Gaia Reports Third Quarter 2025 Results
Gaia (NASDAQ: GAIA) reported third quarter 2025 results for the period ended September 30, 2025. Revenue rose 14% to $25.0 million (from $22.0 million), a $100 million annualized run-rate. Member count reached 883,000, up 37,000 year-over-year, with ARPU increases and acquisition contribution. Gross profit was $21.6 million and gross margin improved to 86.4%. Net loss was $(1.2) million or $(0.05) per share. Q3 free cash flow was $0.9 million, marking the seventh consecutive quarter of positive free cash flow; nine-month free cash flow was $3.2 million. Cash totaled $14.2 million plus an unused $10.0 million credit line. The company also launched a proprietary AI Guide and will host a conference call on November 3, 2025.
Gaia (NASDAQ: GAIA) ha riportato i risultati del terzo trimestre 2025 per il periodo terminato il 30 settembre 2025. Le entrate sono aumentate del 14% a $25,0 milioni (da $22,0 milioni), una run-rate annualizzata di $100 milioni. Il numero di membri ha raggiunto 883.000, in aumento di 37.000 rispetto all’anno precedente, con aumenti di ARPU e contributo dalle acquisizioni. Il profitto lordo è stato $21,6 milioni e il margINE lordo è migliorato a 86,4%. La perdita netta è stata $(1,2) milioni o $(0,05) per azione. Il flusso di cassa libero del Q3 è stato di $0,9 milioni, segnando il settimo trimestre consecutivo di flussi di cassa liberi positivi; il flusso di cassa libero per nove mesi è stato $3,2 milioni. La cassa ammontava a $14,2 milioni più una linea di credito inutilizzata di $10,0 milioni. L’azienda ha anche lanciato una guida AI proprietaria e terrà una conference call il 3 novembre 2025.
Gaia (NASDAQ: GAIA) reportó resultados del tercer trimestre de 2025 para el periodo terminado el 30 de septiembre de 2025. Los ingresos aumentaron un 14% a $25.0 millones (desde $22.0 millones), una tasa anualizada de $100 millones. El número de miembros alcanzó 883.000, un incremento de 37.000 frente al año anterior, con aumentos de ARPU y la contribución de adquisiciones. El beneficio bruto fue $21.6 millones y el margen bruto mejoró a 86.4%. La pérdida neta fue $(1.2) millones o $(0.05) por acción. El flujo de caja libre del Q3 fue de $0.9 millones, lo que marca el séptimo trimestre consecutivo de flujo de caja libre positivo; el flujo de caja libre de nueve meses fue de $3.2 millones. La caja totalizó $14.2 millones más una línea de crédito no utilizada de $10.0 millones. La compañía también lanzó una Guía de IA propietaria y celebrará una conferencia telefónica el 3 de noviembre de 2025.
Gaia (NASDAQ: GAIA) 는 2025년 9월 30일로 종료된 2025년 3분기 실적을 발표했습니다. 매출은 14% 증가하여 $25.0백만 (전 $22.0백만)으로 연간화된 실행률은 $100백만입니다. 회원 수는 883,000에 도달했고, 전년 대비 37,000명 증가했습니다. ARPU 증가와 인수 기여가 있었습니다. 총이익은 $21.6백만이고 총마진은 86.4%로 개선되었습니다. 순손실은 $(1.2)백만 또는 주당 $(0.05) 달러였습니다. 3분기 자유현금흐름은 $0.9백만으로 기록되었고, 이는 연속 다섯 번째 분기의 Positive FCF를 나타냅니다; 9개월간 자유현금흐름은 $3.2백만입니다. 현금은 $14.2백만이고 사용되지 않은 $10.0백만의 신용한도가 있습니다. 또한 회사는 독자적인 AI 가이드를 출시했고 2025년 11월 3일에 컨퍼런스 콜을 개최할 예정입니다.
Gaia (NASDAQ: GAIA) a publié les résultats du troisième trimestre 2025 pour la période se terminant le 30 septembre 2025. Les revenus ont augmenté de 14% pour atteindre $25,0 millions (par rapport à $22,0 millions), un taux annualisé de $100 millions. Le nombre de membres a atteint 883 000, en hausse de 37 000 par rapport à l’année précédente, avec des augmentations de l’ARPU et une contribution des acquisitions. Le bénéfice brut était de $21,6 millions et la marge brute s’est améliorée à 86,4%. La perte nette était $(1,2) millions ou $(0,05) par action. Le flux de trésorerie libre du T3 était de $0,9 millions, marquant sept trimestres consécutifs de flux de trésorerie libre positif; le flux de trésorerie libre sur neuf mois était de $3,2 millions. La trésorerie s’élevait à $14,2 millions plus une ligne de crédit inutilisée de $10,0 millions. L’entreprise a également lancé une AI Guide propriétaire et organisera une conférence téléphonique le 3 novembre 2025.
Gaia (NASDAQ: GAIA) meldete die Ergebnisse des dritten Quartals 2025 für den Zeitraum bis zum 30. September 2025. Der Umsatz stieg um 14% auf $25,0 Millionen (von $22,0 Millionen), eine annualisierte Run-Rate von $100 Millionen. Die Mitgliederzahl erreichte 883.000, ein Anstieg von 37.000 gegenüber dem Vorjahr, mit ARPU-Steigerungen und Akquisitionsbeiträgen. Der Bruttogewinn betrug $21,6 Millionen und die Bruttomarge verbesserte sich auf 86,4%. Die Nettoverschuldung bzw. der Nettoverlust betrug $(1,2) Millionen bzw. $(0,05) pro Aktie. Der free cash flow im Q3 betrug $0,9 Millionen, was das siebte aufeinanderfolgende Quartal mit positivem FCF bedeutet; der FCF über neun Monate betrug $3,2 Millionen. Die Liquidität belief sich auf $14,2 Millionen zuzüglich einer ungenutzten Kreditlinie von $10,0 Millionen. Das Unternehmen hat außerdem eine firmeneigene AI Guide eingeführt und wird am 3. November 2025 eine Conference Call abhalten.
غايا (NASDAQ: GAIA) أبلغت عن نتائج الربع الثالث من عام 2025 للفترة المنتهية في 30 سبتمبر 2025. ارتفعت الإيرادات بمقدار 14% إلى $25.0 مليون (من $22.0 مليون)، بمعدل تشغيل سنوي قدره $100 مليون. بلغ عدد الأعضاء 883,000، بزيادة قدرها 37,000 عن العام السابق، مع زيادات ARPU ومساهمة الاستحواذ. كان الربح الإجمالي $21.6 مليون وتحسن الهامش الإجمالي إلى 86.4%. الخسارة الصافية كانت $(1.2) مليون أو $(0.05) للسهم. كان التدفق النقدي الحر للربع الثالث $0.9 مليون، وهو علامة على السادس فصول متتالية من التدفق النقدي الحر الإيجابي؛ كان التدفق النقدي الحر حتى تسعة أشهر $3.2 مليون. بلغت النقدية الإجمالية $14.2 مليون بالإضافة إلى خط ائتمان غير مستخدم بقيمة $10.0 مليون. كما أطلقت الشركة AI Guide المملوكة لديها وستعقد مكالمة مؤتمر في 3 نوفمبر 2025.
- Revenue +14% to $25.0M in Q3 2025
- Member count +37,000 to 883,000 as of Sept 30, 2025
- Gross profit $21.6M; gross margin 86.4%
- Seventh consecutive quarter of positive free cash flow
- Nine-month free cash flow improved to $3.2M
- Cash position $14.2M plus $10.0M unused credit line
- Net loss $(1.2)M, unchanged from Q3 2024
Insights
Solid revenue and cash‑flow improvement, but net loss persists; AI product launch adds strategic optionality.
Gaia reported revenue of
The company generated positive free cash flow for the seventh consecutive quarter, with Q3 free cash flow at
Management noted a price increase that slowed member growth but raised revenue run‑rate to
Watch the upcoming conference call on
BOULDER, Colo., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the third quarter ended September 30, 2025.
Highlights:
- Revenue increased
14% , compared to the prior year quarter - Launched proprietary AI model
- Seventh consecutive quarter of positive operating and free cash flow generation
“Last October, we raised our subscription prices for most of our members by two dollars. While the losses from the price increase resulted in slower member growth, our revenue grew to a
Kiersten Medvedich, Gaia’s CEO, commented: “We’re pleased to report good revenue growth this quarter. Last week’s launch of our proprietary AI Guide marks an important milestone as we invest in AI and our global community platform, key initiatives that will increase engagement across our site and content. Together, these initiatives position Gaia for a future where technology strengthens connection and enriches how our members experience Gaia.”
Gaia CFO, Ned Preston, stated: “In the third quarter of 2025, when compared to the third quarter of 2024, we delivered
Third Quarter 2025 Financial Results
Revenue increased
Gross profit increased
Net loss was
For the third quarter, our free cash flow was
Our cash position increased to
Conference Call
Date: Monday, November 3, 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: 13756365
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 November 17, 2025.
Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 13756365
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 for capital expenditures, 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
| September 30, | December 31, | |||||||
| (in thousands, except share and per share data) | 2025 | 2024 | ||||||
| (unaudited) | ||||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 14,162 | $ | 5,860 | ||||
| Accounts receivable | 5,623 | 5,560 | ||||||
| Other receivables | — | 1,809 | ||||||
| Prepaid expenses and other current assets | 3,702 | 2,513 | ||||||
| Total current assets | 23,487 | 15,742 | ||||||
| Media library, net | 39,558 | 38,987 | ||||||
| Operating right-of-use asset, net | 4,809 | 5,454 | ||||||
| Property and equipment, net | 25,646 | 26,883 | ||||||
| Technology license, net | 14,945 | 15,550 | ||||||
| Investments and other assets, net | 8,666 | 6,658 | ||||||
| Goodwill | 33,982 | 31,943 | ||||||
| Total assets | $ | 151,093 | $ | 141,217 | ||||
| LIABILITIES AND EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | 13,185 | $ | 12,435 | ||||
| Accrued and other liabilities | 5,796 | 3,491 | ||||||
| Long-term debt, current portion | 5,667 | 5,801 | ||||||
| Operating lease liability, current portion | 884 | 839 | ||||||
| Deferred revenue | 19,289 | 19,268 | ||||||
| Total current liabilities | 44,821 | 41,834 | ||||||
| Operating lease liability, net of current portion | 4,203 | 4,869 | ||||||
| Deferred taxes, net | 526 | 501 | ||||||
| Total liabilities | 49,550 | 47,204 | ||||||
| Shareholder's equity: | ||||||||
| Class A common stock, | 2 | 2 | ||||||
| Class B common stock, | 1 | 1 | ||||||
| Additional paid-in capital | 180,663 | 171,100 | ||||||
| Accumulated deficit | (94,396 | ) | (90,428 | ) | ||||
| Total Gaia, Inc. shareholders’ equity | 86,270 | 80,675 | ||||||
| Noncontrolling interests | 15,273 | 13,133 | ||||||
| Total equity | 101,543 | 94,013 | ||||||
| Total liabilities and equity | $ | 151,093 | $ | 141,217 | ||||
Condensed Consolidated Statements of Operations (unaudited)
| For the Three Months Ended September 30, | For the Nine Months Ended September 30, | |||||||||||||||
| (in thousands, except per share data) | 2025 | 2024 | 2025 | 2024 | ||||||||||||
| Revenues, net | $ | 24,984 | $ | 22,028 | $ | 73,456 | $ | 65,197 | ||||||||
| Cost of revenues | 3,410 | 3,071 | 9,629 | 9,589 | ||||||||||||
| Gross profit | 21,574 | 18,957 | 63,827 | 55,608 | ||||||||||||
| Operating expenses: | ||||||||||||||||
| Selling and operating | 20,578 | 18,106 | 61,233 | 53,987 | ||||||||||||
| Corporate, general and administration | 2,237 | 2,013 | 7,043 | 5,630 | ||||||||||||
| Total operating expenses | 22,815 | 20,119 | 68,276 | 59,617 | ||||||||||||
| Loss from operations | (1,241 | ) | (1,162 | ) | (4,449 | ) | (4,009 | ) | ||||||||
| Other income (expense), net | 22 | (144 | ) | 9 | (396 | ) | ||||||||||
| Loss before income taxes | (1,219 | ) | (1,306 | ) | (4,440 | ) | (4,405 | ) | ||||||||
| Income tax expense | 12 | — | 61 | — | ||||||||||||
| Loss from continuing operations | (1,231 | ) | (1,306 | ) | (4,501 | ) | (4,405 | ) | ||||||||
| (Loss) / gain from discontinued operations | (63 | ) | (194 | ) | (59 | ) | (229 | ) | ||||||||
| Net loss | (1,294 | ) | (1,500 | ) | (4,560 | ) | (4,634 | ) | ||||||||
| Net (loss) / income attributable to noncontrolling interests | (141 | ) | (308 | ) | (592 | ) | (204 | ) | ||||||||
| Net loss attributable to common shareholders | $ | (1,153 | ) | $ | (1,192 | ) | $ | (3,968 | ) | $ | (4,430 | ) | ||||
| Loss per share: | ||||||||||||||||
| Basic | ||||||||||||||||
| Continuing operations (attributable to common shareholders) | $ | (0.05 | ) | $ | (0.04 | ) | $ | (0.16 | ) | $ | (0.18 | ) | ||||
| Discontinued operations | $ | — | $ | (0.01 | ) | $ | — | $ | (0.01 | ) | ||||||
| Basic loss per share | $ | (0.05 | ) | $ | (0.05 | ) | $ | (0.16 | ) | $ | (0.19 | ) | ||||
| Diluted | ||||||||||||||||
| Continuing operations (attributable to common shareholders) | $ | (0.05 | ) | $ | (0.04 | ) | $ | (0.16 | ) | $ | (0.18 | ) | ||||
| Discontinued operations | $ | — | $ | (0.01 | ) | $ | — | $ | (0.01 | ) | ||||||
| Diluted loss per share | $ | (0.05 | ) | $ | (0.05 | ) | $ | (0.16 | ) | $ | (0.19 | ) | ||||
| Weighted-average shares outstanding: | ||||||||||||||||
| Basic | 25,044 | 23,404 | 24,805 | 23,312 | ||||||||||||
| Diluted | 25,044 | 23,404 | 24,805 | 23,312 | ||||||||||||
Condensed Consolidated Statements of Cash Flows (unaudited)
| For the Three Months Ended September 30, | For the Nine Months Ended September 30, | |||||||||||||||
| (in thousands) | 2025 | 2024 | 2025 | 2024 | ||||||||||||
| Net cash provided by (used in): | ||||||||||||||||
| Net cash provided by operating activities | $ | 326 | $ | 409 | $ | 3,908 | $ | 4,264 | ||||||||
| Net cash provided by (used in) investing activities | (3,927 | ) | (1,361 | ) | (6,361 | ) | (13,881 | ) | ||||||||
| Net cash (used in) provided by financing activities | 3,839 | (142 | ) | 10,755 | 6,216 | |||||||||||
| Net change in cash and cash equivalents | $ | 238 | $ | (1,094 | ) | $ | 8,302 | $ | (3,401 | ) | ||||||
Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow (unaudited)
| For the Three Months Ended September 30, | For the Nine Months Ended September 30, | |||||||||||||||
| (in thousands) | 2025 | 2024 | 2025 | 2024 | ||||||||||||
| Net cash provided by operating activities | $ | 326 | $ | 409 | $ | 3,908 | $ | 4,264 | ||||||||
| Cash paid for interest | 72 | 141 | 290 | 403 | ||||||||||||
| Net cash used for capital expenditures | (1,927 | ) | (1,361 | ) | (4,361 | ) | (3,881 | ) | ||||||||
| Change in cash from non-core business activities | 2,417 | 950 | 3,391 | 1,050 | ||||||||||||
| Free cash flow | $ | 888 | $ | 139 | $ | 3,229 | $ | 1,836 | ||||||||
FAQ
What were Gaia (GAIA) Q3 2025 revenue and year-over-year growth?
How many members did Gaia report as of September 30, 2025 (GAIA)?
What was Gaia's Q3 2025 free cash flow and cash position (GAIA)?
Did Gaia (GAIA) report a net profit or loss in Q3 2025 and what was EPS?
What product or technology did Gaia announce in Q3 2025 (GAIA)?
When is Gaia's Q3 2025 earnings conference call and how can investors access it (GAIA)?
