Lionsgate Studios Corp. (LION)

Key figures

The last twelve months reported, with the latest price and balance sheet.

Market value

$3.6B

Cash

$425.8M

Debt

$1.9B

Shares outstanding

297.6M

Financial statements

Revenue, profit and cash flow by fiscal year, each year linked to its annual report.

By quarter

What the company said with its results

From the first quarter of fiscal 2027 results, filed 6 August 2026.

• Revenue rose 48% year over year. Revenue was $776.6 million, up from $525.9 million in the prior-year quarter, an increase of 48 percent.
• Operating income turned positive. Operating income was $25.6 million, against an operating loss of $10.6 million. Net loss from continuing operations attributable to shareholders was $28.8 million, or $0.10 a diluted share.
• Adjusted net income was positive. Adjusted net income from continuing operations attributable to shareholders was $18.9 million, or $0.06 adjusted diluted per share, against an adjusted loss of $88.1 million a year earlier.
• Adjusted OIBDA turned positive. Adjusted OIBDA was $79.3 million, against negative $3.7 million a year earlier. The release reconciles it to operating income.
• Motion Picture revenue more than doubled. Motion Picture revenue was $587.3 million, up from $267.3 million. Segment profit was $105.0 million, against $2.4 million, which the company described as a first-quarter record.
• Television Production revenue and profit fell. Television Production revenue was $189.3 million, down from $288.5 million, and segment profit was $10.2 million, down from $26.0 million. The company attributed the decline to timing of episodic deliveries.
• Corporate overhead rose to $35.9 million. Corporate general and administrative expenses were $35.9 million, against $32.1 million. They are deducted from total segment profit of $115.2 million to reach adjusted OIBDA.
• Michael drove Motion Picture results. The company cited the billion-dollar worldwide box office of Michael, which it called the highest-grossing biopic of all time, as a driver of results.
• The Housemaid ancillary sales. The company cited the ancillary performance of The Housemaid as a further driver of Motion Picture results, alongside recent theatrical releases.
• Library revenue reported at $987 million. Trailing 12-month library revenue was $987 million in this release. The prior release had described trailing library revenue as topping $1 billion for a third straight quarter.
• Filmed entertainment backlog up 21%. Filmed entertainment backlog, meaning contractual future revenue not yet recognized, rose 21% year over year to $1.5 billion.
• Direct operating expense increased. Direct operating expense was $497.0 million, up from $339.0 million. Distribution and marketing expense was $121.8 million, against $118.1 million.
• Share-based compensation lifted G&A. General and administration expense was $124.9 million, against $70.2 million. Share-based compensation expense was $41.1 million, against $1.7 million, and is excluded from adjusted measures.
• Interest expense declined. Interest expense was $56.9 million, against $68.7 million a year earlier.

Revenue by segment

As the company reports it in the segment note of its annual report.

By region, FY2026

Company events

The newest 8-K filings of 16 held.

Every filing

The newest filings with the SEC of 51 held.

Insider trades

Form 4 trades by officers, directors and 10% owners, last 12 months.

Large holders

Schedule 13D and 13G filings by holders of more than 5% of the voting shares.

Short interest

Shares sold short and not yet bought back, on each FINRA settlement date.

Funds that hold it

From each fund's latest Form 13F.

331 funds held it at 30 Jun 2026: 141 added and 84 trimmed in the quarter. The largest:

What the company does

Lionsgate Studios Corp. produces and distributes motion pictures and television programming, and its shares trade on the NYSE under the symbol LION. It reports two segments, Motion Picture and Television Production, and exploits a library of more than 20,000 motion picture titles and television episodes and programs. The company was organised under the laws of the Province of British Columbia on 10 January 2024 as Lionsgate Studios Holding Corp. It took its current name on 6 May 2025 in connection with the Starz Separation, which left the STARZ business with a separate company, Starz Entertainment Corp. As of 21 May 2026 it had 916 full-time employees worldwide.

How the business is organised

Motion Picture accounts for 60.8% of consolidated revenues and Television Production for 39.2%. Within Motion Picture, revenue comes from home entertainment (44.1%), international (28.3%), television (14.0%), theatrical (10.9%) and other sources (2.7%). Within Television Production, it comes from television (49.5%), international (25.1%), home entertainment (16.7%) and other sources (8.7%). None of the non-United States countries individually made up more than 10% of total revenues.

Films

In the United States the company distributes its films directly to theatres, and under its terms with exhibitors it receives a percentage of the box office results. It released 24 films theatrically in the United States in the year, counting those from Roadside Attractions, in which it owns a 43% equity interest. That count leaves out 29 day-and-date and multi-platform titles.

Home entertainment covers DVDs, Blu-ray and 4K Ultra HD discs sold to wholesalers and retailers, plus digital sale and rental. Physical distribution and fulfilment services are substantially licensed to Sony Pictures Home Entertainment. The company also owns and operates 52 free, ad-supported streaming channels.

International sales are run from London. The company self-distributes in the United Kingdom and Ireland through Lionsgate UK. It licenses rights territory by territory elsewhere, keeps an output arrangement in France, and uses International Distribution Company in Latin America and Cineplex for theatrical rights in Canada. To limit production risk, it may co-finance, pre-license international rights, tie talent pay to a film's results, and use tax credits and other production incentives.

Television

The company develops, produces, syndicates and distributes television programming. It currently produces, syndicates and distributes more than 75 television shows on more than 40 networks. Buyers include broadcast networks, pay and basic cable networks, digital platforms and syndicators, who pay in cash or by barter. After the first showing, programmes are sold again to later domestic and international buyers.

Beyond films and television

The Global Products and Experiences division licenses and builds on the company's properties through live stage shows, games, location-based attractions and consumer products. Examples include John Wick, The Hunger Games, Twilight and SAW. The company also manages music for its film and television slates and licenses content to non-theatrical venues such as airlines, hotels and military bases.

It holds an interest in 3 Arts Entertainment, a talent management and production company. 3 Arts earns commissions from representing directors, writers, showrunners and actors. It also earns executive producer fees on shows including The Office and Parks & Recreation.

Who it sells to and who it competes with

The company competes with major studios, independent film and television producers, television networks, pay television services and digital platforms. The competition covers acquiring literary and film properties, hiring creative personnel, and securing production financing. Its films and shows also compete for audiences and exhibition outlets with content released by others.

Its people

The company also uses many consultants and hires additional staff project by project for its productions. It runs internship programmes and employee resource groups, and Lionshares, a volunteer programme that partners employees with charitable organisations. It trains employees each year on anti-harassment, IT security and the Foreign Corrupt Practices Act.

*From Lionsgate's annual report on Form 10-K for the year ended 31 March 2026. [The filing](https://www.sec.gov/Archives/edgar/data/2052959/000205295926000049/lion-20260331.htm)*

From the company's 10-K.