Key Financial Data
- Total revenue: $475.1 million (-21% year-over)
- Net income: -$46 million
- Motion picture revenue: $276.4 million (-33%)
- Motion picture net income: $30.5 million (+1,694%)
- Television production revenue: $198.7 million (-52%)
- Television production net income: $12.5 million (-49%)
- Total debt: $1.93 billion (current and long-term)
- Read more Q3 2025 media earnings coverage
Lionsgate on Thursday reported lower revenue and a narrower loss in its fiscal second quarter (Q2, coincides with calendar Q3) as the studio’s film and television output slowed following its recent separation from Starz.
During the three-month period that ended September 30, Lionsgate earned $475.1 million in overall revenue, down 21 percent compared to last year, and logged an operating loss of $46 million, an improvement from the $100 million it lost in 2024.
Revenue from its motion picture business fell 33 percent to $276.4 million on account of fewer theatrical releases during the quarter. There were just two films released by Lionsgate during its fiscal Q2, compared with five released to the public last year. Still, segment profit surged to $30.5 million from $1.7 million a year earlier due to stronger margins and lower marketing spend.
On the television side, production-related revenue fell 52 percent to $198.7 million, with segment profit down 49 percent to $12.5 million. The company said the decline was tied to the timing of episodic deliveries, some of which were pushed into the second half of the fiscal year.
“We reported a quarter in line with our financial expectations, with all signs pointing to significant growth over the next two quarters and through fiscal 2027,” Lionsgate CEO Jon Feltheimer said in a prepared statement. “During the quarter we readied a film slate primed to deliver strong growth over the next 18 months, refilled our television pipeline with key series renewals and breakout new shows, and reported $1 billion in trailing 12-month library revenue, a record performance that highlights our entire portfolio of intellectual property.”
Shares of Lionsgate were down more than 3 percent in after-hours trading.
Stock Price
Lionsgate said trailing 12-month library revenue reached a record $1 billion, up 13 percent year over year and marking the fourth consecutive quarter of record library sales. The company’s backlog of future-contracted revenue climbed 31 percent to nearly $1.6 billion.
