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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dolphin Entertainment's retained earnings for the quarter that ended in Mar. 2026 was $-152.00 Mil.
Dolphin Entertainment's quarterly retained earnings
increased
from Sep. 2025 ($-150.32 Mil) to Dec. 2025 ($-149.30 Mil) but then
declined
from Dec. 2025 ($-149.30 Mil) to Mar. 2026 ($-152.00 Mil).
Dolphin Entertainment's annual retained earnings
declined
from Dec. 2023 ($-133.61 Mil) to Dec. 2024 ($-146.21 Mil) and
declined
from Dec. 2024 ($-146.21 Mil) to Dec. 2025 ($-149.30 Mil).
Dolphin Entertainment (NAS:DLPN) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Dolphin Entertainment Retained Earnings Historical Data
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The historical data trend for Dolphin Entertainment's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dolphin Entertainment Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of $-152.00 Mil mean?
Dolphin Entertainment (DLPN) has a Retained Earnings of $-152.00 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Dolphin Entertainment and its competitors.
Is Dolphin Entertainment's Retained Earnings too high?
Dolphin Entertainment's current Retained Earnings is $-152.00 Mil. Overall, Dolphin Entertainment has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Entertainment's Retained Earnings compare to STFS and XONI?
Dolphin Entertainment's Retained Earnings of $-152.00 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Media - Diversified company?
A good Retained Earnings depends on the Media - Diversified industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Dolphin Entertainment and its competitors. Dolphin Entertainment's current Retained Earnings is $-152.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Entertainment (DLPN) is currently considered Possible Value Trap. The stock's GF Value™ is $1.52, compared to a current price of $1.06 — trading 30.3% below its estimated fair value. The current Retained Earnings is $-152.00 Mil. Dolphin Entertainment's overall GF Score™ is 46/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Dolphin Entertainment (DLPN), the current Retained Earnings is $-152.00 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dolphin Entertainment (DLPN) Overvalued in 2026?
Based on GuruFocus' analysis, Dolphin Entertainment stock appears to be undervalued.
The current stock price of $1.06 is trading 30.3% below its estimated GF Value™ of $1.52.
GuruFocus considers Dolphin Entertainment to be Possible Value Trap.
Key valuation signals for DLPN:
Retained Earnings: $-152.00 Mil
GF Value™: $1.52 vs. price of $1.06 (30.3% below fair value)
No single metric tells the full story. See the DLPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dolphin Entertainment Inc is an independent entertainment marketing and production company. It provides strategic marketing and publicity services to many of the top brands, both individual and corporate, in the motion picture, television, music, gaming, culinary, hospitality, and lifestyle industries. It operates in two reportable segments: Entertainment publicity and marketing, and Content production. It generates the majority of its revenue from the Entertainment publicity and marketing segment which provides clients with diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic marketing consulting, and content production of marketing materials. The company operates within the U.S.
46GF Score
Get the complete analysis for DLPN
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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