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Nasdaq · Communication Services

Gaia, Inc. (GAIA)

As-reported financials and SEC filings for Gaia, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Gaia, Inc.

Gaia, Inc. operates a global digital video subscription service that offers a library of over 10,000 titles focused on yoga, transformation, alternative healing, and seeking truth. The company produces most of its original content in-house and provides members with exclusive access to films, documentaries, interviews, yoga classes, and live events. Gaia serves a niche audience interested in conscious media and holistic lifestyles, delivering content worldwide through internet-connected devices.

Snapshot

Revenue
$99.0M
Revenue growth (YoY)
10.8%
Net income
$-4.5M
Diluted EPS
$-0.18
Gross margin
87.1%
Operating margin
-5.2%
Net margin
-4.5%
FCF margin
-0.4%
ROE
-4.4%
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$31.8M
Long-term debt / equity
0.05×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Gaia

  • Revenue grew 10.8% to $99M in FY2025, in line with the 11.0% the year before.
  • Operating margin is now a 5.2% loss in FY2025, from 2.5% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $23M, down 5.3% from Q2 FY2025.
  • Free cash flow was negative $377000 in FY2025.
  • Net loss narrowed to $4M in FY2025, from $5M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Gaia’s fundamentals sit among the 213 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin87.1%
98th percentile of 102
Operating margin-5.2%
35th percentile of 182
Net margin-4.5%
38th percentile of 188
FCF margin-0.4%
28th percentile of 162
Revenue growth (YoY)+10.8%
68th percentile of 206
ROE-4.4%
39th percentile of 162
Long-term debt / equity0.05×
8th percentile of 100
Short interest3.70d
46th percentile of 212

Gaia’s gross margin of 87.1% ranks in the 98th percentile of the 102 Communication Services companies reporting it. Gaia’s long-term debt to equity of 0.05 ranks in the 8th percentile of the 100 Communication Services companies reporting it.

10 reported insider purchases (code P) totaling $45,157 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+3 quant / multi-strat
Initiated / added
2
1 new, 1 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$820,574
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$525,510250.2KNew
Renaissance TechnologiesquantQ2 2026$238,058113.4KReduced
AQR Capital ManagementquantQ2 2026$57,00627.1KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
10
1 insider
Bought (90d)
$45K
code P value
Sells (90d)
0
—
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-25
filed 2026-09-29
Paul Howard SutherlandDirectorBuy2.0K$1.30$3K
2026-09-14
filed 2026-09-16
Paul Howard SutherlandDirectorBuy11.0K$1.23$14K
2026-09-14
filed 2026-09-16
Paul Howard SutherlandDirectorBuy100$1.25$125
2026-09-11
filed 2026-09-15
Paul Howard SutherlandDirectorBuy3.5K$1.37$5K
2026-09-09
filed 2026-09-10
Paul Howard SutherlandDirectorBuy500$1.55$775
2026-09-02
filed 2026-09-04
Paul Howard SutherlandDirectorBuy1.0K$1.67$2K
2026-08-21
filed 2026-08-25
Paul Howard SutherlandDirectorBuy2.5K$1.46$4K
2026-08-20
filed 2026-08-21
Paul Howard SutherlandDirectorBuy1.6K$1.46$2K
2026-08-17
filed 2026-08-19
Paul Howard SutherlandDirectorBuy3.4K$1.47$5K
2026-08-14
filed 2026-08-18
Paul Howard SutherlandDirectorBuy7.5K$1.42$11K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
281.1K
settled 2026-09-30
Change vs prior
+96.7%
vs previous settlement
Days to cover
3.70
at avg daily volume
Avg daily volume
76.0K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30281.1K+96.7%3.70
2026-09-15142.9K-31.5%1.25
2026-08-31208.6K-20.3%2.65
2026-08-14261.8K+242.0%1.07
2026-07-3176.5K-10.4%1.00
2026-07-1585.4K+12.9%1.00
2026-06-3075.7K-84.8%1.00
2026-06-15496.5K-15.3%5.35

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$99.0M$89.3M$80.4M$82.0M$79.6M
Gross profit
Operating income$-5.1M$-5.7M$-4.6M$-265,000$2.0M
Net income$-4.5M$-5.2M$-5.6M$-3.6M$3.7M
Diluted EPS$-0.18$-0.22$-0.27$-0.19$0.19

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$13.5M$5.9M$7.8M$11.6M$10.3M
Current assets$22.5M$15.7M$16.1M$17.2M$15.0M
Total assets$154.6M$141.2M$130.3M$135.2M$133.7M
Current liabilities$38.0M$41.8M$31.4M$27.4M$29.8M
Long-term debt$5.5M$0$5.8M$15.0M$6.1M
Total liabilities$52.5M$47.2M$43.5M$49.3M$43.5M
Total equity$102.1M$94.0M$86.8M$85.9M$87.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$5.7M$6.9M$5.9M$1.7M$20.9M
Capital expenditure$6.1M$5.0M$5.3M$8.4M$17.3M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$23.3M-5.3%$-3.0M$-0.12
Q1 FY2026$24.3M2.0%$-1.3M$-0.05
Q4 FY20255.8%
Q3 FY2025$25.0M13.4%$-1.2M$-0.05
Q2 FY2025$24.6M12.7%$-1.8M$-0.07
Q1 FY2025$23.8M11.9%$-1.0M$-0.04
Q4 FY202416.3%
Q3 FY2024$22.0M8.9%$-1.2M$-0.05

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryServices-Motion Picture & Video Tape Production
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2005
SEC CIK1089872

Selected SEC filings

10-K2026-03-06
View on EDGAR →
10-Q2026-08-10
View on EDGAR →
10-Q2026-05-04
View on EDGAR →
8-K2026-08-10
View on EDGAR →
8-K2026-05-04
View on EDGAR →
8-K2026-04-29
View on EDGAR →
8-K2026-03-02
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.