Dolphin Entertainment Inc.
08/12/2026 | Press release | Distributed by Public on 08/12/2026 14:59
Dolphin Entertainment Reports Second Quarter 2026 Results (Form 8-K)
Dolphin Entertainment Reports Second Quarter 2026 Results
Q2'26 Revenue Rises 2.5% YoY to $14.4 Million; H1'26 Revenue Up 3.8% YoY to $27.2 Million
MIAMI, FL / ACCESS Newswire / August 12, 2026 / Dolphin (NASDAQ:DLPN), a leading entertainment marketing and premium content production company, today announced its financial results for the second quarter ended June 30, 2026.
Bill O'Dowd, CEO of Dolphin, commented:
"Total revenue for the second quarter grew 2.5% year-over-year to $14.4 million, and revenue for the first half of 2026 grew 3.8% to $27.2 million, continuing the top-line growth trend we saw in the first quarter. Our underlying business performed well across the portfolio this quarter.
Turning to the bottom line, net loss increased slightly to $1.6 million from $1.4 million in the prior year period. The net loss was impacted by retention bonuses paid to certain employees during the quarter ended June 30, 2026 in the amount of $360,000 and increased legal and professional fees, including approximately $360,000 of litigation-related legal costs. The retention bonuses are not intended to recur and the legal fees are expected to moderate going forward. Taken together, we believe the underlying trajectory of the business remains strong, and we expect a meaningful sequential improvement in profitability in the third quarter as both headwinds subside.
I'd like to also reiterate that following several years of acquisitions and growth-related investment, Dolphin is well positioned to realize the benefits of that work. We continue to operate in highly attractive sectors, and with rising underlying profitability, modest capex requirements, and approximately $127 million in NOL carryforwards, we remain confident in our ability to generate meaningful free cash flow in the periods ahead. Finally, with insiders holding a substantial stake in the company, management remains deeply aligned with shareholders in the pursuit of long-term value. In fact, under the 10(b)(5) buying plan currently in place for myself, I expect to own over 5% of the DLPN common stock in the next week or two.
A few other recent highlights: we continue to make progress with our DealMaker partnership and remain on track to bring our first deal to market this year, and we launched Graviteur Studios, a new creator-led content venture with KYNETIC Media Ventures. We would also remind investors that our bank debt matures in just over two years, which will free up nearly $2.2 million in annual principal and interest payments, and we continue to anticipate roughly $1 million in annualized lease savings once our large New York City and Los Angeles leases expire in the second half of 2027. Given our NOLs, which substantially shield us from cash taxes, the bulk of these combined savings should flow directly to the bottom line, providing a further tailwind to free cash flow."
Q2 2026 and Recent Highlights
| • | Total revenue for the three months ended June 30, 2026, was $14.4 million, an increase of 2.5% from $14.1 million last year. Total revenue for the six months ended June 30, 2026, was $27.2 million, an increase of 3.8% from $26.3 million last year. |
| • | Operating loss was $1.0 million for the three months ended June 30, 2026, compared to an operating loss of $0.1 million for the three months ended June 30, 2025. |
| • | Operating expenses for Q2 2026 were $15.5 million, including non-cash expenses of $0.5 million related to depreciation and amortization, approximately $0.4 million of non-recurring retention bonuses at certain subsidiaries, and legal and professional fees higher than usual due to litigation costs of approximately $0.4 million. This compares to operating expenses of $14.1 million in Q2 2025. |
| • | Net loss for Q2 2026 was $1.6 million as compared to a net loss of $1.4 million for Q2 2025. |
| • | Basic and diluted loss per share for Q2 2026 was $(0.13) based on 12,848,706 weighted average shares outstanding, compared to basic and diluted loss per share in Q2 2025 of $(0.13) based on 11,168,572 and 11,232,511 weighted average shares outstanding, respectively. |
| • | Adjusted EBITDA for Q2 2026 was approximately $243,000, compared to approximately $628,000 in Q2 2025. Adjusted EBITDA basic and diluted earnings per share for Q2 2026 was $0.02 based on 12,848,706 weighted average shares outstanding, compared to $0.06 basic earnings per share for Q2 2025 based on 11,168,572 weighted average shares outstanding and $0.04 fully diluted earnings per share for Q2 2025 based on 17,426,405 weighted average shares outstanding. |
| • | Cash and cash equivalents were $7.7 million as of June 30, 2026, compared to $8.8 million as of December 31, 2025. |
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Dolphin
| • | Launched Graviteur Studios, a creator-led, content venture, in partnership with KYNETIC Media Ventures |
| • | Continued to advance the DealMaker partnership, targeting the Company's first deal to market later this year |
| • | Subsidiaries and clients had a successful showing at the Cannes Lions Festival of Creativity and the Cannes Film Festival |
| • | Subsidiaries powered high-profile campaigns at San Diego Comic-Con 2026 |
42West
| • | Delivered a standout film and TV slate at the 25th Tribeca Film Festival |
| • | Landed multiple nominations for clients at the 78th Emmy Awards |
| • | Drove high-profile campaigns at Anime Expo 2026 for Nebula17, TOHO International and GKIDS |
Shore Fire Media
| • | Client Handcraft Entertainment partnered with Takasago to develop fragrances, flavors and consumer products defining the world of "global" J-Pop |
The Door
| • | Named Agency of Record for Palm Tree Crew amid the lifestyle brand's expansion into hospitality, real estate and golf |
| • | The Door's DISRPT division represented U.S. SailGP around major U.S. race events |
Elle Communications
| • | Clients took the stage at the NEXUS Global Summit 2026 |
The Digital Dept.
| • | Partnered with Vidcon to power a featured creator gifting lounge at Vidcon Anaheim 2026 |
Conference Call Information
To participate in this event, dial in approximately 5 to 10 minutes before the beginning of the call.
Date: August 12, 2026
Time: 4:30pm ET
Toll Free: 888-506-0062 International: 973-528-0011 Participant Access Code: 402529
Webcast: https://www.webcaster5.com/Webcast/Page/2225/54390
Replay
Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 403685
Webcast Replay: https://www.webcaster5.com/Webcast/Page/2225/54390
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Dolphin Entertainment Inc. published this content on August 12, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 12, 2026 at 20:59 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]