Lionsgate Studios Corp.
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Range $15 – $20
Price Chart
About the company
Lionsgate Studios operates as a preeminent, independent, publicly traded entity within the global content sector. It integrates a broad spectrum of film and television creation and distribution operations, an elite collection of valuable brands and franchises, a formidable presence in talent management and content development, and an expansive archive of over 20,000 movie and TV titles. This entire endeavor is energized by Lionsgate's audacious and innovative corporate philosophy.
- CEO
- Jon Feltheimer
- IPO
- 2022
- Employees
- 916
- HQ
- Santa Monica, CA, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $3.43B
- P/E
- -28.11
- Fwd P/E
- 30.24
- PEG
- -1.33
- P/S
- 1.19
- P/B
- -2.80
- EV/EBITDA
- 5.79
- Div Yield
- 0.00%
- Gross Margin
- 39.55%
- Op Margin
- 5.33%
- Net Margin
- -4.10%
- ROE
- 9.60%
- ROIC
- 4.05%
Latest fiscal year · YoY change
- Revenue
- $2.63B-17.6%
- Gross Profit
- $1.05B+6.3%
- Op Income
- $148.00M
- Net Income
- $-198,300,000-54.3%
- EPS
- $-0.69-60.5%
- OCF Growth
- +123.2%
- FCF Growth
- +109.5%
- 52W High
- $16.70
- 52W Low
- $5.88
- 50D MA
- $13.73
- 200D MA
- $10.71
- Beta
- 0.15
- RSI (14)
- 28
- Avg Volume
- 3.27M
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Lionsgate delivered a very strong first quarter with 48% revenue growth, record Motion Picture first-quarter profit, and faster-than-expected deleveraging, while management stayed upbeat on IP, library monetization, and the fiscal 2027 slate.· August 6, 2026
- Revenue rose 48% year over year to $777 million; adjusted OIBDA improved to $79 million and free cash flow was $129 million.
- Motion Picture revenue more than doubled to $587 million, with segment profit of $105 million, the highest first-quarter Motion Picture profit in company history.
- TV revenue of $189 million and segment profit of $10 million were down due to episodic delivery timing, but management expects significant fiscal 2027 growth.
- The backlog reached $1.5 billion, up 21% year over year, and trailing 12-month library revenue was $987 million, roughly in line with last year.
- Management highlighted strong momentum from Michael, The Housemaid, the Power Netflix licensing deal, and upcoming releases including The Hunger Games: Sunrise on the Reaping.
Lionsgate Studios reported first-quarter fiscal 2027 revenue of $777 million, up 48% year over year. Adjusted OIBDA was $79 million; operating income was $26 million; reported diluted loss per share was $0.10; and diluted adjusted EPS was $0.06. Free cash flow was $129 million. Motion Picture revenue more than doubled to $587 million, with segment profit of $105 million, while Television revenue was $189 million and segment profit was $10 million. Trailing 12-month library revenue was $987 million, roughly flat year over year, and backlog was $1.5 billion, up 21% year over year. For the balance sheet, net debt ended at about $1.5 billion, down $121 million sequentially, leverage improved to 4.3x, and the company had $426 million of unrestricted cash and $800 million of revolver capacity. Management said TV segment profit should improve sequentially in the second quarter and accelerate in the back half of the year, and reiterated expectations for significant adjusted OIBDA and free cash flow growth in fiscal 2027 and beyond.
Jon Feltheimer said the company’s pure-play content strategy is working, the balance sheet is strengthening faster than expected, and Lionsgate’s portfolio is becoming more franchise-driven and valuable. He emphasized a slate built around more than a dozen branded repeatable properties, strong audience response to recent titles, and the idea that Lionsgate is increasingly well positioned as media buyers and streamers value scaled content assets. His tone was confident and expansive, with repeated references to momentum, optionality, and the long-term value of IP.
Jimmy Barge focused on the quarter’s financial improvement and balance sheet progress. He cited $777 million of revenue, $79 million of adjusted OIBDA, $129 million of free cash flow, and $1.5 billion of backlog, and said Motion Picture profit strength drove the quarter. He noted net debt fell to about $1.5 billion, leverage improved to 4.3x, and the company reached its mid-4x leverage target earlier than planned; he also highlighted $426 million of unrestricted cash and $800 million of revolver availability. He said TV should improve sequentially in Q2 and accelerate later in the year, while the company expects continued deleveraging and significant growth in adjusted OIBDA and free cash flow.
Analysts pressed on the relevance of IP in the current box office and Lionsgate’s confidence in its sequel/revival-heavy slate; Adam Fogelson said each title is tested against clear audience demand, fan feedback, budget discipline, and the right filmmakers, and that the company believes its slate clears that bar. Questions on the Power licensing deal focused on library value and Starz’s role; Jim Packer and Jon Feltheimer said the Netflix deal expands international reach, creates a new U.S. window for some titles, and supports future global licensing opportunities, while still benefiting Starz. On M&A, Michael Burns said Lionsgate has not had substantive talks but remains a compelling standalone asset with strategic optionality. Management also fielded questions on 3 Arts and Michael, saying strategic transactions are being explored, the business is seeing momentum in sports and creator verticals, and Michael’s sequel is targeted for production late this year or early next year.
The call showed strong operating momentum: record Motion Picture profitability, 48% revenue growth, better-than-expected free cash flow, and earlier-than-expected deleveraging. Management sounded optimistic about upcoming catalysts, including The Hunger Games: Sunrise on the Reaping, more TV deliveries, and continued library monetization through deals like Power on Netflix.
TV revenue and profit fell because of delivery timing, reminding investors that earnings can be lumpy and dependent on a few projects. Management also acknowledged uncertainty around the broader media consolidation backdrop and said delay/uncertainty is bad for the business; 3 Arts could also lead to about a 0.5 turn leverage increase if a potential transaction closes in Q4.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 11.9%
- Shares Outstanding
- 297.49M
- Float Shares
- 35.37M
of shares held by institutions
292 13F filers
Buy/sell ratio 0.82. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Mhr Fund Management LLC | 37.65M | 0 |
| Liberty 77 Capital L.P. | 37.55M | 0 |
| Vanguard Group Inc | 22.19M | ▼ 1.37M |
| Jericho Capital Asset Management L.P. | 18.82M | 0 |
| Blackrock, Inc. | 16.43M | ▼ 3.78M |
| Fmr LLC | 10.35M | ▲ 5.76M |
| Neuberger Berman Group LLC | 10.27M | ▲ 916.40K |
| Vanguard Capital Management LLC | 9.30M | ▼ 871.30K |
| Ameriprise Financial Inc | 8.77M | ▲ 1.55M |
| Wellington Management Group Llp | 7.43M | ▲ 7.43M |
| Geode Capital Management, LLC | 6.08M | ▲ 1.03M |
| Jefferies Financial Group Inc. | 5.81M | ▲ 567 |
Held by 208 ETFs
Biggest fund positions in LION by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Jul 8, 26 | RACHESKY MARK H MD | buy | 15,804,919 |
| Jul 8, 26 | RACHESKY MARK H MD | buy | 11,755,412 |
| Jul 8, 26 | RACHESKY MARK H MD | buy | 11,154,680 |
| Jul 8, 26 | RACHESKY MARK H MD | sell | 11,755,412 |
| Jul 8, 26 | RACHESKY MARK H MD | buy | 1,916,271 |
| Jul 8, 26 | RACHESKY MARK H MD | buy | 797,526 |
| Jul 8, 26 | RACHESKY MARK H MD | buy | 671,924 |
| Jul 8, 26 | RACHESKY MARK H MD | buy | 499,765 |
| Jul 8, 26 | RACHESKY MARK H MD | sell | 499,765 |
| Jul 8, 26 | RACHESKY MARK H MD | sell | 25,173,882 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our LION coverage
Recent articles, reports, and earnings notes.
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Lionsgate Studios Q1 Earnings Call Highlights
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Lionsgate Studios Corp. (LION) Q1 2027 Earnings Call Transcript
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Lionsgate Studios Corp. (LION) Beats Q1 Earnings and Revenue Estimates
zacks.com · Aug 6
Lionsgate Studios Corp. (LION) Reports Q1 Earnings: What Key Metrics Have to Say
zacks.com · Aug 6
Paramount-WBD Deal Endorsed By Lionsgate CEO Jon Feltheimer: “Uncertainty Is The Worst Thing For Our Business”
deadline.com · Aug 6
LIONSGATE REPORTS RESULTS FOR FIRST QUARTER FISCAL 2027
prnewswire.com · Aug 6
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.
