LiveOne (Nasdaq: LVO) Expects $57.9M+ Fiscal 2026 YTD Revenue, $19.9M+ Q3 Fiscal 2026 Revenue, $1.0M+ Q3 Fiscal 2026 Adjusted EBITDA*, up ~200% QoQ
Rhea-AI Summary
LiveOne (Nasdaq: LVO) provided preliminary, unaudited results for Q3 Fiscal 2026 and nine months ended Dec 31, 2025, estimating $19.9M+ Q3 revenue and $57.9M+ fiscal 2026 YTD revenue with $1.0M+ Q3 adjusted EBITDA (up ~200% QoQ).
Company cited B2B partnerships, targeted Fortune 500 launches, a 52% YoY OpEx reduction, targeted $4M–$5M headcount savings via AI, and repayment of $2.5M debt. Results are preliminary and unaudited and may change during closing procedures.
Positive
- Q3 revenue estimated at >$19.9M
- YTD fiscal 2026 revenue estimated at >$57.9M
- Q3 adjusted EBITDA estimated at >$1.0M (~200% QoQ)
- Operational expenses down 52% YoY
- Paid off $2.5M of debt
- Targeting $4M–$5M headcount savings via AI
Negative
- Financial results are preliminary and unaudited
- Estimates may change materially during quarter-end close
- Reliance on anticipated Fortune 500 partnerships for growth
News Market Reaction – LVO
On the day this news was published, LVO declined 5.64%, reflecting a notable negative market reaction. Argus tracked a peak move of +10.6% during that session. Argus tracked a trough of -3.3% from its starting point during tracking. Our momentum scanner triggered 16 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $4M from the company's valuation, bringing the market cap to $60M at that time. Trading volume was above average at 1.9x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
LVO is up 0.45% while several peers like CNVS, RDI and MPU show declines between ~3–4%. Mixed peer moves and lack of momentum scanner flags suggest this reaction is more company-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 08 | Partnership milestones | Positive | -4.3% | Announced $65M+ partnership revenue and record 100+ B2B pipeline. |
| Dec 18 | Partnership renewal | Positive | -0.4% | Renewed and expanded DAX partnership with projected 30% ad revenue lift. |
| Dec 15 | Investor event | Neutral | -5.0% | Announced Mar-a-Lago event to host major shareholders and B2B partners. |
| Dec 12 | Platform partnership | Positive | +0.2% | Extended Telly alliance as usage and engagement on platform jumped sharply. |
| Nov 12 | Earnings update | Positive | +3.3% | Reported $37.97M 1H revenue and strong OpEx cuts with AI efficiencies. |
Recent news and partnership updates have often been positive but have not consistently produced positive next-day price moves, with multiple instances of negative or flat reactions following constructive announcements.
Over the last few months, LVO has highlighted B2B growth and cost actions. On Nov. 12, 2025, it reported $37.97M 1H revenue and significant OpEx cuts, with a 3.25% positive reaction. Subsequent December partnership renewals and pipeline milestones, including a $65M+ partnership revenue update on Jan. 8, 2026, saw muted to negative moves (down 4.28% and 5.05% on some days). Today’s preliminary Q3 Fiscal 2026 revenue and Adjusted EBITDA update fits into this narrative of operational tightening and B2B expansion.
Regulatory & Risk Context
An effective S-3 shelf dated Aug. 29, 2025 registers resale of common stock and warrants, with the company itself receiving up to $30,000 only if all registered warrants are exercised for cash. Filings highlight substantial doubt about going concern, significant indebtedness, reliance on a major OEM customer, and potential dilution from preferred stock, debentures, and warrants.
Market Pulse Summary
The stock moved -5.6% in the session following this news. A negative reaction despite preliminary Q3 revenue of $19.9M+ and Adjusted EBITDA of $1.0M+ would fit a pattern where prior positive partnership or efficiency updates sometimes preceded declines, such as the -4.28% move after the January 2026 milestone release. Historical SEC filings highlight substantial doubt about going concern, significant indebtedness, and dilution risk, which could overshadow improving near-term metrics and keep pressure on the shares following updates.
Key Terms
adjusted EBITDA financial
AI-driven cost optimization technical
AI-generated analysis. Not financial advice.
- B2B partnerships across Amazon, YouTube, Spotify, Apple, Paramount, YouTube, DAX, TextNow, Telly and AI partners Listener.com and Intuizi continue to drive growth
- Anticipates launching three Fortune 500 partnerships by year-end across carrier, retail, and TV
- 100+ potential partnerships in the pipeline
- Achieves
52% YoY OpEx reduction; targeting a34% YoY headcount reduction ($4M -$5M in savings) by year-end through AI-driven cost optimization - Paid off
$2.5M of debt
LOS ANGELES, Feb. 05, 2026 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today certain anticipated financial results for its third fiscal quarter (“Q3 Fiscal 2026”) and nine months-ended ended December 31, 2025 and provided certain key highlights for such periods.
“Our fiscal third quarter reflects the disciplined execution of our strategy and the meaningful progress we’ve made in streamlining our cost structure,” said Robert Ellin, LiveOne’s CEO and Chairman. “We remain focused on operating efficiency and building a more scalable platform that positions LiveOne for sustained long-term growth,” continued Mr. Ellin.
The select financial results discussed in this press release are based on management’s preliminary unaudited analysis of financial results for Q3 Fiscal 2026. As of the date of this press release, LiveOne has not completed its financial statement reporting process for Q3 Fiscal 2026, and LiveOne’s independent registered accounting firm has not audited or reviewed the preliminary financial results discussed in this press release. During LiveOne’s fiscal quarter-end closing procedures and review process, LiveOne may identify items that would require it to make adjustments, which may be material, to the information presented above. The estimated preliminary unaudited financial results contained in this press release are based only on currently available information as of the date hereof. As a result, the estimates above constitute forward-looking information and are subject to risks and uncertainties, including possible adjustments to preliminary financial results, and are not guarantees of future performance and may differ from actual results.
About LiveOne
Headquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. LiveOne's subsidiaries include Slacker, PodcastOne (Nasdaq: PODC), PPVOne, Custom Personalization Solutions, LiveXLive, DayOne Music Publishing, Drumify and Splitmind. LiveOne, a dedicated over-the-top application powered by Slacker, is available on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR's OTT applications. For more information, visit liveone.com and follow us on Facebook, Instagram, TikTok, YouTube and X at @liveone. For more investor information, please visit ir.liveone.com.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are “forward-looking statements,” which may often, but not always, be identified by the use of such words as “may,” “might,” “will,” “will likely result,” “would,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “could,” “believe,” “seek,” “continue,” “contemplate,” “predict,” “potential,” “target” or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: LiveOne’s reliance on its largest OEM customer for a substantial percentage of its revenue; LiveOne’s ability to consummate any proposed financing, acquisition, spin-out, special dividend, merger, distribution or transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, spin-out, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance stockholder value; LiveOne’s ability to continue as a going concern; LiveOne’s ability to attract, maintain and increase the number of its users and paid members; LiveOne identifying, acquiring, securing and developing content; LiveOne’s ability to implement its recently announced digital asset treasury strategy and/or purchase digital assets from time to time pursuant to such strategy, including for the maximum announced amount, and other risks related to such strategy; LiveOne’s intent to repurchase shares of its and/or PodcastOne’s common stock from time to time under LiveOne’s announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne’s ability to maintain compliance with certain financial and other debt covenants; LiveOne successfully implementing its growth strategy, including relating to its technology platforms and applications; management’s relationships with industry stakeholders; LiveOne’s ability to repay its indebtedness when due; LiveOne’s ability to satisfy the conditions for closing on its announced additional convertible debentures financing; uncertain and unfavorable outcomes in legal proceedings and/or LiveOne’s ability to pay any amounts due in connection with any such legal proceedings; significant legal, commercial, regulatory and technical uncertainty and risks related to Bitcoin, Ethereum and other digital assets; regulatory developments related to digital assets and digital asset markets; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of LiveOne’s subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in LiveOne’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 15, 2025, Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the SEC on November 14, 2025, and in LiveOne’s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and LiveOne disclaims any obligation to update these statements, except as may be required by law. LiveOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
Use of Non-GAAP Financial Measures*
To supplement our consolidated financial statements, which are prepared and presented in accordance with the accounting principles generally accepted in the United States of America (“GAAP”), we present Contribution Margin (Loss) and Adjusted Earnings Before Interest Tax Depreciation and Amortization (“Adjusted EBITDA”), which are non-GAAP financial measures, as measures of our performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, or superior to, operating loss and or net income (loss) or any other performance measures derived in accordance with GAAP or as an alternative to net cash provided by operating activities or any other measures of our cash flows or liquidity.
We use Contribution Margin (Loss) and Adjusted EBITDA to evaluate the performance of our operating segment. We believe that information about these non-GAAP financial measures assists investors by allowing them to evaluate changes in the operating results of our business separate from non-operational factors that affect operating income (loss) and net income (loss), thus providing insights into both operations and the other factors that affect reported results. Adjusted EBITDA is not calculated or presented in accordance with GAAP. A limitation of the use of Adjusted EBITDA as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Accordingly, Adjusted EBITDA should be considered in addition to, and not as a substitute for operating income (loss), net income (loss), and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, Adjusted EBITDA as presented herein may not be comparable to similarly titled measures of other companies.
Contribution Margin (Loss) is defined as Revenue less Cost of Sales before (a) Cost of Sales share-based compensation expense, (b) depreciation, and (c) amortization of developed technology. Adjusted EBITDA is defined as earnings before interest, other (income) expense, income tax expense, depreciation and amortization and before (a) non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, (b) legal, accounting and other professional fees directly attributable to acquisition activity, (c) employee severance payments and third party professional fees directly attributable to acquisition or corporate realignment activities, (d) certain non-recurring expenses associated with legal settlements or reserves for legal settlements in the period that pertain to historical matters that existed at acquired companies prior to their purchase date and a one-time minimum guarantee to effectively terminate a live events distribution agreement post COVID-19, and (e) certain stock-based compensation expense. Management does not consider these costs to be indicative of our core operating results.
With respect to projected quarterly or full fiscal year Adjusted EBITDA, a quantitative reconciliation is not available without unreasonable efforts due to the high variability, complexity and low visibility with respect to purchase accounting adjustments, acquisition-related charges and legal settlement reserves excluded from Adjusted EBITDA. We expect that the variability of these items to have a potentially unpredictable, and potentially significant, impact on our future GAAP financial results.
LiveOne Press Contact:
Follow LiveOne on social media: Facebook, Instagram, TikTok, YouTube, and X at @liveone.
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