Flagship explainer

How MNTN, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$290M · 100%Cost of revenue$66.2M · 23%Gross profit$224M · 77%Operating income$24M · 8%Income before tax−$16M · −6%Income tax−$9.6M · −3%Net income−$6.4M · −2%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$290M100%
Cost of revenue$66.2M23%
$224M77%
$24M8%
Income before tax−$16M−6%
Income tax−$9.6M−3%
−$6.4M−2%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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