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AENT

Alliance Entertainment Holding Corporation

AENT

Alliance Entertainment Holding Corporation • NASDAQ
$6.70 ▲ 1.52% (+0.10)
Market Cap $341.41 M
52w High $11.57
52w Low $2.21
Dividend Yield 0%
P/E 17.18
Volume 60.19K
Outstanding Shares 50.96M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $253.974M ▲ $24.998M ▼ $4.88M ▼ 1.921% ▼ $0.096 ▼ $10.371M ▼
Q4-2025 $227.75M ▲ $26.276M ▲ $5.759M ▲ 2.529% ▲ $0.11 ▲ $12.116M ▲
Q3-2025 $213.045M ▼ $25.532M ▼ $1.851M ▼ 0.869% ▼ $0.036 ▼ $6.557M ▼
Q2-2025 $393.672M ▲ $27.493M ▲ $7.071M ▲ 1.796% ▲ $0.14 ▲ $13.507M ▲
Q1-2025 $228.99M $23.456M $397K 0.173% $0.008 $3.337M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $3.223M ▲ $382.991M ▲ $274.864M ▲ $108.127M ▲
Q4-2025 $1.236M ▼ $361.228M ▲ $258.006M ▲ $103.222M ▲
Q3-2025 $2.03M ▼ $349.396M ▼ $251.994M ▼ $97.402M ▲
Q2-2025 $2.49M ▼ $401.723M ▲ $306.172M ▼ $95.551M ▲
Q1-2025 $4.29M $395.66M $307.634M $88.026M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $1.851M ▼ $2.463M ▼ $-42K ▲ $-2.881M ▲ $-460.001K ▲ $2.421M ▼
Q4-2025 $7.071M ▲ $25.24M ▲ $-7.536M ▼ $-19.504M ▼ $-1.8M ▼ $25.24M ▲
Q3-2025 $1.851M ▲ $2.463M ▼ $-42K ▼ $-2.881M ▲ $-460K ▲ $2.421M ▼
Q2-2025 $-3.377M ▼ $21.395M ▲ $-12K ▼ $-22.396M ▼ $-1.013M ▼ $21.34M ▲
Q1-2025 $397K $-11.622M $-10K $14.793M $3.161M $-11.632M

Five-Year Company Overview

Income Statement

Income Statement Revenue has been gradually shrinking over the past few years, reflecting the broader pressure on physical entertainment media, but the company has managed to stay mostly profitable. After a clear setback with a loss in 2023, earnings have rebounded back into the black, though at lower levels than earlier years. Margins are thin and leave little room for error, but the recent return to profit suggests cost controls and operational improvements are starting to show up in the results. Overall, the income statement tells a story of a mature, pressured business working to stabilize and slowly improve profitability in a challenging industry.

Balance Sheet

Balance Sheet The balance sheet looks lean, with a relatively small equity base and a business that relies heavily on inventory and receivables rather than cash. Debt rose meaningfully a few years ago but has since been brought down, which reduces financial risk but still leaves the company with limited flexibility if conditions worsen. The consistently low reported cash position is a clear watch point, as it implies dependence on credit lines and steady cash collection from customers. In short, the company appears adequately but not comfortably capitalized, and balance sheet strength is not a major safety cushion.

Cash Flow

Cash Flow Cash generation has been uneven, swinging from negative to positive as working capital needs move around, which is common for a large distributor. The good news is that in the most recent years, operating cash flow and free cash flow have been solidly positive, helped by tight control of capital spending. This means the business is currently funding itself from its operations rather than relying heavily on outside financing. The flip side is that cash flows remain sensitive to inventory management, customer payment timing, and overall sales volume, so stability is not guaranteed.

Competitive Edge

Competitive Edge Alliance sits in a niche but important role between content owners and retailers, acting as a key logistics and fulfillment partner. Its scale, broad catalog, and long-standing relationships with major retailers give it a meaningful position that is not easy for smaller players to replicate. Automation and deep integration into customers’ e‑commerce operations, including direct-to-consumer shipping, further strengthen its role in the supply chain. However, the core markets of physical media are slowly shrinking, and the company is exposed to shifts in retailer strategies, vendor relationships, and consumer preference for streaming over discs. Its moat is operational and relationship-based rather than based on unique technology or irreplaceable content.

Innovation and R&D

Innovation and R&D Rather than classic lab-style R&D, Alliance focuses its innovation on logistics technology, proprietary tools, and content partnerships. Investments in automated warehouses and systems like AutoStore and advanced sortation technology are aimed at making fulfillment faster, more accurate, and cheaper, which can protect margins in a low-margin industry. On the product side, proprietary collectible brands and exclusive content and distribution deals give the company offerings that competitors cannot easily copy. The newer focus on digital distribution and premium physical formats adds another layer of differentiation. Overall, innovation is practical and commercially driven, centered on making the existing model more efficient and layered with higher-margin, more unique products.

Summary

Alliance Entertainment is a large, specialized distributor navigating a slowly declining core market by leaning on efficiency, exclusivity, and collectibles. Financially, it has moved from a loss back to modest profitability and healthier cash flow, but with thin margins, a light cash cushion, and only moderate balance sheet strength. Competitively, it benefits from scale, relationships, and automation, which together form a real but not unassailable moat. Its strategy to grow higher-margin categories—like collectibles, exclusive licenses, and proprietary brands—alongside continued warehouse automation and selective digital expansion is central to its future. The key uncertainties are the pace of physical media decline, the durability of exclusive deals, and the company’s ability to maintain operational discipline in a volatile, low-margin environment.

NEWS

November 25, 2025 · 9:15 AM UTC

Alliance Entertainment to Participate in NobleCon21

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November 12, 2025 · 4:01 PM UTC

Alliance Entertainment Reports First Quarter Fiscal Year 2026 Results

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November 6, 2025 · 8:30 AM UTC

Alliance Entertainment to Participate in the 14th Annual ROTH Technology Conference

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October 29, 2025 · 8:30 AM UTC

Alliance Entertainment to Host First Quarter Fiscal Year 2026 Results Conference Call on November 12 at 4:30 p.m. Eastern Time

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October 16, 2025 · 8:30 AM UTC

Alliance Entertainment to Present at the ThinkEquity Investor Conference

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