Gaia Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 revenue $22.0 million, down 12% year over year
- ➤Net loss $3.0 million, or $(0.12) per share
- ➤Revenue stabilized at approximately $21.0 million quarterly run rate
- ➤Positive free cash flow expected to resume in Q4
- ➤Member churn improved more than 20% from Q1 to Q3
Expert Statements
Kiersten Medvedich, Chief Executive Officer of Gaia
“Our third quarter results reflect the successful completion of the reset we announced at the beginning of March—a deliberate move to reduce our revenue reliance on third parties and lower ARPU regions”
Kiersten Medvedich, Chief Executive Officer of Gaia
“As part of this shift to prioritize long-term value, we have largely eliminated discounting, with the sole exception of returning members acquired without meaningful marketing spend.”
Kiersten Medvedich, Chief Executive Officer of Gaia
“We are already seeing traction from these disciplined choices, with member churn rate improving by more than 20% from the first to the third quarter.”
Kiersten Medvedich, Chief Executive Officer of Gaia
“We remain confident that this focus on the quality of our direct member base is building a stronger, more sustainable foundation.”
Ned Preston, Chief Financial Officer of Gaia
“Over the last 60 days, our revenue has stabilized at a quarterly run rate around $21.0 million.”
Ned Preston, Chief Financial Officer of Gaia
“We have compensated for this lower revenue by effectively reducing expenses, which has allowed our annualized gross profit per employee to continue growing to $827,000.”
Ned Preston, Chief Financial Officer of Gaia
“As predicted, we expect to return to positive free cash flow during the fourth quarter, resuming the trend of nine consecutive quarters of positive free cash flow we delivered prior to our March reset.”
BOULDER, Colo., Nov. 02, 2026 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the third quarter ended September 30, 2026.
“Our third quarter results reflect the successful completion of the reset we announced at the beginning of March—a deliberate move to reduce our revenue reliance on third parties and lower ARPU regions,” said Kiersten Medvedich, Chief Executive Officer of Gaia. “As part of this shift to prioritize long-term value, we have largely eliminated discounting, with the sole exception of returning members acquired without meaningful marketing spend. We are already seeing traction from these disciplined choices, with member churn rate improving by more than 20% from the first to the third quarter. We remain confident that this focus on the quality of our direct member base is building a stronger, more sustainable foundation.”
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