RSVRNasdaqServices-Amusement & Recreation ServicesFiscal year ends March 31
Reservoir Media, Inc.
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$9.59+0.15 (+1.59%)
Close on Oct 19, 2026
- Market cap
- $630.57M
- P/E (TTM)
- 73.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2020 to 2026
Gross margin
64.7%+5.7 pts over 5 years
Operating margin
21.8%−1.1 pts over 5 years
Net margin
4.7%−6.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +10.7% | +12.8% | +17.0% | – | |
| Gross profit | +12.2% | +15.2% | +19.1% | – | |
| Operating income | +9.0% | +22.0% | +15.8% | – | |
| Net income | +7.1% | +48.4% | -2.1% | – | |
| EPS, diluted | +8.3% | +48.1% | -9.1% | – | |
| Free cash flow | +9.9% | +17.3% | +27.7% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | 5.1% | 2.2% | |
| Return on assets | – | 2.2% | 0.9% | |
| Current ratio | – | 1.55 | 1.41 | |
| Debt to equity | – | 1.10 | 1.21 | |
| Net debt to EBITDA | – | 6.27× | 6.23× | |
| Interest coverage | – | – | 1.4× | |
| Capex to revenue | – | 0.1% | 0.3% | |
| Diluted shares | – | 45M | 66M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Reservoir Media generated $175.29M from operations and spent $1.40M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$175.29M
Used
$1.40M
Capital expenditure$1.40M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin4.7%
×Asset turnover0.19×
×Equity multiplier2.44×
=Return on equity, FY20262.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 4.7% | 0.19× | 2.44× | 2.2% |
| FY2025 | 4.9% | 0.19× | 2.30× | 2.2% |
| FY2024 | 0.4% | 0.19× | 2.19× | 0.2% |
| FY2023 | 2.1% | 0.17× | 2.07× | 0.7% |
| FY2022 | 12.1% | 0.19× | 2.12× | 4.8% |
| FY2021 | 11.5% | 0.19× | 2.36× | 5.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
6of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$8.30M
- Cash generatingOperating cash flow above zero$50.14M
- Return on assets improvedROA up on the prior year1.0% → 1.0%
- Earnings backed by cashOperating cash flow above net income$50.14M vs $8.30M
- Less leverageLong-term debt to assets fell44.9% → 48.0%
- Better liquidityCurrent ratio rose1.20 → 1.41
- No dilutionShare count did not rise66M → 66M
- Gross margin improvedGross margin up on the prior year63.81% → 64.71%
- More efficientAsset turnover rose0.20 → 0.20