Reservoir Media (NASDAQ:RSVR) Posts Earnings Results, Beats Expectations By $0.03 EPS

Posted by George Bondi on Nov 4th, 2026

Reservoir Media (NASDAQ:RSVR – Get Free Report) released its earnings results on Wednesday. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.04 by $0.03, FiscalAI reports. Reservoir Media had a net margin of 4.87% and a return on equity of 2.33%. The business had revenue of $49.91 million during the quarter, compared to analyst estimates of $48.70 million.

Here are the key takeaways from Reservoir Media’s conference call:

Revenue and profitability grew: Q2 revenue increased 10% year over year, including 4% organic growth, while Adjusted EBITDA rose 14% to $22.1 million. Net income more than doubled to approximately $4.6 million.
Management raised and narrowed its full-year outlook: Reservoir now expects revenue of $188 million–$192 million and Adjusted EBITDA of $77 million–$80 million, citing first-half performance and continued cost discipline.
Both segments expanded, with acquisitions contributing: Music Publishing revenue grew 8% and Recorded Music revenue grew 18%; digital growth and catalog acquisitions supported both businesses. Management said Recorded Music’s improved margin partly reflects acquired rights with low expenses.
Cash flow declined and debt remains substantial: Operating cash flow for the first half fell $3.7 million year over year, which the company attributed mainly to working-capital timing. Net debt was $433.8 million, up from $429.8 million at fiscal year-end, with interest expense also higher due partly to acquisition financing.

Reservoir Media Trading Up 4.2%

Shares of NASDAQ RSVR traded up $0.41 during mid-day trading on Wednesday, hitting $10.26. 66,883 shares of the company traded hands, compared to its average volume of 73,513. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.22. Reservoir Media has a 1 year low of $7.07 and a 1 year high of $13.39. The stock has a market capitalization of $674.88 million, a price-to-earnings ratio of 78.89 and a beta of 0.82. The business has a 50 day moving average of $9.54 and a two-hundred day moving average of $9.55.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Reservoir Media from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, August 20th. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

View Our Latest Report on RSVR

Reservoir Media Company Profile

(Get Free Report)

Reservoir Media, Inc is a global independent music company that owns, administers and manages rights to musical compositions and sound recordings. Its business includes music publishing, recorded music, rights management and royalty collection, serving songwriters, artists, producers and other rights holders.

The company’s catalog spans a broad range of genres and includes contemporary and historic songs, recordings and music-related intellectual property. Reservoir also operates record labels and provides services such as creative support, licensing, synchronization and administration for uses of music in film, television, advertising, video games and other media.

Founded in 2007, Reservoir has expanded through acquisitions and partnerships involving music publishing catalogs, recorded-music assets and related businesses.