Lionsgate Posts $113.5 Million Loss on 21% Revenue Drop After Starz Spin-Off

Overview

• Newly standalone Lionsgate Studios reported revenue of $475.1 million, down from $604 million a year earlier.
• Diluted loss per share was $0.39, wider than the $0.13 loss projected by Wall Street.
• Motion Picture revenue fell to $276.4 million on two wide releases versus five last year, while TV production declined to $198.7 million due to episodic deliveries pushed into the second half of fiscal 2026.
• Trailing 12‑month library revenue rose 13% to a record $1 billion, marking a fourth consecutive quarterly increase.
• Shares slipped about 5% in after-hours trading to roughly $6.67 as CEO Jon Feltheimer pointed to a 12–18 month slate including Michael and The Hunger Games: Sunrise on the Reaping.