
Gaia, Inc. reported a 2% revenue increase to $24.3 million in Q1 2026, driven by higher average revenue per user (ARPU) despite eliminating discounts. The company is shifting focus from third-party platforms to direct member relationships to improve retention, ARPU, and long-term profitability, targeting a 20% churn reduction and 20-25% ARPU increase by Q4 2026. Gaia maintained strong cash flow with $1.1 million free cash flow and a stable cash balance of $13.1 million. Investments in content, AI, and community features aim to create a more engaging platform for sustainable growth.