What is Dolphin Entertainment, Inc.'s earnings per share (EPS)?

Dolphin Entertainment, Inc. (DLPN) reported diluted earnings per share of -$0.27 for fiscal year 2025. This represents a 77.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Dolphin Entertainment, Inc. (DLPN) Financials

DLPN

Trailing 12 months to June 30, 2026

Revenue $57.7M +12.5% YoY

Net Income -$555K +69.0% YoY

EPS (Diluted) -$0.29 +77.5% YoY

Free Cash Flow -$4.0M -296.6% YoY

Market Cap $13.4M as of Oct 3, 2026

Price / Sales 0.2x on $57.7M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 2.2x on $6.2M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 12, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DLPN SEC filings page.

Dolphin Entertainment, Inc. (DLPN) reported $57.7M in revenue over the twelve months to Jun 30, 2026, up 12.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI DLPN FY2025 2026-10-03

Revenue has scaled, but FY2025’s near-breakeven operating result did not convert into cash while leverage continued rising.

FY2025 EBITDA was $2.3M while operating cash flow was -$2.0M, indicating that reported operating improvement was not arriving as cash. Accounts receivable rose from $5.1M in FY2024 to $7.8M in FY2025, linking the conversion gap to working capital rather than simply accounting losses.

Revenue increased from $43.1M in FY2023 to $56.7M in FY2025, while operating margin improved from -46.6% to -0.1%. The pattern suggests operating costs absorbed more of the larger revenue base, bringing the operating line close to breakeven without demonstrating a high-margin model.

Liabilities were roughly five times equity in FY2025, up from 4.0x in FY2024, making financing structure increasingly important to the business. A current ratio of 0.8x indicates current assets did not cover current liabilities, even though the reported cash-and-investment comparison equaled 51.8 months of latest annual operating outflow; those measures describe different aspects of liquidity.

Financial Health Signals

Financial Health Score 51/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Dolphin Entertainment, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

Dolphin Entertainment, Inc. held $8.8M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $2.0M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Dolphin Entertainment, Inc. scores 67/100 among other emerging companies.

Dilution

Dolphin Entertainment, Inc. had 12M shares outstanding at the end of fiscal year 2025, against 11M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Dolphin Entertainment, Inc. scores 80/100 among other emerging companies.

R&D Intensity

Not available for Dolphin Entertainment, Inc., and counted as zero in the overall score.

Revenue Progress

Dolphin Entertainment, Inc. reported revenue of $56.7M in fiscal year 2025, against $51.7M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Dolphin Entertainment, Inc. scores 60/100 among other emerging companies.

Burn Trend

Dolphin Entertainment, Inc.'s operations used $2.0M of cash in fiscal year 2025, against $158K used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Dolphin Entertainment, Inc. scores 75/100 among other emerging companies.

Balance Sheet

Dolphin Entertainment, Inc.'s cash, cash equivalents and investments came to $8.8M at the end of fiscal year 2025, against $48.6M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Dolphin Entertainment, Inc. scores 25/100 among other emerging companies.

Altman Z-Score Distress

-2.54

Dolphin Entertainment, Inc. scores -2.54, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($13.4M) relative to total liabilities ($48.6M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

3/8

Dolphin Entertainment, Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Dolphin Entertainment, Inc. reported a net loss of $3 while operations used $2.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Dolphin Entertainment, Inc. reported an operating loss of $39K against $2.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$14.4M

YoY+2.5%

QoQ+12.8%

5Y CAGR+10.8%

10Y CAGR+13.7%

Dolphin Entertainment, Inc. generated $14.4M in revenue in Q2 2026. This represents an increase of 2.5% from the same quarter a year earlier. Against the prior quarter it is up 12.8%.

EBITDA

-$497K

YoY-193.0%

QoQ+68.9%

Dolphin Entertainment, Inc.'s EBITDA was -$497K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 193.0% from the same quarter a year earlier. Against the prior quarter it is up 68.9%.

Net Income

-$1.6M

YoY-13.6%

QoQ+40.4%

Dolphin Entertainment, Inc. reported -$1.6M in net income in Q2 2026. This represents a decrease of 13.6% from the same quarter a year earlier. Against the prior quarter it is up 40.4%.

EPS (Diluted)

-$0.13

YoY0.0%

QoQ+40.9%

Dolphin Entertainment, Inc. earned -$0.13 per diluted share (EPS) in Q2 2026. That is unchanged from the same quarter a year earlier. Against the prior quarter it is up 40.9%.

Cash & Balance Sheet

Free Cash Flow

-$162K

YoY-110.8%

QoQ+92.1%

Dolphin Entertainment, Inc. recorded an outflow of $162K in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 110.8% from the same quarter a year earlier. Against the prior quarter it is up 92.1%.

Cash & Debt

$7.7M

YoY-11.9%

QoQ+22.0%

5Y CAGR-3.7%

10Y CAGR-47.7%

Dolphin Entertainment, Inc. held $7.7M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

13M

YoY+11.0%

QoQ+4.1%

Dolphin Entertainment, Inc. had 13M shares outstanding in Q2 2026. This represents an increase of 11.0% from the same quarter a year earlier. Against the prior quarter it is up 4.1%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

92.9%

YoY-1.9pp

QoQ-1.0pp

5Y change+2.5pp

10Y change-7.1pp

Dolphin Entertainment, Inc.'s gross margin was 92.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.0 percentage points.

Operating Margin

-7.1%

YoY-6.7pp

QoQ+9.5pp

5Y change-9.7pp

Dolphin Entertainment, Inc.'s operating margin was -7.1% in Q2 2026, reflecting core business profitability. This is down 6.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.5 percentage points.

Net Margin

-11.1%

YoY-1.1pp

QoQ+9.9pp

5Y change-26.7pp

Dolphin Entertainment, Inc.'s net profit margin was -11.1% in Q2 2026, showing the share of revenue converted to profit. This is down 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.9 percentage points.

Return on Equity

-25.8%

YoY-7.9pp

QoQ+11.0pp

5Y change-31.9pp

Dolphin Entertainment, Inc.'s ROE was -25.8% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 7.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 11.0 percentage points.

Capital Allocation

Capital Expenditures

QoQ-100.0%

Dolphin Entertainment, Inc. reported no capital expenditure in Q2 2026. Against the prior quarter it is down 100.0%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

DLPN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DLPN quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$57.7M	$56.7M+9.7%	$51.7M+19.9%	$43.1M+6.5%	$40.5M+13.4%	$35.7M+48.5%	$24.1M-3.8%	$25.0M+10.9%	$22.6M+0.6%	$22.4M+138.5%	$9.4M+203.0%	$3.1M+49.8%	$2.1M-9.8%	$2.3M-40.6%	$3.9M+717.2%	$473K
Cost of Revenue	$3.0M	$2.3M-30.5%	$3.3M+254.3%	$922K-74.1%	$3.6M-8.1%	$3.9M+50.6%	$2.6M-48.9%	$5.0M+131.7%	$2.2M-53.1%	$4.6M-56.5%	$10.7M+312.1%	$2.6M+1521.7%	$160K-76.6%	$683K-80.0%	$3.4M+104305.4%	$3K
Gross Profit	$54.7M	$3.0M0.0%	$3.0M0.0%	$3.0M+99999900.0%	$3-100.0%	$3.0M0.0%	$3.0M0.0%	$3.0M0.0%	$3.0M-83.1%	$17.8M+1504.4%	-$1.3M-346.4%	$514K-73.1%	$1.9M+18.6%	$1.6M+259.7%	$448K-4.6%	$470K
SG&A Expenses	$8.0M	$7.8M+0.2%	$7.8M-7.6%	$8.4M+28.3%	$6.6M+12.6%	$5.8M+21.0%	$4.8M+26.9%	$3.8M-15.3%	$4.5M+42.1%	$3.2M+157.5%	$1.2M-33.6%	$1.8M+20.3%	$1.5M-36.0%	$2.4M+25.2%	$1.9M+55.3%	$1.2M
Operating Income	-$1.4M	-$39K+99.6%	-$10.5M+47.9%	-$20.1M-339.6%	-$4.6M+16.9%	-$5.5M-110.7%	-$2.6M+36.1%	-$4.1M+1.5%	-$4.1M-330.5%	-$964K+94.6%	-$17.7M-229.5%	-$5.4M-328.8%	-$1.3M+35.6%	-$1.9M+42.6%	-$3.4M-161.0%	-$1.3M
EBITDA	N/A	$2.3M+128.6%	-$8.1M+54.6%	-$17.9M-532.3%	-$2.8M+21.5%	-$3.6M-519.0%	-$581K+72.8%	-$2.1M+1.5%	-$2.2M-845.5%	$291K+101.6%	-$17.7M-230.6%	-$5.3M-333.7%	-$1.2M+36.3%	-$1.9M+42.8%	-$3.4M-160.6%	-$1.3M
Interest Expense	$2.2M	$2.2M+6.0%	$2.1M-0.7%	$2.1M+141.1%	$865K+10.1%	$785K-63.2%	$2.1M-16.2%	$2.5M+142.3%	$1.1M-34.1%	$1.6M-66.2%	$4.7M+32.5%	$3.6M+438.8%	$661K+17.4%	$563K+67.3%	$336K+136.6%	$142K
Income Tax	N/A	$69K-21.0%	$88K+64.2%	$54K-69.8%	$177K+373.8%	$37K+127.3%	-$137K+67.2%	-$418K+61.7%	-$1.1M-421.8%	$339K	$0	$0	$0	$0	$0	$0
Net Income	-$555K	-$3+75.4%	-$13+48.4%	-$24+100.0%	-$4.8M+26.0%	-$6.5M-233.2%	-$1.9M+16.7%	-$2.3M+20.1%	-$2.9M-142.1%	$6.9M+118.6%	-$37.2M-320.9%	-$8.8M-371.6%	-$1.9M+23.9%	-$2.5M+27.3%	-$3.4M-175.9%	-$1.2M
EPS (Basic)	N/A	-$0.27+77.9%	-$1.22+64.0%	-$3.39-591.8%	-$0.49+42.4%	-$0.85-142.9%	-$0.35+50.0%	-$0.70-218.2%	-$0.22-130.6%	$0.72+107.5%	-$9.66	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	-$0.29	-$0.27+77.9%	-$1.22+64.0%	-$3.39	-$0.56+34.1%	-$0.85	-$0.58	-$1.20	-$0.23-15.0%	-$0.20+97.9%	-$9.66	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	12M+12.1%	10M+43.0%	7M	10M+30.4%	8M	6M	4M	16M+52.3%	11M+141.7%	4M	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$14.4M+2.5%	$12.8M+5.2%	$15.6M+27.0%	$14.8M+16.7%	$14.1M+23.0%	$12.2M-20.1%	$12.3M+2.5%	$12.7M+24.5%
Cost of Revenue	$1.0M+38.6%	$785K+127.8%	$539K+13.2%	$644K+152.9%	$742K+243.2%	$344K-85.1%	$476K+58.5%	$255K+37.4%
Gross Profit	$13.4M+0.5%	$12.0M+1.6%	$15.1M+27.6%	$14.2M+13.9%	$13.3M+18.8%	$11.8M-8.4%	$11.8M+1.0%	$12.4M+24.3%
SG&A Expenses	$1.8M-6.4%	$2.0M+15.5%	$2.1M-1.8%	$2.0M+11.0%	$1.9M+3.1%	$1.8M-10.3%	$2.1M-12.1%	$1.8M-14.5%
Operating Income	-$1.0M-1707.2%	-$2.1M-20.5%	$1.5M+207.8%	$308K+103.8%	-$57K+94.9%	-$1.8M-1177.9%	-$1.4M+82.8%	-$8.2M-286.2%
EBITDA	-$497K-193.0%	-$1.6M-35.3%	$2.1M+379.6%	$898K+111.9%	$534K+194.8%	-$1.2M-264.7%	-$739K+89.9%	-$7.5M-377.1%
Interest Expense	$579K+3.1%	$548K-1.1%	$452K-11.6%	$628K+17.7%	$561K+7.5%	$554K+10.0%	$511K-24.0%	$533K-11.8%
Income Tax	$18K-18.0%	$18K-18.0%	N/A	N/A	$22K-8.6%	$22K-8.6%	$43K+214.3%	-$2K-107.6%
Net Income	-$1.6M-13.6%	-$2.7M-15.6%	$4.1M-61.4%	-$365K+95.8%	-$1.4M+13.0%	-$2.3M-612.8%	$10.6M-28.0%	-$8.7M-125.0%
EPS (Basic)	-$0.130.0%	-$0.22-4.8%	$0.09+160.0%	-$0.03+96.3%	-$0.13+23.5%	-$0.21-425.0%	-$0.15+87.2%	-$0.80-45.5%
EPS (Diluted)	-$0.130.0%	-$0.22-4.8%	$0.09+160.0%	-$0.03+96.3%	-$0.13	-$0.21-425.0%	-$0.15+87.2%	-$0.80
Diluted Shares (Avg)	13M+14.4%	12M+10.4%	N/A	12M+7.7%	11M	11M+20.0%	N/A	11M

Not reported in any period shown, so not listed: R&D Expenses.

DLPN Balance Sheet

DLPN quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$58.3M-0.2%	$58.4M-11.8%	$66.3M-12.1%	$75.4M+42.8%	$52.8M+0.1%	$52.7M+23.9%	$42.6M+12.1%	$38.0M+13.1%	$33.6M+136.6%	$14.2M-33.6%	$21.4M+1331.1%	$1.5M-7.8%	$1.6M+3.5%	$1.6M-2.7%	$1.6M
Current Assets	$24.0M+19.4%	$20.1M-3.2%	$20.7M-13.2%	$23.9M+30.5%	$18.3M+31.6%	$13.9M+102.4%	$6.9M-31.8%	$10.1M+6.9%	$9.4M+14.2%	$8.2M+43.5%	$5.7M+744.1%	$681K-14.4%	$795K+48.5%	$535K+910.6%	$53K
Cash & Equivalents	$8.8M+6.7%	$8.2M+27.5%	$6.4M+6.0%	$6.1M-21.1%	$7.7M-3.0%	$7.9M+260.8%	$2.2M-60.4%	$5.5M+4.6%	$5.3M+699.5%	$663K-72.3%	$2.4M+1105.6%	$198K-71.9%	$707K+150.0%	$283K+1407.2%	$19K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$8K+3.5%	$8K
Accounts Receivable	$7.8M+53.5%	$5.1M-12.1%	$5.8M	N/A	N/A	$5.0M+40.4%	$3.6M+12.9%	$3.2M-14.3%	$3.7M+0.9%	$3.7M	$0	N/A	N/A	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$21.5M0.0%	$21.5M-14.7%	$25.2M-14.0%	$29.3M+46.4%	$20.0M+2.0%	$19.6M+9.4%	$17.9M+12.7%	$15.9M+24.6%	$12.8M	$0	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$48.6M+3.9%	$46.8M+1.1%	$46.3M+12.1%	$41.3M+38.3%	$29.9M+0.6%	$29.7M-10.0%	$33.0M+21.2%	$27.2M-1.1%	$27.5M-40.3%	$46.1M-15.1%	$54.2M+112.8%	$25.5M+198.8%	$8.5M+41.8%	$6.0M-4.8%	$6.3M
Current Liabilities	$28.5M+7.6%	$26.5M-3.4%	$27.5M+8.6%	$25.3M+69.1%	$15.0M-11.3%	$16.9M-24.8%	$22.4M+2.2%	$21.9M+9.0%	$20.1M-49.3%	$39.7M-19.2%	$49.1M+377.3%	$10.3M+20.6%	$8.5M+41.8%	$6.0M-4.8%	$6.3M
Non-Current Liabilities	$20.1M-0.8%	$20.3M+7.6%	$18.8M+17.8%	$16.0M+7.9%	$14.8M+15.6%	$12.8M+21.3%	$10.6M+100.4%	$5.3M-28.7%	$7.4M+15.7%	$6.4M+24.2%	$5.1M-66.1%	$15.2M	$0	$0	$0
Long-Term Debt	N/A	N/A	N/A	$2.5M	N/A	N/A	N/A	N/A	N/A	N/A	$2.6M	N/A	N/A	N/A	N/A
Total Equity	$9.7M-16.8%	$11.6M-41.6%	$20.0M-41.5%	$34.1M+48.6%	$22.9M+16.6%	$19.7M+105.4%	$9.6M-11.1%	$10.8M+77.4%	$6.1M+119.1%	-$31.9M+3.0%	-$32.9M-37.0%	-$24.0M-247.3%	-$6.9M-55.4%	-$4.4M+5.6%	-$4.7M
Retained Earnings	-$149.3M-2.1%	-$146.2M-9.4%	-$133.6M-22.3%	-$109.2M-4.6%	-$104.4M-6.6%	-$98.0M-0.8%	-$97.2M-2.8%	-$94.5M-1.8%	-$92.9M+6.9%	-$99.8M-59.4%	-$62.6M-62.4%	-$38.6M+0.3%	-$38.7M-13.0%	-$34.2M-11.7%	-$30.6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$54.9M-6.3%	$53.3M-9.1%	$58.3M-0.2%	$60.0M+4.6%	$58.6M-10.6%	$58.6M-10.0%	$58.4M-11.8%	$57.3M-12.8%
Current Assets	$22.4M+1.0%	$19.7M-6.7%	$24.0M+19.4%	$24.5M+29.9%	$22.2M-6.8%	$21.2M-4.9%	$20.1M-3.2%	$18.9M-24.6%
Cash & Equivalents	$7.7M-11.9%	$6.3M-11.3%	$8.8M+6.7%	$7.8M+38.4%	$8.7M-0.2%	$7.1M+10.6%	$8.2M+27.5%	$5.7M-11.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$7.0M+13.6%	$7.0M	$7.8M+53.5%	$8.5M	$6.2M	N/A	$5.1M-12.1%	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$21.5M0.0%	$21.5M0.0%	$21.5M0.0%	$21.5M-0.5%	$21.5M-14.7%	$21.5M-14.7%	$21.5M-14.7%	$21.6M-5.2%
Total Liabilities	$48.7M-4.0%	$46.0M-6.7%	$48.6M+3.9%	$51.5M+17.9%	$50.7M+12.3%	$49.3M+10.0%	$46.8M+1.1%	$43.7M+2.0%
Current Liabilities	$29.2M+0.2%	$27.1M-4.6%	$28.5M+7.6%	$29.9M+20.4%	$29.1M+12.0%	$28.5M+10.6%	$26.5M-3.4%	$24.8M+8.0%
Non-Current Liabilities	$19.5M-9.6%	$18.8M-9.5%	$20.1M-0.8%	$21.7M+14.6%	$21.6M+12.8%	$20.8M+9.2%	$20.3M+7.6%	$18.9M-5.0%
Total Equity	$6.2M-21.3%	$7.3M-21.6%	$9.7M-16.8%	$8.4M-38.0%	$7.9M-61.3%	$9.3M-54.0%	$11.6M-41.6%	$13.6M-40.6%
Retained Earnings	-$153.6M-2.4%	-$152.0M-2.3%	-$149.3M-2.1%	-$150.3M-4.2%	-$150.0M-10.6%	-$148.5M-10.9%	-$146.2M-9.4%	-$144.3M-16.3%

Not reported in any period shown, so not listed: Inventory, Long-Term Debt.

DLPN Cash Flow Statement

DLPN quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$4.0M	-$2.0M-1184.5%	-$158K+96.9%	-$5.0M-24.6%	-$4.0M-205.4%	-$1.3M+12.5%	-$1.5M+48.2%	-$2.9M-365.0%	-$625K-107.5%	$8.4M+155.8%	-$15.0M-111.9%	-$7.1M-421.4%	-$1.4M+23.3%	-$1.8M+40.3%	-$3.0M-31.4%	-$2.3M
Depreciation & Amortization	N/A	$2.4M-1.2%	$2.4M+5.7%	$2.3M+28.7%	$1.8M-8.1%	$1.9M-6.2%	$2.0M+4.3%	$1.9M-1.6%	$2.0M+57.7%	$1.3M+6103.4%	$20K-18.5%	$25K+26.5%	$20K+105.8%	$10K+83.4%	$5K	$0
Stock-Based Compensation	N/A	$12K-96.6%	$365K+2.7%	$355K+64.7%	$216K	N/A	N/A	N/A	$20K-93.8%	$330K	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	$2K	$1K-26.1%	$2K-94.8%	$29K-59.8%	$72K	N/A	$77K-25.3%	$103K+15.4%	$90K-60.5%	$227K	$0-100.0%	$3K-96.5%	$74K+383.2%	$15K-8.3%	$17K+165.5%	$6K
Free Cash Flow	-$4.0M	-$2.0M-1173.0%	-$159K+96.8%	-$5.0M-23.1%	-$4.1M	N/A	-$1.6M+47.4%	-$3.0M-321.2%	-$714K-108.8%	$8.1M+154.3%	-$15.0M-111.8%	-$7.1M-394.6%	-$1.4M+19.9%	-$1.8M+40.1%	-$3.0M-31.8%	-$2.3M
Investing Cash Flow	$232K	$233K+109.5%	-$2.5M+45.8%	-$4.5M+42.7%	-$7.9M-161.7%	-$3.0M-119.9%	-$1.4M-53.1%	-$898K+43.7%	-$1.6M-300.6%	-$398K+68.1%	-$1.3M-48938.8%	-$3K+96.5%	-$74K-383.2%	-$15K+8.3%	-$17K-165.5%	-$6K
Financing Cash Flow	$2.8M	$2.3M-43.9%	$4.2M-57.8%	$9.9M-9.1%	$10.9M+177.2%	$3.9M-54.3%	$8.6M+1859.4%	$439K-86.3%	$3.2M+169.9%	-$4.6M-131.6%	$14.5M+59.8%	$9.1M+884.7%	$921K-58.3%	$2.2M-31.9%	$3.2M+42.4%	$2.3M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$162K-110.8%	-$2.0M-19.9%	$577K-32.2%	-$2.4M-44.2%	$1.5M-18.4%	-$1.7M-44.0%	$850K+782.8%	-$1.7M+6.5%
Depreciation & Amortization	$534K-9.7%	$537K-9.2%	$582K-8.6%	$589K-7.4%	$592K+6.5%	$592K+7.0%	$637K-0.6%	$637K+18.9%
Capital Expenditures	$0	$2K+70.0%	$0-100.0%	$29	$0	$1K	$2-100.0%	$0-100.0%
Free Cash Flow	-$162K-110.8%	-$2.0M-19.9%	$577K-32.2%	-$2.4M-44.2%	$1.5M	-$1.7M	$850K+745.9%	-$1.7M+7.2%
Investing Cash Flow	$0	-$2K-70.0%	$234K+11709700.0%	-$29+100.0%	$0	-$1K	-$2+100.0%	-$1.3M-10523.5%
Financing Cash Flow	$1.5M+1354.1%	-$429K-173.2%	$113K-93.3%	$1.5M+668.9%	$106K-93.5%	$586K-48.4%	$1.7M-18.2%	-$271K-107.1%

Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.

DLPN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DLPN quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	5.3%-0.5pp	5.8%-1.2pp	7.0%+7.0pp	0.0%-8.4pp	8.4%-4.1pp	12.5%+0.5pp	12.0%-1.3pp	13.3%-66.0pp	79.3%+92.8pp	-13.5%-30.0pp	16.6%-75.7pp	92.3%+22.1pp	70.2%+58.6pp	11.6%-87.7pp	99.3%
Operating Margin	-0.1%+20.2pp	-20.3%+26.3pp	-46.6%-35.3pp	-11.3%+4.1pp	-15.4%-4.5pp	-10.9%+5.5pp	-16.3%+2.1pp	-18.4%-14.1pp	-4.3%	-188.4%	-173.3%	-60.5%+24.4pp	-84.9%+2.9pp	-87.8%	-274.8%
Net Margin	0.0%0.0pp	0.0%0.0pp	0.0%+11.8pp	-11.8%+6.3pp	-18.1%-10.0pp	-8.1%+1.2pp	-9.3%+3.6pp	-12.9%-43.8pp	30.8%	-395.8%	-285.0%	-90.5%	-107.3%	-87.6%	-259.5%
Return on Equity	0.0%0.0pp	0.0%0.0pp	0.0%+14.0pp	-14.0%+14.2pp	-28.2%-18.3pp	-9.9%+14.5pp	-24.3%+2.7pp	-27.0%-140.8pp	113.8%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	0.0%0.0pp	0.0%0.0pp	0.0%+6.3pp	-6.3%+5.9pp	-12.2%-8.6pp	-3.7%+1.8pp	-5.5%+2.2pp	-7.7%-28.2pp	20.6%+282.5pp	-261.9%-220.6pp	-41.3%+84.1pp	-125.5%+26.5pp	-152.0%+64.3pp	-216.2%-140.0pp	-76.3%
Current Ratio	0.84+0.1x	0.760.0x	0.75-0.2x	0.94-0.3x	1.22+0.4x	0.82+0.5x	0.31-0.2x	0.460.0x	0.47+0.3x	0.21+0.1x	0.12+0.1x	0.070.0x	0.090.0x	0.09+0.1x	0.01
Debt-to-Equity	5.02+1.0x	4.02+1.7x	2.32+2.2x	0.07-1.2x	1.30-0.2x	1.51-1.9x	3.45+0.9x	2.53-2.0x	4.53	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover	0.97+0.1x	0.88+0.2x	0.65+0.1x	0.54-0.1x	0.68+0.2x	0.46-0.1x	0.590.0x	0.59-0.1x	0.670.0x	0.66+0.5x	0.15-1.2x	1.390.0x	1.42-1.1x	2.47+2.2x	0.29
FCF Margin	-3.6%-3.3pp	-0.3%+11.4pp	-11.7%-1.6pp	-10.1%	N/A	-6.6%+5.5pp	-12.0%-8.9pp	-3.2%-39.5pp	36.3%	-159.4%	-227.9%	-69.0%+8.7pp	-77.7%-0.7pp	-77.0%	-477.7%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	92.9%-1.9pp	93.9%-3.3pp	96.6%+0.4pp	95.7%-2.3pp	94.7%-3.4pp	97.2%+12.4pp	96.1%-1.4pp	98.0%-0.2pp
Operating Margin	-7.1%-6.7pp	-16.7%-2.1pp	9.5%+20.6pp	2.1%+66.4pp	-0.4%+9.4pp	-14.6%-15.7pp	-11.2%+55.2pp	-64.3%-43.6pp
Net Margin	-11.1%-1.1pp	-21.0%-1.9pp	26.3%-60.1pp	-2.5%+66.1pp	-10.0%+4.1pp	-19.1%-17.0pp	86.4%	-68.5%-30.6pp
Return on Equity	-25.8%-7.9pp	-36.8%-11.8pp	42.4%-49.0pp	-4.3%+59.6pp	-17.9%-9.9pp	-25.0%-23.4pp	91.4%+17.3pp	-63.9%-47.0pp
Return on Assets	-2.9%-0.5pp	-5.1%-1.1pp	7.0%-11.2pp	-0.6%+14.6pp	-2.4%+0.1pp	-4.0%-3.5pp	18.2%-4.1pp	-15.2%-9.3pp
Current Ratio	0.770.0x	0.730.0x	0.84+0.1x	0.82+0.1x	0.76-0.2x	0.74-0.1x	0.760.0x	0.76-0.3x
Debt-to-Equity	7.83+1.4x	6.29+1.0x	5.02+1.0x	6.11+2.9x	6.42+4.2x	5.29+3.1x	4.02+1.7x	3.21+1.3x
Asset Turnover	0.260.0x	0.240.0x	0.27+0.1x	0.250.0x	0.24+0.1x	0.210.0x	0.210.0x	0.22+0.1x
FCF Margin	-1.1%-11.8pp	-16.0%-1.9pp	3.7%-3.2pp	-16.3%-3.1pp	10.7%	-14.0%	6.9%+8.0pp	-13.2%+4.5pp

Note: The current ratio is below 1.0 (0.84), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Dolphin Entertainment, Inc. DLPN	FY2025	$56.7M	-$3	0.0%	$13.4M	51/100
36Kr Holdings Inc. KRKR	FY2020	$59.3M	-$42.8M	-72.2%	$5.9M	—
Direct Digital Holdings, Inc. DRCT	FY2025	$34.7M	-$18.9M	-54.6%	$692K	3/100
Lendway, Inc. LDWY	FY2024	$37.8M	-$5.7M	-15.2%	$9.3M	47/100
Cheer Holding, Inc. CHR	FY2025	$148.8M	$25.6M	17.2%	$3.9M	73/100

Where Dolphin Entertainment, Inc. Ranks

Frequently Asked Questions

What is Dolphin Entertainment, Inc.'s annual revenue?

Dolphin Entertainment, Inc. (DLPN) reported $56.7M in total revenue for fiscal year 2025. This represents a 9.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Dolphin Entertainment, Inc.'s revenue growing?

Dolphin Entertainment, Inc. (DLPN) revenue grew by 9.7% year-over-year, from $51.7M to $56.7M in fiscal year 2025.

Is Dolphin Entertainment, Inc. profitable?

No, Dolphin Entertainment, Inc. (DLPN) reported a net income of -$3 in fiscal year 2025, with a net profit margin of 0.0%.

What is Dolphin Entertainment, Inc.'s EBITDA?

Dolphin Entertainment, Inc. (DLPN) had EBITDA of $2.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Dolphin Entertainment, Inc.'s gross margin?

Dolphin Entertainment, Inc. (DLPN) had a gross margin of 5.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Dolphin Entertainment, Inc.'s operating margin?

Dolphin Entertainment, Inc. (DLPN) had an operating margin of -0.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Dolphin Entertainment, Inc.'s net profit margin?

Dolphin Entertainment, Inc. (DLPN) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Dolphin Entertainment, Inc.'s return on equity (ROE)?

Dolphin Entertainment, Inc. (DLPN) has a return on equity of 0.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Dolphin Entertainment, Inc.'s free cash flow?

Dolphin Entertainment, Inc. (DLPN) recorded an outflow of $2.0M in free cash flow during fiscal year 2025. This represents a -1173.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Dolphin Entertainment, Inc.'s operating cash flow?

Dolphin Entertainment, Inc. (DLPN) recorded an outflow of $2.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Dolphin Entertainment, Inc.'s total assets?

Dolphin Entertainment, Inc. (DLPN) had $58.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Dolphin Entertainment, Inc.'s capital expenditures?

Dolphin Entertainment, Inc. (DLPN) invested $1K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Dolphin Entertainment, Inc. have outstanding?

Dolphin Entertainment, Inc. (DLPN) had 12M shares outstanding as of fiscal year 2025.

What is Dolphin Entertainment, Inc.'s current ratio?

Dolphin Entertainment, Inc. (DLPN) had a current ratio of 0.84 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Dolphin Entertainment, Inc.'s debt-to-equity ratio?

Dolphin Entertainment, Inc. (DLPN) had a debt-to-equity ratio of 5.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Dolphin Entertainment, Inc.'s return on assets (ROA)?

Dolphin Entertainment, Inc. (DLPN) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Dolphin Entertainment, Inc.'s P/E ratio?

Dolphin Entertainment, Inc. (DLPN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $13.4M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Dolphin Entertainment, Inc.'s price-to-sales ratio?

Dolphin Entertainment, Inc. (DLPN) trades at 0.2x sales, its market capitalization divided by revenue of $57.7M revenue, trailing 12 months to June 30, 2026. The market capitalization is $13.4M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does Dolphin Entertainment, Inc.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Dolphin Entertainment, Inc. (DLPN) held $8.8M in cash, cash equivalents and investments, and reported an operating cash outflow of $2.0M over that year. Dividing the one by the other, the reported balance equals about 52 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Dolphin Entertainment, Inc.'s Altman Z-Score?

Dolphin Entertainment, Inc. (DLPN) has an Altman Z-Score of -2.54, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Dolphin Entertainment, Inc.'s Piotroski F-Score?

Dolphin Entertainment, Inc. (DLPN) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Dolphin Entertainment, Inc.'s earnings high quality?

Dolphin Entertainment, Inc. (DLPN) reported a net loss of $3 while operations used $2.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Dolphin Entertainment, Inc. cover its interest payments?

Dolphin Entertainment, Inc. (DLPN) reported an operating loss of $39K against $2.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Dolphin Entertainment, Inc.?

Dolphin Entertainment, Inc. (DLPN) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.