Welcome to our dedicated page for MNTN SEC filings (Ticker: MNTN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
MNTN, Inc.'s SEC filings document its Connected TV performance advertising business, operating results and public-company governance. Recent Form 8-K reports furnish quarterly and annual financial results under Item 2.02, including revenue, gross margin, net income, Adjusted EBITDA and commentary on the completed Maximum Effort divestiture.
The company's proxy materials cover annual meeting procedures, stockholder voting matters and governance disclosures for MNTN as a NYSE-listed operating company. Together, the filings record formal updates on financial condition, reporting events, shareholder actions and the structure of the company's performance TV software business.
MNTN, Inc. files its annual report describing a software platform that turns connected TV (CTV) into a performance marketing channel, letting brands run targeted, measurable TV campaigns similar to paid search and social. The company’s PTV platform uses AI-driven audience matching, detailed attribution across devices, and automated optimization to help customers hit return-on-ad-spend goals.
MNTN serves mainly small and mid-sized businesses, many advertising on TV for the first time, but is also targeting large global brands. Revenue is usage-based on ad spend, with strong seasonality: fourth-quarter revenue was 30.0% of 2025 sales and first-quarter revenue was 22.2%. As of June 30, 2025, non-affiliate equity market value was $718.9 million, and as of February 2, 2026, the company had 56,796,624 Class A and 17,076,086 Class B shares outstanding. The report highlights risks including dependence on CTV adoption, digital ad demand, a concentrated customer base, evolving privacy laws, and competition for premium CTV inventory.
MNTN, Inc. reports beneficial ownership stakes held by Mark Douglas and Hot Springs Capital I LLC. Mark Douglas beneficially owns 9,586,506 shares of Class A Common Stock (representing 17.8%), and Hot Springs Capital I LLC beneficially owns 9,006,581 shares (representing 16.9%). The filing cites 44,231,894 shares outstanding as of October 31, 2025 and states the ownership figures assume one-to-one conversion of Class B shares and exercise of disclosed options. Mr. Douglas is trustee of a trust holding 448,000 shares and controls voting and investment decisions for Hot Springs Capital I LLC.
MNTN, Inc. reported record fourth quarter and full year 2025 results with strong growth and improving profitability. Fourth quarter revenue rose 36% year-over-year excluding the Maximum Effort divestiture to $87.1 million (GAAP revenue up 25%), while gross margin expanded to 82% from 77%.
Fourth quarter net income reached $34.5 million versus a prior-year loss, and Adjusted EBITDA increased to $28.1 million, or 32% of revenue. For 2025, GAAP revenue was $290.1 million, up 29%, with a net loss of $6.4 million including a one-time $23.0 million IPO charge; full-year Adjusted EBITDA grew to $68.0 million (23% margin).
The company ended 2025 with $210.2 million in cash and cash equivalents and no borrowings, and trailing twelve month active Performance TV customers increased to 3,632. For 2026, MNTN expects revenue between $345 million and $355 million and Adjusted EBITDA between $94.6 million and $99.6 million, with Q1 2026 revenue guided to $71.3–$73.3 million.
Wellington Management Group LLP and affiliated entities report a significant ownership position in MNTN, Inc. common stock. They disclose beneficial ownership of 5,730,723 shares, representing 12.96% of the outstanding common stock. Voting and investment power over these shares is shared among the Wellington entities, with no sole voting or dispositive power reported.
The shares are owned of record by clients of various Wellington investment advisers, who are entitled to dividends and sale proceeds. Wellington certifies that the position is held in the ordinary course of business and not for the purpose of changing or influencing control of MNTN.
MNTN Inc. received an amended Schedule 13G filing showing that FMR LLC and Abigail P. Johnson beneficially own 2,822,967 shares of MNTN Class A common stock, representing 6.4% of the class as of the event date. FMR LLC has sole voting and dispositive power over these shares, while Abigail P. Johnson is reported with sole dispositive power over the same amount and no voting power. The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of MNTN Inc.
A holder of MNTN Class A common stock filed a notice of proposed sale under Rule 144. The filing covers a planned sale of 600,000 Class A Common shares through Citigroup Global Markets Inc. on or about 01/16/2026, with an aggregate market value of $6,600,000. The filing notes that 44,231,894 Class A Common shares were outstanding. The securities to be sold were originally acquired from the issuer via convertible note transactions dated 05/04/2012 and 07/09/2013, for 2,744,821 and 2,794,394 Class A Common shares, respectively, paid in cash.
MNTN, Inc. director Hadi Partovi, through Hadi Partovi Investments LLC, reported a series of open-market sales of Class A common stock over three days in December 2025. On 12/01/2025, the LLC sold 192,598 shares at a weighted average price of $13.46, leaving 254,922 shares indirectly held. On 12/02/2025, it sold 168,257 shares at a weighted average price of $13.39, leaving 86,665 shares indirectly held. On 12/03/2025, the LLC sold the remaining 86,665 shares at a weighted average price of $13.39, after which no shares were reported as indirectly owned.
The prices for each day reflect weighted averages of multiple trades within disclosed intraday ranges, and the reporting person has undertaken to provide full trade-by-trade details to regulators, the issuer, or its security holders upon request.
MNTN has a planned insider sale under Rule 144 for 86,665 shares of Class A common stock through Morgan Stanley Smith Barney on or about 12/03/2025 on the NYSE, with an indicated aggregate market value of $1,160,687.01. Class A common shares outstanding are listed at 44,231,894.
The shares to be sold were acquired on 01/30/2023 from the issuer via a convertible note transaction paid in cash. The filing also discloses that Hadi Partovi Investments LLC has sold additional common shares in the past three months, including 168,257 shares on 12/02/2025 for $2,253,701.56 and 192,598 shares on 12/01/2025 for $2,592,195.74.
A shareholder of MNTN has filed a Form 144 notice to sell up to 168,257 shares of Class A common stock through Morgan Stanley Smith Barney on or about 12/02/2025 on the NYSE, with an aggregate market value of $2,253,701.56. The filing notes that 44,231,894 shares of this class were outstanding.
The securities to be sold were acquired from the issuer in 2023 via a convertible note and private acquisitions, all paid in cash. The notice also reports that during the past three months, Hadi Partovi Investments LLC sold 192,598 common shares for gross proceeds of $2,592,195.74.
A holder of Class A common stock has filed a Form 144 notice for a planned sale of 192,598 shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $2,592,195.74. The filing notes that 44,231,894 shares of this class were outstanding at the time of the notice and indicates an approximate sale date of 12/01/2025.
The shares to be sold were previously acquired in a series of private acquisitions from the issuer or an affiliate in 2022 and 2023, all paid in cash. By signing the notice, the selling holder represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.