Stingray is an industry leader in music and video content distribution, business services, and advertising solutions.

We deliver the best audio and video experiences to consumers, businesses, retailers, and advertisers alike, ensuring that we contribute to the success of partners and clients.



Company milestones and achievements

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400M
viewers and listeners across all services
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788K
SVOD subscribers around the world
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2.5M
cars with our entertainment content on board
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140K
commercial locations across 13K clients
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97
radio stations with 7.4M weekly listeners
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160
countries across
six continents

Latest quarterly results

Q3 2026 Quarter ended December 31, 2025 Q2 2026 Quarter ended September 30, 2025 Q1 2026 Quarter ended June 30, 2025 Q4 2025 Quarter ended March 31, 2025
Q3 2026 Quarter ended December 31, 2025

Highlights for the quarter

Full press release and highlights Quaterly report

Stingray Delivers Strong Q3 Results; TuneIn Acquisition Enhances Synergy Outlook and Drives Automotive Expansion.

  • Organic growth increased 8.5% year-over-year in Broadcast and Recurring Commercial Music Revenues;
  • Revenues grew 15.4% to $124.8 million in the third quarter of 2026 from $108.2 million in the third quarter of 2025;
  • Adjusted EBITDA(1) improved 5.7% to $44.5 million in the third quarter of 2026 from $42.1 million in the same period of 2025. Adjusted EBITDA by segment was $33.0 million or 37.5% of revenues for Broadcasting and
  • Commercial Music, $13.2 million or 36.0% of revenues for Radio, and $(1.7) million for Corporate;
  • Net income totaled $7.5 million, or $0.11 per diluted share(1), in the third quarter of 2026 compared to $15.7 million, or $0.23 per diluted share(1), in the third quarter of 2025;
  • Adjusted Net income(1) amounted to $26.3 million, or $0.38 per diluted share(1), in the third quarter of 2026 compared to $23.4 million, or $0.34 per diluted share(1), in the same period of 2025;
  • Cash flow from operating activities rose 7.4% to $38.0 million, or $0.55 per diluted share(1), in the third quarter of 2026 from $35.4 million, or $0.51 per diluted share(1), in the third quarter of 2025;
  • Adjusted free cash flow(1) increased 21.5% to $34.8 million, or $0.50 per diluted share(1), in the third quarter of 2026 from $28.6 million, or $0.42 per diluted share(1), in the same period of 2025;
  • Net debt to Pro Forma Adjusted EBITDA(1) ratio improved to 2.49x at the end of the third quarter of 2026 from 2.54x at the end of the third quarter of 2025;
  • Repurchased and cancelled 303,700 shares for a total of $3.8 million in the third quarter of 2026; and
  • TuneIn synergies reached an annualized run rate of US$16.0 million in revenues and US$5.0 million in cost savings.
Q2 2026 Quarter ended September 30, 2025

Highlights for the quarter

Full press release and highlights Quarterly report

Transformative TuneIn acquisition and strategic DMI deal to accelerate top growth vectors 

  • Organic growth increased 16.7% year-over-year in Broadcast and Recurring Commercial Music Revenues;
  • Revenues grew 21.0% to $113.3 million in the second quarter of 2026 from $93.6 million in the second quarter of 2025;
  • Adjusted EBITDA improved 16.3% to $39.5 million in the second quarter of 2026 from $34.0 million in the same period in 2025. Adjusted EBITDA by segment was $31.2 million or 38.5% of revenues for Broadcasting and Commercial Music, $10.2 million or 31.5% of revenues for Radio, and $(1.9) million for Corporate;
  • Net income rose 102.5% to $11.8 million, or $0.17 per diluted share, in the second quarter of 2026 from $5.8 million, or $0.08 per diluted share, in the second quarter of 2025;
  • Adjusted Net income increased 30.8% to $21.9 million, or $0.32 per diluted share, in the second quarter of 2026 from $16.7 million, or $0.24 per diluted share, in the same period of 2025;
  • Cash flow from operating activities grew to $24.3 million, or $0.35 per diluted share, in the second quarter of 2026 compared to $19.2 million, or $0.28 per diluted share, in the second quarter of 2025;
  • Adjusted free cash flow improved to $28.4 million, or $0.41 per diluted share, in the second quarter of 2026 compared to $21.1 million, or $0.31 per diluted share, in the same period of 2025;
  • Net debt to Pro Forma Adjusted EBITDA ratio decreased to 2.13x at the end of the second quarter of 2026 from 2.72x at the end of the second quarter of 2025;
  • Repurchased and cancelled 311,500 shares for a total of $3.1 million in the second quarter of 2026;
  • Quarterly dividend increased 13.33% to $0.085 per share; and
  • On November 10, 2025, the Corporation secured an additional US$150 million term loan under its existing credit facility to finance the acquisition of TuneIn Holdings, Inc., and extended the facility’s maturity date by one year to November 2029.
Q1 2026 Quarter ended June 30, 2025

Highlights for the quarter

Full press release and highlights Quarterly report Sustainability

Ongoing momentum in FAST channel sales drives revenue growth and profitability

  • Organic growth of 12.5% year-over-year in Broadcast and Recurring Commercial Music Revenues.
  • Revenues increased 7.4% to $95.6 million in Q1 2026 from $89.1 million in Q1 2025.
  • Adjusted EBITDA(1) rose 8.3% to $33.7 million in Q1 2026 from $31.1 million in Q1 2025.
    • Broadcasting and Commercial Music: $24.4 million or 39.8% of revenues
    • Radio: $11.0 million or 32.3% of revenues
    • Corporate: $(1.8) million
  • Net income increased to $16.8 million, or $0.24 per share, in Q1 2026 compared to $7.3 million, or $0.11 per share, in Q1 2025.
  • Adjusted Net Income(1) grew 53.0% to $21.3 million, or $0.31 per share, in Q1 2026 from $13.9 million, or $0.20 per share, in Q1 2025.
  • Cash flow from operating activities reached $19.0 million, or $0.28 per share, in Q1 2026 compared to $10.8 million, or $0.16 per share, in Q1 2025.
  • Adjusted Free Cash Flow(1) improved to $18.8 million, or $0.27 per share, in Q1 2026 from $15.5 million, or $0.22 per share, in Q1 2025.
  • Net debt to Pro Forma Adjusted EBITDA(1) ratio decreased to 2.24x at the end of Q1 2026 compared to 2.77x at the end of Q1 2025.
  • Repurchased and cancelled 342,000 shares for a total of $3.1 million in Q1 2026.
Q4 2025 Quarter ended March 31, 2025

Highlights for the quarter

Full press release and highlights Annual report
Sustained Momentum with a Third Year of Diversified Growth and Solid Financial Strength

Fourth Quarter Highlights

  • Organic growth of 16.1% year-over-year in Broadcast and Recurring Commercial Music Revenues;
  • Revenues increased 14.8% to $96.0 million in the fourth quarter of 2025 from $83.7 million in the fourth quarter of 2024;
  • Net income totaled $7.7 million, or $0.11 per share, in the fourth quarter of 2025 compared to a Net loss of $46.3 million, or $0.67 per share, in the same period in 2024;
  • Adjusted EBITDA(1) grew 19.0% to $35.0 million in the fourth quarter of 2025 from $29.4 million in the fourth quarter of 2024. Adjusted EBITDA(1) by segment was $28.1 million, or 43.6% of revenues for Broadcasting and Commercial Music, $8.6 million or 27.3% of revenues for Radio, and $(1.7) million for Corporate;
  • Adjusted Net income(1) improved to $18.6 million, or $0.27 per share, in the fourth quarter of 2025 from $15.4 million, or $0.22 per share, in the same period in 2024;
  • Cash flow from operating activities decreased 10.3% to $39.7 million, or $0.58 per share(1), in the fourth quarter of 2025 from $44.3 million, or $0.64 per share(1), in the fourth quarter of 2024;
  • Adjusted free cash flow(1) rose 17.8% to $18.4 million, or $0.27 per share, in the fourth quarter of 2025 from $15.6 million, or $0.23 per share, in the same period in 2024;
  • Net debt to Pro Forma Adjusted EBITDA(1) ratio decreased to 2.28x compared to 2.76x last year; and
  • Repurchased and cancelled 275,000 shares for a total of $2.3 million in the fourth quarter of 2025 compared to 57,600 shares for a total of $0.4 million in the same period in 2024.
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Latest press releases

Financial information | 2026-02-10
Stingray Reports Third Quarter Results for Fiscal 2026
Financial information | 2026-02-10
Stingray announces that its shares will trade on the Toronto Stock Exchange under a single ticker
Financial information | 2026-01-13
Stingray to Release its Financial Results for the Third Quarter of Fiscal 2026
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FAQ

General
Q: Where is Stingray's headquarters? A:

Stingray’s headquarters are located in the Old Port of Montreal at 730 Wellington.
Q: How can I submit my music to Stingray? A:

You can send your demo to musicsubmissions@stingray.com.
Q: How can I contact customer service? A:

If you are a consumer, consult the help center to find the right product or solution. If you are a business, visit the Stingray Business website, or if you are using Chatter services, visit Chatter by Stingray .
Investors
Q: What is Stingray's fiscal year? A:

Stingray’s fiscal year starts on April 1 and ends on March 31.
Q: What is Stingray's ticker symbol? A:

Our ticker symbol is RAY.A.
Q: Where can I find corporate governance materials? A:

Visit the corporate governance section of the website for documents related to corporate governance.
Press
Q: How can I get a specific press kit? A:

Visit the media center to learn more about our press information. If you cannot find what you were looking for, contact press@stingray.com.
Q: How can I get notified about the latest press releases? A:

Email us at press@stingray.com to add your info to our notification list.
Q: Where should I go for a press inquiry? A:

Members of the press can contact us at contact press@stingray.com.
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