Dolphin Entertainment, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 10, 2026, reporting a return to quarterly net income after a net loss in the prior-year period.

Key Highlights

  • Quarterly net income of $230,277 for the three months ended September 30, 2026, compared to a net loss of $365,494 in the same period of 2025, according to the filing.
  • Quarterly revenues of $16,020,848 for Q3 2026, up from $14,796,309 in Q3 2025, as reported in the condensed consolidated statements of operations.
  • Nine-month net loss of $4,067,298 for the period ended September 30, 2026, compared to a net loss of $4,108,474 for the same period in 2025.
  • Accumulated deficit of $153,370,495 as of September 30, 2026, versus $149,303,197 as of December 31, 2025.
  • Total assets of $57,011,196 as of September 30, 2026, down from $58,330,160 at December 31, 2025.
  • Shares outstanding of 13,033,831 as of November 6, 2026, up from 12,221,432 at December 31, 2025.

Dolphin Entertainment's Q3 2026 Financial Results and Balance Sheet Position

Dolphin Entertainment, Inc. (NASDAQ:DLPN), a Florida-based company, disclosed its unaudited condensed consolidated financial results for the three and nine months ended September 30, 2026. For the third quarter, the company reported revenues of $16,020,848, an increase from $14,796,309 in the comparable prior-year quarter. Total expenses for Q3 2026 were $15,197,300, compared with $14,488,013 in Q3 2025, resulting in income from operations of $823,548 versus $308,296 in Q3 2025, according to the filing.

After accounting for other expenses, net of $599,587 in Q3 2026, the company reported net income of $230,277, or $0.02 per basic and diluted share, for the three months ended September 30, 2026. For the nine-month period, the filing disclosed a net loss of $4,067,298, or $0.32 per basic and diluted share. Nine-month revenues were $43,267,935, compared to $41,053,549 in the first nine months of 2025. Total nine-month expenses were $45,611,880, versus $42,575,833 in the prior-year period. Net cash used in operating activities for the nine months ended September 30, 2026 was $1,593,770, compared to $2,604,183 for the same period in 2025.

As of September 30, 2026, total stockholders' equity stood at $6,462,294, down from $9,690,425 at December 31, 2025. The balance sheet reflected goodwill of $21,507,944 unchanged from year-end, and total liabilities of $50,548,902, up from $48,639,735 at December 31, 2025. Cash and cash equivalents were $8,140,757, compared to $8,756,585 at December 31, 2025. The company also reported convertible notes payable (noncurrent) of $7,950,000 as of September 30, 2026, versus $6,460,000 at year-end 2025.

What Was Disclosed

Dolphin Entertainment filed a Form 10-Q for Q3 2026 disclosing quarterly net income of $230,277, nine-month revenues of $43,267,935, total assets of $57,011,196, and an accumulated deficit of $153,370,495 as of September 30, 2026.