PodcastOne, Inc. Q3 FY2026 earnings call

Strategic Partnerships - Announced partnership with Dr. Phil's Envoy Media Company to launch a new podcast-based original and owned content network. - Renewed LadyGang, The Adam Carolla Show, The Bitch Bible, Some More News, The Prosecutors, and acquired For Your Amusement. - Signed multiyear partnership with AI-driven Listener.com. ### Content and Talent - Dr. Phil's podcast and Mystery and Murder podcast are performing well. - Dr. Gundry podcast has 18 million all-time downloads. - The Adam Carolla Show joined The Megyn Kelly Channel on SiriusXM. ### AI and Technology - AI toolkit including Flightpath, Booster, Adobe Audition, Pod Engine, Magellan AI, and Opus Pro enhances business performance. ### Monetization - PodRoll revenue growth reflects growing adoption of Dynamic Ad Marketplace. - Paramount acquired Varnamtown from PodcastOne for streaming project.

In the fiscal third quarter of 2026, PodcastOne reported revenue of $15.9 million. Operating loss was $153,000 compared to $1.6 million in the same quarter last year. Net loss was $154,000 or negative $0.01 per basic and diluted share, versus a net loss of $1.6 million or negative $0.06 per share in the year-ago quarter. Adjusted EBITDA was a record $2.8 million compared to a negative $670,000 in the prior-year quarter. PodRoll revenue increased more than 5% quarter-over-quarter.

- Adjusted EBITDA expected to continue into future quarters. - Typically, calendar year fourth quarter is biggest for ad revenue spend, and Q1 fiscal year (January, February) are slower revenue ad generation months, but still expect to beat prior-year quarter.

Q: Two questions, first about Dr. Phil's streams and advertiser response; second about B2B deals impacting results.

A: Kit Gray said Dr. Phil's shows are well-positioned for growth, advertisers are excited, and B2B deals like Amazon ART19 and Pluto TV are diversifying ad sales channels.

Q: About cost of sales percentage and Varnamtown's availability.

A: Ryan Carhart said margin improved due to hard work and one-off benefits, and Robert Ellin mentioned Varnamtown is with a streaming partner with potential for significant revenue with no additional cost.

Q: About guidance for fourth quarter and why not raising it.

A: Kit Gray said calendar year fourth quarter is biggest for ad revenue, but Q1 fiscal year is slower, but still expected to beat prior-year quarter.

Q: About EBITDA, talent pool, acquisitions, and advertiser spending.

A: Ryan Carhart said adjusted EBITDA expected to continue, Kit Gray talked about talent environment being competitive but with opportunities, acquisitions in talks, and advertiser spending increasing with big brands shifting to podcasting