Every material Form 8-K GAIA, INC has filed with the SEC since May 04, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Gaia reported third-quarter 2026 results on November 2, 2026, with revenue down 12% from a year earlier as the company reduced acquisition of lower-ARPU members and focused on direct subscribers. The net loss attributable to common shareholders widened to $3.0 million, or $0.12 per share, from $1.2 million, or $0.05 per share, a year earlier, so shareholders face a larger loss on a smaller revenue base.
Revenue fell to $22.0 million from $25.0 million in the third quarter of 2025.
Net loss attributable to common shareholders was $3.0 million, or $0.12 per share, versus $1.2 million, or $0.05 per share, a year earlier.
Gross margin was 85.2%, compared with 86.4% a year ago.
Cash was $7.1 million as of September 30, 2026; management expects to return to positive free cash flow in the fourth quarter.
Gaia reported second quarter 2026 revenue of $23.3 million, down 5% from $24.6 million a year earlier, and a net loss of $3.0 million, or $0.12 per share, compared with a loss of $1.8 million, or $0.07 per share, in the second quarter of 2025. Operating cash flow was negative $5.4 million, and cash stood at $5.3 million on June 30, 2026, with a fully available $10 million line of credit, which matters to shareholders because both the top line and cash position weakened.
Revenue fell 5% to $23.3 million, which the company attributed to lower revenue from lower quality subscribers and lower ARPU regions, plus its shift in marketing strategy.
Gross margin was 85.3%, down from 86.7% a year earlier.
Operating cash flow was $(5.4) million for the quarter, compared with $2.3 million in the second quarter of 2025; the CFO cited $2.4 million of seasonal annual renewal timing.
Management said it expects to return to positive free cash flow in the fourth quarter.
Gaia reported first quarter 2026 revenue of $24.3 million, up 2% from $23.8 million, while gross profit was flat at $20.9 million and the net loss widened to $1.3 million, or $(0.05) per share, from $1.0 million, or $(0.04) per share. Management said it is reducing reliance on lower-value third-party acquisition and tighter discounting, which it expects to moderate near-term revenue growth, and it is targeting a 20% reduction in churn and a 20-25% increase in ARPU for the fourth quarter of 2026 compared with the fourth quarter of 2025.
Revenue rose 2% to $24.3 million; the increase was primarily driven by increased ARPU, partly offset by the elimination of discounted pricing.
Net loss was $(1.3) million, or $(0.05) per share, versus $(1.0) million, or $(0.04) per share, in Q1 2025.
Operating cash flow was $1.5 million and free cash flow was $1.1 million, the ninth consecutive quarter of positive free cash flow.
For Q4 2026 versus Q4 2025, Gaia is targeting an approximate 20% reduction in churn and a 20-25% increase in ARPU.
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