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Reservoir Media, Inc. RSVR Music Publishing — Cost Of Revenue

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$3.7M+14.3%

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Other financials

Income statement

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Revenue$47.5M+14.7%
Gross profit$31.4M+15.7%
Operating income$11.8M+13.0%
Net income$4.4M+65.1%
EPS (diluted)$0.07+75.0%

Balance sheet

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Cash & equivalents$25.9M+21.2%
Total debt$464.4M+17.6%
Total equity$377.7M+3.5%
Total assets$949.7M+9.8%

Cash flow

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Operating cash flow$11.9M-2.2%
CapEx$194.5K+688%
Free cash flow$11.7M-3.6%

Valuation

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Market cap$667.22M+32.2%
Enterprise value$1.11B+25.2%
P/E80.4×+13.4×
P/S3.8×+0.7×

Profitability

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Gross margin64.7%+0.9pp
Operating margin21.8%-0.3pp
Net margin4.7%-0.2pp
FCF margin28.3%-0.2pp

Returns & leverage

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Return on equity2.2%+0.1pp
Debt / equity1.2×+0.1×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by Reservoir Media, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: Reservoir Media, Inc.’s 10-K, filed May 28, 2026.

Filed
May 28, 2026, 5:10 PM EDT
Fiscal year
FY2026
Accession
0001104659-26-067615
Line itemMusic / PublishingRecorded / MusicConsolidated
Other revenue(a)7,348,188
Consolidated revenue$175,664,491
Significant segment expenses:
Cost of revenue48,469,90013,521,331
Administration expenses27,444,90911,129,071
Reportable segment OIBDA$40,887,708$26,863,38467,751,092
Other profit(a)1,262,734
Amortization and depreciation(30,783,011)

Item 8.Financial Statements and Supplementary Data

FAQ

What is Reservoir Media, Inc.'s music publishing — cost of revenue?
Reservoir Media, Inc. (RSVR) reported music publishing — cost of revenue of $12.37M in Q1 2026.
How has Reservoir Media, Inc.'s music publishing — cost of revenue changed year-over-year?
Reservoir Media, Inc.'s music publishing — cost of revenue increased by 12.3% year-over-year, from $11.01M to $12.37M.
What is the long-term trend for Reservoir Media, Inc.'s music publishing — cost of revenue?
Over 2 years (2024 to 2026), Reservoir Media, Inc.'s music publishing — cost of revenue has grown at a 7.6% compound annual growth rate (CAGR), from $41.87M to $48.47M.
What does music publishing — cost of revenue mean?
This represents the direct costs associated with generating music publishing revenue, including royalty payments to songwriters and co-publishers, as well as administration fees. Monitoring this metric is essential for understanding the direct variable expenses required to maintain and exploit a music catalog. It provides insight into the segment's gross margin efficiency before accounting for overhead.

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