The financials
Versant Media Group, Inc. by the numbers
Versant Media Group, Inc. (VSNT) reported revenue of $1.64B in Q2 2026 (quarter ended June 30, 2026), down 3.6% from the same quarter a year earlier. That came with a gross margin of 60% and net income of $211M (13% of revenue). For the full year FY2025, revenue was $6.69B (−5.3% year on year) and net income $930M. Its largest product in 2026-Q1 was Linear Distribution at $1.01B, 60% of the disclosed total, just ahead of Advertising at 22%.
| Income statement | Q2 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.64B | $1.71B | −3.6% |
| Gross profit | $994M | $1.05B | −5.5% |
| Operating income | $367M | $499M | −26% |
| Net income | $211M | $367M | −43% |
| Diluted EPS | $1.49 | $2.55 | −42% |
| Product | Revenue | Share |
|---|---|---|
| Linear Distribution | $1.01B | 60% |
| Advertising | $368M | 22% |
| Platforms | $192M | 11% |
| Content Licensing And Other | $121M | 7.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.69B (-1.1%)
Segment Latestquarter on quarteryear on year
- Linear Distribution$1.01B$1.01BQoQ -7.3%year on year -7.3%-7.3%-7.3%
- Advertising$368.0M$368.0MQoQ -5.2%year on year -5.2%-5.2%-5.2%
- Platforms$192.0M$192.0MQoQ +9.1%year on year +9.1%+9.1%+9.1%
- Content Licensing And Other$121.0M$121.0MQoQ +112%year on year +112%+112%+112%
Entertainment
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