MNTN Q2 revenue rises 21% to $82.5 million; net income $6.7 million, $100 million buyback
MNTN reported second quarter 2026 revenue of $82.5 million, up 21% year over year, and net income of $6.7 million, compared with a net loss of $26.2 million a year earlier. The board also authorized a stock repurchase program of up to $100 million, running through August 5, 2027, and the company gave third quarter and full year 2026 outlooks.
Key points
- Q2 2026 Adjusted EBITDA rose 48% to $21.5 million, or 26% of revenue, versus $14.5 million a year earlier.
- Gross margin improved to 80% from 77% in Q2 2025; the company ended the quarter with $237.3 million in cash and no borrowings.
- Q3 2026 outlook: revenue of $86 million to $89 million and Adjusted EBITDA of $22 million to $25 million.
- Full year 2026 outlook: revenue of $347 million to $357 million and Adjusted EBITDA of $96 million to $101 million.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.