1. Home
  2. DLPN
  3. Earnings

Earnings Transcripts

SEC 8-K filings with transcript text

View All
2026
Q2

Q2 2026 Earnings

8-K

Aug 12, 2026

0001079973-26-001070

EX-99.1

2 ex99x1.htm

PRESS RELEASE

Exhibit 99.1

Dolphin Entertainment Reports Second Quarter 2026 Results

Q2'26 Revenue Rises 2.5% YoY to $14.4 Million; H1'26 Revenue Up 3.8% YoY to $27.2 Million

MIAMI, FL / ACCESS Newswire / August 12, 2026 / Dolphin (NASDAQ:DLPN), a leading entertainment marketing and premium content production company, today announced its financial results for the second quarter ended June 30, 2026.

Bill O'Dowd, CEO of Dolphin, commented:

“Total revenue for the second quarter grew 2.5% year-over-year to $14.4 million, and revenue for the first half of 2026 grew 3.8% to $27.2 million, continuing the top-line growth trend we saw in the first quarter. Our underlying business performed well across the portfolio this quarter.

Turning to the bottom line, net loss increased slightly to $1.6 million from $1.4 million in the prior year period. The net loss was impacted by retention bonuses paid to certain employees during the quarter ended June 30, 2026 in the amount of $360,000 and increased legal and professional fees, including approximately $360,000 of litigation-related legal costs. The retention bonuses are not intended to recur and the legal fees are expected to moderate going forward. Taken together, we believe the underlying trajectory of the business remains strong, and we expect a meaningful sequential improvement in profitability in the third quarter as both headwinds subside.

I'd like to also reiterate that following several years of acquisitions and growth-related investment, Dolphin is well positioned to realize the benefits of that work. We continue to operate in highly attractive sectors, and with rising underlying profitability, modest capex requirements, and approximately $127 million in NOL carryforwards, we remain confident in our ability to generate meaningful free cash flow in the periods ahead. Finally, with insiders holding a substantial stake in the company, management remains deeply aligned with shareholders in the pursuit of long-term value. In fact, under the 10(b)(5) buying plan currently in place for myself, I expect to own over 5% of the DLPN common stock in the next week or two.

A few other recent highlights: we continue to make progress with our DealMaker partnership and remain on track to bring our first deal to market this year, and we launched Graviteur Studios, a new creator-led content venture with KYNETIC Media Ventures. We would also remind investors that our bank debt matures in just over two years, which will free up nearly $2.2 million in annual principal and interest payments, and we continue to anticipate roughly $1 million in annualized lease savings once our large New York City and Los Angeles leases expire in the second half of 2027. Given our NOLs, which substantially shield us from cash taxes, the bulk of these combined savings should flow directly to the bottom line, providing a further tailwind to free cash flow.”

Q2 2026 and Recent Highlights

•Total revenue for the three months ended June 30, 2026, was $14.4 million, an increase of 2.5% from $14.1 million last year. Total revenue for the six months ended June 30, 2026, was $27.2 million, an increase of 3.8% from $26.3 million last year.

•Operating loss was $1.0 million for the three months ended June 30, 2026, compared to an operating loss of $0.1 million for the three months ended June 30, 2025.

•Operating expenses for Q2 2026 were $15.5 million, including non-cash expenses of $0.5 million related to depreciation and amortization, approximately $0.4 million of non-recurring retention bonuses at certain subsidiaries, and legal and professional fees higher than usual due to litigation costs of approximately $0.4 million. This compares to operating expenses of $14.1 million in Q2 2025.

•Net loss for Q2 2026 was $1.6 million as compared to a net loss of $1.4 million for Q2 2025.

•Basic and diluted loss per share for Q2 2026 was $(0.13) based on 12,848,706 weighted average shares outstanding, compared to basic and diluted loss per share in Q2 2025 of $(0.13) based on 11,168,572 and 11,232,511 weighted average shares outstanding, respectively.

•Adjusted EBITDA for Q2 2026 was approximately $243,000, compared to approximately $628,000 in Q2 2025. Adjusted EBITDA basic and diluted earnings per share for Q2 2026 was $0.02 based on 12,848,706 weighted average shares outstanding, compared to $0.06 basic earnings per share for Q2 2025 based on 11,168,572 weighted average shares outstanding and $0.04 fully diluted earnings per share for Q2 2025 based on 17,426,405 weighted average shares outstanding.

•Cash and cash equivalents were $7.7 million as of June 30, 2026, compared to $8.8 million as of December 31, 2025.

1

Dolphin

•Launched Graviteur Studios, a creator-led, content venture, in partnership with KYNETIC Media Ventures

•Continued to advance the DealMaker partnership, targeting the Company's first deal to market later this year

•Subsidiaries and clients had a successful showing

2026
Q1

Q1 2026 Earnings

8-K

May 12, 2026

0001079973-26-000641

EX-99.1

2 ex99x1.htm

EXHIBIT 99.1

Exhibit 99.1

Dolphin Entertainment Reports First Quarter 2026 Results

·Q1'26 Revenue Rises 5.2% YoY to $12.8M

·Reiterates Expectations for Continued Revenue Growth, Significant Free Cash Flow Generation, and Adjusted EBITDA Margin Expansion in 2026

MIAMI, FL / Dolphin (NASDAQ:DLPN), a leading entertainment marketing and premium content production company, today announced its financial results for the first quarter ended March 31, 2026.

Bill O'Dowd, CEO of Dolphin, commented:

“While the first quarter is historically our lightest due to normal business seasonality, we are pleased to report continued top-line growth, with total revenue increasing 5.2% year-over-year to $12.8 million. Furthermore, we reduced our Adjusted EBITDA loss by 25% year-over-year. We emphasize Adjusted EBITDA because, given our significant non-cash amortization expenses and minimal capital expenditures, it is a much more accurate reflection of our true cash flow potential than operating income.

As noted in our prior quarter's remarks, following several years of acquisitions and growth-related investment, Dolphin is now well positioned to realize the benefits of that work. We continue to operate in highly attractive sectors, and with rising profitability, modest capex requirements, and $127 million in NOL carryforwards, we remain confident in our ability to generate meaningful free cash flow in the periods ahead. Finally, with insiders holding a substantial stake in the company, management remains deeply aligned with shareholders in the pursuit of long-term value.

Looking ahead, we are excited about the rest of 2026, 2027, and beyond. In addition to organic improvements in our existing business, there are readily identifiable catalysts that should increase earnings even more. We are making progress with our DealMaker partnership, and we just announced a publishing imprint venture with Copper Books and Simon & Schuster that allows us to offer premium book publishing services to our clients with no upfront capital required from Dolphin. We would also remind investors that our bank debt matures in less than two and a half years, which will free up nearly $2.2 million in annual principal and interest payments. Looking a bit further out, we continue to anticipate roughly $1 million in annualized lease savings once our large New York City and Los Angeles leases expire in the second half of 2027. Given our NOLs, which substantially shield us from cash taxes, the bulk of these combined savings should flow directly to the bottom line, providing a further tailwind to free cash flow.”

Q1 2026 and Recent Highlights

Total revenue for the three months ended March 31, 2026, was $12.8 million, an increase of 5.2% from $12.2 million last year.

Operating loss was $2.1 million for the three months ended March 31, 2026, compared to an operating loss of $1.8 million for the three months ended March 31, 2025.

Operating expenses for Q1 2026 were $14.9 million, including non-cash expenses of $0.5 million related to depreciation and amortization, a one-time non-recurring distribution guarantee of $0.7 million and legal and professional fees higher than usual due to litigation costs of approximately $0.2 million. This compares to operating expenses of $13.9 million in Q1 2025, including depreciation and amortization of $0.6 million and acquisition costs of approximately $0.4 million.

Net loss for Q1 2026 was $2.7 million as compared to a net loss of $2.3 million for Q1 2025.

Basic and diluted loss per share for Q1 2026 was $(0.22) based on 12,327,974 weighted average shares outstanding compared to basic and diluted loss per share in Q1 2025 of $(0.21) based on 11,162,026 weighted average shares outstanding.

Adjusted EBITDA loss for Q1 2026 of approximately $(467,000) improved by 25% compared to approximately $(625,000) in Q1 2025.

Dolphin

·Subsidiary clients shaped the Summer 2026 season with culture-defining festivals and events

·CEO was featured on Variety's "Strictly Business" podcast and discussed the creator economy's transformation of marketing and consumer product launches

·Expanded Miami footprint to support continued growth across subsidiaries

·Partnered with DealMaker to unlock community capital for celebrity and influencer brands

·Powerhouse subsidiaries led major brand activations during Super Bowl LX

42West

·Drove global film publicity at CinemaCon 2026

·Delivered marquee talent and a standout film slate at the 2026 SXSW Festival, featuring a company-record 16 world premiere titles and three audience award-winners

·Celebrated an Oscar win as "Mr. Nobody Against Putin" took Best Documentary Feature at the 98th Academy Awards

·Clients presented, performed, and took home honors at the 2026 GRAMMY Awards (in partnership with Shore Fire Media)

·Landed six nominations for clients at the 98th Academy Awards

·Brought exciting and diverse projects to the 2026 Sundance Film Festival

Shore Fire Med

2025
Q4

Q4 2025 Earnings

8-K

Mar 25, 2026

0001079973-26-000357

EX-99.1

2 ex99x1.htm

EXHIBIT 99.1

Exhibit 99.1

Dolphin Entertainment Reports Record Fourth Quarter and Full-Year 2025 Results

·2025 Revenue Rises 10% to $56.7M; Q4’25 Revenue Up 27% YoY to $15.6M

·2025 Net Loss Decreases by $9.5M and 2025 Adjusted EBITDA More than Triples to $2.9M compared to 2024

·Q4’25 Net Income of $1.0M vs. Net Loss of $2.0M in

Q4 24

·Q4’25 Adjusted EBITDA Swings to $1.7M Profit vs. $(0.5)M Year-Ago Loss

·Expects Continued Revenue Growth and Adjusted EBITDA Margin Expansion in 2026

MIAMI, FL / March 25, 2026 / Dolphin (NASDAQ:DLPN) a leading entertainment marketing and premium content production company, today announced its financial results for the fourth quarter and full year ended December 31, 2025.

Bill O'Dowd, CEO of Dolphin, stated:

"2025 marked a turning point for Dolphin. After several years of strategic acquisitions and growth investments, we are now reaping the benefits. Full-year revenue grew approximately 10% to $56.7 million, with fourth quarter revenue up 27% year-over-year to $15.6 million. Full-year Adjusted EBITDA reached $2.9 million, up 209% from $0.9 million. Q4 was particularly strong, with Adjusted EBITDA of $1.7 million compared to Adjusted EBITDA loss of $0.5 million in Q4 2024, a $2.2 million swing that underscores the operating leverage in our model.

Our recently announced strategic partnership with DealMaker, our AI capabilities through Dolphin Intelligence, and our disciplined venture investments represent additional growth catalysts requiring little to no upfront capital. We expect continued top-line growth in 2026 and, just as in 2025, we expect Adjusted EBITDA to expand significantly faster than revenue. We have built the infrastructure and team to support a meaningfully larger revenue base, in which incremental revenue is able to flow disproportionately to the bottom line and we expect continued Adjusted EBITDA margin expansion in 2026.

We are excited about 2026, 2027 and beyond. Our bank debt matures within roughly two and a half years, which will save us almost $2.2 million in principal and interest payments on an annual basis. Furthermore, we expect approximately $1 million in annualized lease savings to be achieved after our large leases in New York City and Los Angeles terminate by the end of 2026 and 2027, respectively. These lease savings will enhance our operational leverage, and just as with our expectations of continued organic growth and margin expansion, nearly all these savings will flow directly to our free cash flow given our NOL federal and state carryforwards of $127 million.

2025 and Recent Highlights

Total revenue for the year ended December 31, 2025, was $56.7 million, an increase of 10% from $51.7 million last year.

Operating loss was $0.04 million for the year ended December 31, 2025, compared to an operating loss of $10.5 million for the year ended December 31, 2024.

Operating expenses for full year 2025 were $56.7 million, including non-cash expenses of $2.4 million related to depreciation and amortization. This compares to operating expenses of $62.2 million in 2024, including depreciation and amortization of $2.4 million, and non-recurring or non-cash expenses of $8.0 million, consisting primarily of a $6.7 million goodwill impairment and a $1.3 million write-off of notes receivable.

Net loss for full year 2025 was $3.1 million, including non-cash expenses of approximately $2.4 million related to depreciation and amortization and non-recurring net expenses of $0.5 million related to acquisition costs, debt extinguishment costs and a gain on the sale of a subsidiary. This compares to a net loss of $12.6 million for 2024, including depreciation and amortization of $2.4 million and non-recurring and non-cash expenses of approximately $8.0 million, primarily consisting of a $6.7 million goodwill impairment and a $1.3 million write-off of notes receivable.

Basic and diluted loss per share for full year 2025 was $(0.27) based on 11,558,485 weighted average shares outstanding compared to basic and diluted loss per share in 2024 of $(1.22) based on 10,306,904 weighted average shares outstanding.

Adjusted EBITDA for full year 2025 was $2.9 million, compared to $0.9 million in 2024;

Adjusted EBITDA for Q4 2025 was $1.7 million, compared to $(0.5) million in Q4 2024.

Dolphin

Partnered with DealMaker to Unlock Community Capital for Celebrity and Influencer Brands

Dolphin's Powerhouse Subsidiaries Lead Major Brand Activations During Super Bowl LX

CEO Featured on Variety's "Strictly Business" Podcast, Discusses the Creator Economy's Transformation of Marketing and Consumer Product Launches

Expanded Miami Footprint to Support Continued Growth Across Subsidiaries

Unveiled New 'Dolphin Intelligence' Division to Power AI-Driven Marketing

and Communications Strategy and Execution for Partners

Named One of Crain's Best Places to Work in NYC 2025

CEO Bill O'Dowd Named to PRNEWS 2025 People of the Year List; Company Recogni

About Dolphin Entertainment Inc. (DLPN) Earnings

This page provides Dolphin Entertainment Inc. (DLPN) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.

Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on DLPN's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.

Share on Social Networks: