- Estimated Net Worth: Approximately
- Main Income Source: Touring fees from global DJ sets, music festivals, and residual streaming royalties from hits like "Blackout."
- Financial Hit: Legal battles and SEC charges against member Tommy Cooperman in late 2022 likely impacted their liquid assets and brand value significantly.
- Current Status: Transitioned from an electronic-rock band to a full EDM production duo, though activity has slowed following the legal controversies.
You probably remember them from the neon-soaked Warped Tour days. Or maybe you know them as the guys who dropped that massive track "Blackout" that played at every house party in 2011. Breathe Carolina has had one of the most interesting career trajectories in modern music history. They went from screamo-pop darlings to legitimate main-stage EDM DJs. But with fame comes drama. And for Breathe Carolina, the drama involves federal charges and massive financial questions.
It is 2026. The music landscape has changed. We are looking at where David Schmitt and the team stand today. We are breaking down the Breathe Carolina net worth, their earnings from their biggest hits, and how a massive securities fraud scandal might have drained their bank accounts.
Grab your glow sticks and your calculators. We are diving deep into the finances of this electronic duo.
The Bottom Line: What Is Breathe Carolina Worth in 2026?
Pinning down the exact Breathe Carolina net worth requires looking at two distinct eras of their career. First, you have the band era. This was when they were selling physical albums and merch to emo kids. Second, you have the DJ era. This is where the real money usually lives.
Based on their chart history, touring schedules, and the financial fallout from recent legal issues, we estimate their combined net worth sits between $2 million and $4 million.
This number might feel low for a group with a Platinum record. But you have to consider the split. Money gets divided among band members, managers, labels, and lawyers. And recently, the lawyers have likely been taking a big slice.
Why Isn't It Higher?
Music royalty checks are great. But they shrink over time. "Blackout" was a monster hit. It was certified Platinum. That means it sold over a million units. But that was over a decade ago. In 2026, their wealth comes primarily from:
- DJ Booking Fees: EDMs acts can command $10,000 to $50,000 per show depending on their rank.
- Streaming Residuals: With millions of monthly listeners, the checks still clear every month.
- Production Credits: David Schmitt is a talented producer who works behind the scenes as well.
However, wealth preservation is tough. Especially when the SEC gets involved. We will get to that messy situation in a bit.
The "Blackout" Effect: How One Song Built a Fortune
You cannot talk about Breathe Carolina earnings without talking about "Blackout." This track was the game-changer. Before this song, they were underground heroes. After this song, they were pop stars.
"Blackout" peaked at number 32 on the Billboard Hot 100. It did not just chart in the US. It hit number one on the UK Independent Singles chart. According to official chart records, the single was certified Platinum by the RIAA.
The Economics of a Platinum Hit
What does a Platinum single actually pay? Let us break it down.
- Sales: 1 million units sold.
- Revenue: In the digital download era (iTunes), a song cost $1.29. That is roughly $1.3 million in gross revenue.
- The Artist Cut: A standard record deal might give the artist 15% to 20%. That leaves about $200,000 to $260,000 split between the members.
That does not sound like retirement money. But the real money is not in the sales. It is in the leverage. Having a Platinum record allows you to double your booking fee. Promoters know you have a hit. They pay more to get you on the lineup. "Blackout" kept Breathe Carolina on the road for years. It allowed them to tour heavily and sell merchandise. Merch is where bands make their real cash. T-shirts have a high profit margin.
From Warped Tour to Ultra: The Genre Pivot
Breathe Carolina started as an electronic-rock outfit. They fit right in with bands like 3OH!3 and Cobra Starship. They played the Vans Warped Tour. They screamed. They jumped into crowds. But around 2013, the vibe shifted.
Founding member Kyle Even left the group. This was a major turning point. David Schmitt decided to steer the ship toward pure EDM. This was a smart financial move.
Why DJs Make More Than Bands
If you want to understand electronic duo income, you have to look at overhead costs.
- Bands: You need to pay a drummer, a guitarist, a bass player, a bus driver, and a tech crew. You have to haul amps and drums across the country.
- DJs: You need a USB stick and headphones. Maybe a visual guy.
By pivoting to EDM, Breathe Carolina slashed their touring costs. They could fly to a show in Europe, play for an hour, and fly to Asia the next day. This efficiency maximizes profit.
If you are curious about the technical side of this pivot, you can learn how to make money as a music producer by leveraging the same skills David Schmitt used to transition from rock to dance music.
During this era, they released the EP Sleepless. It debuted at number 4 on the US Dance/Electronic Albums chart. This proved they could survive the genre switch. They were not just a nostalgia act. They were contenders in the dance world.
The DJ Mag Top 100: A Metric for Money
In the world of EDM, the DJ Mag Top 100 list is everything. It is a popularity contest. But it is also a price sheet. The higher you rank, the more you get paid.
Breathe Carolina worked hard to climb this ladder.
- 2017: Ranked #121
- 2018: Ranked #77
- 2019: Ranked #62
Breaking into the Top 100 is a massive deal. It opens doors to festivals like Tomorrowland and EDC. These festivals pay significantly better than club gigs. By 2019, hitting number 62 meant they were in high demand. Their booking agents could demand premium fees. This period likely saw the biggest growth in David Schmitt net worth.
They maintained a spot on the list through 2021 and 2022. Staying relevant in the fast-paced EDM world is hard work. It requires constant output. They released remixes and collaborations to keep their Spotify numbers up. One of their singles from 2015 hit over 5 million streams. This consistent output fueled their income engine.
The 2022 Securities Fraud Scandal: A Net Worth Nightmare
Everything seemed to be going smoothly. Then came December 2022. This is the part of the story that reads like a crime thriller.
Tommy Cooperman, who had become a key member of the group during their EDM era, was arrested. The charges were serious. The US Justice Department and the SEC charged him with securities fraud.
The "Pump and Dump" Scheme
Authorities alleged that Cooperman and others were involved in a scheme to manipulate stock prices. They used social media platforms like Twitter and Discord to hype up certain penny stocks. They would tell their followers to buy, driving the price up. This is the "pump." Then, they would secretly sell their own shares at the inflated price. This is the "dump."
The scheme allegedly generated $114 million in illicit proceeds across the whole group of influencers involved.
According to reports on the controversy, Cooperman was specifically charged with two counts of securities fraud. This kind of legal trouble is a financial disaster.
- Legal Fees: Top-tier defense attorneys cost hundreds of thousands of dollars.
- Asset Seizure: In fraud cases, the government often freezes or seizes assets suspected to be proceeds of crime.
- Brand Damage: Promoters are hesitant to book artists who are under federal indictment.
This situation likely put a massive dent in the Breathe Carolina net worth. Even if David Schmitt was not involved, the brand name suffers. The touring stops. The income stream dries up. Legal battles can drag on for years. By 2026, the group is likely still dealing with the fallout of these charges.
Income Streams Breakdown: Where the Money comes from in 2026
Despite the trouble, the music is still out there. Let us look at where the cash is coming from right now.
1. Music Streaming Royalties
Breathe Carolina has a deep catalog. "Blackout" is a timeless party anthem. "Hit and Run" still gets plays. They have millions of monthly listeners across Spotify, Apple Music, and YouTube.
- Spotify: A song with 100 million streams generates roughly $400,000.
- YouTube: Music videos and user-generated content (like lyric videos) generate ad revenue.
These checks are passive income. They arrive whether the band tours or not. For a legacy act, this is the bread and butter.
2. Music Licensing and Sync Deals
"Blackout" has been used in movies, TV shows, and commercials. Every time the song is used, they get a sync fee. These fees can range from $5,000 for a small show to $50,000 for a major national commercial.
3. Production and Songwriting
David Schmitt is the musical brain. He produces music for Breathe Carolina, but he likely works on other projects too. Producers often get upfront fees plus a percentage of royalties. This is a smart way to build music producer wealth without having to be in the spotlight.
4. Merchandise
Even without touring, bands sell merch online. Hoodies, vinyl re-releases, and limited-edition drops keep the cash flow moving. Nostalgia is powerful. Fans who loved them in 2010 now have adult jobs and disposable income. They are happy to buy a retro tee.
The Management Shake-Ups
Breathe Carolina has survived many lineup changes. Kyle Even left in 2013 to be a father. Other members have rotated in and out. This constant changing of the guard makes financial splits complicated.
When a member leaves, there is usually a buyout or a royalty agreement. Kyle Even likely still receives checks for the songs he wrote. This reduces the pot for the current members.
Managing these transitions requires a strong team. If you are wondering how bands handle these internal shifts, you might want to read about what a music manager does for an artist. A good manager protects the brand's value even when the faces on stage change.
Comparing Breathe Carolina to Other Electronic Duos
To understand their wealth, we should look at their peers. The electronic music market is stratified.
- Tier 1 (The Chainsmokers, Calvin Harris): Net worth in the $50M – $300M range. They play stadiums and have Las Vegas residencies.
- Tier 2 (Zedd, Skrillex): Net worth in the $30M – $50M range. Headlining festivals globally.
- Tier 3 (Breathe Carolina, Cash Cash, 3OH!3): Net worth in the $2M – $10M range. Successful, touring constantly, but not flying in private jets every day.
Breathe Carolina sits comfortably in Tier 3. They have global recognition and chart success. But they never reached the massive crossover pop stardom of The Chainsmokers. And the recent legal issues have likely prevented them from climbing higher.
The Impact of "One-Hit Wonder" Status
While they have many songs, the general public knows them for "Blackout." Being labeled a "one-hit wonder" can be a blessing and a curse.
- The Curse: It is hard to get people to care about new music.
- The Blessing: That one hit is a pension plan. It guarantees bookings at nostalgia festivals like "When We Were Young." These festivals pay very well.
David Schmitt Net Worth vs. Kyle Even Net Worth
David Schmitt has been the one constant member. He is the face and the voice. Because of his longevity and producer role, his personal net worth is likely higher than former members.
- David Schmitt: Estimated $2.5 Million. He controls the brand and the production credits.
- Kyle Even: Estimated $800,000 – $1 Million. He left before the peak EDM money rolled in, but he holds songwriting credits on their biggest commercial hits.
Tommy Cooperman's situation is harder to assess. His involvement in the alleged fraud scheme suggests he was chasing fast money. The legal costs and potential fines could have wiped out his music producer wealth entirely.
Future Outlook: Can They Rebuild?
It is 2026. The music industry is forgiving, but the financial industry is not. If the securities fraud case is resolved, Breathe Carolina could mount a comeback.
The "emo revival" trend is still going strong. There is a market for their sound. A reunion tour with original members could generate millions in ticket sales. However, this depends on the legal status of the group members.
If they can distance themselves from the scandal, focus on the music, and tap into their loyal fanbase, they can rebuild their fortune. But for now, their net worth is in a holding pattern.
Summary of Key Statistics
| Category | Stat/Figure |
|---|---|
| Top Charting Single | "Blackout" (#32 Billboard Hot 100) |
| Peak DJ Mag Rank | #62 (2019) |
| Estimated Net Worth | $2 Million – $4 Million |
| Primary Genre | Electronic / Pop-Punk / EDM |
| Years Active | 2007 – Present |
| Key Controversy | 2022 Securities Fraud Charges (Tommy Cooperman) |
The story of Breathe Carolina is a lesson in adaptation. They survived the death of MySpace. They survived the shift to EDM. Now, they are trying to survive a federal investigation. Their net worth reflects this rollercoaster ride. It is substantial, but it is precarious.
For fans, the value is in the memories. For the band, the value is in the royalties. And as long as people keep hitting play on "Blackout," the checks will keep coming.
According to Wikipedia's detailed history of the group, their resilience has been tested time and time again. Whether they can bounce back from this latest hurdle remains the biggest question of their career.
Frequently Asked Questions
What is Breathe Carolina's net worth in 2026?
The estimated combined net worth of Breathe Carolina is between $2 million and $4 million. This figure accounts for their music royalties, touring income, and the potential financial impact of legal fees associated with recent controversies.
Did Breathe Carolina break up?
Technically, they have not officially disbanded, but activity slowed down significantly after 2022. Following the legal issues involving member Tommy Cooperman, the group has been quieter than usual, leading to speculation about a hiatus.
What happened to Tommy Cooperman?
In December 2022, Tommy Cooperman was charged by the SEC and the Justice Department for his alleged role in a securities fraud "pump and dump" scheme. This legal battle has overshadowed the group's recent musical activities.
Is Kyle Even still in Breathe Carolina?
No, founding member Kyle Even left the band in 2013 to focus on his family. He was a key part of their early success and their transition from crunkcore to a more polished electronic sound.
What is their biggest song?
Their biggest commercial hit is "Blackout," released in 2011. It reached number 32 on the Billboard Hot 100 and was certified Platinum, cementing their place in pop music history.
Do they still tour?
Touring activity has been sparse recently due to the legal situation. Prior to 2023, they were active touring DJs, playing major festivals and clubs worldwide as a staple in the EDM scene.
What is Breathe Carolina's net worth in 2026?
The estimated combined net worth of Breathe Carolina is between $2 million and $4 million. This figure accounts for their music royalties, touring income, and the potential financial impact of legal fees associated with recent controversies.
Did Breathe Carolina break up?
Technically, they have not officially disbanded, but activity slowed down significantly after 2022. Following the legal issues involving member Tommy Cooperman, the group has been quieter than usual, leading to speculation about a hiatus.
What happened to Tommy Cooperman?
In December 2022, Tommy Cooperman was charged by the SEC and the Justice Department for his alleged role in a securities fraud "pump and dump" scheme. This legal battle has overshadowed the group's recent musical activities.
Is Kyle Even still in Breathe Carolina?
No, founding member Kyle Even left the band in 2013 to focus on his family. He was a key part of their early success and their transition from crunkcore to a more polished electronic sound.
What is their biggest song?
Their biggest commercial hit is "Blackout," released in 2011. It reached number 32 on the Billboard Hot 100 and was certified Platinum, cementing their place in pop music history.
Do they still tour?
Touring activity has been sparse recently due to the legal situation. Prior to 2023, they were active touring DJs, playing major festivals and clubs worldwide as a staple in the EDM scene.


