Earnings Releases·Nov 10, 2026, 4:59 PM ET

Dolphin Entertainment — Third Quarter 2026 Earnings Summary

Q3 2026 revenue reached a record $16.0 million, an 8.3% year-over-year increase, while net income turned positive at $0.2 million compared to a $0.4 million loss in Q3 2025; adjusted EBITDA rose 42.9% to $1.6 million.
Management anticipates four new ventures in 2027, with the first launching in Q1 2027, and projects over $1 million in annual lease savings and $2.2 million in annual debt payment relief upon the September 2028 loan maturity.
The company reported a nine-month net loss of $4.1 million, consistent with the prior year, though Q3 operating income surged 167% to $0.8 million driven by organic revenue growth outpacing core operating cost increases.
Strategic expansion includes The Digital Dept.'s creator roster growing to over 380 and Graviteur Studios scheduling production for its first feature film in the first half of 2027.
Management highlighted strong alignment with shareholders, noting the CEO owns over 5% of common shares and continues purchasing stock weekly, while approximately $127 million in NOL carryforwards is expected to enhance future free cash flow.