PodcastOne (Nasdaq: PODC) Raises FY2026 Guidance to $68M–$75M Revenue and $7M–$10M Adjusted EBITDA*
Rhea-AI Summary
PodcastOne (Nasdaq: PODC) raised its FY2026 guidance to projected revenue of $68–$75 million and Adjusted EBITDA of $7–$10 million. The company converted a $7 million warrant exercise to cash, repaid all junior debt, and reports its largest cash position ever, while preparing to monetize 250K+ hours of video via AI/LLM data licensing partnerships.
Positive
- FY2026 revenue guidance raised to $68–$75 million
- FY2026 Adjusted EBITDA guidance set at $7–$10 million
- $7 million warrant exercise converted to cash, improving liquidity
- All junior debt repaid; company reports largest cash position to date
- Plans to monetize 250K+ hours of video via AI/LLM data licensing
- Ranked in Podtrac’s Top Ten publishers, ahead of several major media brands
Negative
- Forward-looking risks include PodcastOne’s ability to continue as a going concern
- Risk factors highlight reliance on LiveOne’s largest OEM customer for significant revenue
- Uncertain and potentially unfavorable outcomes in legal proceedings are cited as risks
News Market Reaction – PODC
In the May 27 session, PODC gained 4.62%, reflecting a moderate positive market reaction. Argus tracked a peak move of +4.2% during that session. Argus tracked a trough of -4.6% from its starting point during tracking. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility. Trading volume was elevated at 2.0x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 19 | Content renewal & deals | Positive | -0.8% | Multiyear renewal and new podcast distribution adding to content library. |
| May 15 | Conference participation | Positive | +1.9% | Selection to present at LD Micro conference highlighting AI and B2B plans. |
| May 12 | Show launch & acquisition | Positive | -1.9% | Launch and acquisition of mental health podcasts expanding show count. |
| May 12 | Warrant exercise cash inflow | Positive | -1.9% | Receipt of about $5.5M cash from warrant exercises at $3 per share. |
| May 11 | AI investor outreach | Positive | +4.2% | Expanded Gotavi partnership to boost AI-driven investor awareness. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent fundamentally positive news has often seen muted or negative next-day moves, suggesting a tendency toward profit-taking or skepticism after good headlines.
Over the last few weeks, PodcastOne has repeatedly highlighted growth and platform expansion. On April 29, 2026, it pre-announced record fiscal 2026 revenue of over $61M and more than $6M in Adjusted EBITDA. Subsequent releases covered new podcast launches, content acquisitions, AI-focused investor awareness efforts, cash inflows from warrant exercises of about $5.5M, and renewed distribution deals. Today’s raised FY2026 revenue and Adjusted EBITDA guidance builds directly on those growth and balance sheet updates.
Key Terms
adjusted ebitda financial
non-gaap financial measures financial
contribution margin (loss) financial
gaap financial
warrants financial
form 10-k regulatory
form 10-q regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
•
• PodcastOne in Podtrac’s Top Ten publisher rankings ahead of DailyWire+, Barstool and CNN
• Expects to start monetizing this quarter 250K+ hours of video content through AI/LLM data licensing partnerships with hyperscalers
• Expanding retailer and carrier partnerships alongside Amazon, Apple, Spotify, YouTube, Paramount Global, Pluto TV, Telly, LG, Samsung and Vizio
LOS ANGELES, May 27, 2026 (GLOBE NEWSWIRE) -- PodcastOne (Nasdaq: PODC), a leading podcast platform and publisher, today announced it has raised its fiscal year 2026 guidance to projected revenue of
“We believe PodcastOne is executing from a position of significant strength as we continue scaling our platform, monetization capabilities and strategic partnerships,” said Robert Ellin, Chairman of PodcastOne. “Raising our FY2026 guidance reflects growing confidence in our business model and long-term opportunities across advertising, AI licensing, B2B partnerships and M&A. With a strengthened balance sheet, expanding distribution ecosystem and growing premium content library, we believe PodcastOne is exceptionally well-positioned for sustained growth and long-term shareholder value creation.”
About PodcastOne
PodcastOne (Nasdaq: PODC) is a leading podcast platform that provides creators and advertisers with a comprehensive 360-degree solution in sales, marketing, public relations, production, and distribution. PodcastOne has surpassed 3.9 billion total downloads with a community of 200 top podcasters, including Adam Carolla, Kaitlyn Bristowe, Jordan Harbinger, LadyGang, A&E's Cold Case Files, and Varnamtown. PodcastOne has built a distribution network reaching over 1 billion monthly impressions across all channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio. PodcastOne is also the parent company of PodcastOne Pro which offers fully customizable production packages for brands, professionals, or hobbyists. For more information, visit www.podcastone.com and follow us on Facebook, Instagram, YouTube, and X at @podcastone.
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,” “believe,” “seek,” “continue,” “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 and PodcastOne’s ability to consummate any proposed financing, acquisition, merger, distribution or other 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, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; PodcastOne’s ability to continue as a going concern; PodcastOne’s ability to attract, maintain and increase the number of its listeners; PodcastOne identifying, acquiring, securing and developing content; LiveOne’s intent to repurchase shares of its and/or PodcastOne’s common stock from time to time under LiveOne’s 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 covenants; PodcastOne 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; LiveOne’s ability to implement its digital assets treasury strategy and/or purchase digital assets from time to time pursuant to such strategy, including for up to the maximum announced amount, and other risks related to such strategy; uncertain and unfavorable outcomes in legal proceedings and/or PodcastOne’s and/or LiveOne’s ability to pay any amounts due in connection with any such legal proceedings; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of PodcastOne, LiveOne and/or LiveOne’s other subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in PodcastOne’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 2, 2025, PodcastOne’s Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2025, filed with the SEC on February 13, 2026, and in PodcastOne’s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and PodcastOne disclaims any obligation to update these statements, except as may be required by law. PodcastOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
* About 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 segments. 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 quarter, nine-month and full Fiscal 2027 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.
Press Contacts:
PodcastOne
Susan Madore
Susan@Guttmanpr.com
