RSVR on Nasdaq

Reservoir Media, Inc.

Amusement and recreation services company, listed on Nasdaq (RSVR). Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

$175.7MRevenue, fiscal 20262
$8.3MNet income, fiscal 20262

Compare with Pop Culture Group Co., Ltd, Liberty Live Holdings, Inc. or GameSquare Holdings, Inc., or pick any stock.

  • TickerRSVR on Nasdaq1
  • IndustryServices-Amusement & Recreation Services1
  • HeadquartersNew York, New York1
  • Business address200 Varick Street, Suite 801, New York, Ny 100143
  • Filer categoryAccelerated filer, Smaller reporting company3

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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.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

21.8%Operating margin2
4.7%Net margin2
10.7%Revenue growth, 20262
2.2%Return on equity2
1.21×Debt to equity2
$49.7MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Music Publishing brought in 66% of the revenue Reservoir Media, Inc. broke down this way in fiscal 2026.

  1. Music Publishing$116.8M266%up 9% from 2025
  2. Recorded Music$51.5M229%up 16% from 2025
  3. Other Operating$7.3M24%up 4% from 2025
Business segments by year
Business segments20252026
Music Publishing$107.4M$116.8M
Recorded Music$44.3M$51.5M
Other Operating$7.0M$7.3M

Regions

United States brought in 56% of the revenue Reservoir Media, Inc. broke down this way in fiscal 2026.

  1. United States$98.7M256%up 5% from 2025
  2. Outside the United States$77.0M244%up 18% from 2025
Regions by year
Regions20252026
United States$93.6M$98.7M
Outside the United States$65.1M$77.0M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue35¢$62.0M
  • Other costs58¢$102.0M
  • Income tax2¢$3.3M
  • Profit5¢$8.3M

Out of $175.7M in revenue.2

Where each dollar of operating cash went, fiscal 2026

  • Capital spending1¢$482.0K
  • Kept or used elsewhere99¢$49.7M

Out of $50.1M of cash from operations.2

Financial statements

Revenue56782$175.7M in 2026+181% since 2020
0$50.0M$100.0M$150.0M$200.0M2020: $62.5M$62.5M20202021: $80.2M$80.2M2021+28%2022: $107.8M$107.8M2022+34%2023: $122.3M$122.3M2023+13%2024: $144.9M$144.9M2024+18%2025: $158.7M$158.7M2025+10%2026: $175.7M$175.7M2026+11%
Operating income56782$38.2M in 2026+160% since 2020
0$10.0M$20.0M$30.0M$40.0M2020: $14.7M$14.7M20202021: $18.3M$18.3M2021+24%2022: $19.4M$19.4M2022+6%2023: $21.1M$21.1M2023+9%2024: $24.6M$24.6M2024+17%2025: $35.1M$35.1M2025+43%2026: $38.2M$38.2M2026+9%
Net income956782$8.3M in 2026
-$5.0M0$5.0M$10.0M$15.0M2020: -$121.7K-$121.7K20202021: $9.3M$9.3M20212022: $13.1M$13.1M2022+41%2023: $2.5M$2.5M2023−81%2024: $644.9K$644.9K2024−75%2025: $7.7M$7.7M2025+1102%2026: $8.3M$8.3M2026+7%

Every line of the income statement as filed: the last 2 fiscal years, latest first.2

Period ending2026-03-312025-03-31
Revenues$175.7M$158.7M
Cost of revenue$62.0M$57.4M
Amortization and depreciation$30.8M$26.3M
Administration expenses$44.7M$39.9M
Total costs and expenses$137.4M$123.6M
Operating income$38.2M$35.1M
Interest expense-$26.5M-$21.9M
Gain on foreign exchange$230.5K$578.3K
Loss on fair value of swaps-$351.0K-$4.2M
Other (expense) income, net-$504.2K$330.0K
Income before income taxes$11.2M$9.9M
Income tax expense$3.3M$2.1M
Net income$7.8M$7.7M
Net loss attributable to noncontrolling interests$476.1K$18.5K
Net income attributable to Reservoir Media, Inc.$8.3M$7.7M
Basic (in dollars per share)$0.13$0.12
Diluted (in dollars per share)$0.13$0.12
Basic (in shares)65.5M shares65.2M shares
Diluted (in shares)66.3M shares65.9M shares

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Leadership

Who has led Reservoir Media, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Byron Roth2020
  2. Golnar Khosrowshahi2021–now

President

  1. Aaron Gurewitz2020
  2. Rick Hartfiel2020
  3. Rell Q. Lafargue Jr.2021–now

Chief financial officer

  1. Gordon J. Roth2020
  2. James A. Heindlmeyer2021–now

Chief operating officer

  1. John C. Lipman2020–2021
  2. Rell Q. Lafargue Jr.2021–now
2025
Board members and other officers (13)

Former names

  • Roth CH Acquisition II CoSep 11, 2020 to Jul 27, 20213

Timeline

  1. Jul 28, 2021New chief executive Golnar Khosrowshahi becomes CEO13
  2. Dec 10, 2020New chief executive Byron Roth becomes CEO14

Filings

306 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 55 major events, 177 insider forms, 22 large holders, 32 other. The latest 20:

  1. Sep 17, 20264 EDGAR
  2. Aug 18, 20264 EDGAR
  3. Aug 18, 20264 EDGAR
  4. Aug 18, 20264 EDGAR
  5. Aug 18, 20264 EDGAR
  6. Aug 18, 20264 EDGAR
  7. Aug 18, 20264 EDGAR
  8. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  9. Aug 18, 20268-K EDGAR
  10. Aug 11, 20263 EDGAR
  11. Aug 11, 20268-K EDGAR
  12. Aug 4, 202610-Q EDGAR
  13. Aug 4, 20268-K EDGAR
  14. Jul 27, 202625-NSE EDGAR
  15. Jun 26, 2026ARS EDGAR
  16. Jun 26, 2026DEF 14A EDGAR
  17. Jun 24, 20264 EDGAR
  18. Jun 24, 20264 EDGAR
  19. Jun 24, 20264 EDGAR
  20. Jun 24, 20264 EDGAR

The 306 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

65 open-market trades by officers, directors and large owners since October 2021: 61 buys and 4 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 10, 2025Rothstein AdamDirectorSale65,281$7.80$509.3KForm 4
Sep 9, 2025Rothstein AdamDirectorSale34,719$7.92$275.0KForm 4
Aug 8, 2025Rothstein AdamDirectorSale48,430$7.50$363.2KForm 4
Aug 7, 2025Rothstein AdamDirectorSale74,558$7.62$568.2KForm 4
Aug 12, 2024Rothstein AdamDirectorBuy400$7.00$2.8KForm 4
Aug 6, 2024Rothstein AdamDirectorBuy3,000$7.05$21.1KForm 4
Jun 13, 2024Rothstein AdamDirectorBuy4,016$7.01$28.2KForm 4
Jun 5, 2024Khosrowshahi Hassan10% ownerBuy50,000$8.11$405.5KForm 4
Jun 4, 2024Khosrowshahi Hassan10% ownerBuy300,000$8.00$2.4MForm 4
Mar 4, 2024Khosrowshahi Hassan10% ownerBuy30,000$7.23$216.9KForm 4
Mar 1, 2024Khosrowshahi Hassan10% ownerBuy40,000$7.33$293.2KForm 4
Feb 29, 2024Khosrowshahi Hassan10% ownerBuy30,000$7.27$218.1KForm 4
Feb 22, 2024Khosrowshahi Hassan10% ownerBuy16,608$7.08$117.6KForm 4
Feb 21, 2024Khosrowshahi Hassan10% ownerBuy35,000$7.05$246.8KForm 4
Feb 20, 2024Khosrowshahi Hassan10% ownerBuy25,000$7.04$176.0KForm 4
Feb 16, 2024Khosrowshahi Hassan10% ownerBuy23,392$7.00$163.7KForm 4
Aug 15, 2023Field Ezra S.DirectorBuy8,000$5.32$42.6KForm 4
Aug 14, 2023Field Ezra S.DirectorBuy10,000$5.39$53.9KForm 4
Aug 11, 2023Field Ezra S.DirectorBuy10,000$5.27$52.7KForm 4
Aug 9, 2022Field Ezra S.DirectorBuy13,000$7.59$98.7KForm 4

All 65 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 80. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Irenic Capital Management LP6,260,176$61.9M4.5%+79,000
Nantahala Capital Management, LLC1,881,920$18.6M0.6%+940,960
BlackRock, Inc.1,267,271$12.5M0.0%+35,819
Dimensional Fund Advisors LP1,205,616$11.9M0.0%+65,253
Federated Hermes, Inc.825,115$8.2M0.0%−174,885
Geode Capital Management, LLC672,487$6.7M0.0%−8,800
AWM Investment Company, Inc.545,453$5.4M0.5%−6,141
Gruss & Co., LLC511,834$5.1M13.3%No change
State Street Corp419,734$4.2M0.0%+14,704
Russell Investments Group, Ltd.405,100$4.0M0.0%−72,326
Vanguard Capital Management LLC397,582$3.9M0.0%+11,179
First Pacific Advisors, LP308,747$3.1M0.0%No change
Northern Trust Corp260,872$2.6M0.0%+69,762
Vanguard Fiduciary Trust Co196,934$1.9M0.0%+8,297
Sanders Morris Harris LLC181,435$1.8M1.0%−84,633
Schonfeld Strategic Advisors LLC170,122$1.7M0.0%+489
Hurley Capital, LLC163,582$1.6M0.8%No change
Vanguard Portfolio Management LLC130,874$1.3M0.0%+13,274
Citadel Advisors LLC116,627$1.2M0.0%New
Weiss Asset Management LP96,074$950.2K0.0%No change
Goldman Sachs Group Inc93,918$928.8K0.0%−30,077
Mill Road Capital Management LLC89,858$888.7K0.4%−470,800
Morgan Stanley83,183$822.7K0.0%+1,379
Barclays PLC76,653$758.1K0.0%−10,081
Bank of New York Mellon Corp70,364$695.9K0.0%+3,311

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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