Quarterly ResultMay 4, 2026, 04:14 PM
Gaia Q1 Revenue $24.3M, Net Loss $(1.3)M; Strategic Shift to Direct Members
AI Summary
Gaia, Inc. reported first quarter 2026 financial results, with revenue increasing 2% to $24.3 million and gross profit remaining flat at $20.9 million. The company posted a net loss of $(1.3) million, or $(0.05) per share, compared to a net loss of $(1.0) million in Q1 2025. Gaia generated $1.5 million in operating cash flow and $1.1 million in free cash flow, marking its ninth consecutive quarter of positive free cash flow. Management announced a strategic shift to reduce reliance on lower-value third-party acquisitions and strengthen direct member relationships, aiming for a 20% churn reduction and 20-25% ARPU increase by Q4 2026.
Key Highlights
- Revenue increased 2% to $24.3 million in Q1 2026 from $23.8 million in Q1 2025.
- Gross profit remained flat year-over-year at $20.9 million.
- Net loss was $(1.3) million, or $(0.05) per share, compared to $(1.0) million in Q1 2025.
- Generated $1.5 million in operating cash flow and $1.1 million in free cash flow.
- Targeting an approximate 20% reduction in churn and 20-25% increase in ARPU by Q4 2026.
- Cash balance was $13.1 million as of March 31, 2026, with a fully available $10 million line of credit.