Alliance Entertainment Holding Corporation reported fiscal 2026 net revenue of $1.15 billion, up 8%, with gross margin expanding 80 basis points to 13.3% from 12.5%, and said its new WebAMI platform is scheduled to launch in the first quarter of 2027. CEO Jeffrey Walker said fiscal 2026 was "a year of acceleration," with adjusted EBITDA of $41.5 million and fourth-quarter revenue up 18% year-over-year to $268.1 million. CFO Amanda Gnecco reported gross profit of $152.3 million, GAAP operating income of $27.2 million and net income of $13.1 million, while adjusted net income rose 24% to $23.4 million and adjusted diluted earnings per share rose 24% to $0.46. Interest expense declined 28% to $7.6 million as the average effective interest rate improved to 6.1% from 9.2%, and $74.3 million was outstanding under the company's $120 million revolving credit facility, leaving $45.7 million of availability. Fiscal 2026 also included a $7.8 million non-cash write-off of a historical vendor rebate receivable associated with Tastemakers following the counterparty's cessation of operations, and Gnecco said fiscal 2027 priorities include converting a greater share of earnings into operating cash flow by moderating working capital growth, improving inventory productivity and strengthening receivable collections.
Alliance Entertainment Holding Corporation Class A Common StockFiscal 2026 revenue rose 8% to $1.15B with gross margin expanding to 13.3%, adjusted EBITDA of $41.5M, and adjusted EPS up 24% to $0.46.
