Saturday 17 October 2026
Export GAIA’s income statement to Excel — free account
Gaia, Inc.
GAIA Communication Services Entertainment
In the quarter to June 2026, revenue fell 5.29%, EPS fell 71.4%, free cash flow fell 996.7% and total debt fell 2.69%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
1.37
0.02
+1.48%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 4.35 | 7.88 | 9.36 | 5.50 | 4.70 | 7.73 | 2.05 | 2.11 | 2.59 | 2.93 |
Analyst estimates 2026–2028 Powerpack |
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| High | 10.07 | 13.50 | 22.75 | 12.17 | 12.79 | 15.06 | 9.08 | 4.03 | 6.53 | 6.39 | |||||
| People | |||||||||||||||
| People | Employees | 114 | 130 | 150 | 135 | 123 | 150 | 111 | 109 | 104 | 112 | ||||
| Revenue/emp, $m | 0.15 | 0.22 | 0.28 | 0.40 | 0.54 | 0.53 | 0.74 | 0.74 | 0.86 | 0.88 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 17 | 28 | 42 | 54 | 67 | 80 | 82 | 80 | 89 | 99 | ||||
| Gross margin, % | 83.52 | 86.12 | 87.26 | 86.83 | 87.05 | 86.77 | 86.69 | 85.54 | 86.08 | 87.07 | |||||
| EBT | (17) | (25) | (36) | (18) | 1 | 2 | (3) | (6) | (5) | (5) | |||||
| EBT margin, % | (98.14) | (87.05) | (85.86) | (33.06) | 1.05 | 2.16 | (3.70) | (6.88) | (5.84) | (5.15) | |||||
| Net income | 87 | (23) | (34) | (18) | 1 | 4 | (4) | (6) | (5) | (5) | |||||
| Depreciation | 4 | 5 | 7 | 10 | 12 | 13 | 16 | 17 | 19 | 18 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 0.87 | 1.87 | 2.43 | 2.97 | 3.53 | 4.12 | 3.96 | 3.74 | 3.83 | 3.98 | ||||
| Earnings | 4.39 | (1.54) | (1.96) | (1.00) | 0.03 | 0.19 | (0.15) | (0.27) | (0.22) | (0.18) | |||||
| Cash flow | (0.77) | (1.37) | (1.24) | (0.14) | 0.62 | 1.08 | 0.08 | 0.27 | 0.30 | 0.23 | |||||
| Capex | (0.33) | (0.86) | (1.09) | (1.03) | (0.01) | (0.90) | (0.41) | (0.25) | (0.64) | (0.24) | |||||
| Free cash flow | (1.11) | (2.23) | (2.33) | (1.17) | 0.61 | 0.18 | (0.33) | 0.03 | (0.35) | (0.02) | |||||
| Book value | 4.91 | 5.02 | 4.72 | 3.79 | 3.92 | 4.67 | 4.14 | 4.04 | 4.03 | 4.11 | |||||
| Shares, m | 20 | 15 | 17 | 18 | 19 | 19 | 21 | 22 | 23 | 25 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 1.43 | 0.00 | 0.00 | 0.00 | 329.33 | 45.11 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 9.90 | 6.54 | 4.26 | 2.69 | 2.80 | 2.08 | 0.60 | 0.73 | 1.17 | 0.91 | |||||
| P/B | 1.75 | 2.43 | 2.19 | 2.11 | 2.52 | 1.83 | 0.57 | 0.67 | 1.11 | 0.88 | |||||
| EV/Sales | 6.77 | 5.82 | 3.84 | 2.82 | 2.71 | 2.04 | 0.64 | 0.70 | 1.24 | 0.83 | |||||
| EV/FCF | (5.31) | (4.94) | (4.01) | (7.15) | 15.81 | 45.98 | (7.81) | 95.09 | (13.66) | (7.92) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (15) | (21) | (21) | (3) | 12 | 21 | 2 | 6 | 7 | 6 | ||||
| Capex | (7) | (13) | (19) | (19) | 0 | (17) | (8) | (5) | (15) | (6) | |||||
| Free cash flow | (22) | (34) | (40) | (21) | 11 | 4 | (7) | 1 | (8) | 0 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 47 | 29 | 21 | (2) | (5) | (15) | (10) | (15) | (26) | (15) | ||||
| Total debt | — | 25 | 13 | 18 | 7 | 7 | 15 | 6 | 6 | 6 | |||||
| Net debt | (54) | (8) | (17) | 7 | (6) | (3) | 4 | (2) | 0 | (8) | |||||
| Shareholders’ equity | 98 | 76 | 81 | 69 | 74 | 90 | 86 | 87 | 94 | 102 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 73.87 | (22.80) | (33.11) | (17.02) | 0.48 | 3.06 | (2.89) | (4.37) | (3.86) | (3.04) | ||||
| ROIC | (23.81) | (22.98) | (35.56) | (14.18) | (4.21) | 1.43 | (0.19) | (3.36) | (3.80) | (3.38) | |||||
| ROE | 93.45 | (26.80) | (42.88) | (24.14) | 0.73 | 4.54 | (4.42) | (6.72) | (5.79) | (4.58) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Gaia, Inc. vs peers in Entertainment (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| BLMZF Harrison Global Holdings Inc. | $70.0M | — | — | — | — | — | — | — | Compare |
| RDI Reading International Inc | $58.7M | — (loss-making) | — (loss-making) | +10.80% (above 0%: growing) | n/m | −89.41% (below 0%: shrinking) | 22.50% | 11.18% | Compare |
| LFS Leifras Co., Ltd. - Sponsored ADR | $57.3M | — | — | — | — | +29.60% (above 0%: growing) | 32.23% | 5.19% | Compare |
| CNVS Cineverse Corp. | $39.9M | — (loss-making) | — (loss-making) | +175.16% (above 0%: growing) | n/m | +90.23% (above 0%: growing) | 34.84% | (16.75%) | Compare |
| GAIA Gaia, Inc. | $34.3M | — (loss-making) | — (loss-making) | −5.29% (below 0%: shrinking) | n/m | −996.70% (below 0%: shrinking) | 85.34% | (13.78%) | |
| TOON Kartoon Studios, Inc. | $33.6M | 5.8× | — (loss-making) | −43.37% (below 0%: shrinking) | n/m | +856.32% (above 0%: growing) | 20.39% | (58.58%) | Compare |
| ANGH Anghami Inc. | $29.6M | — (loss-making) | — (loss-making) | — | n/m | −43.30% (below 0%: shrinking) | 14.46% | 0.00% | Compare |
| NIPG NIP Group Inc. Sponsored ADR | $24.3M | — | — | — | — | — | — | — | Compare |
| MMVVF MultiMetaVerse Holdings Limited | $17.8M | — (loss-making) | — | — | n/m | −12,816.50% (below 0%: shrinking) | — | 0.00% | Compare |
| Median of peers | $36.8M | — | — | +10.80% | — | −6.85% | 22.50% | 0.00% |
Gaia, Inc. (GAIA) key facts
- Concern: Gaia, Inc. reported a net loss of $5.4 million, or a loss of $0.18 per share, for fiscal 2025.
- Gaia, Inc. (GAIA) is an Entertainment company in the Communication Services sector, listed on Nasdaq.
- As of October 16, 2026, GAIA traded at $1.37, a market capitalization of $34.3 million.
- Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.3× sales.
- Return on equity was −4.58% and debt-to-equity 0.06.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 0.58 (distress zone) for fiscal 2025.