Gaia, Inc. (GAIA) Financials
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 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GAIA SEC filings page.
Gaia, Inc. (GAIA) reported $98.1M in revenue over the twelve months to Jun 30, 2026, up 3.7% 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).
Gaia’s revenue is expanding, but high gross margins still do not cover overhead and reinvestment, leaving cash generation uneven.
Despite a FY2025 net loss of$4.5M , operating cash flow was$5.7M , because noncash charges—especially depreciation and amortization—inflate cash relative to accounting earnings. After capital spending, cash conversion turned negative at-$377K , so positive operating cash did not translate into cash available after reinvestment.
Revenue rose from
A 0.6x current ratio means short-term obligations exceeded current assets in FY2025, even though long-term debt was only
Financial Health Signals
Gaia, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Gaia, Inc. scores -0.04, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($35.9M) relative to total liabilities ($52.5M). 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.
Gaia, Inc. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Gaia, Inc. reported a net loss of $4.5M while generating $5.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Gaia, Inc. generated $23.3M in revenue in Q2 2026. This represents a decrease of 5.3% from the same quarter a year earlier. Against the prior quarter it is down 4.0%.
Gaia, Inc.'s EBITDA was -$1.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 912.6% from the same quarter a year earlier. Against the prior quarter it is down 384.5%.
Gaia, Inc. reported -$3.0M in net income in Q2 2026. This represents a decrease of 68.2% from the same quarter a year earlier. Against the prior quarter it is down 141.4%.
Gaia, Inc. earned -$0.12 per diluted share (EPS) in Q2 2026. This represents a decrease of 71.4% from the same quarter a year earlier. Against the prior quarter it is down 140.0%.
Cash & Balance Sheet
Gaia, Inc. recorded an outflow of $7.9M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 996.7% from the same quarter a year earlier. Against the prior quarter it is down 5923.7%.
Gaia, Inc. held $5.3M in cash against $5.3M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Gaia, Inc.'s gross margin was 85.3% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.
Gaia, Inc.'s operating margin was -13.8% in Q2 2026, reflecting core business profitability. This is down 4.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.9 percentage points.
Gaia, Inc.'s net profit margin was -13.0% in Q2 2026, showing the share of revenue converted to profit. This is down 5.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.8 percentage points.
Gaia, Inc.'s ROE was -3.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.2 percentage points.
Capital Allocation
Gaia, Inc. spent $125K on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is up 119.3%.
Gaia, Inc. invested $2.5M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 78.9% from the same quarter a year earlier. Against the prior quarter it is up 54.7%.
Not reported for Q2 2026.
GAIA 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.
| 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 | $23.3M-5.3% | $24.3M+2.0% | $25.5M+5.8% | $25.0M+13.4% | $24.6M+12.7% | $23.8M+11.9% | $24.1M+16.3% | $22.0M+8.9% |
| Cost of Revenue | $3.4M+4.1% | $3.4M+16.1% | $3.2M+11.2% | $3.4M+11.0% | $3.3M-3.0% | $2.9M-6.3% | $2.8M-6.2% | $3.1M+3.0% |
| Gross Profit | $19.9M-6.7% | $20.9M0.0% | $22.3M+5.1% | $21.6M+13.8% | $21.3M+15.6% | $20.9M+15.0% | $21.3M+20.2% | $19.0M+10.0% |
| SG&A Expenses | $1.5M-47.5% | $2.3M+23.0% | $2.4M+10.3% | $2.2M+11.1% | $2.9M+46.3% | $1.9M+16.5% | $2.1M+44.1% | $2.0M+40.5% |
| Operating Income | -$3.2M-46.4% | -$1.4M-40.8% | -$653K+61.8% | -$1.2M-6.8% | -$2.2M-10.2% | -$1.0M-18.7% | -$1.7M-14.4% | -$1.2M-160.0% |
| EBITDA | -$1.3M-912.6% | $452K-60.1% | $1.3M+132.1% | $678K-30.2% | -$127K-167.2% | $1.1M-2.0% | $545K+23.3% | $972K-35.5% |
| Income Tax | -$7K-800.0% | $34K-29.2% | $131K | $12K | $1K | $48K | N/A | N/A |
| Net Income | -$3.0M-68.2% | -$1.3M-23.8% | -$526K+42.0% | -$1.2M+3.3% | -$1.8M+16.7% | -$1.0M-4.4% | -$907K+48.8% | -$1.2M-67.2% |
| EPS (Basic) | -$0.12-71.4% | -$0.05-25.0% | -$0.02+33.3% | -$0.050.0% | -$0.07+22.2% | -$0.04+20.0% | -$0.03+62.5% | -$0.05-25.0% |
| EPS (Diluted) | -$0.12-71.4% | -$0.05-25.0% | -$0.02+33.3% | -$0.050.0% | -$0.07+22.2% | -$0.04+20.0% | -$0.03+62.5% | -$0.05-25.0% |
| Diluted Shares (Avg) | 25M-0.2% | 25M+2.7% | N/A | 25M+7.0% | 25M+7.1% | 24M+5.1% | N/A | 23M+10.6% |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.
GAIA Balance Sheet
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.
| 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 | $147.7M+0.5% | $154.6M+4.1% | $154.6M+9.5% | $151.1M+8.2% | $147.0M+3.4% | $148.5M+11.0% | $141.2M+8.4% | $139.6M+3.5% |
| Current Assets | $14.6M-37.7% | $22.0M-8.8% | $22.5M+43.0% | $23.5M+63.3% | $23.5M+50.2% | $24.2M+12.6% | $15.7M-2.1% | $14.4M-25.1% |
| Cash & Equivalents | $5.3M-62.1% | $13.1M+0.1% | $13.5M+131.1% | $14.2M+224.4% | $13.9M+155.1% | $13.1M+52.2% | $5.9M-24.5% | $4.4M-61.1% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $5.5M-4.5% | $5.4M-3.3% | $5.4M-2.2% | $5.6M+11.7% | $5.7M+19.0% | $5.6M+18.8% | $5.6M+35.2% | $5.0M+31.5% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $34.0M+6.4% | $34.0M+6.4% | $34.0M+6.4% | $34.0M+6.4% | $31.9M0.0% | $31.9M0.0% | $31.9M0.0% | $31.9M0.0% |
| Total Liabilities | $49.6M+2.6% | $53.5M+10.7% | $52.5M+11.3% | $49.5M+9.8% | $48.4M+4.4% | $48.4M+1.5% | $47.2M+8.5% | $45.1M-12.4% |
| Current Liabilities | $35.5M-18.3% | $39.2M-9.3% | $38.0M-9.3% | $44.8M+32.5% | $43.4M+24.8% | $43.2M+20.5% | $41.8M+33.1% | $33.8M-13.9% |
| Non-Current Liabilities | $14.1M+185.3% | $14.3M+177.8% | $14.6M+171.1% | $4.7M-58.2% | $5.0M-57.2% | $5.2M-56.3% | $5.4M-55.5% | $11.3M-7.6% |
| Long-Term Debt | $5.3M | $5.4M | $5.5M | N/A | N/A | N/A | $0-100.0% | $5.7M-2.8% |
| Total Equity | $84.3M-1.7% | $87.0M0.0% | $87.9M+9.0% | $86.3M+6.2% | $85.7M+4.3% | $87.0M+2.6% | $80.7M-5.6% | $81.2M-1.1% |
| Retained Earnings | -$99.2M-6.4% | -$96.2M-5.2% | -$94.9M-5.0% | -$94.4M-5.3% | -$93.2M-5.4% | -$91.4M-6.0% | -$90.4M-6.1% | -$89.6M-7.5% |
Not reported in any period shown, so not listed: Inventory.
GAIA Cash Flow 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.
| 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 | -$5.4M-335.5% | $1.5M+15.0% | $1.8M-33.6% | $326K-20.3% | $2.3M+209.8% | $1.3M-78.1% | $2.7M-16.5% | $409K-71.1% |
| Depreciation & Amortization | $1.9M-6.7% | $1.9M-12.5% | $1.9M-14.9% | $1.9M-10.1% | $2.1M-5.2% | $2.1M+6.8% | $2.3M+16.4% | $2.1M+9.3% |
| Stock-Based Compensation | $400K-20.0% | $346K+7.1% | N/A | $400K+33.3% | $500K+52.9% | $323K-3.6% | N/A | $300K+435.7% |
| Capital Expenditures | $2.5M+78.9% | $1.6M+57.7% | $1.7M+53.5% | $1.9M+41.6% | $1.4M-3.0% | $1.0M-4.0% | $1.1M-52.1% | $1.4M+27.7% |
| Free Cash Flow | -$7.9M-996.7% | -$131K-148.9% | $76K-95.1% | -$1.6M-68.2% | $880K+124.9% | $268K-94.5% | $1.6M+75.8% | -$952K-372.8% |
| Investing Cash Flow | -$2.3M-62.5% | -$1.9M-80.0% | -$3.7M-230.0% | -$3.9M-188.5% | -$1.4M+87.7% | -$1.0M+4.0% | -$1.1M+51.6% | -$1.4M-27.7% |
| Financing Cash Flow | -$165K-258.7% | -$81K-101.2% | $1.3M+2861.7% | $3.8M+2803.5% | -$46K-100.7% | $7.0M+23306.7% | -$47K+98.9% | -$142K-14300.0% |
| Share Buybacks | $125K | $57K | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
GAIA 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.
| 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 | 85.3%-1.3pp | 86.0%-1.7pp | 87.6%-0.6pp | 86.4%+0.3pp | 86.7%+2.2pp | 87.7%+2.4pp | 88.2%+2.8pp | 86.1%+0.8pp |
| Operating Margin | -13.8%-4.9pp | -5.9%-1.6pp | -2.6%+4.5pp | -5.0%+0.3pp | -8.9%+0.2pp | -4.3%-0.2pp | -7.1%+0.1pp | -5.3%-3.1pp |
| Net Margin | -13.0%-5.7pp | -5.2%-0.9pp | -2.1%+1.7pp | -4.6%+0.8pp | -7.3%+2.6pp | -4.3%+0.3pp | -3.8%+4.8pp | -5.4%-1.9pp |
| Return on Equity | -3.6%-1.5pp | -1.4%-0.3pp | -0.6%+0.5pp | -1.3%+0.1pp | -2.1%+0.5pp | -1.2%0.0pp | -1.1%+0.9pp | -1.5%-0.6pp |
| Return on Assets | -2.1%-0.8pp | -0.8%-0.1pp | -0.3%+0.3pp | -0.8%+0.1pp | -1.2%+0.3pp | -0.7%+0.1pp | -0.6%+0.7pp | -0.9%-0.3pp |
| Current Ratio | 0.41-0.1x | 0.560.0x | 0.59+0.2x | 0.52+0.1x | 0.54+0.1x | 0.560.0x | 0.38-0.1x | 0.43-0.1x |
| Debt-to-Equity | 0.06-0.5x | 0.06-0.5x | 0.06+0.1x | 0.57+0.5x | 0.56+0.5x | 0.56+0.5x | 0.00-0.1x | 0.070.0x |
| Asset Turnover | 0.160.0x | 0.160.0x | 0.160.0x | 0.170.0x | 0.170.0x | 0.160.0x | 0.170.0x | 0.160.0x |
| FCF Margin | -33.8%-37.4pp | -0.5%-1.7pp | 0.3%-6.2pp | -6.4%-2.1pp | 3.6%+19.7pp | 1.1%-21.7pp | 6.5%+2.2pp | -4.3%-6.0pp |
Note: The current ratio is below 1.0 (0.59), 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 |
|---|---|---|---|---|---|---|
| Gaia, Inc. GAIA | FY2025 | $99.0M | -$4.5M | -4.5% | $35.9M | — |
| Pop Culture Group Co., Ltd CPOP | FY2025 | $107.6M | -$6.9M | -6.4% | $3.3M | 45/100 |
| NIP Group Inc. NIPG | FY2025 | $82.5M | -$13.3M | -16.1% | $83.8M | 44/100 |
| Mega Matrix Inc. MPU | FY2025 | $26.1M | -$34.3M | N/A | $8.8M | 22/100 |
| LiveOne, Inc. LVO | FY2026 | $77.1M | -$21.3M | -27.6% | $36.3M | 28/100 |
| Cineverse Corp. CNVS | FY2026 | $65.7M | -$8.7M | -13.2% | $46.1M | 21/100 |
Where Gaia, Inc. Ranks
Frequently Asked Questions
What is Gaia, Inc.'s annual revenue?
Gaia, Inc. (GAIA) reported $99.0M in total revenue for fiscal year 2025. This represents a 10.8% 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 Gaia, Inc.'s revenue growing?
Gaia, Inc. (GAIA) revenue grew by 10.8% year-over-year, from $89.3M to $99.0M in fiscal year 2025.
Is Gaia, Inc. profitable?
No, Gaia, Inc. (GAIA) reported a net income of -$4.5M in fiscal year 2025, with a net profit margin of -4.5%.
What is Gaia, Inc.'s EBITDA?
Gaia, Inc. (GAIA) had EBITDA of $3.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Gaia, Inc. have?
As of fiscal year 2025, Gaia, Inc. (GAIA) had $13.5M in cash and equivalents against $5.5M in long-term debt.
What is Gaia, Inc.'s gross margin?
Gaia, Inc. (GAIA) had a gross margin of 87.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Gaia, Inc.'s operating margin?
Gaia, Inc. (GAIA) had an operating margin of -5.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Gaia, Inc.'s net profit margin?
Gaia, Inc. (GAIA) had a net profit margin of -4.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Gaia, Inc.'s return on equity (ROE)?
Gaia, Inc. (GAIA) has a return on equity of -5.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Gaia, Inc.'s free cash flow?
Gaia, Inc. (GAIA) recorded an outflow of $377K in free cash flow during fiscal year 2025. This represents a -119.4% 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 Gaia, Inc.'s operating cash flow?
Gaia, Inc. (GAIA) generated $5.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Gaia, Inc.'s total assets?
Gaia, Inc. (GAIA) had $154.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Gaia, Inc.'s capital expenditures?
Gaia, Inc. (GAIA) invested $6.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Gaia, Inc.'s current ratio?
Gaia, Inc. (GAIA) had a current ratio of 0.59 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Gaia, Inc.'s debt-to-equity ratio?
Gaia, Inc. (GAIA) had a debt-to-equity ratio of 0.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gaia, Inc.'s return on assets (ROA)?
Gaia, Inc. (GAIA) had a return on assets of -2.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Gaia, Inc.'s P/E ratio?
Gaia, Inc. (GAIA) 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 $35.9M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Gaia, Inc.'s price-to-sales ratio?
Gaia, Inc. (GAIA) trades at 0.4x sales, its market capitalization divided by revenue of $98.1M revenue, trailing 12 months to June 30, 2026. The market capitalization is $35.9M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Gaia, Inc.'s Altman Z-Score?
Gaia, Inc. (GAIA) has an Altman Z-Score of -0.04, 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 Gaia, Inc.'s Piotroski F-Score?
Gaia, Inc. (GAIA) has a Piotroski F-Score of 6 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 Gaia, Inc.'s earnings high quality?
Gaia, Inc. (GAIA) reported a net loss of $4.5M while generating $5.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, 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.