RESERVOIR MEDIA ANNOUNCES SECOND QUARTER FISCAL 2027 RESULTS
PR Newswire•04/11/2026•07:00 ET
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Key Highlights
- ➤Q2 revenue $49.9M, up 10% year-over-year
- ➤Adjusted EBITDA $22.1M, up 14% year-over-year
- ➤Recorded Music revenue $15.4M, up 18% year-over-year
- ➤Fiscal 2027 revenue guidance raised to $188M-$192M
- ➤Fiscal 2027 Adjusted EBITDA guidance raised to $77M-$80M
Expert Statements
Golnar Khosrowshahi, Founder and Chief Executive Officer of Reservoir Media
“Our second quarter results marked the end of a strong first half of fiscal 2027, with growth across both our Publishing and Recorded Music segments reflecting the continued successful execution of our long-term strategy”
Golnar Khosrowshahi, Founder and Chief Executive Officer of Reservoir Media
“Our recent investments span across established songwriters and catalogs with enduring cultural and commercial significance and the hitmakers of tomorrow. We continue to thoughtfully expand and diversify our portfolio, while deepening our established reputation as a trusted steward for exceptional music talents and catalogs. We remain confident in our ability to build on this momentum for the remainder of fiscal year 2027.”
Jim Heindlmeyer, Chief Financial Officer of Reservoir
“Our first-half results underscore our ability to generate consistent growth from a high-quality, diversified catalog while maintaining a disciplined approach to both future investments and cost management. Based on this performance, we have the confidence to raise our guidance ranges for both revenue and Adjusted EBITDA for fiscal year 2027.”
RESERVOIR MEDIA ANNOUNCES SECOND QUARTER FISCAL 2027 RESULTS PR Newswire
Double-Digit Growth in Recorded Music Driven by Digital and Neighboring Rights
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