Reservoir Media, Inc.RSVR

NasdaqConsumer SpendingServices-Amusement & Recreation Services
Price (close)
$9.49
Market cap
$625.7M
P/E
71.4x
Revenue (TTM)
$180.0M
Net income
$8.8M
Dividend yield
—
1-year total return
21.2%
Net margin
4.9%
Revenue growth
11.4%
Debt / equity
1.22x

What Reservoir Media, Inc. does.

Reservoir Media, Inc., together with its wholly-owned subsidiaries (the “ Company ”, “ we ”, “ our ”, “ us ” and “ Reservoir ”), is one of the world’s leading independent music companies. We operate a music publishing business, a recorded music business, and a management business.

We have two reportable segments—Music Publishing and Recorded Music. We represent copyrights and master recordings dating back as far as the early 1900s through today, with hundreds of #1 releases worldwide. Our growth has been partially based on Music Publishing and Recorded Music catalog acquisitions as well as a strategic expansion of our writer and artist rosters.

Our Music Publishing business contributed approximately $117 million to our revenues for the year ended March 31, 2026, representing approximately 66% of our revenues. The publishing catalog includes historic compositions written and performed by greats like Joni Mitchell, Miles Davis, The Isley Brothers, Sonny Rollins, and Louis Prima. We also represent contemporary writer-performers such as Snoop Dogg, Sheryl Crow, and Killer Mike. Our roster of active songwriters, including Ali Tamposi, Jamie Hartman, Oak Felder, and Steph Jones, has contributed to hit songs performed by the likes of Ariana Grande, Sabrina Carpenter, SZA, Dua Lipa and more.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$80.2M$107.8M$122.3M$144.9M$158.7M$175.7M
Net income$9.3M$13.1M$2.5M$644,937$7.7M$8.3M
Free cash flow$14.6M$12.3M$30.8M$36.0M$45.2M$49.7M

More on RSVR.

Figures from Reservoir Media, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.