Versant Media Group Financial Statements
NASDAQ: VSNTIndustrialsBroadcastingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Versant Media Group revenue and earnings
In fiscal 2025, Versant Media Group generated $6.69 billion in revenue, down 5.3% from fiscal 2024, its first annual decline since 2024. Net income was $930.0 million (-31.8% year over year), for a net margin of 13.9% versus a median of 20.0% in the prior 2 years. Gross margin was 56.1% (down from 56.6%) and operating margin 19.0%.
Over the last 2 fiscal years, VSNT's revenue has grown at a -5.2% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
Versant Media Group income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 |
|---|---|---|---|
| Revenue | 6.69B | 7.06B | 7.45B |
| Revenue growth (YoY) | -5.30% | -5.14% | — |
| Cost of Revenue | 2.94B | 3.06B | 3.15B |
| Gross Profit | 3.75B | 4.00B | 4.29B |
| Operating Expenses | 2.48B | 2.16B | 2.22B |
| Selling, General & Admin | 1.47B | 1.17B | 1.23B |
| Operating Income | 1.27B | 1.84B | 2.07B |
| Interest Expense | 13.00M | 0 | 0 |
| Other Income (Expense) | -31.00M | 1.00M | 0 |
| Pretax Income | 1.23B | 1.84B | 2.07B |
| Income Tax | 297.00M | 478.00M | 530.00M |
| Net Income | 930.00M | 1.36B | 1.54B |
| Net Income growth (YoY) | -31.77% | -11.44% | — |
| EBITDA | 1.34B | 1.90B | 2.14B |
| Gross Margin | 56.09% | 56.61% | 57.64% |
| Operating Margin | 19.02% | 26.07% | 27.79% |
| Net Margin | 13.91% | 19.30% | 20.67% |
This table shows 3 annual periods of Versant Media Group's income statement, from FY 2025 back to FY 2023, across 15 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow VSNT's reporting calendar. What is a income statement?