PodcastOne, Inc. — Cyborg Score 7/10

Strong
Publishing and Media

Strategic Profile

PodcastOne has expanded its Amazon Art19 partnership to a >$20M annual run rate and grown a Fortune 250 partner to a >$27M annual run rate. The company is leveraging content monetization and strategic partnerships with streaming platforms, including selling original IP for television adaptation, to drive revenue growth and margin expansion.

Cyborg Score Rationale

PodcastOne reported record Q3 Fiscal 2026 revenue of $15.9M (+25% YoY) and Adjusted EBITDA of $2.8M (up 516% YoY), demonstrating strong momentum. The company is actively scaling its network, monetizing content, and expanding into emerging revenue streams like AI-driven discovery partnerships.

Top Insights

  • Record financial performance: FY2026 guidance raised to $60-$62M revenue with $5.5-$6.5M Adjusted EBITDA, up from prior $58-60M guidance
  • Diversified revenue engines: Fortune 250 streaming partner >$27M annual run rate, Amazon Art19 partnership >$20M annual run rate, plus original IP monetization
  • Network expansion: 6 podcasts added YTD 2026, bringing total network to 208 shows; 25 podcasts added in FY2026
  • Cash position strengthened: 217% YoY increase to $3.4M; preliminary FY2027 guidance of $68-75M revenue and $6-10M Adjusted EBITDA

Named Competitors

  • Spotify Studios — Streaming platform with original podcast production
  • Apple Podcasts — Podcast hosting and distribution platform
  • iHeartMedia — Audio media and podcast network
  • Anchor — Podcast hosting and monetization platform

Recent Developments

  • (February 2026) Raised full-year FY2026 guidance to $60-62M revenue following sale of original IP to streaming partner
  • (February 2026) Reported record Q3 FY2026 results with $15.9M revenue (+25% YoY) and $2.8M Adjusted EBITDA (+516% YoY)
  • (February 2026) Signed multi-year partnership with Gotavi to deploy AI-driven Interactor and Pulse technologies
  • (March 2026) Acquired four podcasts (No Filter, Wellness Cafe, Daddy Issues, Michelle Collins) in multi-year deals

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