Lionsgate Q1 2026 Earnings: Studio Revenue Dips, Future Projects Show Promise
Lionsgate reported its first-quarter fiscal 2026 financial results, showing mixed performance as the studio continues its standalone journey post-Starz separation.
Financial Highlights
The Hollywood studio posted a net profit of $108.9 million, a significant improvement from last year’s $59.4 million loss. However, overall studio revenue decreased to $556 million from $590.7 million in the previous year. The quarter saw:
- Earnings per share loss of 40 cents
- Adjusted OIBDA loss of $3.7 million
- Motion Picture revenue: $267.3 million (down from $349.6 million)
- TV Production revenue: $288.5 million (up from $241.1 million)
Upcoming Major Projects
CEO Jon Feltheimer highlighted several key upcoming projects:
- “The Hunger Games: Sunrise on the Reaping” (Thanksgiving 2026)
- “Michael” – Michael Jackson biopic (April 24, 2026)
- “Resurrection of the Christ” (Two-part release in March/May 2027)
Television and Content Development
The studio continues to expand its television presence with notable projects including:
- “The Studio” for Apple TV+
- “The Hunting Wives” on Netflix
- “Spartacus: House of Ashur”
- “Power: Origins” for Starz
- “Midnight Sun” – Animated Twilight series for Netflix
Strategic Developments
The company is exploring strategic partnerships, particularly regarding 3 Arts Entertainment, and continues to position itself for potential future strategic transactions in the evolving entertainment landscape.
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