Lionsgate Studios has released its financial results for the third quarter ending December 31, 2025. The company reported total revenue of $724.3 million (€614 million) and an operating income of $36 million. Despite these figures, Lionsgate recorded a net loss from continuing operations attributable to shareholders of $46.2 million. Adjusted net income from continuing operations was $3.9 million, while adjusted OIBDA reached $85.3 million for the quarter.

CEO Jon Feltheimer expressed optimism about the quarter, stating, “I’m pleased to report a quarter that keeps us on track for our fiscal 2026 financial targets and positions us for significant growth in fiscal 2027 and beyond. Our investment in our IP portfolio is achieving its intended results: our film and television pipelines are strong, our library continues to grow, and our extension of franchise properties across multiple platforms continues to increase.”

Lionsgate’s trailing 12-month library revenue hit a record $1.05 billion, marking a 10% increase compared to the previous year and representing the fifth consecutive quarter of record library revenue.

Motion Picture Segment: Revenue increased 35% year-over-year to $421.2 million, driven by the releases of The Housemaid and Now You See Me: Now You Don’t. Segment profit was $58.5 million, though higher print and advertising expenses impacted the results. A sequel to The Housemaid is reportedly in development.

Television Production Segment: Revenue declined 25% to $303.1 million, with segment profit at $55.7 million. The decrease was mainly due to the timing of episodic deliveries but was partially offset by strong television library revenue.

During a conference call, Feltheimer highlighted that industry consolidation could benefit Lionsgate, noting increased demand for films from competitors like Paramount and Warner Bros Discovery. He added, “Our film and television pipelines are strong, our library continues to grow, and we’re replenishing it with valuable new franchises and brand-defining television series. We’re a leading global content company at a time when content is king, critical to AI, essential to our partners, and central to discussions around mergers, acquisitions, and industry consolidation.”

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