Lionsgate Studios
LION NYSE· Movies & Entertainment
Last close · Oct 26, 2026
$12.14
KIRA · Stoqly’s AI analyst, in plain words
- Lionsgate Studios had $2.6B of revenue in fiscal 2026, up 1.8% on the year before.
- Its operating margin was 3.7%, up 4.4 pts: of every 100 in sales, about 4 is left after running the business.
- Lionsgate Studios lost $198M in fiscal 2026.
- Free cash flow was $11.4M in fiscal 2026, 0.4% of revenue.
- Lionsgate Studios returned $0.0M to shareholders in fiscal 2026, 0% of free cash flow. The diluted share count rose 14.7%.
- Lionsgate Studios owes $1.6B more than it holds in cash, about 13.9 years of operating profit.
Market cap
$3.5B
P/E
—
Revenue
$2.6B
Net income
−$198M
Free cash flow
$11.4M
Operating margin
3.7%
Lionsgate Studios in 30 seconds · fiscal 2026
Are sales growing?
+1.8%
Only a little. Sales grew 1.8% last year.
Does it make a profit?
−7.5%
No. It lost money last year.
Does profit turn into cash?
0.4%
Partly. 0.4% of sales ends up as free cash.
Is debt under control?
13.9x
Heavy. Repaying its debt would take 13.9 years of operating profit.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
What Lionsgate Studios does
Lionsgate Studios produces and distributes films and television shows. It licenses them to movie theaters, streaming services, broadcast and cable channels and other partners around the world, and sells or rents films on discs and through digital stores. Its 10-K says it has a library of more than 20,000 film and television titles, and it also owns the talent management and production company 3 Arts Entertainment. Lionsgate has two reportable segments. Motion Picture made up 60.8% of revenue in the year ended March 31, 2026, and Television Production made up 39.2%. In Motion Picture, home entertainment, meaning sales and rentals of films, was the biggest source, with theatrical releases, television licensing, international licensing and other sources making up the rest. In Television Production, the biggest source is licensing series to domestic television and streaming platforms. Lionsgate says it faces substantial competition in all parts of its business.
Biggest risks, in its own words
- Large capital needs and financial risks from the cost of making films and shows.
- Results that swing widely and depend on a small number of releases or library titles in a given period.
- Write-offs if films or shows do not earn enough to cover their costs.
- Changes in how people watch, including new technology such as AI and shifts in distribution.
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 10-K · May 27, 2026
- Legal name
- Lionsgate Studios Corp.
- CIK
- 0002052959
Lionsgate Studios · LION
Results and finances
The last 3 fiscal years. Amounts in USD.
| Fiscal year | FY24 | FY25 | FY26 |
|---|---|---|---|
| Sales and profit | |||
| Revenue | $2.5B | $2.6B | $2.6B |
| Revenue growth | — | 5.5% | 1.8% |
| Operating margin | −0.6% | −0.7% | 3.7% |
| Net income | −$1.1B | −$362M | −$198M |
| Net margin | −45.0% | −14.0% | −7.5% |
| Diluted EPS | −$4.58 | −$1.43 | −$0.70 |
| Cash | |||
| Cash from operations | $397M | −$166M | $24.8M |
| Capital expenditure | $9.9M | $13.5M | $13.4M |
| Free cash flow | $387M | −$180M | $11.4M |
| FCF margin | 15.8% | −6.9% | 0.4% |
| Dividends paid | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $0.0M | $0.0M |
| Share count change | — | 2.2% | 14.7% |
| Debt and strength | |||
| Cash and short-term investments | $277M | $213M | $342M |
| Debt incl. finance leases | $1.8B | $2.0B | $1.9B |
| Shareholders' equity | −$1.2B | −$265M | −$1.2B |
| Net debt / EBITDA | 1,369.4x | — | 13.9x |
| Current ratio | 0.4x | 0.4x | 0.5x |
| Interest coverage | −0.1x | −0.1x | 0.4x |
| Returns and quality | |||
| Return on capital | — | −1.1% | 8.3% |
| Piotroski F-score | — | — | 5 |
| Altman Z'' | −3.8 | −3.9 | −4.3 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$2.0M
3 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Lionsgate Studios · LION
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Lionsgate Studios LION | $3.5B | 1.8% | 3.7% | 0.4% | 8.3% | — | 5 |
| TKO Group TKO | $13.0B | −3.1% | 17.6% | — | 5.9% | — | 5 |
| Roku ROKU | $23.9B | 15.2% | −0.1% | 10.1% | — | 66.9x | 6 |
| AMC Entertainment AMC | $2.1B | 4.6% | −0.4% | −7.6% | −0.8% | — | 2 |
| Sphere Entertainment SPHR | $3.9B | 18.8% | −18.8% | — | −4.8% | — | 7 |
KIRA
At $12.14 a share, the company is worth $3.5B.
Lionsgate Studios grew sales faster than 1 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0002052959). Data updated October 10, 2026. For information only — not investment advice. Check the original filings before relying on any figure.