre-Tax Income	3.24	38	-44	1.85	19
Total Operating Income	-0.98	42	-33	14	30
Total Gross Profit	0.00	182	104	129	133
Total Revenue	0.00	1,417	1,159	1,100	1,063
Operating Revenue	-	1,417	1,159	1,100	1,063
Total Cost of Revenue	0.00	1,235	1,055	972	931
Operating Cost of Revenue	-	1,235	1,055	972	931
Total Operating Expenses	0.98	140	137	115	103
Selling, General & Admin Expense	0.98	58	59	58	56
Depreciation Expense	-	8.26	6.63	5.88	5.33
Other Operating Expenses / (Income)	-	74	71	51	41
Restructuring Charge	-	-0.25	0.31	0.28	0.07
Other Special Charges / (Income)	-	-	-0.00	0.03	-0.02
Total Other Income / (Expense), net	4.22	-4.06	-12	-12	-11
Interest Expense	-	4.06	12	12	11
Other Income / (Expense), net	4.21	0.00	-0.00	-0.04	-0.85
Income Tax Expense	0.00	9.42	-9.06	-2.73	3.63
Basic Earnings per Share	$0.50	$0.60	($0.74)	$0.09	$0.30
Weighted Average Basic Shares Outstanding	13.04M	47.50M	48.14M	50.83M	50.96M
Diluted Earnings per Share	$0.50	$0.60	($0.74)	$0.09	$0.30
Weighted Average Diluted Shares Outstanding	13.08M	47.50M	48.14M	50.84M	51.02M
Weighted Average Basic & Diluted Shares Outstanding	14.38M	109.17M	-	50.96M	110.96M

This table shows Alliance Entertainment's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-3.46	8.91	-3.38	0.40	7.07	1.85	5.76	4.88	9.39	2.31
Consolidated Net Income / (Loss)	-3.46	8.91	-3.38	0.40	7.07	1.85	5.76	4.88	9.39	2.31
Net Income / (Loss) Continuing Operations	-3.46	8.91	-3.38	0.40	7.07	1.85	5.76	4.88	9.39	2.31
Total Pre-Tax Income	-4.73	13	-3.85	-0.76	9.43	2.77	7.27	6.74	13	2.63
Total Operating Income	-1.59	16	-0.68	2.12	15	3.53	9.73	11	17	3.32
Total Gross Profit	26	48	28	26	42	29	36	37	47	33
Total Revenue	227	426	211	229	394	213	228	254	369	258
Operating Revenue	227	426	211	229	394	213	228	254	369	258
Total Cost of Revenue	201	378	183	203	351	184	192	217	322	225
Operating Cost of Revenue	201	378	183	203	351	184	192	217	322	225
Total Operating Expenses	28	32	29	23	27	26	26	27	30	30
Selling, General & Admin Expense	14	15	14	13	14	14	15	15	17	17
Depreciation Expense	1.64	1.41	1.40	1.26	1.26	1.35	1.47	1.29	1.29	1.39
Other Operating Expenses / (Income)	12	15	13	9.02	12	9.99	9.91	10	12	11
Restructuring Charge	0.05	0.00	0.18	0.05	0.02	0.00	-	0.00	0.00	0.00
Other Special Charges / (Income)	0.00	0.00	-0.05	-0.02	0.00	0.00	-	-0.02	-0.00	0.00
Total Other Income / (Expense), net	-3.14	-3.29	-3.18	-2.88	-5.37	-0.76	-2.46	-3.81	-4.30	-0.68
Interest Expense	3.14	3.33	3.05	2.84	2.83	2.44	2.47	2.35	3.45	1.57
Other Income / (Expense), net	-	0.04	-0.12	-0.04	-2.55	1.68	-	-1.46	-0.85	0.88
Income Tax Expense	-1.27	3.79	-0.48	-1.16	2.35	0.92	1.51	1.86	3.59	0.32
Basic Earnings per Share	($0.07)	$0.18	($0.07)	$0.01	$0.14	$0.04	$0.11	$0.10	$0.18	$0.05
Weighted Average Basic Shares Outstanding	50.50M	50.93M	50.93M	50.96M	50.96M	50.96M	50.96M	50.96M	50.96M	50.96M
Diluted Earnings per Share	($0.07)	$0.18	($0.07)	$0.01	$0.14	$0.04	$0.11	$0.10	$0.18	$0.05
Weighted Average Diluted Shares Outstanding	50.50M	51.39M	50.93M	50.97M	50.97M	50.97M	51.02M	51.00M	51.01M	51.03M
Weighted Average Basic & Diluted Shares Outstanding	50.97M	50.93M	50.93M	110.96M	110.96M	110.96M	110.96M	110.96M	110.96M	110.97M

This table details how cash moves in and out of Alliance Entertainment's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Net Change in Cash & Equivalents	0.62	-2.57	-0.59	0.27	0.10
Net Cash From Operating Activities	-0.34	-84	3.39	56	27
Net Cash From Continuing Operating Activities	-0.34	-84	3.39	56	27
Net Income / (Loss) Continuing Operations	3.24	29	-35	4.58	15
Consolidated Net Income / (Loss)	3.24	29	-35	4.58	15
Depreciation Expense	-	3.10	2.22	1.90	1.83
Amortization Expense	-	5.33	4.58	4.84	4.91
Non-Cash Adjustments To Reconcile Net Income	-4.22	3.62	11	-1.79	5.47
Changes in Operating Assets and Liabilities, net	0.64	-124	21	46	-0.47
Net Cash From Investing Activities	-116	-0.05	-0.82	-0.12	-8.13
Net Cash From Continuing Investing Activities	-116	-0.05	-0.82	-0.12	-8.13
Purchase of Property, Plant & Equipment	-	-0.05	-0.83	-0.18	-0.05
Acquisitions	-	0.00	0.00	0.00	-7.60
Sale of Property, Plant & Equipment	-	-	0.00	0.07	0.02
Other Investing Activities, net	-	-	-	0.00	-0.50
Net Cash From Financing Activities	117	81	-3.16	-55	-19
Net Cash From Continuing Financing Activities	117	81	-3.16	-55	-19
Repayment of Debt	-0.60	-1,350	-1,100	-1,136	-986
Issuance of Debt	0.00	1,432	1,089	1,081	970
Issuance of Common Equity	4.12	-	0.00	2.13	0.00
Other Financing Activities, net	114	-0.81	7.29	-2.97	-2.85
Cash Interest Paid	-	2.88	11	12	9.17
Cash Income Taxes Paid	-	9.35	0.65	0.44	1.73

This table details how cash moves in and out of Alliance Entertainment's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	0.36	-1.01	-0.51	3.16	-1.80	-0.46	-0.80	1.99	-1.84	-0.14
Net Cash From Operating Activities	-2.74	20	8.27	-12	25	2.46	11	2.72	-17	21
Net Cash From Continuing Operating Activities	-2.74	20	8.27	-12	25	2.46	11	2.72	-17	21
Net Income / (Loss) Continuing Operations	-3.46	-3.38	2.51	0.40	7.07	1.85	5.76	4.88	9.39	2.31
Consolidated Net Income / (Loss)	-3.46	-3.38	2.51	0.40	7.07	1.85	5.76	4.88	9.39	2.31
Depreciation Expense	0.59	0.43	0.45	0.43	0.42	0.43	0.55	0.44	0.45	0.45
Amortization Expense	1.09	1.33	1.33	1.18	1.18	1.27	1.27	1.20	2.51	0.97
Non-Cash Adjustments To Reconcile Net Income	1.33	0.08	-3.31	-0.10	4.33	-1.08	2.64	1.58	1.95	-0.74
Changes in Operating Assets and Liabilities, net	-2.29	22	7.30	-14	12	-0.01	0.51	-5.38	-31	18
Net Cash From Investing Activities	0.00	-0.01	0.03	0.01	-7.54	-0.04	-0.55	-0.32	-1.48	-0.26
Net Cash From Continuing Investing Activities	0.00	-0.01	0.03	0.01	-7.54	-0.04	-0.55	-0.32	-1.48	-0.26
Purchase of Property, Plant & Equipment	0.00	-0.06	0.00	-0.01	-	-0.04	-0.00	-0.35	-0.37	-0.26
Net Cash From Financing Activities	3.10	-21	-8.81	15	-20	-2.88	-11	-0.41	16	-21
Net Cash From Continuing Financing Activities	3.10	-21	-8.81	15	-20	-2.88	-11	-0.41	16	-21
Repayment of Debt	-296	-282	-223	-202	-337	-240	-208	-234	-355	-304
Issuance of Debt	299	262	215	217	318	238	197	235	372	283
Other Financing Activities, net	-0.60	-1.06	-0.71	-0.69	-0.71	-0.72	-0.73	-0.75	-0.76	-0.77
Cash Interest Paid	3.14	3.05	2.73	2.98	2.76	2.35	1.08	2.31	3.47	1.52
Cash Income Taxes Paid	0.04	0.32	0.08	0.23	0.56	0.88	0.05	0.34	1.54	0.18

This table presents Alliance Entertainment's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	6/30/2023	6/30/2024	6/30/2025
Total Assets	0.62	117	118	390	341	361
Total Current Assets	0.50	0.92	0.02	261	196	218
Cash & Equivalents	0.10	0.72	0.02	0.87	1.13	1.24
Accounts Receivable	-	-	-	105	92	95
Inventories, net	-	-	-	147	97	103
Other Current Assets	-	-	-	8.30	5.30	19
Plant, Property, & Equipment, net	0.00	0.00	0.00	13	13	11
Total Noncurrent Assets	0.12	116	118	115	132	132
Goodwill	-	-	-	89	89	89
Intangible Assets	-	-	-	17	13	18
Noncurrent Deferred & Refundable Income Taxes	-	-	-	2.90	6.53	4.21
Other Noncurrent Operating Assets	0.12	116	118	5.87	23	20
Total Liabilities & Shareholders' Equity	0.62	117	118	390	341	361
Total Liabilities	0.60	5.30	3.10	310	253	258
Total Current Liabilities	0.60	0.44	2.41	301	148	173
Short-Term Debt	0.60	-	-	138	0.51	1.58
Accounts Payable	0.00	0.00	0.03	152	133	155
Accrued Expenses	-	0.44	1.64	9.34	9.37	9.55
Current Deferred Revenue	-	-	-	-	-	0.00
Other Current Liabilities	-	0.00	0.47	2.45	4.82	6.30
Total Noncurrent Liabilities	0.00	4.86	0.69	8.76	105	85
Long-Term Debt	-	-	-	0.00	80	65
Other Noncurrent Operating Liabilities	0.00	4.86	0.69	8.76	26	20
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	0.02	-4.37	-2.41	80	88	103
Total Preferred & Common Equity	0.02	-4.37	-2.41	80	88	103
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	0.02	-4.37	-2.41	80	88	103
Common Stock	0.03	0.00	0.00	45	48	49
Retained Earnings	-0.01	-4.37	-2.41	35	40	55
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-0.08	-0.08	-0.08

This table presents Alliance Entertainment's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	9/30/2024	12/31/2024	3/31/2025	9/30/2025	12/31/2025	3/31/2026
Total Assets	389	428	324	396	402	349	383	434	387
Total Current Assets	261	307	203	252	254	201	242	287	240
Cash & Equivalents	1.23	2.66	1.64	4.29	2.49	2.03	3.22	1.38	1.24
Accounts Receivable	94	184	88	102	147	95	94	149	93
Inventories, net	159	114	108	138	96	93	122	118	127
Other Current Assets	7.05	6.44	5.63	6.45	7.66	11	23	19	19
Plant, Property, & Equipment, net	13	13	14	13	12	12	11	11	11
Total Noncurrent Assets	115	109	108	131	136	136	130	136	136
Goodwill	89	89	89	89	89	89	89	94	94
Intangible Assets	16	15	14	13	18	19	18	20	19
Noncurrent Deferred & Refundable Income Taxes	4.13	1.09	1.88	7.50	7.50	7.50	4.21	4.21	4.21
Other Noncurrent Operating Assets	4.99	3.36	2.48	22	21	20	19	18	19
Total Liabilities & Shareholders' Equity	389	428	324	396	402	349	383	434	387
Total Liabilities	310	340	239	308	306	252	275	316	267
Total Current Liabilities	303	227	145	188	204	155	189	213	180
Short-Term Debt	136	3.76	2.81	0.51	3.21	3.66	1.58	1.58	1.58
Accounts Payable	155	212	133	176	190	140	174	188	158
Accrued Expenses	5.96	7.98	7.34	6.09	7.75	8.90	7.20	15	13
Current Deferred Revenue	-	-	-	-	-	-	-	1.30	1.30
Other Current Liabilities	6.19	2.54	2.78	5.08	2.95	3.00	6.40	6.48	6.03
Total Noncurrent Liabilities	7.22	113	93	120	102	97	86	104	87
Long-Term Debt	-	107	87	95	77	75	66	85	64
Other Noncurrent Operating Liabilities	7.22	5.99	6.12	24	25	22	20	19	23
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	79	89	85	88	96	97	108	118	120
Total Preferred & Common Equity	79	89	85	88	96	97	108	118	120
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	79	89	85	88	96	97	108	118	120
Common Stock	47	48	48	48	49	49	49	49	49
Retained Earnings	32	41	37	40	47	49	60	69	71
Accumulated Other Comprehensive Income / (Loss)	-0.08	-0.08	-0.08	-0.08	-0.08	-0.08	-0.08	-0.08	-0.08

This table displays calculated financial ratios and metrics derived from Alliance Entertainment's official financial filings.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
DEI Shares Outstanding	14,375,000.00	14,375,000.00	49,167,170.00	-	110,957,370.00
DEI Adjusted Shares Outstanding	14,375,000.00	14,375,000.00	49,167,170.00	-	110,957,370.00
DEI Earnings Per Adjusted Shares Outstanding	0.23	1.99	-0.72	-	0.14
Growth Metrics	-	-	-	-	-
Revenue Growth	0.00%	0.00%	-18.25%	-5.03%	-3.36%
EBITDA Growth	0.00%	1,462.25%	-151.37%	180.31%	72.84%
EBIT Growth	0.00%	1,201.76%	-177.79%	143.06%	107.68%
NOPAT Growth	0.00%	3,342.15%	-172.38%	252.51%	-30.52%
Net Income Growth	0.00%	782.16%	-223.71%	112.94%	229.14%
EPS Growth	0.00%	20.00%	-223.33%	112.16%	233.33%
Operating Cash Flow Growth	0.00%	-24,428.97%	104.05%	1,546.19%	-51.93%
Free Cash Flow Firm Growth	0.00%	0.00%	-545.07%	166.46%	-77.81%
Invested Capital Growth	0.00%	3.29%	88.74%	-22.13%	3.28%
Revenue Q/Q Growth	0.00%	153.50%	-34.09%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	1,827.29%	-204.66%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	1,539.28%	-283.60%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	1,646.82%	-228.52%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	1,128.85%	-833.24%	0.00%	0.00%
EPS Q/Q Growth	0.00%	372.73%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.25%	-59.68%	31.00%	4.16%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	-51.55%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.73%	1.16%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-
Gross Margin	0.00%	12.87%	8.97%	11.71%	12.49%
EBITDA Margin	0.00%	3.56%	-2.24%	1.89%	3.39%
Operating Margin	0.00%	2.97%	-2.83%	1.29%	2.83%
EBIT Margin	0.00%	2.97%	-2.83%	1.28%	2.75%
Profit (Net Income) Margin	0.00%	2.02%	-3.06%	0.42%	1.42%
Tax Burden Percent	100.00%	75.23%	79.63%	247.22%	80.60%
Interest Burden Percent	100.32%	90.37%	135.77%	13.14%	63.89%
Effective Tax Rate	0.00%	24.77%	0.00%	-147.22%	19.40%
Return on Invested Capital (ROIC)	0.00%	28.06%	-13.84%	18.16%	14.34%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	850.11%	-32.07%	-9.72%	1.88%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-2.79%	-22.61%	-12.68%	1.46%
Return on Equity (ROE)	5.80%	25.27%	-36.45%	5.48%	15.80%
Cash Return on Invested Capital (CROIC)	0.00%	24.82%	-75.31%	43.05%	11.12%
Operating Return on Assets (OROA)	0.00%	35.84%	-12.91%	3.86%	8.34%
Return on Assets (ROA)	0.00%	24.37%	-13.96%	1.25%	4.30%
Return on Common Equity (ROCE)	-0.23%	-0.76%	-14.47%	5.48%	15.80%
Return on Equity Simple (ROE_SIMPLE)	-74.29%	-1,185.36%	-44.51%	5.23%	0.00%
Net Operating Profit after Tax (NOPAT)	-0.98	32	-23	35	24
NOPAT Margin	0.00%	2.23%	-1.98%	3.18%	2.28%
Net Nonoperating Expense Percent (NNEP)	582.69%	-822.06%	18.23%	27.88%	12.46%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	14.02%
Cost of Revenue to Revenue	0.00%	87.13%	91.03%	88.29%	87.51%
SG&A Expenses to Revenue	0.00%	4.10%	5.10%	5.24%	5.27%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	0.00%	9.90%	11.80%	10.43%	9.66%
Earnings before Interest and Taxes (EBIT)	3.23	42	-33	14	29
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3.23	51	-26	21	36
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	1.58	1.74	4.05
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.10	0.11	0.14	0.39
Price to Earnings (P/E)	43.38	4.97	0.00	33.30	27.74
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.31%	20.13%	0.00%	3.00%	3.60%
Enterprise Value to Invested Capital (EV/IC)	2.31	2.26	1.21	1.39	2.83
Enterprise Value to Revenue (EV/Rev)	0.00	0.18	0.23	0.21	0.46
Enterprise Value to EBITDA (EV/EBITDA)	79.21	5.13	0.00	11.20	13.52
Enterprise Value to EBIT (EV/EBIT)	79.21	6.16	0.00	16.56	16.64
Enterprise Value to NOPAT (EV/NOPAT)	0.00	8.19	0.00	6.68	20.06
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	77.43	4.19	18.17
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	9.25	0.00	2.82	25.88
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.00	0.00	1.73	0.94	0.68
Long-Term Debt to Equity	0.00	0.00	0.00	0.91	0.63
Financial Leverage	-0.01	0.00	0.71	1.30	0.77
Leverage Ratio	1.05	1.04	2.61	4.37	3.68
Compound Leverage Factor	1.06	0.94	3.55	0.57	2.35
Debt to Total Capital	0.00%	0.00%	63.41%	48.36%	40.44%
Short-Term Debt to Total Capital	0.00%	0.00%	63.41%	1.47%	2.77%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	46.90%	37.66%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	103.91%	102.10%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-3.91%	-2.10%	36.59%	51.64%	59.56%
Debt to EBITDA	0.00	0.00	-5.31	3.94	1.95
Net Debt to EBITDA	0.00	0.00	-5.28	3.88	1.91
Long-Term Debt to EBITDA	0.00	0.00	0.00	3.82	1.81
Debt to NOPAT	0.00	0.00	-6.01	2.35	2.89
Net Debt to NOPAT	0.00	0.00	-5.98	2.32	2.83
Long-Term Debt to NOPAT	0.00	0.00	0.00	2.28	2.69
Altman Z-Score	15.97	40.64	2.94	4.06	4.55
Noncontrolling Interest Sharing Ratio	103.89%	102.99%	60.30%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-
Current Ratio	2.10	0.01	0.87	1.33	1.26
Quick Ratio	1.65	0.01	0.35	0.63	0.57
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	28	-125	83	19
Operating Cash Flow to CapEx	0.00%	-167,108.00%	410.67%	47,669.23%	68,741.03%
Free Cash Flow to Firm to Interest Expense	0.00	6.91	-10.65	6.77	1.78
Operating Cash Flow to Interest Expense	0.00	-20.60	0.29	4.55	2.54
Operating Cash Flow Less CapEx to Interest Expense	0.00	-20.61	0.22	4.54	2.53
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.00	12.07	4.57	3.01	3.03
Accounts Receivable Turnover	0.00	0.00	0.00	11.16	11.21
Inventory Turnover	0.00	0.00	0.00	7.96	9.29
Fixed Asset Turnover	0.00	0.00	0.00	83.49	87.77
Accounts Payable Turnover	0.00	0.00	13.91	6.82	6.45
Days Sales Outstanding (DSO)	0.00	0.00	0.00	32.72	32.56
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	45.87	39.28
Days Payable Outstanding (DPO)	0.00	0.00	26.24	53.50	56.58
Cash Conversion Cycle (CCC)	0.00	0.00	-26.24	25.08	15.25
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	111	115	216	169	172
Invested Capital Turnover	0.00	12.56	7.00	5.72	6.28
Increase / (Decrease) in Invested Capital	0.00	3.65	102	-48	5.46
Enterprise Value (EV)	256	259	262	233	487
Market Capitalization	141	142	125	153	418
Book Value per Share	($0.30)	($0.17)	$1.62	$1.72	$0.93
Tangible Book Value per Share	($0.30)	($0.17)	($0.55)	($0.29)	($0.04)
Total Capital	112	115	217	170	173
Total Debt	0.00	0.00	138	82	70
Total Long-Term Debt	0.00	0.00	0.00	80	65
Net Debt	-0.72	-0.02	137	81	69
Capital Expenditures (CapEx)	0.00	0.05	0.83	0.12	0.04
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-0.24	-2.41	97	50	49
Debt-free Net Working Capital (DFNWC)	0.48	-2.39	97	51	50
Net Working Capital (NWC)	0.48	-2.39	-40	48	45
Net Nonoperating Expense (NNE)	-4.22	3.05	12	30	9.21
Net Nonoperating Obligations (NNO)	-0.72	-0.02	137	81	69
Total Depreciation and Amortization (D&A)	0.00	8.42	6.80	6.74	6.74
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-0.17%	8.34%	4.51%	4.61%
Debt-free Net Working Capital to Revenue	0.00%	-0.17%	8.41%	4.61%	4.72%
Net Working Capital to Revenue	0.00%	-0.17%	-3.48%	4.39%	4.27%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.50	$0.40	($0.74)	$0.09	$0.30
Adjusted Weighted Average Basic Shares Outstanding	13.04M	14.38M	48.14M	50.83M	50.96M
Adjusted Diluted Earnings per Share	$0.50	$0.40	($0.74)	$0.09	$0.30
Adjusted Weighted Average Diluted Shares Outstanding	13.08M	14.38M	48.14M	50.84M	51.02M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	14.38M	109.17M	0.00	50.96M	110.96M
Normalized Net Operating Profit after Tax (NOPAT)	-0.68	31	-23	10	24
Normalized NOPAT Margin	0.00%	2.22%	-1.96%	0.92%	2.29%
Pre Tax Income Margin	0.00%	2.68%	-3.84%	0.17%	1.76%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	0.00	10.38	-2.80	1.15	2.77
NOPAT to Interest Expense	0.00	7.81	-1.96	2.85	2.30
EBIT Less CapEx to Interest Expense	0.00	10.37	-2.87	1.14	2.77
NOPAT Less CapEx to Interest Expense	0.00	7.80	-2.03	2.85	2.29
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	12.56%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Alliance Entertainment's official financial filings.

Metric	Q1 2023	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	49,167,170.00	50,965,970.00	50,930,770.00	-	-	110,957,370.00	110,957,370.00	110,957,370.00	-	110,957,370.00
DEI Adjusted Shares Outstanding	49,167,170.00	50,965,970.00	50,930,770.00	-	-	110,957,370.00	110,957,370.00	110,957,370.00	-	110,957,370.00
DEI Earnings Per Adjusted Shares Outstanding	-0.07	0.17	-0.07	-	-	0.02	0.05	0.04	-	0.02
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-29.23%	-4.40%	-7.25%	0.00%	-7.50%	0.87%	0.00%	10.91%	-6.34%	21.20%
EBITDA Growth	-98.78%	207.12%	116.76%	0.00%	-20.56%	624.97%	0.00%	190.73%	39.91%	-18.57%
EBIT Growth	-126.94%	189.81%	89.20%	0.00%	-23.57%	750.63%	0.00%	336.99%	34.09%	-19.27%
NOPAT Growth	-124.82%	189.81%	90.87%	0.00%	-1.06%	598.35%	0.00%	414.74%	12.62%	23.45%
Net Income Growth	-193.21%	157.45%	56.43%	0.00%	-20.68%	154.81%	0.00%	1,129.22%	32.77%	24.85%
EPS Growth	-187.50%	154.55%	56.25%	0.00%	-22.22%	157.14%	0.00%	900.00%	28.57%	25.00%
Operating Cash Flow Growth	-457.30%	0.00%	-59.14%	0.00%	0.00%	-87.69%	11.08%	123.37%	-165.46%	758.38%
Free Cash Flow Firm Growth	-3,306.75%	-178.73%	137.90%	0.00%	118.56%	-95.51%	0.00%	0.00%	-148.19%	-519.71%
Invested Capital Growth	89.26%	0.00%	-18.87%	0.00%	-11.86%	0.33%	0.00%	-4.03%	16.79%	5.99%
Revenue Q/Q Growth	-73.58%	0.00%	-50.37%	0.00%	71.92%	-45.88%	6.90%	11.51%	45.18%	-29.97%
EBITDA Q/Q Growth	-99.79%	0.00%	-94.54%	0.00%	275.73%	-50.14%	67.19%	-7.18%	80.82%	-70.98%
EBIT Q/Q Growth	-103.55%	0.00%	-104.99%	0.00%	489.32%	-57.52%	86.95%	-6.64%	80.84%	-74.42%
NOPAT Q/Q Growth	-102.49%	0.00%	-104.22%	0.00%	662.82%	-78.76%	226.75%	-0.87%	63.67%	-76.72%
Net Income Q/Q Growth	-110.97%	0.00%	-137.88%	0.00%	1,681.11%	-73.82%	211.13%	-15.26%	92.38%	-75.38%
EPS Q/Q Growth	-112.50%	0.00%	-138.89%	0.00%	1,300.00%	-71.43%	175.00%	-9.09%	80.00%	-72.22%
Operating Cash Flow Q/Q Growth	-3,177.53%	0.00%	0.00%	-240.50%	317.17%	-90.25%	335.57%	-74.65%	-707.83%	227.88%
Free Cash Flow Firm Q/Q Growth	-347.83%	0.00%	121.54%	0.00%	0.00%	-94.79%	-100.00%	0.00%	-211.46%	54.66%
Invested Capital Q/Q Growth	85.90%	0.00%	-11.66%	0.00%	-3.58%	0.55%	-1.22%	0.22%	17.34%	-8.75%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	11.58%	11.21%	13.26%	11.15%	10.74%	13.64%	15.79%	14.64%	12.77%	12.79%
EBITDA Margin	0.04%	4.10%	0.45%	1.61%	3.52%	3.24%	5.07%	4.22%	5.26%	2.18%
Operating Margin	-0.70%	3.76%	-0.32%	0.91%	3.76%	1.66%	4.27%	4.15%	4.69%	1.29%
EBIT Margin	-0.70%	3.77%	-0.38%	0.91%	3.11%	2.44%	4.27%	3.58%	4.46%	1.63%
Profit (Net Income) Margin	-1.53%	2.09%	-1.60%	0.17%	1.80%	0.87%	2.53%	1.92%	2.55%	0.90%
Tax Burden Percent	73.24%	70.17%	87.67%	-52.24%	75.02%	66.82%	79.18%	72.43%	72.35%	87.74%
Interest Burden Percent	297.86%	79.24%	481.50%	-36.56%	76.93%	53.22%	74.74%	74.17%	78.98%	62.68%
Effective Tax Rate	0.00%	29.83%	0.00%	0.00%	24.98%	33.18%	20.82%	27.57%	27.65%	12.26%
Return on Invested Capital (ROIC)	-3.98%	0.00%	0.00%	0.00%	0.00%	0.00%	20.91%	18.59%	19.20%	6.97%
ROIC Less NNEP Spread (ROIC-NNEP)	-7.48%	0.00%	0.00%	0.00%	0.00%	0.00%	18.08%	15.06%	15.37%	6.12%
Return on Net Nonoperating Assets (RNNOA)	-5.24%	0.00%	0.00%	0.00%	0.00%	0.00%	12.06%	11.97%	11.71%	3.98%
Return on Equity (ROE)	-9.22%	0.00%	0.00%	0.00%	0.00%	0.00%	32.97%	30.57%	30.92%	10.95%
Cash Return on Invested Capital (CROIC)	-45.69%	0.00%	0.00%	0.00%	0.00%	0.00%	10.94%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-3.67%	0.00%	0.00%	0.00%	0.00%	0.00%	12.94%	10.00%	11.34%	4.90%
Return on Assets (ROA)	-8.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.66%	5.37%	6.48%	2.69%
Return on Common Equity (ROCE)	-3.63%	0.00%	0.00%	0.00%	0.00%	0.00%	32.97%	30.57%	30.92%	10.95%
Return on Equity Simple (ROE_SIMPLE)	27.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-1.11	11	-0.47	1.46	11	2.36	7.71	7.64	13	2.91
NOPAT Margin	-0.49%	2.64%	-0.22%	0.64%	2.82%	1.11%	3.38%	3.01%	3.39%	1.13%
Net Nonoperating Expense Percent (NNEP)	3.50%	4.27%	2.66%	1.15%	4.34%	0.61%	2.83%	3.54%	3.83%	0.85%
Return On Investment Capital (ROIC_SIMPLE)	-	5.63%	-0.27%	-	6.32%	1.34%	4.45%	4.35%	6.14%	1.57%
Cost of Revenue to Revenue	88.42%	88.79%	86.74%	88.85%	89.26%	86.36%	84.21%	85.36%	87.23%	87.21%
SG&A Expenses to Revenue	6.37%	3.56%	6.60%	5.74%	3.51%	6.66%	6.52%	5.94%	4.50%	6.54%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	12.28%	7.45%	13.58%	10.24%	6.98%	11.98%	11.52%	10.49%	8.09%	11.50%
Earnings before Interest and Taxes (EBIT)	-1.59	16	-0.80	2.08	12	5.21	9.73	9.09	16	4.20
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	0.10	17	0.95	3.69	14	6.91	12	11	19	5.63
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.69	0.53	1.28	3.43	10.52	3.82	4.05	6.99	7.62	6.06
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	547.55	258.67	112.29
Price to Revenue (P/Rev)	0.04	0.00	0.00	0.00	0.00	0.00	0.39	0.69	0.84	0.66
Price to Earnings (P/E)	2.55	0.00	0.00	0.00	0.00	0.00	27.74	38.63	40.98	32.54
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	39.29%	0.00%	0.00%	0.00%	0.00%	0.00%	3.60%	2.59%	2.44%	3.07%
Enterprise Value to Invested Capital (EV/IC)	0.89	0.79	1.14	2.19	6.25	2.57	2.83	4.76	4.85	4.29
Enterprise Value to Revenue (EV/Rev)	0.14	0.00	0.00	0.00	0.00	0.00	0.46	0.75	0.92	0.71
Enterprise Value to EBITDA (EV/EBITDA)	4.44	0.00	0.00	0.00	0.00	0.00	13.52	19.04	20.20	16.73
Enterprise Value to EBIT (EV/EBIT)	5.46	0.00	0.00	0.00	0.00	0.00	16.64	22.59	24.25	20.06
Enterprise Value to NOPAT (EV/NOPAT)	7.24	0.00	0.00	0.00	0.00	0.00	20.06	28.48	32.52	25.70
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	2.21	4.79	0.00	25.02	17.42	18.17	19.92	0.00	43.83
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.72	1.25	1.06	1.09	0.84	0.81	0.68	0.62	0.73	0.55
Long-Term Debt to Equity	0.00	1.21	1.03	1.08	0.81	0.77	0.63	0.61	0.72	0.54
Financial Leverage	0.70	1.22	1.29	1.04	1.01	0.91	0.67	0.80	0.76	0.65
Leverage Ratio	2.64	4.84	4.21	4.49	4.51	3.69	3.68	3.97	3.92	3.39
Compound Leverage Factor	7.85	3.83	20.28	-1.64	3.47	1.96	2.75	2.94	3.10	2.12
Debt to Total Capital	63.29%	55.57%	51.43%	52.15%	45.63%	44.73%	40.44%	38.44%	42.28%	35.46%
Short-Term Debt to Total Capital	63.29%	1.89%	1.60%	0.28%	1.83%	2.07%	2.77%	0.90%	0.77%	0.85%
Long-Term Debt to Total Capital	0.00%	53.68%	49.83%	51.87%	43.80%	42.65%	37.66%	37.55%	41.50%	34.61%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	36.71%	44.43%	48.57%	47.85%	54.37%	55.27%	59.56%	61.56%	57.72%	64.54%
Debt to EBITDA	3.19	0.00	0.00	0.00	0.00	0.00	1.95	1.57	1.77	1.39
Net Debt to EBITDA	3.16	0.00	0.00	0.00	0.00	0.00	1.91	1.49	1.74	1.37
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	1.81	1.53	1.74	1.36
Debt to NOPAT	5.20	0.00	0.00	0.00	0.00	0.00	2.89	2.35	2.85	2.14
Net Debt to NOPAT	5.15	0.00	0.00	0.00	0.00	0.00	2.83	2.23	2.81	2.10
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	2.69	2.29	2.80	2.09
Altman Z-Score	3.48	0.00	0.00	0.00	0.00	0.00	4.37	4.95	4.70	4.98
Noncontrolling Interest Sharing Ratio	60.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.86	1.35	1.39	1.34	1.24	1.30	1.26	1.28	1.35	1.33
Quick Ratio	0.31	0.82	0.61	0.57	0.73	0.62	0.57	0.52	0.71	0.52
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-102	-185	40	0.00	34	1.79	0.00	15	-17	-7.52
Operating Cash Flow to CapEx	0.00%	0.00%	166,741.67%	-116,220.00%	0.00%	5,864.29%	536,400.00%	788.41%	-4,504.90%	8,069.47%
Free Cash Flow to Firm to Interest Expense	-32.38	-55.69	13.08	0.00	12.17	0.74	0.00	6.34	-4.80	-4.79
Operating Cash Flow to Interest Expense	-0.87	0.00	6.56	-4.09	8.93	1.01	4.34	1.16	-4.79	13.48
Operating Cash Flow Less CapEx to Interest Expense	-0.87	0.00	6.55	-4.10	8.93	0.99	4.34	1.01	-4.89	13.32
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	5.24	0.00	0.00	0.00	0.00	0.00	3.03	2.80	2.54	3.01
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	11.21	11.07	7.19	11.81
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	9.29	7.26	8.54	8.69
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	87.77	91.80	91.15	97.43
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	6.45	5.39	4.83	6.41
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	32.56	32.96	50.74	30.90
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	39.28	50.31	42.75	42.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	56.58	67.69	75.53	56.93
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	0.00	0.00	15.25	15.59	17.96	15.97
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	213	197	174	180	173	174	172	172	202	185
Invested Capital Turnover	8.12	0.00	0.00	0.00	0.00	0.00	6.18	6.18	5.66	6.18
Increase / (Decrease) in Invested Capital	101	197	-40	0.00	-23	0.57	0.00	-7.24	29	10
Enterprise Value (EV)	189	155	197	393	1,083	448	487	820	981	791
Market Capitalization	55	47	109	302	1,005	372	418	756	897	727
Book Value per Share	$1.60	$1.74	$1.67	$0.79	$0.86	$0.88	$0.93	$0.97	$1.06	$1.08
Tangible Book Value per Share	($0.54)	($0.31)	($0.36)	($0.12)	($0.11)	($0.10)	($0.04)	$0.01	$0.03	$0.06
Total Capital	214	199	175	184	176	176	173	176	204	186
Total Debt	136	111	90	96	80	79	70	68	86	66
Total Long-Term Debt	0.00	107	87	95	77	75	65	66	85	64
Net Debt	135	108	88	92	78	77	69	64	85	65
Capital Expenditures (CapEx)	0.00	0.00	0.01	0.01	0.00	0.04	0.00	0.35	0.37	0.26
Debt-free, Cash-free Net Working Capital (DFCFNWC)	93	81	58	60	50	48	49	52	74	60
Debt-free Net Working Capital (DFNWC)	94	84	60	64	52	50	50	55	76	62
Net Working Capital (NWC)	-41	80	57	64	49	46	45	53	74	60
Net Nonoperating Expense (NNE)	2.35	2.31	2.90	1.06	4.03	0.51	1.95	2.76	3.11	0.60
Net Nonoperating Obligations (NNO)	135	108	88	92	78	77	69	64	85	65
Total Depreciation and Amortization (D&A)	1.68	1.41	1.75	1.61	1.61	1.70	1.82	1.64	2.96	1.42
Debt-free, Cash-free Net Working Capital to Revenue	7.03%	0.00%	0.00%	0.00%	0.00%	0.00%	4.61%	4.74%	6.98%	5.44%
Debt-free Net Working Capital to Revenue	7.13%	0.00%	0.00%	0.00%	0.00%	0.00%	4.72%	5.03%	7.11%	5.55%
Net Working Capital to Revenue	-3.13%	0.00%	0.00%	0.00%	0.00%	0.00%	4.27%	4.89%	6.97%	5.41%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.07)	$0.18	($0.07)	$0.01	$0.14	$0.04	$0.11	$0.10	$0.18	$0.05
Adjusted Weighted Average Basic Shares Outstanding	50.50M	50.93M	50.93M	50.96M	50.96M	50.96M	50.96M	50.96M	50.96M	50.96M
Adjusted Diluted Earnings per Share	($0.07)	$0.18	($0.07)	$0.01	$0.14	$0.04	$0.11	$0.10	$0.18	$0.05
Adjusted Weighted Average Diluted Shares Outstanding	50.50M	50.93M	50.93M	50.97M	50.97M	50.97M	51.02M	51.00M	51.01M	51.03M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	50.97M	50.93M	50.93M	110.96M	110.96M	110.96M	110.96M	110.96M	110.96M	110.97M
Normalized Net Operating Profit after Tax (NOPAT)	-1.08	11	-0.38	1.48	11	2.36	7.71	7.62	13	2.91
Normalized NOPAT Margin	-0.48%	2.64%	-0.18%	0.65%	2.82%	1.11%	3.38%	3.00%	3.39%	1.13%
Pre Tax Income Margin	-2.08%	2.98%	-1.82%	-0.33%	2.39%	1.30%	3.19%	2.65%	3.52%	1.02%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.51	4.82	-0.26	0.73	4.33	2.14	3.93	3.87	4.76	2.68
NOPAT to Interest Expense	-0.35	3.37	-0.16	0.51	3.93	0.97	3.11	3.25	3.62	1.86
EBIT Less CapEx to Interest Expense	-0.51	0.00	-0.27	0.73	4.33	2.12	3.93	3.72	4.65	2.51
NOPAT Less CapEx to Interest Expense	-0.35	0.00	-0.16	0.51	3.93	0.95	3.11	3.11	3.51	1.69
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Alliance Entertainment (NASDAQ: AENT) shows a mixed but improving operating picture in the most recent quarter, though the balance sheet remains highly leveraged and working-capital intensive. Q3 2026 revenue declined sharply from the prior quarter, but profitability and operating cash flow improved versus the prior quarter’s weak result. Over the last four years, the company has moved from more volatile losses into periods of modest profitability, but it continues to carry a large debt load and substantial current liabilities.

Profitability improved year over year in Q3 2026. Net income was $2.3 million versus a $3.4 million loss in Q3 2025, showing a clear turnaround from the same period last year.
Operating cash flow was strong in Q3 2026. The company generated $21.1 million of operating cash flow, up from $2.5 million in Q3 2025.
Margins improved materially from the prior year. Q3 2026 gross margin was about 12.8% versus 13.6% in Q3 2025, while operating margin improved to about 1.3% from -0.3% a year earlier.
Equity rose modestly. Total common equity increased to $120.0 million in Q3 2026 from $97.4 million in Q3 2025, supported by retained earnings growth.
Revenue grew over the last year, but not consistently quarter to quarter. Q3 2026 revenue of $258.2 million was above Q3 2025’s $213.0 million, but below Q2 2026’s $368.7 million.
Inventory remains a major use of capital. Inventory was $126.7 million in Q3 2026, keeping a large amount of cash tied up in working capital.
Receivables and payables remain very large. Accounts receivable stood at $92.8 million and accounts payable at $158.5 million in Q3 2026, underscoring the company’s working-capital-heavy model.
Debt levels are still significant. Long-term debt was $64.3 million in Q3 2026, and total debt remains an important ongoing obligation despite recent repayments.
Liquidity remains tight. Cash and equivalents were only $1.2 million at the end of Q3 2026, which is thin relative to the company’s scale and obligations.
Current liabilities continue to exceed current assets. Q3 2026 current liabilities were $180.0 million versus current assets of $240.0 million, leaving little room for error given the size of payables and short-term obligations.

Longer-term trend: Alliance Entertainment’s results have been volatile, but the company has shown improvement from the weak periods seen in 2024 and early 2025. Revenue has generally been higher than a year ago, and profitability has improved versus prior losses. Still, the business remains exposed to leverage, low cash balances, and swings in working capital, which can quickly pressure results from quarter to quarter.

Bottom line: AENT looks operationally healthier than it did a year ago, but the stock likely still depends on continued execution, better cash generation, and disciplined debt management. The recent quarter was encouraging on earnings and cash flow, but the balance sheet keeps the risk profile elevated.

07/26/26 11:09 AM ETAI Generated. May Contain Errors.

Alliance Entertainment Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Alliance Entertainment's financial year ends in June. Their financial year 2025 ended on June 30, 2025.

Over the last 4 years, Alliance Entertainment's net income changed from $3.24 million in 2021 to $15.08 million in 2025, a change of 364.8%. Check out Alliance Entertainment's forecast to explore projected trends and price targets.

Alliance Entertainment's total operating income in 2025 was $30.14 million, based on the following breakdown:

Total Gross Profit: $132.85 million
Total Operating Expenses: $102.72 million

Over the last 4 years, Alliance Entertainment's total revenue changed from $0.00 in 2021 to $1.06 billion in 2025, a change of 106,345,700,000.0%.

Alliance Entertainment's total liabilities were at $258.01 million at the end of 2025, a 1.9% increase from 2024, and a 42,553.9% increase since 2020.

In the past 5 years, Alliance Entertainment's cash and equivalents has ranged from $17.96 thousand in 2022 to $1.24 million in 2025, and is currently $1.24 million as of their latest financial filing in 2025.

Over the last 4 years, Alliance Entertainment's book value per share changed from -0.30 in 2021 to 0.93 in 2025, a change of -406.2%.

Related Companies

Financial statements for NASDAQ:AENT last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Alliance Entertainment (AENT) Financials

Financials Breakdown Chart

Key Financial Trends

Alliance Entertainment Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Alliance Entertainment (AENT) Financials

Annual Income Statements for Alliance Entertainment

Quarterly Income Statements for Alliance Entertainment

Annual Cash Flow Statements for Alliance Entertainment

Quarterly Cash Flow Statements for Alliance Entertainment

Annual Balance Sheets for Alliance Entertainment

Quarterly Balance Sheets for Alliance Entertainment

Annual Metrics And Ratios for Alliance Entertainment

Quarterly Metrics And Ratios for Alliance Entertainment

Financials Breakdown Chart

Key Financial Trends

Alliance Entertainment Financials - Frequently Asked Questions

When does Alliance Entertainment's fiscal year end?

How has Alliance Entertainment's net income changed over the last 4 years?

What is Alliance Entertainment's operating income?

How has Alliance Entertainment's revenue changed over the last 4 years?

How much debt does Alliance Entertainment have?

How much cash does Alliance Entertainment have?

How has Alliance Entertainment's book value per share changed over the last 4 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools