Lionsgate Reports Reduced Loss in Q2 2026 After Spin-Off
The Hollywood studio Lionsgate announced its financial results as an independent film and TV studio company following its separation from the Starz streaming platform. The company, led by CEO Jon Feltheimer, posted a significantly lower loss and revenue decline for the second quarter of fiscal 2026.
Financial Highlights
- Net loss attributable to shareholders was $113.5 million, down from $163.3 million a year earlier.
- Stock price decreased by 36 cents, closing at $6.67 after hours, a 5% drop.
- Revenue from studio operations declined to $475.1 million from $604 million last year.
- Per-share loss was 39 cents compared to 68 cents the previous year.
- Adjusted OIBDA totaled $14.1 million.
Studio Business Breakdown
The newly-independent Lionsgate Studios includes its Motion Picture Group and Television Studio, complemented by a 20,000-title film and TV library.
Starz remains a separate, publicly-traded entity revealing its own financial data.
Motion Picture Segment
Revenue from the Motion Picture segment fell to $276.4 million from $409.4 million in the previous year.
Author's Summary
Lionsgate's recent financial results show a substantial reduction in losses after splitting from Starz, with revenue declines across major segments amid a strategic shift to standalone operations.