Reservoir Media Reports Q2 FY26 Revenue Growth and Raises Outlook for Fiscal 2026.

Reservoir Media reported Q2 FY26 revenue of $45.4 million, up 12% YoY, driven by double-digit growth in recorded music. Music publishing revenue rose 8% YoY, while recorded music revenue increased 21% YoY. Operating income was $10.7 million, up 6% YoY, and net income was $2.2 million, compared to $0.2 million YoY. Adjusted EBITDA was $19.4 million, up 10% YoY. The company also acquired Miles Davis' publishing catalog and extended deals with Nick Drake and 88 Young.