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PodcastOne (NASDAQ: PODC) Reports Record 1H & Q2 Fiscal 2026 Financial Results and Raises Full-Year Guidance, Cash $2.7 Million up $2.2 Million Year-over-Year
Globenewswireยท 2025-11-11 13:00
Core Insights - PodcastOne reported record financial results for Q2 and the first half of Fiscal 2026, driven by network expansion, advertiser demand, and strategic partnerships [1][4]. Financial Highlights - Q2 Fiscal 2026 revenue reached $15.2 million, a 22% increase year-over-year, while Adjusted EBITDA was $1.1 million, up 369% year-over-year [8]. - For the first half of Fiscal 2026, revenue totaled $30.2 million, reflecting a 19% year-over-year growth, with Adjusted EBITDA at $1.7 million, an increase of 332% year-over-year [8]. - The company raised its Fiscal 2026 guidance, projecting revenues of $56-60 million and Adjusted EBITDA of $4.5-6 million [9]. Operational Highlights - PodcastOne added 17 new podcasts year-to-date, bringing the total to 210 shows across its network [8]. - The company maintained its position as a Top 10 Publisher in Podtrac rankings for 12 consecutive months, currently ranked 9 [8]. - Significant revenue growth was achieved from partnerships, including an expanded agreement with Amazon, increasing from a $16.5 million three-year deal to a $20+ million annual run rate [8]. Management Commentary - The President and Co-Founder emphasized the company's leadership in the podcasting industry through innovation and performance, highlighting the success of AI-powered tools that enhance monetization and production [5]. - The company is focused on leveraging technology to empower creators and deliver measurable results for advertisers, solidifying its position as a premier AI-powered podcast network [6].