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LION

Lionsgate Studios Corp.

LION

Lionsgate Studios Corp. • NASDAQ
$7.46 ▲ 1.77% (+0.13)
Market Cap $2.16 B
52w High $9.14
52w Low $5.54
Dividend Yield 0%
P/E -62.17
Volume 811.21K
Outstanding Shares 289.73M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $475.1M ▼ $220.8M ▲ $-113.5M ▼ -23.89% ▼ $-0.39 ▲ $148.1M ▼
Q2-2025 $525.9M ▼ $197.5M ▼ $-108.9M ▼ -20.707% ▼ $-0.4 ▼ $208.3M ▼
Q1-2025 $1.07B ▲ $206.5M ▼ $21.9M ▲ 2.047% ▲ $0.1 ▲ $678.6M ▲
Q4-2024 $713.8M ▼ $207.1M ▼ $6.4M ▲ 0.897% ▲ $0.022 ▲ $374.9M ▼
Q3-2024 $823.7M $230.3M $-113.4M -13.767% $-0.39 $535.4M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $202.4M ▲ $5.159B ▼ $6.276B ▲ $-1.261B ▼
Q2-2025 $186.1M ▼ $5.161B ▲ $6.164B ▲ $-1.148B ▼
Q1-2025 $205.7M ▼ $5.115B ▼ $6.038B ▼ $-1.045B ▲
Q4-2024 $229M ▲ $5.375B ▲ $6.325B ▲ $-1.081B ▼
Q3-2024 $210.8M $5.261B $6.2B $-1.073B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-111.32M ▼ $-104M ▼ $-3.7M ▼ $139.2M ▲ $29.3M ▲ $-107.2M ▼
Q2-2025 $-91.7M ▼ $-31M ▼ $-1.9M ▲ $-4.3M ▲ $-34M ▼ $-34.5M ▼
Q1-2025 $23.1M ▲ $256.1M ▲ $-2.8M ▼ $-220.1M ▼ $33.8M ▲ $252.5M ▲
Q4-2024 $8.3M ▲ $-163.2M ▼ $1M ▼ $137.6M ▲ $-30.6M ▼ $-164.5M ▼
Q3-2024 $-113.9M $-82.1M $7.5M $125.9M $53.8M $-86.6M

Revenue by Products

Product Q3-2024Q4-2024Q2-2025Q3-2025
Motion Picture
Motion Picture
 $410.00M ▲$840.00M ▲$270.00M ▼$280.00M ▲
Studio Business
Studio Business
 $0 ▲$0 ▲$560.00M ▲$480.00M ▼
Television Production
Television Production
 $420.00M ▲$950.00M ▲$290.00M ▼$200.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Lionsgate’s sales have generally been edging higher over the past few years, showing that demand for its content is holding up. However, profits remain inconsistent and thin. The company has been able to generate positive operating income, but bottom-line results swing between small profits and small losses, suggesting that restructuring costs, financing costs, and one‑off items are weighing on earnings. Overall, this is a business with a solid revenue base but profitability that is not yet reliably stable or robust.

Balance Sheet

Balance Sheet The company controls a sizable asset base built around its content library and production capabilities. At the same time, it carries a meaningful level of debt and has a deficit in shareholder equity, which points to accumulated past losses and accounting write‑downs. The cash balance is modest relative to total obligations, so the company’s financial flexibility depends heavily on maintaining access to capital markets and steady cash generation from its library and new releases.

Cash Flow

Cash Flow Cash generation has been uneven. There were periods of solid positive cash flow from operations, but the most recent year slipped back into negative territory, indicating pressure from production spending, working capital swings, or timing issues around content deliveries and payments. Capital spending is relatively light, so free cash flow largely mirrors operating cash flow. This pattern underscores that the business can produce good cash in strong years but is still vulnerable to downturns in performance or mistimed investments.

Competitive Edge

Competitive Edge Lionsgate sits in a distinctive “mini‑major” niche: smaller and more agile than the largest studios, but with far more scale and franchises than typical independents. Its key strengths are its well-known franchises, such as The Hunger Games and John Wick, and a very large film and TV library that throws off recurring, high‑margin licensing revenue. The spin‑off from STARZ should give it more freedom to sell content broadly. Against that, it faces intense competition from deep‑pocketed studios and global streaming platforms, and it remains dependent on a relatively small set of major brands to stand out in a crowded market.

Innovation and R&D

Innovation and R&D The company is leaning into technology and new formats rather than relying only on traditional film releases. Its partnership with an AI research firm to build tools trained on its own library is an early, notable step to make production faster, cheaper, and more flexible. Lionsgate is also active in free ad‑supported streaming channels, data‑driven audience measurement, and experiments in immersive and location‑based entertainment tied to its franchises. These initiatives could enhance monetization of its intellectual property, but their real impact will depend on execution, adoption by creative teams, and how audiences respond over time.

Summary

Lionsgate combines a valuable content library and strong franchises with a business model that still struggles to produce consistent, durable profits and cash flow. Revenue trends are encouraging, and debt levels have recently moved in a better direction, but negative equity and choppy cash generation highlight financial risk. Strategically, the company is well positioned as an independent studio with broad relationships across streaming and traditional buyers, and it is pushing into AI‑enabled production and new distribution formats. The key things to watch are whether management can translate these advantages into steadier earnings, more reliable free cash flow, and a gradually stronger balance sheet while continuing to refresh and expand its core franchises in a highly competitive entertainment landscape.

NEWS

November 6, 2025 · 4:05 PM UTC

LIONSGATE REPORTS RESULTS FOR SECOND QUARTER FISCAL 2026

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October 20, 2025 · 9:00 AM UTC

Lionsgate Expands The Strangers: Chapter 2 Beyond the Screen with Multi-Game Halloween Activation on Roblox

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October 16, 2025 · 8:00 AM UTC

LIONSGATE TO RELEASE SECOND QUARTER EARNINGS FOR FISCAL 2026 AND HOLD ANALYST AND INVESTOR CONFERENCE CALL AFTER MARKET CLOSE ON THURSDAY, NOVEMBER 6

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October 15, 2025 · 4:17 PM UTC

The Coffee Bean & Tea Leaf® and Now You See Me: Now You Don't Bring the Magic with a Limited-Time Partnership Featuring New Beverages and Weekly Prizes

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