Dolphin Entertainment Reports Record Revenue in Third Quarter 2026

Dolphin expects lease expirations in the second half of 2027 to generate more than $1 million in annual savings.

Rhea-AI Summary

Dolphin Entertainment (DLPN) reported record third-quarter 2026 revenue of $16.0 million, with growth accompanied by a return to quarterly profit. Revenue rose 8.3% year over year. Net income reached $230,277, versus a $365,494 loss, and basic and diluted earnings per share were $0.02 versus a $0.03 loss. Operating income increased to $823,548 from $308,296. Adjusted EBITDA, a non-GAAP measure of earnings before interest, taxes, depreciation, amortization and other adjustments, rose 42.9% to approximately $1.6 million.

Nine-month revenue increased 5.4% to $43.3 million, but the operating loss widened to $2.34 million from $1.52 million. Cash was $8.1 million at September 30, compared with $7.7 million at June 30 and $8.8 million at year-end 2025. Dolphin expects four venture launches in 2027, including at least one in the first quarter. Graviteur Studios plans to begin production of its first feature, Crush Party, in the first half of 2027.

17 points · 0 major

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0 major · 9 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointQ3 revenue rose 8.3% year over year to a record $16.0 million.
• Moderate pointQ3 net income reached $230,277 versus a $365,494 loss; basic and diluted EPS improved to $0.02 from $(0.03).
• Moderate pointQ3 operating income increased to $823,548 from $308,296 a year earlier.
• Moderate pointQ3 adjusted EBITDA increased 42.9% year over year to approximately $1.6 million.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Lease expirations in the second half of 2027 are expected to save more than $1 million annually.
• Moderate point. Forward-looking: it has not happened yet and may not happen.September 2028 bank term-loan maturity is expected to free approximately $2.2 million annually in principal and interest payments.

11 minor points

• Minor pointQ3 adjusted EBITDA EPS increased to $0.12 basic and $0.08 fully diluted, versus $0.09 and $0.06.
• Minor pointNine-month revenue increased 5.4% year over year to $43.3 million.
• Minor pointNine-month adjusted EBITDA increased 24.2% year over year to approximately $1.4 million.
• Minor pointNine-month net loss narrowed to $4,067,298 from $4,108,474; basic and diluted loss per share improved to $(0.32) from $(0.36).
• Minor pointSelling, general and administrative expenses fell to $1,837,458 in Q3 from $2,041,440 a year earlier.
• Minor pointDepreciation and amortization declined to $537,709 in Q3 from $589,388 a year earlier.
• Minor pointQ3 interest expense declined to $612,301 from $627,954 a year earlier.
• Minor point. Forward-looking: it has not happened yet and may not happen.Approximately $127 million in tax-loss carryforwards underpin Dolphin's expectation that most anticipated savings reach free cash flow.
• Minor point. Forward-looking: it has not happened yet and may not happen.Four venture launches are expected in 2027, including at least one in the first quarter.
• Minor point. Forward-looking: it has not happened yet and may not happen.Crush Party production is slated to begin in the first half of 2027, directed by Kristen Brancaccio.
• Minor pointThe Digital Dept. expanded its team by 45% and started teams in Dallas and Boston.

Negative

• Moderate pointNine-month operating loss widened to $2,343,945 from $1,522,284 a year earlier.
• Moderate pointCurrent liabilities of $28,881,508 exceeded current assets of $24,822,170 at September 30, 2026.
• Moderate pointStockholders' equity declined to $6,462,294 at September 30 from $9,690,425 at year-end 2025.
• Moderate pointQ3 payroll and benefits increased to $10,918,192 from $10,397,559 a year earlier.
• Moderate pointQ3 basic weighted-average shares increased to 13,029,555 from 11,770,195 a year earlier.

4 minor points

• Minor pointCash of $8.1 million exceeded June's $7.7 million but remained below year-end 2025's $8.8 million.
• Minor pointTotal liabilities increased to $50,548,902 at September 30 from $48,639,735 at year-end 2025.
• Minor pointQ3 direct costs increased to $861,875 from $643,931 a year earlier.
• Minor pointQ3 legal and professional expenses increased to $1,042,066 from $815,695 a year earlier.

News Explained

Dolphin forecasts future annual cash-flow relief from leases and loan payments, after future milestones.

Alongside its third-quarter results, Dolphin says future cost relief remains on schedule: the largest New York and Los Angeles leases are expected to expire in the second half of 2027, and the primary bank term loan is due in September 2028, so the savings are prospective, not current.

CEO Bill O’Dowd says he continues to buy shares weekly under a Rule 10b5-1 plan and owns more than 5% of common shares outstanding; the plan is adopted in advance and executes trades on a schedule or formula.

Key Figures

Q3 revenue: $16.0 million (+8.3% year-over-year) Nine-month revenue: $43.3 million (+5.4%) Q3 net income: $0.2 million +2 more

Q3 revenue

$16.0 million (+8.3% year-over-year)

Third quarter 2026; highest quarterly revenue in company history

Nine-month revenue

$43.3 million (+5.4%)

First nine months of 2026 versus the same period last year

Q3 net income

$0.2 million

Compared with a net loss of $0.4 million in Q3 2025

Q3 adjusted EBITDA

$1.6 million (+42.9%)

Q3 2026 versus $1.1 million in Q3 2025

Nine-month adjusted EBITDA

$1.4 million (+24.2%)

First nine months of 2026 versus $1.1 million in the same period last year

Key Terms

adjusted ebitda, non-gaap financial measures, nol carryforwards, 10b5-1 plan

4 terms

adjusted ebitda financial

"adjusted EBITDA increased 42.9% to $1.6 million versus $1.1 million a year ago"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

non-gaap financial measures financial

"Non-GAAP financial measures exclude certain income and/or expense items"

Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.

nol carryforwards financial

"With approximately $127 million in NOL carryforwards"

Net operating loss (NOL) carryforwards are tax losses from prior years that a company is allowed to apply against future taxable profits, like a store credit that reduces the amount it owes later. They matter to investors because they can lower future tax bills, boost expected cash flow and reported earnings, and therefore affect a company’s valuation and how quickly it can turn losses into sustainable profits.

10b5-1 plan regulatory

"under my 10b5-1 plan"

A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MIAMI, FL / ACCESS Newswire / November 10, 2026 / Dolphin (NASDAQ:DLPN), a leading entertainment marketing and premium content production company, today announced its financial results for the third quarter ended September 30, 2026.

Bill O'Dowd, CEO of Dolphin, commented:

"Dolphin had an outstanding third quarter. Revenue for the quarter grew 8.3% year-over-year to $16.0 million, the highest quarterly revenue in Dolphin's history, even including Q1 2024 when we reported $3.4 million from Blue Angels. This is all organic growth, and actually would have been 9.7% excluding Always Alpha, which we spun-out in November 2025. For the first nine months, revenue grew 5.4% to $43.3 million, or 6.5% excluding Always Alpha.

Last quarter, we said to expect a meaningful step up in profitability in the third quarter, and that is what we delivered. We reported net income of $0.2 million, compared to a net loss of $0.4 million a year ago, and adjusted EBITDA increased 42.9% to $1.6 million versus $1.1 million a year ago. For the first nine months, adjusted EBITDA increased 24% to $1.4 million versus $1.1 million a year ago. We believe that our large non-cash amortization expenses often obscure our cash flow results, which is why we prefer to measure ourselves using adjusted EBITDA versus net income. We built Dolphin to grow steadily and to grow profits faster than revenue, and this quarter shows it. Revenue grew more than 8%, well ahead of growth in our core operating costs.

We expect continued improved operating results in the quarters ahead, especially as we get stronger each quarter in cross-selling services between our various agencies. We expect to continue to be able to leverage our horizontal scale across the major sectors of entertainment, and our vertical scale in the various disciplines of earned media.

The free cash flow drivers we have discussed also remain on schedule. The largest of our New York and Los Angeles leases expire in the second half of 2027, from which we expect to save more than $1 million a year, and our primary bank term loan matures in September 2028, which will free up approximately $2.2 million a year in principal and interest payments. With approximately $127 million in NOL carryforwards, we expect most of these savings to flow directly to free cash flow.

We also expect 2027 to be a big year for our ventures. We have identified our next two ventures and expect at least one to be in market in the first quarter of 2027, and we are on track for three more during the year, for a total of four in 2027.

At Graviteur Studios, Kristen Brancaccio will direct our first feature, "Crush Party." Kristen directed Issa Rae's vertical series Screen Time, the most-watched English-language microdrama on TikTok, with more than 580 million views. Casting is underway, and production is slated to begin in the first half of 2027.

Finally, I have continued to buy Dolphin stock every week under my 10b5-1 plan and now own over 5% of the common shares outstanding. Management remains closely aligned with shareholders in building long-term value."

Q3 2026 and Recent Highlights

• Total revenue for the three months ended September 30, 2026, was $16.0 million, the highest quarterly revenue in the Company's history and an increase of 8.3% from $14.8 million last year. Total revenue for the nine months ended September 30, 2026, was $43.3 million, an increase of 5.4% from $41.1 million last year.
• Income from operations was $0.8 million for the three months ended September 30, 2026, an increase of 167% from $0.3 million for the three months ended September 30, 2025.
• Operating expenses for Q3 2026 were $15.2 million, including non-cash depreciation and amortization of $0.5 million and approximately $0.4 million of litigation-related legal costs. This compares to operating expenses of $14.5 million in Q3 2025.
• Net income for Q3 2026 was $0.2 million, compared to a net loss of $0.4 million for Q3 2025.
• Basic and diluted earnings per share for Q3 2026 was $0.02 based on 13,029,555 and 13,093,494 weighted average shares outstanding, respectively, compared to basic and diluted loss per share in Q3 2025 of $(0.03) based on 11,770,195 weighted average shares outstanding.
• Adjusted EBITDA for Q3 2026 was approximately $1.6 million, an increase of 42.9% from approximately $1.1 million in Q3 2025. Adjusted EBITDA basic earnings per share for Q3 2026 was $0.12 based on 13,029,555 weighted average shares outstanding, and fully diluted earnings per share was $0.08 based on 20,090,590 weighted average shares outstanding, compared to Adjusted EBITDA for Q3 2025 of $1.1 million, or $0.09 basic earnings per share and $0.06 fully diluted earnings per share based on 11,770,195 and 17,842,349, respectively, weighted average shares outstanding.
• Adjusted EBITDA for the nine months ended September 30, 2026, was approximately $1.4 million, an increase of 24.2% from approximately $1.1 million for the same period last year.
• Cash and cash equivalents were $8.1 million as of September 30, 2026, compared to $7.7 million as of June 30, 2026, and $8.8 million as of December 31, 2025.

Dolphin

• Identified its next two ventures, with at least one expected to be in market in the first quarter of 2027, with two more expected during the year for a total of four in 2027
• Named to The PR Net 100 2026, the annual list of leading global agencies recognized for talent, innovation and influence in marketing and communications
• Graviteur Studios, the creator-driven film and television studio from Dolphin and KYNETIC Media Ventures, set Kristen Brancaccio, director of Issa Rae's vertical series Screen Time, to direct its first feature, "Crush Party", slated to begin production in the first half of 2027
• Subsidiaries Special Projects, 42West and The Digital Dept. delivered a wide-ranging presence at New York Fashion Week
• Presented at the 20th Annual LD Micro Main Event

42West

• Delivered a slate of 16 titles at the 51st Toronto International Film Festival, including People's Choice Documentary Award winner Darlene Love: I Know Where I've Been
• Handled Christian Siriano's SS27 fashion show at New York Fashion Week

Shore Fire Media

• Client Qobuz, the high-quality music streaming and download platform, was named one of TIME's Best Inventions of 2026 in the Entertainment & Gaming category
• Client Angélique Kidjo became the first African musician honored with a star on the Hollywood Walk of Fame
• Supported estate clients through milestone years, including the John Coltrane and Miles Davis centennials and Fela Kuti's upcoming Rock & Roll Hall of Fame induction

The Door

• Named U.S. public relations agency for Kewpie, Japan's iconic mayonnaise and condiment brand
• The Door's DISRPT division returned as CultureCon's agency of record for the fifth consecutive year

Elle Communications

• Named communications and thought leadership agency for The Longest Table, a movement that has supported more than 200 community tables in more than 40 cities

The Digital Dept.

• Grew its talent roster to more than 380 creators, up from roughly 250 a year ago, expanded its team by 45% and started new teams in Dallas and Boston
• Hosted an exclusive Ranch House for its creators at LTK Con 2026

Special Projects

• Produced events during Academy Museum Gala week with W Magazine, FENDI, Boucheron and Cartier
• Partnered with Moncler, CHANEL and Rag & Bone on events during New York Fashion Week

Conference Call Information

To participate in this event, dial in approximately 5 to 10 minutes before the beginning of the call.

Date: November 10, 2026
Time: 4:30pm ET
Toll Free: 877-545-0320 International: 973-528-0002 Participant Access Code: 268677
Webcast: https://www.webcaster5.com/Webcast/Page/2225/54781

Replay

Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 54781
Webcast Replay: https://www.webcaster5.com/Webcast/Page/2225/54781

Forward-Looking Statements

This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may address, among other things, Dolphin Entertainment Inc.'s expected financial and operational results and the related assumptions underlying its expected results. These forward-looking statements are distinguished by the use of words such as "will," "would," "anticipate," "expect," "believe," "designed," "plan," or "intend," the negative of these terms, and similar references to future periods. These views involve risks and uncertainties that are difficult to predict and, accordingly, Dolphin Entertainment's actual results may differ materially from the results discussed in its forward-looking statements. Dolphin Entertainment's forward-looking statements contained herein speak only as of the date of this press release. Factors or events Dolphin Entertainment cannot predict, including those described in the risk factors contained in its filings with the Securities and Exchange Commission, may cause its actual results to differ from those expressed in forward-looking statements. Although Dolphin Entertainment believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved, and Dolphin Entertainment undertakes no obligation to update publicly any forward-looking statements as a result of new information, future events, or otherwise, except as required by applicable law.

CONTACT:

James Carbonara
HAYDEN IR
(646)-755-7412
james@haydenir.com

ABOUT DOLPHIN:

Dolphin (NASDAQ:DLPN) is where cultural creation meets marketing execution. Founded in 1996 by Bill O'Dowd, Dolphin operates as both a venture studio - developing and investing in breakthrough content, products and experiences - and a marketing consortium, featuring leading agencies across every communications discipline.

At its core, the venture studio creates, produces, finances, markets and promotes new businesses and cultural ideas - ranging from acclaimed film, television and digital content to consumer goods, live events and partnerships that define entertainment and lifestyle. Surrounding this entrepreneurial engine, Dolphin's marketing prowess brings together best-in-class firms including 42West, The Door, Shore Fire Media, Elle Communications, Special Projects and The Digital Dept. Together, this collective delivers unmatched cross-marketing expertise and relationships across every vertical of pop culture - from film, television, music, influencers, sports, hospitality and fashion to consumer brands and purpose-driven initiatives. Dolphin marketing has been the recipient of many accolades, including No. 1 Agency of the Year on the Observer PR Power List in 2025, The PR Net 100 and the PRNEWS Agency Elite Top 120. Follow us on Instagram here.

DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

		As of September 30, 2026				As of December 31, 2025,
ASSETS
Current
Cash and cash equivalents		$	8,140,757			$	8,756,585
Restricted cash			925,004				925,004
Accounts receivable, trade, net			8,754,978				7,848,970
Other receivables			6,007,017				5,243,931
Other current assets			994,414				1,179,498
Total current assets			24,822,170				23,953,988
Capitalized production costs, net			532,908				520,338
Employee receivable			1,228,085				1,196,085
Right-of-use assets			2,084,146				3,012,941
Goodwill			21,507,944				21,507,944
Intangible assets, net			6,329,979				7,898,607
Property, equipment and leasehold improvements, net			316,813				50,961
Other long-term assets			189,151				189,296
Total Assets		$	57,011,196			$	58,330,160
LIABILITIES
Current
Accounts payable		$	4,170,718			$	3,096,715
Term loans, current portion			1,925,510				1,813,760
Revolving line of credit			400,000				400,000
Notes payable, current portion			3,000,000				3,500,000
Convertible notes payable, current portion			-				1,250,000
Accrued interest - related party			2,407,175				2,043,087
Accrued compensation - related party			2,625,000				2,625,000
Lease liabilities, current portion			1,278,772				1,912,482
Deferred revenue			302,466				794,177
Other current liabilities			12,771,867				11,096,820
Total current liabilities			28,881,508				28,532,041
Noncurrent
Term loans, noncurrent portion			2,819,421				2,976,930
Notes payable, noncurrent portion			5,270,000				4,580,000
Convertible notes payable			7,950,000				6,460,000
Convertible notes payable - related party			2,710,584				2,904,357
Convertible notes payable at fair value			240,000				270,000
Loans from related party			983,112				983,112
Lease liabilities			1,201,380				1,469,386
Deferred tax liability			492,897				463,909
Total Liabilities		$	50,548,902			$	48,639,735
STOCKHOLDERS' EQUITY
Preferred Stock, Series C			1,000				1,000
Common stock, $0.015 par value			195,508				183,321
Additional paid-in capital			159,636,281				158,809,301
Accumulated deficit			(153,370,495	)			(149,303,197	)
Total Stockholders' Equity			6,462,294				9,690,425
Total Liabilities and Stockholders' Equity		$	57,011,196			$	58,330,160

DOLPHIN ENTERTAINMENT, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

		Three Months Ended Sept 30,								Nine Months Ended Sept 30,
		2026				2025				2026				2025
Revenues		$	16,020,848			$	14,796,309			$	43,267,935			$	41,053,549
Expenses:
Direct costs			861,875				643,931				2,674,851				1,730,516
Payroll and benefits			10,918,192				10,397,559				32,996,097				31,004,544
Selling, general and administrative			1,837,458				2,041,440				5,682,969				5,735,759
Depreciation and amortization			537,709				589,388				1,608,951				1,772,492
Acquisition cost			-				-				-				416,171
Legal and professional			1,042,066				815,695				2,649,012				1,916,351
Total expenses			15,197,300				14,488,013				45,611,880				42,575,833
Income (loss) from operations			823,548				308,296				(2,343,945	)			(1,522,284	)
Other (expenses) income, net:
Change in fair value of convertible note			10,000				(50,000	)			30,000				20,000
Loss on extinguishment of debt			-				-				-				(835,324	)
Interest income			2,714				4,164				16,333				21,443
Interest expense			(612,301	)			(627,954	)			(1,740,698	)			(1,749,264	)
Total other (expenses) income, net			(599,587	)			(673,790	)			(1,694,365	)			(2,543,145	)
Income (loss) before income taxes			223,961				(365,494	)			(4,038,310	)			(4,065,429	)
Income tax benefit (expense)			6,316				-				(28,988	)			(43,045	)
Net income (loss)		$	230,277			$	(365,494	)		$	(4,067,298	)		$	(4,108,474	)
Earnings (loss) per share:
Basic		$	0.02			$	(0.03	)		$	(0.32	)		$	(0.36	)
Diluted		$	0.02			$	(0.03	)		$	(0.32	)		$	(0.36	)
Weighted average shares outstanding:
Basic			13,029,555				11,770,195				12,737,967				11,370,007
Diluted			13,093,494				11,770,195				12,737,967				11,370,007

Use of Non-GAAP Financial Measures

In order to provide greater transparency regarding our operating performance, the financial results in this press release refer to non-GAAP financial measures that involve adjustments to GAAP results. Non-GAAP financial measures exclude certain income and/or expense items that management deems are not directly attributable to the Company's core operating results and/or certain items that are inconsistent in amounts and frequency, making it difficult to perform a meaningful evaluation of our current or past operating performance.

Adjusted EPS is calculated by dividing adjusted EBITDA by the weighted average number of basic and diluted shares outstanding for periods in which the Company reports adjusted EBITDA, consistent with the Company's convention for GAAP earnings per share. The Company uses the two-class method when calculating adjusted EPS in periods where the adjusted EBITDA results in income as the participating securities have the right to participate in undistributed earnings. To calculate the adjusted EPS, the adjusted EBITDA is reduced by the amount of the adjusted EBITDA that is available to the participating security holders.

Management believes that the presentation of operating results using this non-GAAP financial measure provides useful supplemental information for investors by providing them with the non-GAAP financial measure used by management for financial and operational decision making, planning and forecasting and in managing the business. This non-GAAP financial measure does not replace the presentation of financial information in accordance with U.S. GAAP. These non-GAAP financial results should not be considered a measure of liquidity and are unlikely to be comparable to non-GAAP financial measures provided by other companies.

Reconciliation of GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA

		Three Months Ended Sept 30,								Nine Months Ended Sept 30,
		2026				2025				2026				2025
Net income (loss) (GAAP)		$	230,277			$	(365,494	)		$	(4,067,298	)		$	(4,108,474	)
Adjustments to GAAP measure:
Interest expense, net			609,587				623,790				1,724,365				1,727,821
Income tax (benefit) expense			(6,316	)			-				28,988				43,045
Depreciation and amortization			537,709				589,388				1,608,951				1,772,492
Acquisition costs			-				-				52,728				416,171
Change in fair value of convertible note			(10,000	)			50,000				(30,000	)			(20,000	)
Loss on extinguishment of debt			-				-				-				835,324
Allowance for credit losses			(115,509	)			115,422				56,292				264,583
One-time advance on distribution of Youngblood			-				-				700,000				-
Non-recurring retention bonuses			-				-				360,000				-
Litigation costs			352,672				105,196				940,057				175,474
Adjusted EBITDA (non-GAAP)		$	1,598,420			$	1,118,302			$	1,374,083			$	1,106,436

Adjusted Basic EPS based on Adjusted EBITDA (non-GAAP)		$	0.12			$	0.09			$	0.11			$	0.10
Adjusted Fully Diluted EPS		$	0.08			$	0.06			$	0.07			$	0.06
Weighted average number of shares outstanding:
Basic			13,029,555				11,770,195				12,737,967				11,370,007
Fully Diluted			20,090,590				17,842,349				19,462,451				16,879,023

Reconciliation of GAAP EPS to Non-GAAP EPS

		Three Months Ended September 30,								Nine Months Ended September 30,
		2026				2025				2026				2025
Earnings (loss) per share (GAAP)		$	0.02			$	(0.03	)		$	(0.32	)		$	(0.36	)
Adjustments to GAAP measure:
Interest expense			0.05				0.05				0.14				0.15
Depreciation and amortization			0.04				0.05				0.13				0.16
Acquisition costs			-				-				-				0.04
Other one-time (income) expenses			(0.01	)			0.00				0.01				-
Loss on extinguishment of debt			-				0.00				-				0.07
Allowance for credit losses			(0.01	)			0.01				-				0.02
One-time advance on distribution of Youngblood			-				-				0.05				-
Non-recurring retention bonuses			-				-				0.03
Litigation costs			0.03				0.01				0.07				0.02
Adjusted Basic EPS based on Adjusted EBITDA (non-GAAP)		$	0.12			$	0.09			$	0.11			$	0.10
Adjusted Fully Diluted EPS		$	0.08			$	0.06			$	0.07			$	0.06
Weighted average number of shares outstanding:
Basic			13,029,555				11,770,195				12,737,967				11,370,007
Fully Diluted			20,090,590				17,842,349				19,462,451				16,879,023

SOURCE: Dolphin Entertainment

View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Dolphin Entertainment's third-quarter 2026 revenue and earnings?

Dolphin reported $16.0 million in revenue and $230,277 in net income for the quarter ended September 30, 2026. Revenue increased 8.3% year over year, while net income compared with a $365,494 loss. Basic and diluted earnings per share were $0.02, versus a loss of $0.03.

When does Dolphin expect lease and loan-payment savings?

Dolphin expects its largest New York and Los Angeles leases to expire in the second half of 2027, saving more than $1 million annually. Its primary bank term loan matures in September 2028, which the company expects will free approximately $2.2 million annually in principal and interest payments.

How much Dolphin stock does CEO Bill O'Dowd own?

CEO Bill O'Dowd owns over 5% of Dolphin's outstanding common shares. He has continued purchasing Dolphin shares every week under his 10b5-1 trading plan.