Gaia (GAIA) Q2 FY26 earnings call

Gaia's Q2 FY26 results reflect a deliberate strategic shift prioritizing direct, higher-value members over near-term revenue growth, leading to a 5% revenue decline. The company is actively managing marketing costs, implementing significant cost reductions, and leveraging AI to enhance member engagement and retention. While Q3 is expected to remain challenging, the focus is on achieving positive free cash flow by Q4, driven by improved churn and ARPU.