Ongoing momentum in FAST channel sales drives revenue growth and profitability
- Organic growth of 12.5% year-over-year in Broadcast and Recurring Commercial Music Revenues.
- Revenues increased 7.4% to $95.6 million in Q1 2026 from $89.1 million in Q1 2025.
- Adjusted EBITDA(1) rose 8.3% to $33.7 million in Q1 2026 from $31.1 million in Q1 2025.
- Broadcasting and Commercial Music: $24.4 million or 39.8% of revenues
- Radio: $11.0 million or 32.3% of revenues
- Corporate: $(1.8) million
- Net income increased to $16.8 million, or $0.24 per share, in Q1 2026 compared to $7.3 million, or $0.11 per share, in Q1 2025.
- Adjusted Net Income(1) grew 53.0% to $21.3 million, or $0.31 per share, in Q1 2026 from $13.9 million, or $0.20 per share, in Q1 2025.
- Cash flow from operating activities reached $19.0 million, or $0.28 per share, in Q1 2026 compared to $10.8 million, or $0.16 per share, in Q1 2025.
- Adjusted Free Cash Flow(1) improved to $18.8 million, or $0.27 per share, in Q1 2026 from $15.5 million, or $0.22 per share, in Q1 2025.
- Net debt to Pro Forma Adjusted EBITDA(1) ratio decreased to 2.24x at the end of Q1 2026 compared to 2.77x at the end of Q1 2025.
- Repurchased and cancelled 342,000 shares for a total of $3.1 million in Q1 2026.
Montreal, August 5, 2025 – Stingray Group Inc. (TSX: RAY.A; RAY.B) (“Stingray”), an industry leader in music and video content distribution, business services, and advertising solutions, announced today its financial results for the first quarter of fiscal 2026 ended June 30, 2025.
Contact Information
Mathieu Péloquin
Senior Vice-President, Marketing and Communications
Stingray
(514) 664-1244, ext. 2362
mpeloquin@stingray.com