MNTN, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 |
|---|---|---|---|
| Income Statement | |||
| Revenue | $290.1M | $225.6M | — |
| Cost of revenue | $66.2M | $64.1M | — |
| Gross profit | $223.9M | $161.5M | — |
| Research and development | $49.2M | $32.7M | — |
| Operating expenses | $199.9M | $163.2M | — |
| Operating income | $24.0M | -$1.6M | — |
| Pretax income | -$16.0M | -$27.1M | — |
| Income tax expense | -$9.6M | $5.8M | — |
| Net income | -$6.4M | -$32.9M | — |
| Balance Sheet | |||
| Cash and equivalents | $210.2M | $82.6M | — |
| Current assets | $286.5M | $158.4M | — |
| Total assets | $378.3M | $238.7M | — |
| Current liabilities | $68.5M | $155.2M | — |
| Total liabilities | $72.6M | $177.5M | — |
| Stockholders' equity | $305.7M | -$107.6M | -$105.9M |
| Cash Flow Statement | |||
| Cash from operations | $56.5M | $42.5M | — |
| Depreciation and amortization | $9.9M | $8.3M | — |
| Stock-based compensation | $31.7M | $31.2M | — |
| Share repurchases | $10.0M | $333,000 | — |
Shares outstanding 73.9M · Free float 49.4%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.