Gaia (GAIA) Q3 2026 Earnings Call Transcript

Gaia reported Q3 2026 results showing a 12% revenue decline to $22 million as the company executes a strategic reset prioritizing high-value direct subscribers over volume. Despite lower revenue, the company improved member churn by over 20%, increased ARPU by 8%, and identified $6 million in annualized cost savings. Management expects to return to positive free cash flow in Q4 and is investing in AI-driven content production and new features like community discussions.