Flagship explainer

How Reservoir Media, 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$176M · 100%Cost of revenue$62M · 35%Gross profit$114M · 65%Operating income$38.2M · 22%Income before tax$11.2M · 6%Income tax$3.3M · 2%Net income$8.3M · 5%As of 2026-03-31 · 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
$176M100%
Cost of revenue$62M35%
$114M65%
$38.2M22%
Income before tax$11.2M6%
Income tax$3.3M2%
$8.3M5%
Source: · event Mar 31, 2026 · retrieved Jul 26, 2026 · annual-row source set
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