Go Pro
→ Trump Takes Emergency Action - Plus Elon Musk's New Venture (From Altimetry) (Ad)tc pixel Free RSVRW Stock Alerts

Reservoir Media (RSVRW) Financials

$0.06 -0.01 (-13.43%)
As of 07/10/2026 03:58 PM Eastern
This is a fair market value price provided by Massive. Learn more.
Compare
Annual Income Statements for Reservoir Media

Annual Income Statements for Reservoir Media

This table shows Reservoir Media'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 2026
Period end date 3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 9.25 13 2.54 0.64 7.75 8.30
Consolidated Net Income / (Loss)		 9.30 13 2.78 0.84 7.73 7.83
Net Income / (Loss) Continuing Operations		 9.30 13 2.78 0.84 7.73 7.83
Total Pre-Tax Income 		11 17 8.40 1.17 9.87 11
Total Operating Income		 18 19 21 25 35 38
Total Gross Profit		 47 64 74 89 101 114
Total Revenue		 80 108 122 145 159 176
Operating Revenue		 80 108 122 145 159 176
Total Cost of Revenue		 33 44 48 55 57 62
Operating Cost of Revenue		 33 44 48 55 57 62
Total Operating Expenses		 29 44 53 65 66 75
Selling, General & Admin Expense		 15 25 31 40 40 45
Depreciation Expense		 14 19 22 25 26 31
Total Other Income / (Expense), net		 -6.88 -1.97 -13 -23 -25 -27
Interest Expense		 8.97 11 16 21 22 26
Other Income / (Expense), net		 2.08 8.90 3.02 -2.32 -3.31 -0.62
Income Tax Expense		 2.15 4.25 5.62 0.33 2.14 3.33
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.05 0.05 0.24 0.19 -0.02 -0.48
Basic Earnings per Share		 $0.21 $0.23 $0.04 $0.01 $0.12 $0.13
Weighted Average Basic Shares Outstanding		 28.37M 52.61M 64.34M 64.76M 65.16M 65.54M
Diluted Earnings per Share		 $0.21 $0.22 $0.04 $0.01 $0.12 $0.13
Weighted Average Diluted Shares Outstanding		 44.55M 58.45M 64.83M 65.26M 65.95M 66.31M
Weighted Average Basic & Diluted Shares Outstanding		 - 64.23M 64.54M 64.90M 65.30M 65.66M

Quarterly Income Statements for Reservoir Media

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

Metric Q4 2022 Q1 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q3 2026
Period end date 3/31/2022 6/30/2023 6/30/2024 9/30/2024 12/31/2023 3/31/2024 6/30/2025 9/30/2025 12/31/2024 3/31/2025 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 13 0.28 -0.35 0.19 -2.96 3.42 -0.56 2.26 5.24 0.80 2.20
Consolidated Net Income / (Loss)		 13 0.16 -0.45 0.15 -2.86 3.47 -0.64 2.20 5.31 0.86 2.20
Net Income / (Loss) Continuing Operations		 13 0.16 -0.45 0.15 -2.86 3.47 -0.64 2.20 5.31 0.86 2.20
Total Pre-Tax Income 		12 0.23 -0.75 -0.00 -4.09 5.03 -0.91 3.15 7.30 0.34 3.28
Total Operating Income		 6.87 3.14 4.96 10 6.52 6.95 5.45 11 9.56 9.37 10
Total Gross Profit		 12 18 21 26 22 22 24 29 27 21 29
Total Revenue		 20 32 34 41 35 37 37 45 42 34 46
Operating Revenue		 20 32 34 41 35 37 37 45 42 34 46
Total Cost of Revenue		 8.52 13 13 15 13 15 13 17 15 13 16
Operating Cost of Revenue		 8.52 13 13 15 13 15 13 17 15 13 16
Total Operating Expenses		 4.98 15 16 16 16 15 19 18 18 12 19
Selling, General & Admin Expense		 2.25 9.16 9.69 9.28 9.39 9.14 11 11 11 7.08 11
Depreciation Expense		 2.73 6.06 6.38 6.43 6.34 6.04 7.31 7.56 6.71 4.72 7.79
Total Other Income / (Expense), net		 4.86 -2.92 -5.71 -10 -11 -1.91 -6.36 -7.54 -2.26 -9.03 -7.05
Interest Expense		 -0.62 4.73 5.06 4.96 5.37 4.90 6.30 6.74 5.78 3.07 6.58
Other Income / (Expense), net		 4.24 1.82 -0.65 -5.16 -5.24 2.98 -0.07 -0.79 3.52 -5.96 -0.46
Income Tax Expense		 -0.96 0.06 -0.29 -0.15 -1.23 1.56 -0.27 0.95 1.99 -0.52 1.08
Net Income / (Loss) Attributable to Noncontrolling Interest		 -0.18 -0.11 -0.11 -0.03 0.10 0.05 -0.09 -0.05 0.07 0.06 0.01
Basic Earnings per Share		 - $0.00 ($0.01) $0.00 ($0.05) $0.06 ($0.01) $0.03 $0.08 $0.02 $0.03
Weighted Average Basic Shares Outstanding		 52.61M 64.57M 64.97M 65.19M 64.83M 64.76M 65.37M 65.57M 65.24M 65.16M 65.60M
Diluted Earnings per Share		 - $0.00 ($0.01) $0.00 ($0.05) $0.06 ($0.01) $0.03 $0.08 $0.02 $0.03
Weighted Average Diluted Shares Outstanding		 58.45M 65.00M 64.97M 65.84M 64.83M 65.26M 65.37M 66.27M 66.11M 65.95M 66.33M
Weighted Average Basic & Diluted Shares Outstanding		 64.23M 64.71M 65.08M 65.22M 64.82M 64.90M 65.56M 65.59M 65.23M 65.30M 65.60M

Annual Cash Flow Statements for Reservoir Media

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

Metric 2021 2022 2023 2024 2025 2026
Period end date 3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -49 8.60 -2.91 3.23 3.25 9.92
Net Cash From Operating Activities		 15 12 31 36 45 50
Net Cash From Continuing Operating Activities		 15 8.89 31 36 45 50
Net Income / (Loss) Continuing Operations		 9.30 13 2.78 0.84 7.73 7.83
Consolidated Net Income / (Loss)		 9.30 13 2.78 0.84 7.73 7.83
Depreciation Expense		 0.22 0.18 0.18 0.24 0.23 0.23
Amortization Expense		 14 19 22 26 27 32
Non-Cash Adjustments To Reconcile Net Income		 -3.07 -10 1.69 5.60 9.10 5.13
Changes in Operating Assets and Liabilities, net		 -5.59 -13 4.31 3.43 0.81 4.69
Net Cash From Investing Activities		 -119 -197 -72 -51 -97 -104
Net Cash From Continuing Investing Activities		 -119 -197 -72 -51 -97 -104
Purchase of Property, Plant & Equipment		 -0.08 -0.20 -0.41 -0.23 -0.08 -0.48
Acquisitions		 -119 -194 -72 -50 -98 -104
Divestitures		 - - - 0.00 0.95 0.00
Sale and/or Maturity of Investments		 - - - - 2.52 0.00
Other Investing Activities, net		 - - - 0.00 -2.52 0.00
Net Cash From Financing Activities		 47 197 38 18 55 64
Net Cash From Continuing Financing Activities		 47 197 38 18 55 64
Repayment of Debt		 -1.65 -159 -3.53 -16 -10 -20
Repurchase of Common Equity		 - - - - 0.00 -0.29
Payment of Dividends		 - - - 0.00 -0.15 0.00
Issuance of Debt		 41 134 42 34 66 86
Other Financing Activities, net		 0.30 222 -0.19 -0.40 -1.33 -1.37
Other Net Changes in Cash		 7.65 - - - 0.18 -0.11

Quarterly Cash Flow Statements for Reservoir Media

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

Metric Q4 2022 Q1 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 2026
Period end date 3/31/2022 6/30/2023 6/30/2024 9/30/2023 12/31/2023 3/31/2024 6/30/2025 9/30/2025 12/31/2024 3/31/2025 3/31/2026
Net Change in Cash & Equivalents		 9.40 -2.65 -1.77 7.43 -1.04 -1.38 -6.53 13 -6.86 3.56 11
Net Cash From Operating Activities		 -14 -0.86 8.56 10 3.55 14 6.01 19 7.80 12 12
Net Cash From Continuing Operating Activities		 -16 -0.72 8.56 10 3.81 14 5.64 19 8.02 12 12
Net Income / (Loss) Continuing Operations		 13 0.16 -0.45 1.30 -2.86 2.85 -0.64 2.20 3.45 2.72 4.06
Consolidated Net Income / (Loss)		 13 0.16 -0.45 1.30 -2.86 2.85 -0.64 2.20 3.45 2.72 4.06
Depreciation Expense		 0.04 0.06 0.06 0.06 0.06 0.06 0.05 0.05 0.07 0.05 0.06
Amortization Expense		 2.69 6.33 6.66 6.16 6.62 6.31 7.63 7.95 4.78 7.05 8.51
Non-Cash Adjustments To Reconcile Net Income		 -8.36 -0.42 1.86 -3.98 7.30 1.13 1.92 1.67 2.27 3.23 -0.15
Changes in Operating Assets and Liabilities, net		 -24 -6.85 0.42 6.52 -7.31 3.43 -3.32 7.56 -2.54 -0.89 -0.57
Net Cash From Investing Activities		 -151 -15 -1.90 -31 -15 -3.37 -9.66 -40 -22 -25 -4.30
Net Cash From Continuing Investing Activities		 -151 -15 -1.90 -31 -15 -3.57 -9.66 -40 -22 -25 -4.30
Purchase of Property, Plant & Equipment		 0.11 -0.09 -0.03 -0.11 -0.08 -0.01 -0.03 -0.13 0.10 -0.02 -0.19
Acquisitions		 -149 -15 -1.87 -31 -15 -3.56 -9.63 -40 -20 -27 -4.11
Net Cash From Financing Activities		 177 13 -8.41 28 9.99 -12 -2.51 34 7.03 16 3.00
Net Cash From Continuing Financing Activities		 177 13 -8.41 28 9.99 -12 -2.51 34 7.03 16 3.00
Repayment of Debt		 -156 -0.02 -10 9.97 -4.01 -12 -1.14 -5.00 -3.86 - -4.00
Payment of Dividends		 - - - - - - - - - - 0.29
Issuance of Debt		 110 14 3.00 17 14 - 0.00 39 11 16 7.00
Other Financing Activities, net		 222 -0.69 -1.41 1.01 - 0.00 -1.37 - 0.04 0.00 -0.00

Annual Balance Sheets for Reservoir Media

This table presents Reservoir Media'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 2022 2023 2024 2025 2026
Period end date 12/31/2020 3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026
Total Assets		 116 684 754 784 865 950
Total Current Assets		 1.09 59 67 71 79 93
Cash & Equivalents		 0.70 18 15 18 21 26
Accounts Receivable		 - 25 31 33 38 41
Other Current Assets		 - 12 15 20 20 26
Plant, Property, & Equipment, net		 0.00 0.34 0.57 0.55 0.41 0.66
Total Noncurrent Assets		 115 624 687 712 785 856
Long-Term Investments		 - 3.91 2.31 1.45 1.10 2.83
Intangible Assets		 - 571 617 640 720 789
Other Noncurrent Operating Assets		 115 49 67 70 65 65
Total Liabilities & Shareholders' Equity		 116 684 754 784 865 950
Total Liabilities		 0.21 337 404 429 499 571
Total Current Liabilities		 0.08 41 55 60 66 66
Accounts Payable		 - 4.44 6.68 9.02 5.39 4.12
Accrued Expenses		 - 23 35 42 50 55
Current Deferred Revenue		 - 1.10 2.15 1.16 1.89 2.47
Current Deferred & Payable Income Tax Liabilities		 - 0.08 0.20 0.44 0.80 0.55
Other Current Liabilities		 0.08 12 11 7.31 7.95 3.41
Total Noncurrent Liabilities		 0.13 296 350 369 433 506
Long-Term Debt		 - 270 311 331 388 456
Capital Lease Obligations		 - 0.00 7.07 6.72 5.72 7.45
Noncurrent Deferred & Payable Income Tax Liabilities		 - 25 31 30 38 42
Other Noncurrent Operating Liabilities		 0.13 1.01 0.79 0.69 1.00 0.63
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 5.00 347 350 354 366 379
Total Preferred & Common Equity		 5.00 346 348 353 365 378
Preferred Stock		 - 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 5.00 346 348 353 365 378
Common Stock		 5.12 335 338 341 344 347
Retained Earnings		 -0.12 12 15 15 23 31
Accumulated Other Comprehensive Income / (Loss)		 - -1.20 -4.86 -3.80 -2.42 -0.67
Noncontrolling Interest		 - 1.06 1.30 1.49 1.32 0.85

Quarterly Balance Sheets for Reservoir Media

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

Metric Q3 2022 Q1 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q3 2026
Period end date 12/31/2022 6/30/2023 6/30/2024 9/30/2024 12/31/2023 6/30/2025 9/30/2025 12/31/2024 12/31/2025
Total Assets		 720 767 768 778 787 857 904 832 942
Total Current Assets		 64 61 68 77 71 69 84 74 78
Cash & Equivalents		 17 12 16 21 20 15 28 18 21
Accounts Receivable		 27 32 32 36 31 35 36 35 37
Other Current Assets		 14 12 13 13 14 20 20 22 20
Plant, Property, & Equipment, net		 0.51 0.60 0.52 0.49 0.60 0.39 0.46 0.44 0.53
Total Noncurrent Assets		 656 705 700 701 716 787 819 758 864
Long-Term Investments		 2.27 2.34 1.36 1.56 1.57 2.62 2.58 0.60 2.58
Intangible Assets		 588 628 635 637 645 722 752 693 797
Other Noncurrent Operating Assets		 66 75 64 62 70 63 64 64 64
Total Liabilities & Shareholders' Equity		 720 767 768 778 787 857 904 832 942
Total Liabilities		 375 416 414 419 436 487 531 472 567
Total Current Liabilities		 47 52 53 56 56 54 62 62 66
Accounts Payable		 5.91 4.88 5.12 4.24 7.38 3.76 4.09 5.41 5.85
Accrued Expenses		 33 34 40 46 39 43 50 44 49
Current Deferred Revenue		 2.74 1.46 1.10 2.78 1.94 2.74 5.01 2.38 4.06
Current Deferred & Payable Income Tax Liabilities		 1.63 0.21 0.54 0.10 0.00 0.68 0.00 0.10 0.01
Other Current Liabilities		 3.70 11 6.37 2.95 8.08 3.89 3.28 10 6.20
Total Noncurrent Liabilities		 328 364 361 363 380 433 469 410 501
Long-Term Debt		 292 326 324 324 342 387 422 372 452
Capital Lease Obligations		 7.33 6.85 6.43 6.12 6.98 5.49 6.65 5.92 7.19
Noncurrent Deferred & Payable Income Tax Liabilities		 28 31 30 31 30 39 40 32 41
Other Noncurrent Operating Liabilities		 0.80 0.69 0.47 1.80 0.59 1.16 1.22 0.60 1.17
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 345 352 354 359 351 370 372 361 375
Total Preferred & Common Equity		 344 350 353 358 350 369 371 360 374
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 344 350 353 358 350 369 371 360 374
Common Stock		 338 339 342 343 341 345 346 343 346
Retained Earnings		 12 15 15 15 13 23 25 20 27
Accumulated Other Comprehensive Income / (Loss)		 -6.48 -3.72 -3.76 -0.01 -3.53 1.63 0.52 -4.39 0.48
Noncontrolling Interest		 1.29 1.19 1.38 1.35 1.43 1.23 1.18 1.27 1.19

Annual Metrics And Ratios for Reservoir Media

This table displays calculated financial ratios and metrics derived from Reservoir Media's official financial filings.

Metric 2021 2022 2023 2024 2025 2026
Period end date 3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - 65,232,557.00 65,600,219.00
DEI Adjusted Shares Outstanding		 - - - - 65,232,557.00 65,600,219.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - 0.12 0.13
Growth Metrics		 - - - - - -
Revenue Growth		 0.00% 34.39% 13.40% 18.46% 9.56% 10.69%
EBITDA Growth		 0.00% 37.10% -2.38% 2.37% 22.26% 18.02%
EBIT Growth		 0.00% 38.46% -14.79% -7.54% 42.66% 18.42%
NOPAT Growth		 0.00% -1.83% -52.36% 152.08% 56.41% -2.31%
Net Income Growth		 0.00% 41.17% -78.83% -69.88% 823.42% 1.23%
EPS Growth		 0.00% 4.76% -81.82% -75.00% 1,100.00% 8.33%
Operating Cash Flow Growth		 0.00% -15.20% 150.06% 15.99% 25.11% 10.73%
Free Cash Flow Firm Growth		 0.00% 0.00% 91.66% 92.08% -882.21% -28.80%
Invested Capital Growth		 0.00% 0.00% 9.31% 3.29% 9.69% 10.22%
Revenue Q/Q Growth		 0.00% 13.51% 0.00% 0.00% -0.37% 0.00%
EBITDA Q/Q Growth		 0.00% 16.84% 0.00% 0.00% -11.74% 0.00%
EBIT Q/Q Growth		 0.00% 18.39% 0.00% 0.00% -20.72% 0.00%
NOPAT Q/Q Growth		 0.00% 51.74% 0.00% 0.00% 36.97% 0.00%
Net Income Q/Q Growth		 0.00% 140.39% 0.00% 0.00% -28.88% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% -29.41% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% -55.54% 0.00% 0.00% -3.43% -0.52%
Free Cash Flow Firm Q/Q Growth		 0.00% -777.01% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 -100.00% -4.72% 0.00% 0.00% 2.42% 0.00%
Profitability Metrics		 - - - - - -
Gross Margin		 59.06% 59.03% 60.76% 61.70% 63.81% 64.71%
EBITDA Margin		 42.97% 43.84% 37.74% 32.62% 37.43% 39.91%
Operating Margin		 22.84% 17.95% 17.22% 16.97% 22.09% 21.76%
EBIT Margin		 25.43% 26.20% 19.69% 15.37% 20.01% 21.41%
Profit (Net Income) Margin		 11.59% 12.17% 2.27% 0.58% 4.87% 4.46%
Tax Burden Percent		 81.25% 75.53% 33.07% 71.43% 78.32% 70.16%
Interest Burden Percent		 56.10% 61.52% 34.91% 5.27% 31.09% 29.66%
Effective Tax Rate		 18.75% 24.47% 66.93% 28.57% 21.68% 29.84%
Return on Invested Capital (ROIC)		 0.00% 4.91% 1.12% 2.65% 3.89% 3.46%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 3.71% -0.41% -2.75% -1.83% -1.26%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 2.65% -0.32% -2.42% -1.75% -1.36%
Return on Equity (ROE)		 0.00% 7.56% 0.80% 0.24% 2.15% 2.10%
Cash Return on Invested Capital (CROIC)		 0.00% -195.09% -7.78% -0.58% -5.35% -6.26%
Operating Return on Assets (OROA)		 0.00% 4.13% 3.35% 2.90% 3.85% 4.14%
Return on Assets (ROA)		 0.00% 1.92% 0.39% 0.11% 0.94% 0.86%
Return on Common Equity (ROCE)		 0.00% 7.53% 0.79% 0.24% 2.14% 2.10%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 3.79% 0.80% 0.24% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 15 15 6.96 18 27 27
NOPAT Margin		 18.56% 13.55% 5.70% 12.12% 17.30% 15.27%
Net Nonoperating Expense Percent (NNEP)		 0.00% 1.20% 1.52% 5.40% 5.72% 4.72%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - 3.61% 3.19%
Cost of Revenue to Revenue		 40.94% 40.97% 39.24% 38.30% 36.19% 35.29%
SG&A Expenses to Revenue		 18.68% 23.44% 25.49% 27.49% 25.15% 25.42%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 36.22% 41.08% 43.54% 44.74% 41.72% 42.95%
Earnings before Interest and Taxes (EBIT)		 20 28 24 22 32 38
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 34 47 46 47 59 70
Valuation Ratios		 - - - - - -
Price to Book Value (P/BV)		 0.00 1.82 1.21 1.46 1.36 1.70
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 1.24 5.85 3.43 3.55 3.14 3.66
Price to Earnings (P/E)		 10.71 48.21 165.32 797.04 64.22 77.35
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 9.34% 2.07% 0.60% 0.13% 1.56% 1.29%
Enterprise Value to Invested Capital (EV/IC)		 0.00 1.48 1.11 1.24 1.18 1.33
Enterprise Value to Revenue (EV/Rev)		 0.00 8.16 5.91 5.75 5.48 6.13
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 18.61 15.65 17.64 14.65 15.37
Enterprise Value to EBIT (EV/EBIT)		 0.00 31.14 30.01 37.44 27.41 28.65
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 60.18 103.73 47.48 31.70 40.17
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 70.49 23.15 23.03 19.22 21.49
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - -
Debt to Equity		 0.00 0.78 0.91 0.95 1.08 1.22
Long-Term Debt to Equity		 0.00 0.78 0.91 0.95 1.08 1.22
Financial Leverage		 0.00 0.71 0.79 0.88 0.96 1.08
Leverage Ratio		 0.00 1.97 2.06 2.18 2.29 2.44
Compound Leverage Factor		 0.00 1.21 0.72 0.12 0.71 0.72
Debt to Total Capital		 0.00% 43.72% 47.67% 48.77% 51.82% 55.02%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 43.72% 47.67% 48.77% 51.82% 55.02%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.17% 0.19% 0.22% 0.17% 0.10%
Common Equity to Total Capital		 0.00% 56.11% 52.13% 51.01% 48.01% 44.88%
Debt to EBITDA		 0.00 5.71 6.90 7.14 6.63 6.61
Net Debt to EBITDA		 0.00 5.25 6.53 6.73 6.25 6.20
Long-Term Debt to EBITDA		 0.00 5.71 6.90 7.14 6.63 6.61
Debt to NOPAT		 0.00 18.46 45.74 19.23 14.34 17.27
Net Debt to NOPAT		 0.00 16.97 43.27 18.11 13.53 16.19
Long-Term Debt to NOPAT		 0.00 18.46 45.74 19.23 14.34 17.27
Altman Z-Score		 0.00 1.47 0.94 1.04 0.96 1.07
Noncontrolling Interest Sharing Ratio		 0.00% 0.30% 0.34% 0.40% 0.39% 0.29%
Liquidity Ratios		 - - - - - -
Current Ratio		 0.00 1.45 1.22 1.17 1.20 1.41
Quick Ratio		 0.00 1.05 0.85 0.85 0.90 1.02
Cash Flow Metrics		 - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -581 -48 -3.84 -38 -49
Operating Cash Flow to CapEx		 18,416.32% 6,153.93% 7,678.04% 16,037.32% 55,531.76% 10,402.49%
Free Cash Flow to Firm to Interest Expense		 0.00 -53.44 -3.09 -0.18 -1.72 -1.84
Operating Cash Flow to Interest Expense		 1.64 1.15 1.99 1.72 2.07 1.90
Operating Cash Flow Less CapEx to Interest Expense		 1.63 1.13 1.97 1.71 2.07 1.88
Efficiency Ratios		 - - - - - -
Asset Turnover		 0.00 0.16 0.17 0.19 0.19 0.19
Accounts Receivable Turnover		 0.00 4.28 4.33 4.49 4.47 4.47
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 315.25 268.64 258.73 331.26 328.72
Accounts Payable Turnover		 0.00 9.96 8.63 7.07 7.97 13.04
Days Sales Outstanding (DSO)		 0.00 85.33 84.27 81.24 81.73 81.74
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 36.65 42.28 51.63 45.79 28.00
Cash Conversion Cycle (CCC)		 0.00 48.68 41.99 29.61 35.94 53.74
Capital & Investment Metrics		 - - - - - -
Invested Capital		 0.00 596 651 672 738 813
Invested Capital Turnover		 0.00 0.36 0.20 0.22 0.23 0.23
Increase / (Decrease) in Invested Capital		 0.00 596 55 21 65 75
Enterprise Value (EV)		 0.00 880 722 833 870 1,077
Market Capitalization		 99 630 420 514 498 642
Book Value per Share		 $0.00 $5.40 $5.41 $5.45 $5.59 $5.76
Tangible Book Value per Share		 $0.00 ($3.51) ($4.18) ($4.43) ($5.44) ($6.27)
Total Capital		 0.00 617 668 692 760 842
Total Debt		 0.00 270 319 338 394 463
Total Long-Term Debt		 0.00 270 319 338 394 463
Net Debt		 0.00 248 301 318 371 434
Capital Expenditures (CapEx)		 0.08 0.20 0.41 0.23 0.08 0.48
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 0.56 -2.64 -7.60 -7.94 1.07
Debt-free Net Working Capital (DFNWC)		 0.00 18 12 11 13 27
Net Working Capital (NWC)		 0.00 18 12 11 13 27
Net Nonoperating Expense (NNE)		 5.59 1.49 4.18 17 20 19
Net Nonoperating Obligations (NNO)		 0.00 248 301 318 371 434
Total Depreciation and Amortization (D&A)		 14 19 22 25 28 32
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.52% -2.16% -5.24% -5.00% 0.61%
Debt-free Net Working Capital to Revenue		 0.00% 17.04% 10.03% 7.27% 8.47% 15.37%
Net Working Capital to Revenue		 0.00% 17.04% 10.03% 7.27% 8.47% 15.37%
Earnings Adjustments		 - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.23 $0.04 $0.01 $0.12 $0.13
Adjusted Weighted Average Basic Shares Outstanding		 0.00 52.61M 64.34M 64.76M 65.16M 65.54M
Adjusted Diluted Earnings per Share		 $0.00 $0.22 $0.04 $0.01 $0.12 $0.13
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 58.45M 64.83M 65.26M 65.95M 66.31M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 64.23M 64.54M 64.90M 65.30M 65.66M
Normalized Net Operating Profit after Tax (NOPAT)		 15 15 15 18 27 27
Normalized NOPAT Margin		 18.56% 13.55% 12.05% 12.12% 17.30% 15.27%
Pre Tax Income Margin		 14.26% 16.12% 6.87% 0.81% 6.22% 6.35%
Debt Service Ratios		 - - - - - -
EBIT to Interest Expense		 2.27 2.60 1.54 1.06 1.45 1.42
NOPAT to Interest Expense		 1.66 1.34 0.44 0.83 1.25 1.01
EBIT Less CapEx to Interest Expense		 2.27 2.58 1.51 1.04 1.45 1.40
NOPAT Less CapEx to Interest Expense		 1.65 1.33 0.42 0.82 1.25 1.00
Payout Ratios		 - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 1.94% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 1.94% 3.68%

Quarterly Metrics And Ratios for Reservoir Media

This table displays calculated financial ratios and metrics derived from Reservoir Media's official financial filings.

Metric Q4 2022 Q1 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q3 2026
Period end date 3/31/2022 6/30/2023 6/30/2024 9/30/2023 12/31/2023 3/31/2024 6/30/2025 9/30/2025 12/31/2024 3/31/2025 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 170.54% 31.13% 7.79% 0.00% 0.00% 0.00% 8.30% 11.72% 19.25% -1.72% 7.72%
EBITDA Growth		 97.05% 35.77% -2.80% 0.00% 0.00% 0.00% 18.44% 52.62% 148.54% -42.90% -1.49%
EBIT Growth		 65.36% 65.45% -13.07% 0.00% 0.00% 0.00% 24.79% 99.46% 918.20% -70.90% -24.55%
NOPAT Growth		 11.36% 127.53% 52.28% 0.00% 0.00% 0.00% 9.78% 5.48% 52.36% 1,108.55% -0.32%
Net Income Growth		 152.59% 878.26% -375.40% 0.00% 0.00% 0.00% -42.05% 1,350.01% 285.62% -78.51% -58.52%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 260.00% -71.43% -62.50%
Operating Cash Flow Growth		 -836.50% -147.77% 1,093.31% 0.00% 0.00% 0.00% -29.71% 44.87% 0.00% -11.68% 0.00%
Free Cash Flow Firm Growth		 0.00% 70.29% 109.62% 0.00% 0.00% 0.00% -1,356.83% 0.00% 0.00% 0.00% -150.26%
Invested Capital Growth		 0.00% 10.53% -0.37% 0.00% 0.00% 0.00% 11.72% 15.41% 5.96% 9.69% 12.63%
Revenue Q/Q Growth		 -31.96% 56.33% 0.00% 11.89% -7.61% 3.35% 8.05% 22.25% 0.00% -20.10% 0.00%
EBITDA Q/Q Growth		 38.03% -17.96% 0.00% 17.39% -38.52% 113.74% -29.03% 36.95% 0.00% -41.34% 0.00%
EBIT Q/Q Growth		 148.06% -55.33% 0.00% 56.15% -80.93% 673.24% -54.02% 83.84% 0.00% -73.95% 0.00%
NOPAT Q/Q Growth		 130.81% -69.31% 0.00% 23.96% 6.05% 4.90% 92.80% 96.03% 0.00% 243.60% 0.00%
Net Income Q/Q Growth		 412.11% -98.70% 0.00% 250.57% -519.35% 221.25% -116.09% 442.36% 0.00% -83.81% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 200.00% -600.00% 220.00% -114.29% 400.00% 0.00% -75.00% 0.00%
Operating Cash Flow Q/Q Growth		 -194.15% 93.72% 0.00% 20.40% -65.54% 288.28% -56.37% 220.76% 0.00% 56.09% 0.00%
Free Cash Flow Firm Q/Q Growth		 -709.48% 89.54% 0.00% -100.00% 0.00% 0.00% 0.00% -28.17% 0.00% -22.90% 0.00%
Invested Capital Q/Q Growth		 -4.72% 12.45% 0.00% -0.01% 1.86% -1.06% 10.87% 3.30% 0.00% 2.42% 0.00%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 58.16% 57.69% 61.30% 62.39% 62.73% 60.36% 64.50% 63.61% 64.38% 62.62% 64.45%
EBITDA Margin		 67.93% 35.65% 32.15% 33.73% 22.44% 44.46% 35.16% 39.39% 46.78% 31.10% 38.74%
Operating Margin		 33.72% 9.88% 14.46% 16.00% 18.38% 18.95% 14.66% 23.52% 22.59% 27.72% 22.66%
EBIT Margin		 54.53% 15.58% 12.57% 17.54% 3.62% 27.08% 14.48% 21.77% 30.91% 10.08% 21.65%
Profit (Net Income) Margin		 62.32% 0.52% -1.32% 1.78% -8.07% 9.46% -1.73% 4.85% 12.56% 2.54% 4.83%
Tax Burden Percent		 108.22% 72.52% 60.65% 70.06% 69.99% 68.93% 70.37% 69.94% 72.77% 255.07% 67.14%
Interest Burden Percent		 105.61% 4.57% -17.33% 14.46% -318.34% 50.69% -17.00% 31.85% 55.82% 9.90% 33.26%
Effective Tax Rate		 -8.22% 27.48% 0.00% 29.94% 0.00% 31.07% 0.00% 30.06% 27.23% -155.07% 32.86%
Return on Invested Capital (ROIC)		 13.21% 1.30% 1.89% 0.00% 0.00% 2.81% 2.15% 3.49% 0.00% 15.92% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 17.45% 0.57% 0.64% 0.00% 0.00% 2.40% 0.85% 2.00% 0.00% 9.23% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 12.46% 0.47% 0.58% 0.00% 0.00% 2.15% 0.81% 1.93% 0.00% 8.83% 0.00%
Return on Equity (ROE)		 25.68% 1.77% 2.46% 0.00% 0.00% 4.97% 2.95% 5.42% 0.00% 24.75% 0.00%
Cash Return on Invested Capital (CROIC)		 -195.09% -7.50% 1.36% 0.00% 0.00% -0.57% -8.79% 0.00% 0.00% -5.35% 0.00%
Operating Return on Assets (OROA)		 8.59% 2.48% 2.04% 0.00% 0.00% 5.10% 2.63% 3.95% 0.00% 1.94% 0.00%
Return on Assets (ROA)		 9.82% 0.08% -0.21% 0.00% 0.00% 1.78% -0.31% 0.88% 0.00% 0.49% 0.00%
Return on Common Equity (ROCE)		 25.60% 1.76% 2.46% 0.00% 0.00% 4.95% 2.94% 5.40% 0.00% 24.65% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 3.79% 0.61% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 7.43 2.28 3.47 4.31 4.57 4.79 3.81 7.47 6.96 24 6.93
NOPAT Margin		 36.49% 7.16% 10.12% 11.21% 12.87% 13.06% 10.26% 16.45% 16.44% 70.70% 15.22%
Net Nonoperating Expense Percent (NNEP)		 -4.24% 0.73% 1.24% 1.18% 2.26% 0.42% 1.30% 1.49% 0.48% 6.69% 1.19%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - 0.65% - 0.50% 0.93% 0.94% 3.14% 0.83%
Cost of Revenue to Revenue		 41.84% 42.31% 38.70% 37.61% 37.27% 39.64% 35.50% 36.39% 35.62% 37.38% 35.55%
SG&A Expenses to Revenue		 11.04% 28.79% 28.24% 30.20% 26.47% 24.93% 30.17% 23.46% 25.92% 20.95% 24.70%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 24.44% 47.81% 46.84% 46.38% 44.35% 41.42% 49.85% 40.09% 41.79% 34.90% 41.79%
Earnings before Interest and Taxes (EBIT)		 11 4.96 4.31 6.73 1.28 9.93 5.38 9.89 13 3.41 9.87
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 14 11 11 13 7.96 16 13 18 20 11 18
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.82 1.11 1.45 1.10 1.32 1.46 1.36 1.44 1.64 1.36 1.33
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 5.85 3.37 4.11 0.00 0.00 3.55 3.39 3.50 0.00 3.14 0.00
Price to Earnings (P/E)		 48.21 29.26 267.70 0.00 0.00 797.04 1,148.96 212.71 0.00 64.22 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 2.07% 3.42% 0.37% 0.00% 0.00% 0.13% 0.09% 0.47% 0.00% 1.56% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.48 1.06 1.24 1.06 1.17 1.24 1.18 1.21 1.32 1.18 1.15
Enterprise Value to Revenue (EV/Rev)		 8.16 6.13 6.63 0.00 0.00 5.75 5.94 6.12 0.00 5.48 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 18.61 14.08 18.04 0.00 0.00 17.64 17.33 16.43 0.00 14.65 0.00
Enterprise Value to EBIT (EV/EBIT)		 31.14 23.42 35.30 0.00 0.00 37.44 37.61 33.00 0.00 27.41 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 60.18 44.27 124.25 0.00 0.00 47.48 54.38 56.06 0.00 31.70 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 70.49 72.12 20.36 0.00 0.00 23.03 26.08 23.54 20.28 19.22 18.53
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 90.85 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.78 0.95 0.93 0.92 0.99 0.95 1.06 1.15 1.05 1.08 1.23
Long-Term Debt to Equity		 0.78 0.95 0.93 0.92 0.99 0.95 1.06 1.15 1.05 1.08 1.23
Financial Leverage		 0.71 0.84 0.89 0.86 0.93 0.90 0.95 0.97 0.97 0.96 1.08
Leverage Ratio		 1.97 2.09 2.17 2.17 2.24 2.18 2.24 2.30 2.27 2.29 2.41
Compound Leverage Factor		 2.08 0.10 -0.38 0.31 -7.14 1.11 -0.38 0.73 1.27 0.23 0.80
Debt to Total Capital		 43.72% 48.61% 48.26% 47.92% 49.87% 48.77% 51.49% 53.52% 51.15% 51.82% 55.07%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 43.72% 48.61% 48.26% 47.92% 49.87% 48.77% 51.49% 53.52% 51.15% 51.82% 55.07%
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% 0.00%
Noncontrolling Interests to Total Capital		 0.17% 0.17% 0.20% 0.20% 0.20% 0.22% 0.16% 0.15% 0.17% 0.17% 0.14%
Common Equity to Total Capital		 56.11% 51.22% 51.54% 51.88% 49.93% 51.01% 48.35% 46.33% 48.68% 48.01% 44.78%
Debt to EBITDA		 5.71 6.62 7.21 0.00 0.00 7.14 7.76 7.54 0.00 6.63 0.00
Net Debt to EBITDA		 5.25 6.33 6.83 0.00 0.00 6.73 7.42 7.01 0.00 6.25 0.00
Long-Term Debt to EBITDA		 5.71 6.62 7.21 0.00 0.00 7.14 7.76 7.54 0.00 6.63 0.00
Debt to NOPAT		 18.46 20.81 49.67 0.00 0.00 19.23 24.35 25.75 0.00 14.34 0.00
Net Debt to NOPAT		 16.97 19.89 47.01 0.00 0.00 18.11 23.26 23.92 0.00 13.53 0.00
Long-Term Debt to NOPAT		 18.46 20.81 49.67 0.00 0.00 19.23 24.35 25.75 0.00 14.34 0.00
Altman Z-Score		 1.39 0.78 0.98 0.00 0.00 0.99 0.87 0.87 0.00 0.85 0.00
Noncontrolling Interest Sharing Ratio		 0.30% 0.31% 0.36% 0.00% 0.00% 0.40% 0.36% 0.35% 0.00% 0.39% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.45 1.19 1.28 1.37 1.26 1.17 1.29 1.35 1.20 1.20 1.19
Quick Ratio		 1.05 0.86 0.92 1.02 0.89 0.85 0.92 1.03 0.85 0.90 0.88
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -588 -62 5.92 0.00 0.00 0.00 -74 -95 -34 -41 -84
Operating Cash Flow to CapEx		 0.00% -939.71% 32,039.04% 9,606.84% 4,320.86% 143,926.79% 17,894.97% 15,366.05% 0.00% 49,354.19% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 -13.00 1.17 0.00 0.00 0.00 -11.82 -14.15 -5.81 -13.44 -12.76
Operating Cash Flow to Interest Expense		 0.00 -0.18 1.69 1.79 0.66 2.82 0.96 2.86 0.00 3.97 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 -0.20 1.69 1.77 0.65 2.81 0.95 2.84 0.00 3.96 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.16 0.16 0.16 0.00 0.00 0.19 0.18 0.18 0.00 0.19 0.00
Accounts Receivable Turnover		 4.28 4.01 3.89 0.00 0.00 4.49 4.43 4.23 0.00 4.47 0.00
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 315.25 240.02 222.37 0.00 0.00 258.73 325.01 321.07 0.00 331.26 0.00
Accounts Payable Turnover		 9.96 9.32 9.55 0.00 0.00 7.07 12.47 13.72 0.00 7.97 0.00
Days Sales Outstanding (DSO)		 85.33 91.12 93.76 0.00 0.00 81.24 82.48 86.33 0.00 81.73 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 36.65 39.17 38.21 0.00 0.00 51.63 29.26 26.61 0.00 45.79 0.00
Cash Conversion Cycle (CCC)		 48.68 51.95 55.55 0.00 0.00 29.61 53.22 59.72 0.00 35.94 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 596 670 667 667 680 672 745 770 720 738 811
Invested Capital Turnover		 0.36 0.18 0.19 0.00 0.00 0.22 0.21 0.21 0.00 0.23 0.00
Increase / (Decrease) in Invested Capital		 596 64 -2.45 0.00 0.00 0.00 78 103 41 65 91
Enterprise Value (EV)		 880 708 827 704 792 833 877 933 951 870 934
Market Capitalization		 630 389 513 395 462 514 501 534 590 498 497
Book Value per Share		 $5.40 $5.43 $5.44 $5.53 $5.40 $5.45 $5.65 $5.66 $5.51 $5.59 $5.70
Tangible Book Value per Share		 ($3.51) ($4.30) ($4.34) ($4.32) ($4.55) ($4.43) ($5.40) ($5.82) ($5.12) ($5.44) ($6.46)
Total Capital		 617 684 685 690 701 692 763 801 738 760 834
Total Debt		 270 333 331 331 349 338 393 428 378 394 459
Total Long-Term Debt		 270 333 331 331 349 338 393 428 378 394 459
Net Debt		 248 318 313 308 328 318 375 398 359 371 436
Capital Expenditures (CapEx)		 -0.11 0.09 0.03 0.11 0.08 0.01 0.03 0.13 0.00 0.02 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.56 -2.54 -1.52 -0.10 -5.07 -7.60 0.91 -6.10 -5.48 -7.94 -8.38
Debt-free Net Working Capital (DFNWC)		 18 9.71 15 21 14 11 16 22 12 13 12
Net Working Capital (NWC)		 18 9.71 15 21 14 11 16 22 12 13 12
Net Nonoperating Expense (NNE)		 -5.26 2.12 3.93 3.62 7.43 1.32 4.46 5.27 1.64 23 4.73
Net Nonoperating Obligations (NNO)		 248 318 313 308 328 318 375 398 359 371 436
Total Depreciation and Amortization (D&A)		 2.73 6.39 6.72 6.22 6.68 6.37 7.69 8.00 6.71 7.11 7.79
Debt-free, Cash-free Net Working Capital to Revenue		 0.52% -2.20% -1.21% 0.00% 0.00% -5.24% 0.62% -4.00% 0.00% -5.00% 0.00%
Debt-free Net Working Capital to Revenue		 17.04% 8.42% 11.90% 0.00% 0.00% 7.27% 10.68% 14.32% 0.00% 8.47% 0.00%
Net Working Capital to Revenue		 17.04% 8.42% 11.90% 0.00% 0.00% 7.27% 10.68% 14.32% 0.00% 8.47% 0.00%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 ($0.01) $0.01 ($0.05) $0.06 ($0.01) $0.03 $0.08 $0.02 $0.03
Adjusted Weighted Average Basic Shares Outstanding		 52.61M 64.57M 64.97M 64.78M 64.83M 64.76M 65.37M 65.57M 65.24M 65.16M 65.60M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($0.01) $0.01 ($0.05) $0.06 ($0.01) $0.03 $0.08 $0.02 $0.03
Adjusted Weighted Average Diluted Shares Outstanding		 58.45M 65.00M 64.97M 65.09M 64.83M 65.26M 65.37M 66.27M 66.11M 65.95M 66.33M
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 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 64.23M 64.71M 65.08M 65.22M 64.82M 64.90M 65.56M 65.59M 65.23M 65.30M 65.60M
Normalized Net Operating Profit after Tax (NOPAT)		 4.81 2.28 3.47 4.31 4.57 4.79 3.81 7.47 6.96 6.56 6.93
Normalized NOPAT Margin		 23.60% 7.16% 10.12% 11.21% 12.87% 13.06% 10.26% 16.45% 16.44% 19.40% 15.22%
Pre Tax Income Margin		 57.59% 0.71% -2.18% 2.54% -11.52% 13.73% -2.46% 6.94% 17.25% 1.00% 7.20%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 1.05 0.85 1.17 0.24 2.03 0.85 1.47 2.26 1.11 1.50
NOPAT to Interest Expense		 0.00 0.48 0.69 0.75 0.85 0.98 0.61 1.11 1.20 7.79 1.05
EBIT Less CapEx to Interest Expense		 0.00 1.03 0.85 1.15 0.22 2.03 0.85 1.45 0.00 1.10 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.46 0.68 0.73 0.83 0.98 0.60 1.09 0.00 7.78 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.94% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.94% 0.00%

Financials Breakdown Chart

Key Financial Trends

Reservoir Media (NASDAQ: RSVR) has shown solid revenue growth over the last year, but the financial picture is mixed because the company is still carrying a heavy debt load and a very large intangible asset base from acquisitions. The most recent quarter also showed a meaningful rebound in earnings and operating cash flow, which is encouraging for retail investors.

What stands out most: revenue has generally trended higher year over year, operating income has improved, and cash generation from operations remains strong. At the same time, interest expense is still a major drag on bottom-line results, and debt remains elevated relative to the balance sheet.

  • Q3 2026 revenue rose to $45.6 million, up from $33.8 million in Q4 2025 and $42.3 million in Q3 2025, showing healthy top-line momentum.
  • Gross profit improved to $29.4 million in Q3 2026, with gross margin near 64%, which is a strong level for a media/IP business.
  • Operating income increased to $10.3 million in Q3 2026 from $9.6 million a year earlier, suggesting good operating leverage.
  • Net income attributable to common shareholders reached $2.2 million in Q3 2026, versus $0.8 million in Q4 2025 and $5.2 million in Q3 2025, indicating profitability has remained positive.
  • Operating cash flow was strong in Q4 2026 at $11.9 million, supported by substantial non-cash amortization and solid core earnings.
  • Cash and equivalents increased to $20.6 million at the end of Q3 2026, up from $17.8 million a year earlier and $14.9 million in Q1 2025.
  • Total equity improved to $373.6 million in Q3 2026, versus $359.5 million in Q3 2025, showing retained earnings growth.
  • Reservoir continues to rely heavily on acquisitions; the balance sheet includes $797.2 million of intangible assets, which dominates total assets.
  • Basic and diluted EPS were only $0.03 in Q3 2026, so absolute earnings remain modest relative to the company’s asset base and leverage.
  • The company also has a meaningful noncontrolling interest and large deferred tax liabilities, which are worth monitoring but are not necessarily immediate red flags.
  • Long-term debt was still high at $452.3 million in Q3 2026, up from $371.8 million in Q3 2025.
  • Interest expense remains very large at $6.6 million in Q3 2026, which absorbs a significant portion of operating profit.
  • Acquisition spending remains aggressive; Q4 2026 investing cash outflow included $4.1 million of acquisitions, and prior quarters were much larger.
  • Total liabilities of $567.1 million are still substantial versus equity of $373.6 million, leaving the capital structure levered.

Bottom line: Reservoir Media looks like a company with improving operating performance and strong cash generation, but the upside is tempered by high leverage and acquisition-driven accounting assets. For investors, the key question is whether management can keep growing revenue and operating cash flow fast enough to steadily reduce debt and prove that earnings quality is sustainable.

07/11/26 04:49 AM ETAI Generated. May Contain Errors.

Reservoir Media Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Reservoir Media's fiscal year ends in March. Their fiscal year 2026 ended on March 31, 2026.

Reservoir Media's net income appears to be on a downward trend, with a most recent value of $7.83 million in 2026, falling from $9.30 million in 2021. The previous period was $7.73 million in 2025.

Reservoir Media's total operating income in 2026 was $38.23 million, based on the following breakdown:
  • Total Gross Profit: $113.67 million
  • Total Operating Expenses: $75.44 million

Over the last 5 years, Reservoir Media's total revenue changed from $80.25 million in 2021 to $175.66 million in 2026, a change of 118.9%.

Reservoir Media's total liabilities were at $571.11 million at the end of 2026, a 14.5% increase from 2025, and a 268,149.0% increase since 2020.

In the past 5 years, Reservoir Media's cash and equivalents has ranged from $696.57 thousand in 2020 to $25.93 million in 2026, and is currently $25.93 million as of their latest financial filing in 2026.

Over the last 5 years, Reservoir Media's book value per share changed from 0.00 in 2021 to 5.76 in 2026, a change of 575.8%.


Related Companies

Financial statements for NASDAQ:RSVRW last updated on 7/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
The $15 Gold Fund That Pays Up to $1,152/Month
Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying...
Investors Alley | Sponsoredtc pixel
Trump Takes Emergency Action - Plus Elon Musk's New Venture
Elon Musk has quietly launched a new venture - one that has nothing to do with rockets, EVs, or Neuralink. Tru...
Altimetry | Sponsoredtc pixel
Do NOT Buy SpaceX – Do This Instead
SpaceX just went public - and Whitney Tilson, Harvard MBA and 30-year Wall Street veteran, says buying in coul...
Stansberry Research | Sponsoredtc pixel
Your $29.97 book is free today
Why Some Traders Skip Stocks Entirely You don't need a big account to trade options. In fact, options ca...
Profits Run | Sponsoredtc pixel
SPCX Warning - and Worst News for Stocks in 50 Years
Goldman Sachs and Morgan Stanley are now predicting what could be the worst news for the U.S. stock market in ...
TradeSmith | Sponsoredtc pixel
CODE RED: AI Meltdown Imminent?
After correctly predicting the 2008 and 2020 stock market meltdowns, I believe this AI company is about to tri...
Paradigm Press | Sponsoredtc pixel
Better than SpaceX? Grab this ticker instead.
Larry Benedict generated $274 million for his clients by finding the trades most investors missed. Now he says...
Brownstone Research | Sponsoredtc pixel
Ready to give options a try? Your first trade (Ticker included) -INSIDE
Tired of trying tactic after tactic when it comes to options trades... only to be met with market noise and st...
Base Camp Trading | Sponsoredtc pixel