Lionsgate Studios reported a challenging first quarter for fiscal 2026, with a significant net loss and operating loss. Despite a decrease in overall studio revenue compared to the prior year, the Television Production segment showed strong growth. The company highlighted a record trailing 12-month library revenue, indicating continued strength in its content library.
Studio revenue for the first quarter was $555.9 million, a decrease from $590.7 million in the prior year.
The company reported an operating loss of $10.6 million and a net loss from continuing operations attributable to shareholders of $94.0 million.
Adjusted OIBDA was a loss of $3.7 million for the quarter, a significant decline from a profit of $62.6 million in the prior year.
Trailing 12-month library revenue reached a record $989 million, growing 12% from the prior-year quarter.
Lionsgate CEO Jon Feltheimer stated that the company is taking important steps towards returning to solid growth in fiscal 2027, following a transitional year post-separation.
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