Cineverse delivered strong top-line growth in Q1 FY26, with streaming and theatrical content driving a 22% revenue increase. Operating margin improved, although increased investment in content and personnel led to a wider net loss.
Cineverse achieved a significant turnaround in Q4 2025, driven by the breakout success of Terrier 3, which boosted revenue, net income, and operating margin to new highs.
Cineverse Corp. announced its fiscal third quarter 2025 results, reporting a total revenue of $40.7 million, a 207% increase year-over-year, and a net income of $7.2 million, a $9.9 million increase. Adjusted EBITDA reached $10.8 million, up $9.0 million from the prior year quarter, with a direct operating margin of 48%. The strong performance was largely attributed to the success of the film Terrifier 3.
Cineverse reported Q2 FY 2025 results with a 20% increase in total revenue excluding the Digital Cinema business, a direct operating margin of 51%, reduced SG&A expenses, and a net loss of $1.4 million. The company's performance was driven by growth in content licensing, advertising, technology and streaming businesses. The financial results do not include any impact from Terrifier 3.
Cineverse reported a decrease in revenue to $9.1 million, but benefited from cost streamlining, leading to an improved direct operating margin of 51%. The company saw growth in viewership and podcast revenue, and is preparing for the release of 'Terrifier 3'.
Cineverse reported Q4 2024 financial results, featuring a total revenue of $9.9 million and an adjusted EBITDA of $1.6 million. The company experienced a decrease in revenue compared to the previous year's quarter, but significantly improved its direct operating margin to 79%. SG&A expenses also decreased, reflecting the impact of cost savings initiatives.
Cineverse reported a decrease in revenue due to the runoff of its legacy digital cinema business and a decrease in theatrical revenue, but improved its direct operating margin and significantly reduced selling, general, and administrative expenses. The company generated positive adjusted EBITDA and secured rights to Terrifier 3.
Cineverse reported Q2 FY 2024 results with a total revenue of $13.0 million. The company saw a significant increase in direct operating margin, a substantial decrease in operating expenses, and a large increase in Adjusted EBITDA. While revenue slightly declined due to channel portfolio optimization, subscription revenues increased significantly. The company's cost reduction and margin improvement initiatives had a positive impact on financial results.
Cineverse reported Q4 FY 2023 financial results, with consolidated revenue of $12.5 million and content and entertainment revenue of $11.7 million, a 14.5% increase year-over-year, excluding the legacy Cinema Equipment business. Streaming and Digital revenue increased by 18.7% to $7.3 million. The company's content and entertainment gross margin improved to 45%.
Cinedigm reported a strong third quarter in fiscal year 2023, with a 98% increase in total revenues to $27.9 million compared to the prior year quarter. Net income increased by 1,139% to $4.9 million, and adjusted EBITDA rose by 279% to $5.1 million. Key business highlights included a 63% increase in total streaming revenue, driven by growth in both ad-supported and subscription revenues.
Cinedigm reported strong Q2 fiscal year 2023 results, with significant growth in streaming revenue and advertising-supported streaming revenue. The company launched its flagship service, Cineverse, and surpassed one million subscribers. The success of Terrifier 2 is expected to further boost financial results in fiscal Q3.
Cinedigm reported strong business momentum with total streaming revenue surging up 98% in the first quarter of fiscal year 2023. The company is focused on achieving significant total revenue growth, sustainable long-term profitability, and positive cash flow in the current fiscal year through new business initiatives and cost savings.
Cinedigm reported a strong fourth quarter and full year for fiscal 2022, with Q4 revenue up 104% to $16.9 million, driven by record streaming revenue. Full-year revenue increased by 78% to $56.1 million, with streaming revenue up 108%.
Cinedigm reported a strong fiscal quarter with a 42% increase in consolidated revenues and a 104% increase in streaming revenues. The company's net income was $4.3 million year-to-date, or $0.03 per share. Cinedigm has zero debt and is profitable year-to-date.
Cinedigm reported strong second quarter results with triple-digit streaming revenue growth. Ad-supported streaming business led the growth, and the company is in excellent financial condition with no debt and a strong cash position.
Cinedigm reported record growth in the first quarter of fiscal year 2022, driven by a triple-digit increase in streaming revenue. The company solidified its position as a leading independent player in the streaming space.
Cinedigm reported strong growth in its streaming business during the fourth quarter, with streaming/digital business accounting for 75% of total revenues. The company also significantly reduced its debt and achieved its strongest ever balance sheet position.
Cinedigm reported a decrease in revenue to $10.0 million, a net loss of $9.7 million, and an adjusted EBITDA of $0.9 million for Q3 2021. However, the company's streaming business showed significant growth, with advertising-based channel revenues increasing by 150% year-over-year. The company also reduced its total debt by $25.7 million compared to the previous year and has $26.2 million in cash and cash equivalents.
Cinedigm reported a revenue of $7.2 million, a 30% decrease compared to the prior year. The company experienced a net loss of $26.6 million. However, OTT AVOD Channel revenues increased by 45% year-over-year.
Cinedigm's core streaming and content distribution business generated positive Adjusted EBITDA, with a significant increase versus the prior year quarter. The company experienced growth in streaming business, particularly AVOD, and strong digital content sales. They also reduced total debt and strengthened the balance sheet through equity raises.
Cinedigm reported a strong Q4 2020, achieving profitability in its core business with a significant increase in Adjusted EBITDA. The company focused on expanding its streaming channels and distribution network, leading to substantial growth in ad-supported viewers and OTT channel revenue.
Cinedigm reported a net loss of $2.3 million, narrowed by 33% year-over-year, with a 63% reduction excluding non-recurring charges. OTT/Streaming revenues increased by 95%, and monthly active ad-supported streaming viewers reached 5.6 million, up 24.4% this quarter.