GAIA, INC GAIA
Gaia, Inc. ("Gaia," "we," "us," "our" or the "Company") operates a global digital video subscription service and community that strives to connect a unique and underserved member base. Our digital content library includes over 10,000 titles and live events, with a growing selection of titles available in Spanish, German and French. Our members have unlimited access to this vast library of inspiring films, cutting edge documentaries, interviews, yoga classes, live events, transformation-related content and more – 90% of which is exclusively available to our members for digital streaming on most internet-connected devices anytime, anywhere, commercial free.
Our mission is to create a transformational network that empowers a global conscious community. Content on our network is currently organized into four primary channels— Yoga, Transformation, Alternative Healing, and Seeking Truth— and delivered directly to our members through our streaming platform. We curate programming for these channels by producing original content on our lifestyle campus with a staff of media professionals. This original and owned content currently comprises over 75% of our members' viewing time. We complement our original and owned content through long-term licensing agreements. Over 98% of our titles are available worldwide.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- International
| Region | FY2025 | FY2024 |
|---|---|---|
| United States | $59.5M | $50.3M |
| International | $39.5M | $39.0M |
As the company reported it, from the “Segment Information and Geographic Information - Geographical Data for Operations (Detail)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $99.0M | $89.3M | $80.4M | $82.0M | $79.6M | $66.8M | $54.0M | $42.0M | $28.3M | $17.2M |
| Cost of revenue | $12.8M | $12.4M | $11.6M | $10.9M | $10.5M | $8.7M | $7.1M | $5.4M | $3.9M | $2.8M |
| Gross profit | $86.2M | $76.9M | $68.8M | $71.1M | $69.0M | $58.2M | $46.9M | $36.6M | $24.4M | $14.4M |
| SG&A | $9.4M | $7.8M | $6.2M | $7.2M | $6.1M | $5.9M | $5.8M | $5.9M | $5.5M | $6.0M |
| Total operating expenses | $91.3M | $82.6M | $73.4M | $71.4M | $67.1M | $62.8M | $64.1M | $73.1M | $49.5M | $31.0M |
| Operating income | -$5.1M | -$5.7M | -$4.6M | -$265.0K | $2.0M | -$4.6M | -$17.2M | -$36.4M | -$25.1M | -$16.6M |
| Pre-tax income | -$5.1M | -$5.2M | -$5.5M | -$3.0M | $1.7M | $699.0K | -$17.8M | -$36.1M | -$24.6M | -$16.9M |
| Income tax | $192.0K | $34.0K | $60.0K | $202.0K | $2.0M | $180.0K | $45.0K | $1.9M | $925.0K | $6.1M |
| Net income | -$4.5M | -$5.2M | -$5.6M | -$3.6M | $3.7M | $519.0K | -$18.1M | -$33.8M | -$23.3M | $87.1M |
| EPS, basic | -0.18 | -0.22 | -0.27 | -0.19 | 0.19 | 0.03 | -1.00 | — | — | — |
| EPS, diluted | -0.18 | -0.22 | -0.27 | -0.19 | 0.19 | 0.03 | -1.00 | -1.96 | -1.54 | 4.39 |
| Shares, diluted (wtd. avg.) | 24.9M | 23.3M | 21.5M | 20.7M | 19.8M | 19.3M | 18.2M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $13.5M | $5.9M | $7.8M | $11.6M | $10.3M | $12.6M | $11.5M | $30.0M | $32.8M | $54.0M |
| Receivables | $5.4M | $5.6M | $4.1M | $3.0M | $2.7M | $2.0M | $2.3M | $1.3M | $1.1M | $554.0K |
| Total current assets | $22.5M | $15.7M | $16.1M | $17.2M | $15.0M | $16.4M | $16.2M | $34.5M | $36.9M | $55.9M |
| Property, plant and equipment | $27.0M | $26.9M | $26.3M | $25.2M | $50.6M | $39.2M | $36.9M | — | — | — |
| Goodwill | $34.0M | $31.9M | $31.9M | $31.9M | $28.9M | $17.3M | $17.3M | $10.6M | $10.6M | $10.6M |
| Other intangibles | $14.7M | $15.6M | $1.1M | $1.7M | $2.3M | — | — | — | — | — |
| Total assets | $154.6M | $141.2M | $130.3M | $128.5M | $130.0M | $110.0M | $106.2M | $107.2M | $97.0M | $107.2M |
| Accounts payable | $15.2M | $12.4M | $12.0M | $7.4M | $9.1M | $4.8M | $6.6M | $5.3M | $2.3M | $2.1M |
| Short-term debt | $227.0K | $5.8M | $155.0K | $149.0K | $860.0K | $138.0K | — | — | — | — |
| Total current liabilities | $38.0M | $41.8M | $31.4M | $27.4M | $29.8M | $21.3M | $18.6M | $13.0M | $7.7M | $9.1M |
| Long-term debt | $5.5M | $0 | $5.8M | $15.0M | $6.1M | $6.2M | $18.4M | $12.5M | — | — |
| Total liabilities | $52.5M | $47.2M | $43.5M | $49.3M | $43.5M | $35.8M | $37.3M | $25.7M | $20.8M | — |
| Retained earnings | -$94.9M | -$90.4M | -$85.2M | -$75.7M | -$75.6M | -$75.8M | -$76.4M | -$58.2M | -$24.4M | -$969.0K |
| Total equity | $87.9M | $80.7M | $86.8M | $85.9M | $87.3M | $74.2M | $68.9M | $81.5M | $76.2M | $97.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.7M | $6.9M | $5.9M | $1.7M | $20.9M | $11.7M | -$2.6M | -$21.4M | -$20.8M | -$15.4M |
| Depreciation and amortisation | $6.6M | $7.4M | $7.3M | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | $1.8M | $674.0K |
| Capital expenditure | $6.1M | $5.0M | $5.3M | $8.4M | $17.3M | $13.3M | $18.7M | $18.9M | $12.5M | $6.6M |
| Investing cash flow | -$10.0M | -$15.0M | -$5.3M | -$9.3M | -$23.9M | -$176.0K | -$20.3M | -$18.9M | -$13.0M | $145.2M |
| Financing cash flow | $12.1M | $6.2M | -$4.4M | $8.9M | $655.0K | -$10.4M | $4.4M | $37.4M | $12.6M | -$77.1M |
| Buybacks | — | — | $169.0K | — | — | — | — | — | — | $76.2M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-096522.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.2M | $28.3M | $42.0M | $54.0M | $66.8M | $79.6M | $82.0M | $80.4M | $89.3M | $99.0M |
| Gross profit | $14.4M | $24.4M | $36.6M | $46.9M | $58.2M | $69.0M | $71.1M | $68.8M | $76.9M | $86.2M |
| Net income | $87.1M | -$23.3M | -$33.8M | -$18.1M | $519.0K | $3.7M | -$3.6M | -$5.6M | -$5.2M | -$4.5M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Results announced Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Shareholder vote Item 5.07
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7812
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| LION | Lionsgate Studios Corp. | $3.72B | — | 1.8% |
| FUBO | FuboTV Inc. | $2.72B | — | 18.6% |
| ANGX | Angel Studios, Inc. | $643.0M | — | 233.2% |
| STRZ | STARZ ENTERTAINMENT CORP /CN/ | $380.0M | — | — |
| CURI | CuriosityStream Inc. | $169.1M | — | 40.1% |
| TOON | Kartoon Studios, Inc. | $32.2M | — | 20.7% |
| MPU | Mega Matrix Inc | — | — | -27.9% |