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RSVR logoReservoir Media, Inc.(RSVR)Earnings, Financials & Key Ratios

RSVR•NASDAQ
$10.05
$659M mkt cap·83.8× P/E·Price updated May 6, 2026
SectorCommunication ServicesIndustryEntertainmentSub-IndustryMusic and Audio Platforms
AboutReservoir Media, Inc. operates as a music publishing company. It operates in two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs. The company was founded in 2007 and is headquartered in New York, New York. Reservoir Media, Inc. is a subsidiary of Reservoir Holdings, Inc.Show more
  • Revenue$159M+9.6%
  • EBITDA$61M+23.8%
  • Net Income$8M+1101.7%
  • EPS (Diluted)0.12+1112.1%
  • Gross Margin63.81%+3.4%
  • EBITDA Margin38.66%+13.0%
  • Operating Margin22.09%+30.2%
  • Net Margin4.88%+996.9%
  • ROE2.15%+1074.0%
  • ROIC3.72%+34.0%
  • Debt/Equity1.08+13.0%
  • Interest Coverage1.60+37.5%
Technical→

RSVR Key Insights

Reservoir Media, Inc. (RSVR) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 80 (top 20%)
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗Weak 3Y average ROE of 1.0%
  • ✗Negative free cash flow
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

RSVR Price & Volume

Reservoir Media, Inc. (RSVR) stock price & volume — 10-year historical chart

Loading chart...

RSVR Growth Metrics

Reservoir Media, Inc. (RSVR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years13.75%
TTM8.43%

Profit CAGR

10 Years-
5 Years-
3 Years-16%
TTM-16.6%

EPS CAGR

10 Years-
5 Years-67.64%
3 Years-18.29%
TTM-17%

Return on Capital

10 Years4.33%
5 Years3.86%
3 Years3.73%
Last Year4.61%

RSVR Recent Earnings

Reservoir Media, Inc. (RSVR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 9/12 qtrs (75%)
Q1 2026Latest
Feb 4, 2026
EPS
$0.03
Est $0.02
+50.0%
Revenue
$46M
Est $43M
+6.9%
Q4 2025
Nov 4, 2025
EPS
$0.03
Est $0.05
-40.0%
Revenue
$45M
Est $43M
+6.6%
Q3 2025
Aug 5, 2025
EPS
$0.01
Est $0.01
+0.0%
Revenue
$37M
Est $43M
-14.0%
Q2 2025
May 28, 2025
EPS
$0.04
Est $0.04
+0.0%
Revenue
$41M
Est $38M
+9.6%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 4, 2026
$0.03vs $0.02+50.0%
$46Mvs $43M+6.9%
Q4 2025Nov 4, 2025
$0.03vs $0.05-40.0%
$45Mvs $43M+6.6%
Q3 2025Aug 5, 2025
$0.01vs $0.01+0.0%
$37Mvs $43M-14.0%
Q2 2025May 28, 2025
$0.04vs $0.04+0.0%
$41Mvs $38M+9.6%
Based on last 12 quarters of dataView full earnings history →

RSVR Peer Comparison

Reservoir Media, Inc. (RSVR) competitors in Music and Audio Platforms — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
WMG logoWMGWarner Music Group Corp.Direct Competitor14.88B28.5040.714.37%4.43%38.27%3.62%6.09
CURI logoCURICuriosityStream Inc.Direct Competitor178.55M3.04-27.6440.14%-8.97%-13.07%7.26%0.30
SONY logoSONYSony Group CorporationProduct Competitor119.98B20.1216.72-0.49%9.17%14.64%8.94%0.49
LYV logoLYVLive Nation Entertainment, Inc.Product Competitor36.54B157.26-655.258.83%0.33%5.08%0.91%6.84
AMCX logoAMCXAMC Networks Inc.Product Competitor93.25M8.12-4.52%-6.03%-12.21%100%
SPOT logoSPOTSpotify Technology S.A.Supply Chain86.35B419.5334.019.65%15.45%35.34%3.9%0.28
SIRI logoSIRISirius XM Holdings Inc.Supply Chain8.88B26.4011.73-1.62%9.86%7.33%14.01%0.84
IHRT logoIHRTiHeartMedia, Inc.Supply Chain974.57M6.28-2.060.27%-12.23%1.12%

Compare RSVR vs Peers

Reservoir Media, Inc. (RSVR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WMG

Most directly comparable listed peer for RSVR.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare RSVR against a more recognizable public peer.

Peer Set

Compare Top 5

vs WMG, CURI, SONY, LYV

RSVR Income Statement

Reservoir Media, Inc. (RSVR) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Sales/Revenue49.23M080.25M107.84M122.29M144.86M158.71M169.62M
Revenue Growth %--100%-34.39%13.4%18.46%9.56%8.43%
Cost of Goods Sold20.59M032.85M44.19M47.99M55.48M57.43M60.39M
COGS % of Revenue41.82%-40.94%40.97%39.24%38.3%36.19%-
Gross Profit
28.64M▲ 0%
0▼ 100.0%
47.39M▲ 0%
63.65M▲ 34.3%
74.3M▲ 16.7%
89.38M▲ 20.3%
101.28M▲ 13.3%
109.23M▲ 0%
Gross Margin %58.18%-59.06%59.03%60.76%61.7%63.81%64.4%
Gross Profit Growth %--100%-34.32%16.72%20.29%13.31%-
Operating Expenses17.23M029.06M44.3M53.24M64.8M66.21M72.37M
OpEx % of Revenue35%-36.22%41.08%43.54%44.74%41.72%-
Selling, General & Admin8.67M014.99M25.28M31.17M39.82M39.92M50.73M
SG&A % of Revenue17.61%-18.68%23.44%25.49%27.49%25.15%-
Research & Development00000000
R&D % of Revenue--------
Other Operating Expenses0014.08M19.02M22.07M24.99M26.3M3M
Operating Income
13.57M▲ 0%
0▼ 100.0%
18.33M▲ 0%
19.35M▲ 5.6%
21.06M▲ 8.8%
24.58M▲ 16.7%
35.06M▲ 42.7%
36.85M▲ 0%
Operating Margin %27.57%-22.84%17.95%17.22%16.97%22.09%21.73%
Operating Income Growth %--100%-5.59%8.81%16.71%42.66%-
EBITDA19.97M-1.22K32.41M38.38M43.13M49.56M61.36M66.29M
EBITDA Margin %40.57%-40.38%35.59%35.27%34.21%38.66%39.08%
EBITDA Growth %--100.01%2656257.87%18.42%12.4%14.9%23.81%11.78%
D&A (Non-Cash Add-back)6.4M014.08M19.02M22.07M24.99M26.3M29.44M
EBIT13.57M-1.22K20.42M28.25M23.16M22.26M31.76M35.28M
Net Interest Income011.94M-8.96M-10.86M-14.76M-21.09M-21.88M-25.72M
Interest Income6.66M11.94M13.24K10.51K0000
Interest Expense008.97M10.87M14.76M21.09M21.88M25.72M
Other Income/Expense-8.82M-1.23K-6.88M-1.97M-12.65M-23.4M-25.19M-27.9M
Pretax Income
4.75M▲ 0%
-1.23K▼ 100.0%
11.45M▲ 934493.4%
17.38M▲ 51.9%
8.4M▼ 51.6%
1.17M▼ 86.1%
9.87M▲ 742.3%
8.96M▲ 0%
Pretax Margin %9.65%-14.26%16.12%6.87%0.81%6.22%5.28%
Income Tax893.06K02.15M4.25M5.62M334.8K2.14M2.48M
Effective Tax Rate %18.79%0%18.75%24.47%66.93%28.57%21.68%27.65%
Net Income
3.86M▲ 0%
-1.23K▼ 100.0%
9.25M▲ 755443.3%
13.08M▲ 41.3%
2.54M▼ 80.6%
644.94K▼ 74.6%
7.75M▲ 1101.7%
6.57M▲ 0%
Net Margin %7.84%-11.53%12.13%2.08%0.45%4.88%3.87%
Net Income Growth %--100.03%755443.27%41.32%-80.58%-74.6%1101.65%-16.6%
Net Income (Continuing)3.86M-1.23K9.3M13.13M2.78M837.26K7.73M6.48M
Discontinued Operations00000000
Minority Interest0959.02K1.01M1.06M1.3M1.49M1.32M1.19B
EPS (Diluted)
30.82▲ 0%
33.83▲ 9.8%
0.21▼ 99.4%
0.22▲ 4.8%
0.04▼ 82.2%
0.01▼ 74.7%
0.12▲ 1112.1%
0.10▲ 0%
EPS Growth %-9.77%-99.38%4.76%-82.18%-74.74%--17%
EPS (Basic)30.8251.380.210.230.040.010.12-
Diluted Shares Outstanding125.23K195.74K28.54M58.45M64.83M65.26M65.95M65.5M
Basic Shares Outstanding125.23K128.88K28.54M52.61M64.34M64.76M65.16M65.5M
Dividend Payout Ratio--------

RSVR Balance Sheet

Reservoir Media, Inc. (RSVR) balance sheet — assets, liabilities & shareholders' equity

Line itemMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Total Current Assets33.13M82.27M39.27M59.44M66.81M70.91M79.28M77.84B
Cash & Short-Term Investments9.03M58.24M9.21M17.81M14.9M18.13M21.39M20.59B
Cash Only9.03M58.24M9.21M17.81M14.9M18.13M21.39M20.59B
Short-Term Investments00000000
Accounts Receivable9.21M9.75M15.81M25.21M31.26M33.23M37.85M37.06B
Days Sales Outstanding68.3-71.9385.3393.2983.7287.0519.99K
Inventory227.1K431.03K1.41M4.04M5.46M6.3M4.87M0
Days Inventory Outstanding4.03-15.6233.3841.5241.4530.937.35
Other Current Assets14.66M13.85M0000020.19B
Total Non-Current Assets185.33M314.32M422.59M624.83M687.28M712.63M785.84M864.07B
Property, Plant & Equipment245.92K602.98K321.77K342.08K7.92M7.54M6.36M7.79B
Fixed Asset Turnover200.19x-249.39x315.25x15.43x19.21x24.97x0.09x
Goodwill0402.07K0402.07K402.07K402.07K402.07K0
Intangible Assets164.65M285.11M391.15M571.38M617.4M640.22M719.67M797.17B
Long-Term Investments1.47M1.5M1.59M3.91M2.31M1.45M1.1M2.58B
Other Non-Current Assets18.96M26.71M29.52M48.79M59.24M63.01M58.31M56.7B
Total Assets
218.47M▲ 0%
396.59M▲ 81.5%
461.86M▲ 16.5%
684.27M▲ 48.2%
754.08M▲ 10.2%
783.53M▲ 3.9%
865.13M▲ 10.4%
941.91B▲ 0%
Asset Turnover0.23x-0.17x0.16x0.16x0.18x0.18x0.00x
Asset Growth %-81.54%16.46%48.16%10.2%3.91%10.41%113098.04%
Total Current Liabilities14.35M23.44M25.38M41.06M54.55M60.37M65.84M65.63B
Accounts Payable2.09M876.14K3.32M4.44M6.68M9.02M5.39M0
Days Payables Outstanding37.07-36.8536.6550.8159.3234.2920
Short-Term Debt823.47K1M1M00000
Deferred Revenue (Current)001.34M1.1M2.15M1.16M1.89M4.07B
Other Current Liabilities2.39M7.86M2.62M12.27M10.58M7.31M7.95M61.57B
Current Ratio2.31x3.51x1.55x1.45x1.22x1.17x1.20x1.20x
Quick Ratio2.29x3.49x1.49x1.35x1.12x1.07x1.13x1.13x
Cash Conversion Cycle35.26-50.782.068465.8683.6919.98K
Total Non-Current Liabilities121.86M202.06M242.11M295.75M349.87M368.68M433.09M501.48B
Long-Term Debt116.61M179.34M211.53M269.86M311.49M330.79M388.13M459.45B
Capital Lease Obligations00007.07M6.72M5.72M17.86M
Deferred Tax Liabilities0019.27M24.88M30.53M30.47M38.23M40.97B
Other Non-Current Liabilities5.25M22.72M11.31M1.01M785.11K694.08K1M1.17B
Total Liabilities136.21M225.5M267.49M336.82M404.42M429.05M498.93M567.1B
Total Debt117.43M180.34M212.53M269.86M318.56M337.51M393.86M459.45B
Net Debt108.4M122.1M203.32M252.04M303.66M319.38M372.47M438.86B
Debt / Equity1.43x1.05x1.09x0.78x0.91x0.95x1.08x1.08x
Debt / EBITDA5.88x-6.56x7.03x7.39x6.81x6.42x6930.53x
Net Debt / EBITDA5.43x-6.27x6.57x7.04x6.44x6.07x6.07x
Interest Coverage--2.04x1.78x1.43x1.17x1.60x1.37x
Total Equity
82.25M▲ 0%
171.09M▲ 108.0%
194.37M▲ 13.6%
347.45M▲ 78.8%
349.66M▲ 0.6%
354.48M▲ 1.4%
366.2M▲ 3.3%
374.8B▲ 0%
Equity Growth %-108.01%13.61%78.76%0.64%1.38%3.3%103796.67%
Book Value per Share656.81874.086.815.945.395.435.555722.15
Total Shareholders' Equity82.25M170.13M193.36M346.39M348.36M352.99M364.88M373.61B
Common Stock012.85K6.42K6.44K6.48K6.52K6.56M
Retained Earnings-19.6M-9.54M-863.11K12.21M14.75M15.4M23.15M27.05B
Treasury Stock00000000
Accumulated OCI-2.4M-4.39M2.1M-1.2M-4.86M-3.8M-2.42M482.41M
Minority Interest0959.02K1.01M1.06M1.3M1.49M1.32M1.19B

RSVR Cash Flow Statement

Reservoir Media, Inc. (RSVR) cash flow — operating, investing & free cash flow history

Line itemMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Cash from Operations2.55M11.88M14.71M12.48M31.2M36.19M45.28M45.28M
Operating CF Margin %5.18%-18.34%11.57%25.52%24.99%28.53%-
Operating CF Growth %-366.24%23.85%-15.2%150.06%15.99%25.11%114961.28%
Net Income3.86M10.06M9.3M13.13M2.78M837.26K7.73M6.57M
Depreciation & Amortization6.4M8.42M14.08M19.02M22.07M24.99M26.3M7.75B
Stock-Based Compensation090.94K102.7K2.89M3.2M3.39M4.39M1.09B
Deferred Taxes09.97M1.62M4.04M5.25M-220.94K467.2K1.08B
Other Non-Cash Items2.13M1.06M-2.2M-6.89M249.06K3.56M6.05M826.93M
Working Capital Changes-9.83M-7.75M-8.18M-19.71M-2.35M3.65M343.16K1.53M
Change in Receivables-1.54M-532.8K-6.07M-9.4M-6.04M-1.97M-4.62M-1.17B
Change in Inventory-66.54K-203.93K-975.35K-2.64M-1.42M-842.39K00
Change in Payables0736.73K-350.86K8.05M15.26M1.08M-3.58M918.33M
Cash from Investing-32.41M-107.81M-118.61M-196.82M-72.23M-50.55M-96.72M-50.08B
Capital Expenditures-115.18K-529.95K-79.9K-194.36M-406.4K-225.68K-81.54K-128.56M
CapEx % of Revenue0.23%-0.1%180.23%0.33%0.16%0.05%-
Acquisitions-53.56K-380.42K-13.37K-2.46M0-200K-1.1M-2.69M
Investments--------
Other Investing-32.25M-106.9M-118.52M-196.62M-71.82M-50.13M-96.48M-49.94B
Cash from Financing33.16M147.03M47.22M196.53M38.46M17.56M54.52M29.76B
Debt Issued (Net)069.54M39.9M59.76M42.18M18M56M50M
Equity Issued (Net)001000K000100.92K0
Dividends Paid0-16.88M000000
Share Repurchases039.92M000000
Other Financing33.16M94.36M-648.77K136.77M-3.72M-440K-1.58M29.71B
Net Change in Cash
3.15M▲ 0%
-39.67M▼ 1359.6%
-49.03M▼ 23.6%
8.6M▲ 117.5%
-2.91M▼ 133.8%
3.23M▲ 210.9%
3.25M▲ 0.7%
-7.34B▲ 0%
Free Cash Flow
2.43M▲ 0%
11.35M▲ 366.5%
-103.89M▼ 1015.2%
-181.88M▼ 75.1%
-41.03M▲ 77.4%
-14.16M▲ 65.5%
-51.28M▼ 262.2%
12.8B▲ 0%
FCF Margin %4.94%--129.46%-168.66%-33.55%-9.78%-32.31%7546.08%
FCF Growth %-366.53%-1015.17%-75.08%77.44%65.48%-262.16%47967.97%
FCF per Share19.4357.99-3.64-3.11-0.63-0.22-0.78-0.78
FCF Conversion (FCF/Net Income)0.66x-9699.22x1.59x0.95x12.29x56.12x5.84x1948.27x
Interest Paid0000017.47M22.75M17.97M
Taxes Paid00000357.95K1.4M1.84M

RSVR Key Ratios

Reservoir Media, Inc. (RSVR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201920202021202220232024TTM
Return on Equity (ROE)-0%5.06%4.83%0.73%0.18%2.15%0%
Return on Invested Capital (ROIC)-3.98%2.91%2.52%2.78%3.72%3.72%
Gross Margin-59.06%59.03%60.76%61.7%63.81%64.4%
Net Margin-11.53%12.13%2.08%0.45%4.88%3.87%
Debt / Equity1.05x1.09x0.78x0.91x0.95x1.08x1.08x
Interest Coverage-2.04x1.78x1.43x1.17x1.60x1.37x
FCF Conversion-9699.22x1.59x0.95x12.29x56.12x5.84x1948.27x
Revenue Growth-100%-34.39%13.4%18.46%9.56%8.43%

RSVR SEC Filings & Documents

Reservoir Media, Inc. (RSVR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 6, 2026·SEC

Material company update

Feb 18, 2026·SEC

Material company update

Feb 4, 2026·SEC

10-K Annual Reports

3
FY 2025

May 28, 2025·SEC

FY 2024

May 30, 2024·SEC

FY 2023

May 31, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

Feb 4, 2026·SEC

FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 5, 2025·SEC

RSVR Frequently Asked Questions

Reservoir Media, Inc. (RSVR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Reservoir Media, Inc. (RSVR) reported $169.6M in revenue for fiscal year 2024. This represents a 245% increase from $49.2M in 2018.

Reservoir Media, Inc. (RSVR) grew revenue by 9.6% over the past year. This is steady growth.

Yes, Reservoir Media, Inc. (RSVR) is profitable, generating $6.6M in net income for fiscal year 2024 (4.9% net margin).

Dividend & Returns

Reservoir Media, Inc. (RSVR) has a return on equity (ROE) of 2.2%. This is below average, suggesting room for improvement.

Reservoir Media, Inc. (RSVR) generated $12.80B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More RSVR

Reservoir Media, Inc. (RSVR) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
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