DLPN Nasdaq Services-Personal Services Financials FY2016βFY2025
Dolphin Entertainment, Inc. had $56.7M of revenue in fiscal 2025, up 9.7% on the year before. Over five years, revenue changed +18.7% a year on average.
Last close Β· Oct 23, 2026
$1.02
5.7%Hi! I read Dolphin Entertainment, Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+9.7%
Yes. Sales grew 9.7% last year.
Does it make a profit?
β5.4%
No. It lost money last year.
Does profit turn into cash?
β3.6%
No. It spent more cash than it brought in.
Is debt under control?
7.6x
Heavy. Repaying its debt would take 7.6 years of operating profit.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· Dolphin Entertainment, Inc. had $56.7M of revenue in fiscal 2025, up 9.7% on the year before. Over five years, revenue changed +18.7% a year on average. Its operating margin was β0.1%, up 20.2Β pts: of every 100 in sales, about β0 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Dolphin Entertainment, Inc. lost $3.1M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$2.0M in fiscal 2025, β3.6% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders bought $0.2M of shares on the open market and sold none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.2M
1 insider
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Oct 12, 2026 | William O'Dowd IVChief Executive Officer, Director, 10% owner | Bought plan | 4,700 | $1.02 | $0.0M | Form 4 |
| Oct 5, 2026 | William O'Dowd IVChief Executive Officer, Director, 10% owner | Bought plan | 4,500 | $1.08 | $0.0M | Form 4 |
| Sep 28, 2026 | William O'Dowd IVChief Executive Officer, Director, 10% owner | Bought plan | 4,400 | $1.11 | $0.0M | Form 4 |
| Sep 21, 2026 | William O'Dowd IVChief Executive Officer, Director, 10% owner | Bought plan | 4,300 | $1.13 | $0.0M | Form 4 |
| Sep 16, 2026 | William O'Dowd IVChief Executive Officer, Director, 10% owner | Bought | 4,452 | $1.54 | $0.0M | Form 4 |
| Sep 14, 2026 | William O'Dowd IVChief Executive Officer, Director, 10% owner | Bought plan | 4,300 | $1.12 | $0.0M | Form 4 |
| Sep 8, 2026 | William O'Dowd IVChief Executive Officer, Director, 10% owner | Bought plan | 4,100 | $1.19 | $0.0M | Form 4 |
| Aug 31, 2026 | William O'Dowd IVChief Executive Officer, Director, 10% owner | Bought plan | 4,100 | $1.15 | $0.0M | Form 4 |
| Aug 24, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,100 | $1.14 | $0.0M | Form 4 |
| Aug 17, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,100 | $1.20 | $0.0M | Form 4 |
| Aug 10, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,400 | $1.10 | $0.0M | Form 4 |
| Aug 3, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,600 | $1.07 | $0.0M | Form 4 |
| Jul 27, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,400 | $1.11 | $0.0M | Form 4 |
| Jul 20, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,400 | $1.12 | $0.0M | Form 4 |
| Jul 13, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,450 | $1.11 | $0.0M | Form 4 |
| Jul 6, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,300 | $1.16 | $0.0M | Form 4 |
| Jun 29, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,200 | $1.18 | $0.0M | Form 4 |
| Jun 22, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,100 | $1.19 | $0.0M | Form 4 |
| Jun 15, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,000 | $1.21 | $0.0M | Form 4 |
| Jun 8, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,100 | $1.17 | $0.0M | Form 4 |
| Jun 1, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,900 | $1.25 | $0.0M | Form 4 |
| May 26, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,800 | $1.28 | $0.0M | Form 4 |
| May 18, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 4,100 | $1.18 | $0.0M | Form 4 |
| May 11, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,400 | $1.46 | $0.0M | Form 4 |
| May 4, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,400 | $1.46 | $0.0M | Form 4 |
| Apr 27, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,400 | $1.46 | $0.0M | Form 4 |
| Apr 20, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,200 | $1.52 | $0.0M | Form 4 |
| Apr 13, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,200 | $1.54 | $0.0M | Form 4 |
| Apr 6, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,150 | $1.57 | $0.0M | Form 4 |
| Mar 30, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,100 | $1.57 | $0.0M | Form 4 |
| Mar 23, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,100 | $1.59 | $0.0M | Form 4 |
| Mar 16, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,100 | $1.59 | $0.0M | Form 4 |
| Mar 9, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 2,900 | $1.67 | $0.0M | Form 4 |
| Mar 2, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,100 | $1.61 | $0.0M | Form 4 |
| Feb 23, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,000 | $1.65 | $0.0M | Form 4 |
| Feb 17, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,300 | $1.47 | $0.0M | Form 4 |
| Feb 9, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,000 | $1.64 | $0.0M | Form 4 |
| Feb 2, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 2,900 | $1.68 | $0.0M | Form 4 |
| Jan 26, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 2,700 | $1.81 | $0.0M | Form 4 |
| Jan 20, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,100 | $1.61 | $0.0M | Form 4 |
| Jan 12, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,000 | $1.66 | $0.0M | Form 4 |
| Jan 5, 2026 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,000 | $1.62 | $0.0M | Form 4 |
| Dec 22, 2025 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,300 | $1.50 | $0.0M | Form 4 |
| Dec 19, 2025 | William O'Dowd IVChief Executive Officer, Director | Bought | 4,452 | $1.54 | $0.0M | Form 4 |
| Dec 15, 2025 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,000 | $1.16 | $0.0M | Form 4 |
| Dec 8, 2025 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,000 | $1.66 | $0.0M | Form 4 |
| Dec 1, 2025 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 2,950 | $1.67 | $0.0M | Form 4 |
| Nov 10, 2025 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,100 | $1.59 | $0.0M | Form 4 |
| Nov 3, 2025 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 2,800 | $1.78 | $0.0M | Form 4 |
| Oct 27, 2025 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,000 | $1.64 | $0.0M | Form 4 |
| Oct 20, 2025 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,300 | $1.48 | $0.0M | Form 4 |
| Oct 13, 2025 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,400 | $1.44 | $0.0M | Form 4 |
| Oct 6, 2025 | William O'Dowd IVChief Executive Officer, Director | Bought plan | 3,214 | $1.55 | $0.0M | Form 4 |
Can it carry its debts, and how well does it use its money?
KIRA Β· Dolphin Entertainment, Inc. owes $17.7M more than it holds in cash, about 7.6 years of operating profit.
Cash, debt and the ratios that show how comfortably Dolphin Entertainment, Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $7.7M | $6.1M | $6.4M | $8.2M | $8.8M |
| Debt incl. finance leases | $6.2M | $16.6M | $20.4M | $24.2M | $26.4M |
| Net debt / EBITDA | β | β | β | β | 7.6x |
| Debt / equity | 0.3x | 0.5x | 1.0x | 2.1x | 2.7x |
| Interest coverage | β7.0x | β5.3x | β9.6x | β5.1x | β0.0x |
| Current ratio | 1.2x | 0.9x | 0.8x | 0.8x | 0.8x |
| Quick ratio | 1.2x | 0.9x | 0.8x | 0.8x | 0.8x |
| Total assets | $52.8M | $75.4M | $66.3M | $58.4M | $58.3M |
| Total liabilities | $29.9M | $41.3M | $46.3M | $46.8M | $48.6M |
| Shareholders' equity | $22.9M | $34.1M | $20.0M | $11.6M | $9.7M |
| Net debt (β = net cash) | β$1.5M | $10.5M | $14.0M | $16.0M | $17.7M |
KIRA Β· Its return on capital was β0.1%: every 100 invested in the business earned about β0 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Dolphin Entertainment, Inc. passes 4 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 8 / 9 | 2 / 9 | 3 / 9 | 4 / 9 | 4 / 9 | 2 / 9 | 4 / 9 | 4 / 9 | 4 / 9 |
| Accruals ratio | β156.5% | β6.1% | β6.4% | 1.4% | β0.9% | β9.7% | β1.2% | β27.4% | β20.0% | β1.8% |
| Altman Z'' | β46.54 | β11.07 | β10.48 | β10.18 | β6.06 | β5.93 | β4.39 | β8.83 | β9.82 | β8.65 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $9.4M | $22.4M | $22.6M | $25.0M | $24.1M | $35.7M | $40.5M | $43.1M | $51.7M | $56.7M |
| Gross profit | β$1.3M | $17.8M | $3.0M | $3.0M | $3.0M | $3.0M | $0.0M | $3.0M | $3.0M | $3.0M |
| Operating income | β$17.7M | β$1.0M | β$4.1M | β$4.1M | β$2.6M | β$5.5M | β$4.6M | β$20.1M | β$10.5M | β$0.0M |
| Interest expense | $4.7M | $1.6M | $1.1M | $2.5M | $2.1M | $0.8M | $0.9M | $2.1M | $2.1M | $2.2M |
| Pretax income | β$37.2M | $7.3M | β$4.0M | β$2.7M | β$2.1M | β$6.5M | β$4.5M | β$22.2M | β$12.5M | β$3.0M |
| Income tax | $0.0M | $0.3M | β$1.1M | β$0.4M | β$0.1M | $0.0M | $0.2M | $0.1M | $0.1M | $0.1M |
| Net income | β$37.2M | $6.9M | β$2.9M | β$2.3M | β$1.9M | β$6.5M | β$4.8M | β$24.4M | β$12.6M | β$3.1M |
| Net income to common | β$42.4M | $6.9M | β$3.1M | β$2.6M | β$1.9M | β$6.5M | β$4.8M | β$24.4M | β$12.6M | β$3.1M |
| Diluted EPS | β$9.66 | β$0.20 | β$0.23 | β$1.20 | β$0.58 | β$0.85 | β$0.56 | β$3.39 | β$1.22 | β$0.27 |
| Diluted shares | 0.00B | 0.01B | 0.02B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B |
| Cash flow | ||||||||||
| Cash from operations | β$15.0M | $8.4M | β$0.6M | β$2.9M | β$1.5M | β$1.3M | β$4.0M | β$5.0M | β$0.2M | β$2.0M |
| Capital expenditure | $0.0M | $0.2M | $0.1M | $0.1M | $0.1M | β | $0.1M | $0.0M | $0.0M | $0.0M |
| Free cash flow | β$15.0M | $8.1M | β$0.7M | β$3.0M | β$1.6M | β | β$4.1M | β$5.0M | β$0.2M | β$2.0M |
| Depreciation and amortization | $0.0M | $1.3M | $2.0M | $1.9M | $2.0M | $1.9M | $1.8M | $2.3M | $2.4M | $2.4M |
| Stock-based compensation | β | $0.3M | $0.0M | β | β | β | $0.2M | $0.4M | $0.4M | $0.0M |
| Acquisitions | β | β$0.0M | $0.0M | $0.4M | β | β | β | β | β | β |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.7M | $5.3M | $5.5M | $2.2M | $7.9M | $7.7M | $6.1M | $6.4M | $8.2M | $8.8M |
| Total debt | $18.7M | $4.0M | $4.0M | $3.3M | $9.4M | $6.2M | $16.6M | $20.3M | $24.1M | $26.3M |
| Finance lease liabilities | β | β | β | β | β | β | β | $0.1M | $0.1M | $0.1M |
| Current assets | $8.2M | $9.4M | $10.1M | $6.9M | $13.9M | $18.3M | $23.9M | $20.7M | $20.1M | $24.0M |
| Current liabilities | $39.7M | $20.1M | $21.9M | $22.4M | $16.9M | $15.0M | $25.3M | $27.5M | $26.5M | $28.5M |
| Property and equipment, net | $0.0M | $1.1M | $1.2M | $1.0M | $0.8M | $0.5M | $0.3M | $0.2M | $0.1M | $0.1M |
| Goodwill | $0.0M | $12.8M | $15.9M | $17.9M | $19.6M | $20.0M | $29.3M | $25.2M | $21.5M | $21.5M |
| Intangible assets | $0.0M | $8.5M | $9.4M | $8.4M | $7.5M | $6.1M | $9.9M | $11.2M | $10.2M | $7.9M |
| Total assets | $14.2M | $33.6M | $38.0M | $42.6M | $52.7M | $52.8M | $75.4M | $66.3M | $58.4M | $58.3M |
| Total liabilities | $46.1M | $27.5M | $27.2M | $33.0M | $29.7M | $29.9M | $41.3M | $46.3M | $46.8M | $48.6M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | β$31.9M | $6.1M | $10.8M | $9.6M | $19.7M | $22.9M | $34.1M | $20.0M | $11.6M | $9.7M |
| Margins | ||||||||||
| Gross margin | β13.5% | 79.3% | 13.3% | 12.0% | 12.5% | 8.4% | 0.0% | 7.0% | 5.8% | 5.3% |
| Operating margin | β188.4% | β4.3% | β18.4% | β16.3% | β10.9% | β15.4% | β11.3% | β46.6% | β20.3% | β0.1% |
| EBITDA margin | β188.2% | 1.3% | β9.6% | β8.6% | β2.4% | β10.1% | β7.0% | β41.4% | β15.7% | 4.1% |
| Net margin | β395.8% | 30.8% | β12.9% | β9.3% | β8.1% | β18.1% | β11.8% | β56.6% | β24.4% | β5.4% |
| FCF margin | β159.4% | 36.3% | β3.2% | β12.0% | β6.6% | β | β10.1% | β11.7% | β0.3% | β3.6% |
| Returns | ||||||||||
| Return on capital | β | β19.3% | β35.4% | β30.2% | β9.8% | β20.3% | β8.1% | β47.0% | β30.1% | β0.1% |
| Return on capital employed | 69.5% | β7.2% | β25.8% | β20.3% | β7.3% | β14.5% | β9.1% | β51.8% | β32.8% | β0.1% |
| Return on equity | β | β | β34.6% | β22.9% | β13.3% | β30.3% | β16.8% | β90.3% | β79.8% | β29.0% |
| Return on assets | β262.0% | 28.9% | β8.1% | β5.8% | β4.1% | β12.2% | β7.5% | β34.5% | β20.2% | β5.3% |
| Growth | ||||||||||
| Revenue growth | β | 138.5% | 0.6% | 10.9% | β3.8% | 48.5% | 13.4% | 6.5% | 19.9% | 9.7% |
| Net income growth | β | β | β142.1% | β | β | β | β | β | β | β |
| FCF growth | β | β | β108.8% | β | β | β | β | β | β | β |
| Share count change | β | 141.7% | 52.3% | β73.5% | 49.0% | 19.3% | 30.4% | β27.4% | 43.0% | 12.1% |
| Financial health | ||||||||||
| Net debt / EBITDA | β | β4.5x | β | β | β | β | β | β | β | 7.6x |
| Debt / equity | β | 0.7x | 0.4x | 0.3x | 0.5x | 0.3x | 0.5x | 1.0x | 2.1x | 2.7x |
| Interest coverage | β3.8x | β0.6x | β3.9x | β1.6x | β1.2x | β7.0x | β5.3x | β9.6x | β5.1x | β0.0x |
| Current ratio | 0.2x | 0.5x | 0.5x | 0.3x | 0.8x | 1.2x | 0.9x | 0.8x | 0.8x | 0.8x |
| Quick ratio | 0.2x | 0.5x | 0.5x | 0.3x | 0.8x | 1.2x | 0.9x | 0.8x | 0.8x | 0.8x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.0% | 1.0% | 0.4% | 0.4% | 0.3% | β | 0.2% | 0.1% | 0.0% | 0.0% |
| Stock comp / revenue | β | 1.5% | 0.1% | β | β | β | 0.5% | 0.8% | 0.7% | 0.0% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 8.0 | 2.0 | 3.0 | 4.0 | 4.0 | 2.0 | 4.0 | 4.0 | 4.0 |
| Altman Z'' | β46.5 | β11.1 | β10.5 | β10.2 | β6.1 | β5.9 | β4.4 | β8.8 | β9.8 | β8.7 |
| Accruals ratio | β156.5% | β6.1% | β6.4% | 1.4% | β0.9% | β9.7% | β1.2% | β27.4% | β20.0% | β1.8% |
Source: SEC EDGAR XBRL filings (CIK 0001282224). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
