MNTN (MNTN) Financial Statements & Analysis

MNTN (MNTN) Income Statement

MNTN reported revenue of $290.09M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 28.6% from $225.57M a year earlier. MNTN posted a net loss of $6.43M, compared with a net loss of $32.88M a year earlier. Gross margin was 76.3% and operating margin 8.3%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $82.54M, up 20.6% from the same quarter a year earlier.

MNTN Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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MNTN, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	290.09	225.57	176.30	134.19	99.31	52.12
Cost of Revenue	68.78	64.05	52.89	61.77	33.33	19.90
Gross Profit	221.31	161.52	123.41	72.42	65.97	32.22
Operating Expenses
Research & Development	49.24	32.66	27.87	15.97	5.72	3.41
Selling, General & Administrative	148.03	127.87	128.26	137.06	71.00	23.56
Operating Expenses	197.27	163.17	169.52	167.65	77.05	27.03
Operating Income	24.04	-1.65	-46.11	-95.24	-11.07	5.20
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	3.49	6.92	10.08	-1.45	0.56	2.06
Other Income/Expense	-40.04	-25.45	-6.59	0.77	-7.67	-1.32
Income
Income Before Tax	-16.00	-27.09	-52.70	-94.47	-18.74	3.87
Income Tax Expense	-9.57	5.79	0.58	0.00	-6.57	0.19
Net Income	-6.43	-32.88	-53.28	-94.47	-12.17	3.69
Net Income - Continuous Operations	-6.43	-32.88	-53.28	-94.47	-12.17	3.69
Net Income - Discontinued Operations	-	-	-	-	-	-
EBITDA	-2.65	-11.83	-25.28	-80.50	-15.18	5.46
EBIT	24.04	-1.65	-46.11	-94.35	-11.07	-
Depreciation & Amortization	9.87	8.35	17.35	13.84	3.00	0.20
Earnings Per Share
Basic EPS	-	-	-1.00	-7.00	-	-
Diluted EPS	-	-	-1.00	-7.00	-	-
Basic Shares Outstanding	73.87	76.96	76.96	12.99	76.96	76.96
Diluted Shares Outstanding	79.31	76.96	76.96	12.99	76.96	76.96

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About MNTN Financial Statements

What was MNTN's revenue in fiscal 2025?

MNTN reported revenue of $290.09M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 28.6% from $225.57M a year earlier.

Is MNTN profitable?

No. MNTN reported a net loss of $6.43M in fiscal 2025. In fiscal 2024 it lost $32.88M.

What is MNTN's operating margin?

MNTN's operating income was $24.04M on revenue of $290.09M in fiscal 2025, an operating margin of 8.3%, compared with -0.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition