Gaia Reports Second Quarter 2025 Results
Gaia (NASDAQ: GAIA) reported strong Q2 2025 financial results, marking its sixth consecutive quarter of double-digit growth. Revenue increased 12% to $24.6 million, while gross profit rose 16% to $21.3 million with an improved gross margin of 86.7%. The company reported a net loss of $(0.07) per share, an improvement from $(0.09) in Q2 2024.
Notable achievements include positive operating cash flow of $2.3 million and free cash flow of $1.6 million. The company's subsidiary, Igniton, successfully raised $6 million in July at an implied post-money valuation of $106 million, with Gaia maintaining approximately two-thirds ownership. The company's member base grew to 878,000, while gross profit per employee increased to $814,000.
Gaia (NASDAQ: GAIA) ha pubblicato solidi risultati finanziari per il secondo trimestre 2025, segnando il sesto trimestre consecutivo di crescita a due cifre. I ricavi sono aumentati del 12% a $24.6 milioni, mentre l'utile lordo è salito del 16% a $21.3 milioni con un miglioramento della marginalità lorda all'86,7%. La società ha registrato una perdita netta di $(0.07) per azione, in miglioramento rispetto a $(0.09) nel Q2 2024.
Tra i risultati di rilievo figurano un flusso di cassa operativo positivo di $2.3 milioni e un free cash flow di $1.6 milioni. La controllata Igniton ha raccolto con successo $6 milioni in luglio a una valutazione post-money implicita di $106 milioni, con Gaia che mantiene circa due terzi della proprietà. La base di membri è cresciuta a 878,000, mentre l'utile lordo per dipendente è salito a $814,000.
Gaia (NASDAQ: GAIA) informó sólidos resultados financieros del segundo trimestre de 2025, su sexto trimestre consecutivo con crecimiento de dos dígitos. Los ingresos aumentaron un 12% hasta $24.6 millones, y el beneficio bruto subió un 16% hasta $21.3 millones, con un margen bruto mejorado del 86.7%. La compañía registró una pérdida neta de $(0.07) por acción, frente a $(0.09) en el Q2 de 2024.
Entre los hitos destacan un flujo de caja operativo positivo de $2.3 millones y un flujo de caja libre de $1.6 millones. La filial Igniton logró captar $6 millones en julio con una valoración post-money implícita de $106 millones, y Gaia mantiene aproximadamente dos tercios de la propiedad. La base de miembros creció hasta 878,000, y el beneficio bruto por empleado aumentó a $814,000.
Gaia (NASDAQ: GAIA)는 2025년 2분기 견조한 실적을 발표하며 6분기 연속 두 자릿수 성장세를 이어갔습니다. 매출은 12% 증가한 $24.6 million을 기록했고, 총이익은 16% 증가한 $21.3 million으로 개선된 총이익률 86.7%를 달성했습니다. 주당 순손실은 $(0.07)로 Q2 2024의 $(0.09)에서 개선되었습니다.
주요 성과로는 $2.3 million의 영업현금흐름 흑자와 $1.6 million의 잉여현금흐름이 있습니다. 자회사 Igniton은 7월에 암시적 포스트머니 가치 $106 million으로 $6 million을 성공적으로 유치했으며, Gaia는 약 3분의 2 지분을 보유하고 있습니다. 회원 수는 878,000명으로 늘었고, 직원 1인당 총이익은 $814,000으로 증가했습니다.
Gaia (NASDAQ: GAIA) a publié de solides résultats pour le deuxième trimestre 2025, enregistrant son sixième trimestre consécutif de croissance à deux chiffres. Le chiffre d'affaires a augmenté de 12% à $24.6 millions, tandis que le bénéfice brut a progressé de 16% à $21.3 millions, avec une marge brute améliorée de 86,7%. La société a enregistré une perte nette de $(0.07) par action, en amélioration par rapport à $(0.09) au T2 2024.
Parmi les faits marquants figurent un flux de trésorerie d'exploitation positif de $2.3 millions et un free cash flow de $1.6 millions. La filiale Igniton a levé avec succès $6 millions en juillet, à une valorisation post-money implicite de $106 millions, Gaia conservant environ deux tiers du capital. La base d'abonnés est montée à 878,000 et le bénéfice brut par employé a atteint $814,000.
Gaia (NASDAQ: GAIA) meldete starke Finanzergebnisse für das zweite Quartal 2025 und verzeichnet damit das sechste Quartal in Folge mit zweistelligem Wachstum. Der Umsatz stieg um 12% auf $24.6 Millionen, während der Bruttogewinn um 16% auf $21.3 Millionen zunahm und die Bruttomarge auf 86,7% verbessert wurde. Das Unternehmen meldete einen Nettoverlust von $(0.07) je Aktie, eine Verbesserung gegenüber $(0.09) im Q2 2024.
Erwähnenswerte Punkte sind ein positiver operativer Cashflow von $2.3 Millionen und ein Free Cashflow von $1.6 Millionen. Die Tochtergesellschaft Igniton sammelte im Juli erfolgreich $6 Millionen ein bei einer impliziten Post-Money-Bewertung von $106 Millionen, wobei Gaia etwa zwei Drittel der Anteile hält. Die Mitgliederzahl stieg auf 878,000, und der Bruttogewinn pro Mitarbeiter erhöhte sich auf $814,000.
- Revenue growth of 12% year-over-year to $24.6 million
- Gross profit increased 16% with margin expansion to 86.7%
- Positive operating cash flow of $2.3M and free cash flow of $1.6M
- Igniton subsidiary valuation increased to $106M from $40M last year
- Improved EPS to $(0.07) from $(0.09) in Q2 2024
- Credit line renewed with better terms and lower interest rate
- Gross profit per employee increased to $814,000 from $695,000
- Continued net loss of $(1.8) million in Q2 2025
- Required $2.0 million investment in Igniton subsidiary
Insights
Gaia shows strong Q2 growth with improving financials, while subsidiary Igniton's valuation jumps 165% to $106M.
Gaia's Q2 2025 results demonstrate continued momentum with 12% revenue growth to
The reduction in net loss to
The company's subsidiary Igniton received a substantial valuation upgrade, with its post-money valuation increasing
The increase in annualized gross profit per employee to
BOULDER, Colo., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the second quarter ended June 30, 2025.
Highlights:
- Gross profit increased
16% and revenue increased12% , compared to Q2 of the prior year, which represents the sixth consecutive quarter of double digit increases - Continued positive operating and free cash flow generation
- Gaia’s subsidiary, Igniton, raised
$6 million in July, increasing Igniton’s implied post-money valuation to$106 million
"As planned, we continued to deliver on positive free cash flow and double-digit growth for the quarter," said Jirka Rysavy, Gaia's Chairman. "In July, our subsidiary, Igniton, raised
Kiersten Medvedich, Gaia's CEO, commented: "We are pleased to see the momentum from 2024 carrying into Q2, with strong revenue growth and improvements in profitability. Our annualized gross profit per employee increased to
Gaia CFO, Ned Preston, stated: “In the second quarter, when compared to the second quarter of 2024, we delivered
Second Quarter 2025 Financial Results
Revenue increased
Gross profit increased
Net loss was
Operating cash flow was
Cash balance was at
Conference Call
Date: Monday, August 11, 2025
Time: 4:30 p.m. Eastern time (2:30 p.m. Mountain time)
Toll-free dial-in number: 1-877-269-7751
International dial-in number: 1-201-389-0908
Conference ID: 13754587
Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at (949) 574-3860.
The conference call will be broadcast live and available for replay here and via ir.gaia.com.
A telephonic replay of the conference call will be available after 7:30 p.m. Eastern time on the same day through August 25, 2025.
Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 13754587
About Gaia
Gaia is a member-supported global video streaming service and community that produces and curates conscious media through four primary channels—Seeking Truth, Transformation, Alternative Healing and Yoga—in four languages (English, Spanish, French and German) to its members in 185 countries. Gaia’s library includes over 10,000 titles, over
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact are forward looking statements that involve risks and uncertainties. When used in this discussion, we intend the words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “future,” “hope,” “intend,” “may,” “might,” “objective,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “strive,” “target,” “will,” “would” and similar expressions as they relate to us to identify such forward-looking statements. Our actual results could differ materially from the results anticipated in these forward-looking statements as a result of certain factors set forth under “Risk Factors” and elsewhere in our filings with the U.S. Securities and Exchange Commission, including in our Annual Report on Form 10-K for the year ended December 31, 2024. Risks and uncertainties that could cause actual results to differ include, without limitation: our ability to attract new members and retain existing members; our ability to compete effectively, including for customer engagement with different modes of entertainment; maintenance and expansion of device platforms for streaming; fluctuation in customer usage of our service; fluctuations in quarterly operating results; service disruptions; production risks; general economic conditions; future losses; loss of key personnel; price changes; brand reputation; acquisitions; new initiatives we undertake; security and information systems; legal liability for website content; failure of third parties to provide adequate service; future internet-related taxes; our founder’s control of us; litigation; consumer trends; the effect of government regulation and programs; the impact of public health threats; and other risks and uncertainties included in our filings with the Securities and Exchange Commission. We caution you that no forward-looking statement is a guarantee of future performance, and you should not place undue reliance on these forward-looking statements which reflect our views only as of the date of this press release. We undertake no obligation to update any forward-looking information.
Non-GAAP Measures
In addition to disclosing financial results calculated in accordance with generally accepted accounting principles in the United States of America (GAAP), the financial information included in this release contains non-GAAP financial measures, including Free Cash Flow. These non-GAAP measures should not be considered a substitute for, or superior to, financial measures and results calculated in accordance with GAAP, including net income, and reconciliations to GAAP financial statements should be carefully evaluated. Free Cash Flow represents net cash provided by operating activities plus cash paid for interest payments, less cash used in investing activities, plus cash from non-core business activities. We believe Free Cash Flow is also useful as one of the bases for comparing the Gaia’s performance with its competitors. Although Free Cash Flow and similar measures are frequently used as measures of cash flows generated from operations by other companies, Gaia’s calculation of Free Cash Flow might not necessarily be comparable to such other similarly titled captions of other companies. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting and analyzing future periods.
Company Contact:
Ned Preston
Chief Financial Officer
Gaia, Inc.
Investors@gaia.com
Investor Relations:
Gateway Group, Inc.
Cody Slach
(949) 574-3860
GAIA@gateway-grp.com
GAIA, INC.
Condensed Consolidated Balance Sheets
| June 30, | December 31, | |||||||
| (in thousands, except share and per share data) | 2025 | 2024 | ||||||
| (unaudited) | ||||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 13,924 | $ | 5,860 | ||||
| Accounts receivable | 5,717 | 5,560 | ||||||
| Other receivables | — | 1,809 | ||||||
| Prepaid expenses and other current assets | 3,851 | 2,513 | ||||||
| Total current assets | 23,492 | 15,742 | ||||||
| Media library, net | 39,142 | 38,987 | ||||||
| Operating right-of-use asset, net | 5,026 | 5,454 | ||||||
| Property and equipment, net | 25,862 | 26,883 | ||||||
| Technology license, net | 15,146 | 15,550 | ||||||
| Investments and other assets, net | 6,370 | 6,658 | ||||||
| Goodwill | 31,943 | 31,943 | ||||||
| Total assets | $ | 146,981 | $ | 141,217 | ||||
| LIABILITIES AND EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | 13,679 | $ | 12,435 | ||||
| Accrued and other liabilities | 2,101 | 3,491 | ||||||
| Long-term debt, current portion | 5,719 | 5,801 | ||||||
| Operating lease liability, current portion | 869 | 839 | ||||||
| Deferred revenue | 21,069 | 19,268 | ||||||
| Total current liabilities | 43,437 | 41,834 | ||||||
| Operating lease liability, net of current portion | 4,427 | 4,869 | ||||||
| Deferred taxes, net | 526 | 501 | ||||||
| Total liabilities | 48,390 | 47,204 | ||||||
| Shareholder's equity: | ||||||||
| Class A common stock, | 2 | 2 | ||||||
| Class B common stock, | 1 | 1 | ||||||
| Additional paid-in capital | 178,944 | 171,100 | ||||||
| Accumulated deficit | (93,243 | ) | (90,428 | ) | ||||
| Total Gaia, Inc. shareholders’ equity | 85,704 | 80,675 | ||||||
| Noncontrolling interests | 12,887 | 13,133 | ||||||
| Total equity | 98,591 | 94,013 | ||||||
| Total liabilities and equity | $ | 146,981 | $ | 141,217 | ||||
GAIA, INC.
Condensed Consolidated Statements of Operations (unaudited)
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||||||||||||||
| (in thousands, except per share data) | 2025 | 2024 | 2025 | 2024 | ||||||||||||
| Revenues, net | $ | 24,632 | $ | 21,856 | $ | 48,472 | $ | 43,169 | ||||||||
| Cost of revenues | 3,285 | 3,385 | 6,220 | 6,518 | ||||||||||||
| Gross profit | 21,347 | 18,471 | 42,252 | 36,651 | ||||||||||||
| Operating Expenses: | ||||||||||||||||
| Selling and operating | 20,634 | 18,476 | 40,656 | 35,881 | ||||||||||||
| Corporate, general and administration | 2,909 | 1,988 | 4,806 | 3,617 | ||||||||||||
| Total operating expenses | 23,543 | 20,464 | 45,462 | 39,498 | ||||||||||||
| Loss from operations | (2,196 | ) | (1,993 | ) | (3,210 | ) | (2,847 | ) | ||||||||
| Interest and other income (expense), net | 124 | (144 | ) | (12 | ) | (252 | ) | |||||||||
| Loss before income taxes | (2,072 | ) | (2,137 | ) | (3,222 | ) | (3,099 | ) | ||||||||
| Income tax (benefit) expense | 1 | — | 49 | — | ||||||||||||
| Loss from continuing operations | (2,073 | ) | (2,137 | ) | (3,271 | ) | (3,099 | ) | ||||||||
| Income from discontinued operations | 26 | (26 | ) | 5 | (35 | ) | ||||||||||
| Net loss | $ | (2,047 | ) | $ | (2,163 | ) | $ | (3,266 | ) | $ | (3,134 | ) | ||||
| Net (loss) income attributable to noncontrolling interests | (246 | ) | 30 | $ | (451 | ) | $ | 104 | ||||||||
| Net loss attributable to common shareholders | $ | (1,801 | ) | $ | (2,193 | ) | $ | (2,815 | ) | $ | (3,238 | ) | ||||
| Loss per share: | ||||||||||||||||
| Basic | ||||||||||||||||
| Continuing operations (attributable to common shareholders) | $ | (0.07 | ) | $ | (0.09 | ) | $ | (0.11 | ) | $ | (0.14 | ) | ||||
| Discontinued operations | $ | - | $ | - | $ | - | $ | - | ||||||||
| Basic loss per share | $ | (0.07 | ) | $ | (0.09 | ) | $ | (0.11 | ) | $ | (0.14 | ) | ||||
| Diluted | ||||||||||||||||
| Continuing operations (attributable to common shareholders) | $ | (0.07 | ) | $ | (0.09 | ) | $ | (0.11 | ) | $ | (0.14 | ) | ||||
| Discontinued operations | $ | - | $ | - | $ | - | $ | - | ||||||||
| Diluted loss per share | $ | (0.07 | ) | $ | (0.09 | ) | $ | (0.11 | ) | $ | (0.14 | ) | ||||
Condensed Consolidated Statements of Cash Flows (unaudited)
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||||||||||||||
| (in thousands) | 2025 | 2024 | 2025 | 2024 | ||||||||||||
| Net cash provided by (used in): | ||||||||||||||||
| Net cash (used in) provided by operating activities | $ | 2,284 | $ | (2,081 | ) | $ | 3,582 | $ | 3,855 | |||||||
| Net cash used in investing activities | (1,404 | ) | (11,447 | ) | (2,434 | ) | (12,520 | ) | ||||||||
| Net cash provided by (used in) financing activities | (46 | ) | 6,388 | 6,916 | 6,358 | |||||||||||
| Net change in cash, cash equivalents, and restricted cash | $ | 834 | $ | (7,140 | ) | $ | 8,064 | $ | (2,307 | ) | ||||||
Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow (unaudited)
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||||||||||||||
| (in thousands) | 2025 | 2024 | 2025 | 2024 | ||||||||||||
| Net cash (used in) provided by operating activities | $ | 2,284 | $ | (2,081 | ) | $ | 3,582 | $ | 3,855 | |||||||
| Cash paid for interest | 81 | 154 | 218 | 262 | ||||||||||||
| Net cash used in investing activities | (1,404 | ) | (11,447 | ) | (2,434 | ) | (12,520 | ) | ||||||||
| Change in cash from non-core business activities | 683 | 14,096 | 974 | 10,101 | ||||||||||||
| Free cash flow | $ | 1,644 | $ | 722 | $ | 2,340 | $ | 1,698 | ||||||||
FAQ
What were Gaia's (NASDAQ: GAIA) Q2 2025 revenue and earnings?
How many subscribers does Gaia have in Q2 2025?
What was the valuation of Gaia's subsidiary Igniton after its latest funding?
What is Gaia's current cash position and credit availability?
How much free cash flow did Gaia generate in Q2 2025?
