Lionsgate Studios Q1 Revenue Surges 48% to $777M, Swings to Operating Profit
LION has more than doubled off its 52-week low of $5.65.
Summary
Lionsgate Studios reported Q1 FY2027 revenue of $776.6M, up 48% YoY, with operating income of $25.6M and adjusted free cash flow of $128.9M, driven by blockbuster theatrical releases and library strength.
Updates
· SEC 10-Q — Net loss attributable to shareholders was $28.8 million, or $0.10 per share, compared to $108.9 million, or $0.40 per share, a year ago.
Key Events · Earnings and Guidance · LION
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Revenue Surges 48% to $777M
Q1 FY2027 revenue reached $776.6 million, up from $525.9 million a year ago, driven by the Motion Picture segment which more than doubled to $587.3 million.
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Swings to Operating Profit
Operating income was $25.6 million compared to a loss of $10.6 million in the prior-year quarter, with adjusted OIBDA of $79.3 million versus a loss of $3.7 million.
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Adjusted Free Cash Flow Turns Positive
Adjusted free cash flow was $128.9 million, a dramatic improvement from negative $111.9 million a year ago, driven by strong operating cash flow and production loan timing.
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Leverage Improves Nearly Two Turns
Leverage fell to 4.3x trailing 12-month adjusted OIBDA from approximately 6.3x in the March quarter, reflecting stronger earnings and cash flow.
Analysis · LION · Trade & Services
A standout quarter for Lionsgate Studios saw revenue jump 48% to $776.6 million, flipping the prior-year operating loss into a $25.6 million profit. The Motion Picture segment more than doubled its top line to $587.3 million, fueled by the billion-dollar biopic 'Michael' and robust ancillary performance. Adjusted OIBDA reached $79.3 million, while adjusted free cash flow swung sharply positive to $128.9 million, helping leverage improve by nearly two turns. These results confirm that the studio's franchise strategy is gaining traction and that the operating environment has improved markedly from the strike-impacted prior year.
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At the time of this filing, LION was trading at $13.20 on NYSE in the Trade & Services sector, with a market capitalization of approximately $3.8B. The 52-week trading range was $5.65 to $16.70. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.