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Reservoir Media (RSVR) investor relations material
Reservoir Media Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY27 revenue rose 10% YoY to $49.9M, including 4% organic growth; Music Publishing and Recorded Music revenue increased 8% and 18%, respectively.
Net income was $4.6M vs. $2.2M; Adjusted EBITDA increased 14% to $22.1M.
FY27 revenue and Adjusted EBITDA guidance ranges were raised and narrowed following strong first-half performance.
Catalog acquisitions, creator partnerships, roster signings and NIL rights opportunities advanced the catalog and talent strategy.
Financial highlights
Q2 revenue was $49.9M vs. $45.4M; operating income rose 15% to $12.3M.
OIBDA increased 14% to $20.7M from $18.2M; Adjusted EBITDA rose 14% to $22.1M from $19.4M.
Net income was $4.6M vs. $2.2M; diluted EPS was $0.07 vs. $0.03.
H1 revenue rose 11% to $91.4M; operating income was $17.6M and Adjusted EBITDA was $37.8M.
Q2 cost of revenue, administration expense, and amortization and depreciation increased 7%, 7%, and 12% YoY; higher amortization reflected catalog acquisitions.
Outlook and guidance
FY27 revenue guidance was raised and narrowed to $188M–$192M, implying 8% growth at the midpoint.
FY27 Adjusted EBITDA guidance was raised and narrowed to $77M–$80M, implying 7% growth at the midpoint.
Strong first-half results, diversified catalog growth, disciplined investment and cost management supported the higher outlook; Q2 administration expense run rate is expected to remain broadly steady in Q3 and Q4.
- Board elections, financial growth, and global expansion highlighted; all proposals approved.RSVR
AGM 2026 - Strong catalog, strategic M&A, and value initiatives drive double-digit growth and profitability.RSVR
Investor presentation - 12% revenue growth and 13% higher adjusted EBITDA, driven by digital and Latin music expansion.RSVR
Q1 2027 - Shareholders will vote on directors, auditor ratification, executive pay, and ESG-focused governance.RSVR
Proxy filing - Strong revenue and EBITDA growth fueled by catalog acquisitions and global expansion.RSVR
Investor presentation - Board transition planned for 2026, with new director nominee and shareholder vote upcoming.RSVR
Proxy filing - Record FY26 growth and robust FY27 outlook driven by acquisitions and international expansion.RSVR
Q4 2026 - Q3 FY26 revenue up 8% to $45.6M; adjusted EBITDA rose 11% to $19.2M; guidance raised.RSVR
Q3 2026 - Revenue and EBITDA guidance raised after 6% growth, margin expansion, and major catalog acquisitions.RSVR
Q2 2025
Next Reservoir Media earnings date
Next Reservoir Media earnings date
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