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Versant Media Group, Inc. VSNT Content Licensing — Future revenue to be earned

Other product segments

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$256M

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Other financials

Income statement

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Revenue$1.7B-1.1%
Gross profit$1.0B-0.3%
Operating income$442.0M-11.4%
Net income$286.0M-22.1%
EPS (diluted)$1.99-22.0%

Balance sheet

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Cash & equivalents$1.2B+23,820%
Total debt$3.0B
Total equity$8.0B-25.9%
Total assets$12.5B

Cash flow

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Operating cash flow$585.0M+22.4%
CapEx$27.0M+28.6%
Free cash flow$558.0M+22.1%

Valuation

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Market cap$5.41B

Profitability

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Gross margin57.8%+0.5pp
Operating margin26.8%-0.5pp
Net margin19.8%-0.5pp
FCF margin29.6%-1.9pp

Returns & leverage

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Return on equity12.1%
Debt / equity0.4×
Current ratio2.3×

Where this comes from

Reported directly by Versant Media Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueRemainingPerformanceObligation.

The official record: Versant Media Group, Inc. ’s 10-K, filed March 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Versant Media Group, Inc. 's content licensing — future revenue to be earned?
Versant Media Group, Inc. (VSNT) reported content licensing — future revenue to be earned of $88M in Q4 2025.
What does content licensing — future revenue to be earned mean?
This metric represents the total value of contracted but unrecognized revenue derived from licensing media content, intellectual property, or programming rights to third-party distributors and platforms. It serves as a key indicator of future cash flow visibility and the long-term demand for the company's content library. By tracking this backlog, investors can assess the stability and growth potential of the content licensing segment over upcoming fiscal periods.