Lionsgate Studios Corp.
Business
Lionsgate is a standalone content company that produces and distributes motion pictures and television programming across theatrical, home entertainment, digital, television, and international platforms. The company operates a library of over 20,000 titles and owns valuable brands, franchises and talent management through 3 Arts Entertainment. Revenue is generated through licensing to theatrical exhibitors, streaming platforms, broadcast networks, cable channels and packaged-media retailers worldwide, supplemented by ancillary products including live entertainment, games, location-based attractions and consumer merchandise.
Summary from 10-K filed 2026-05-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 |
|---|---|---|---|---|---|
| Revenues | 2,632 | 2,585 | 2,450 | 3,084 | |
| Direct operating | 1,584 | 1,740 | 1,469 | 2,208 | |
| Distribution and marketing | 484 | 399 | 465 | 304 | |
| General and administration | 398 | 358 | 385 | 387 | |
| Depreciation and amortization | 18 | 18 | 16 | 18 | |
| Restructuring and other | 51 | 88 | 130 | 27 | |
| Total expenses | 2,535 | 2,603 | 2,465 | 2,944 | |
| Operating income (loss) | 97 | −18 | −15 | 140 | |
| Interest expense | −260 | −262 | −247 | −163 | |
| Interest and other income | 18 | 15 | 19 | 6 | |
| Other loss, net | −20 | −12 | −19 | −21 | |
| Gain (loss) on extinguishment of debt | −2 | −5 | 10 | −1 | |
| Gain on investments, net | 11 | 0 | 4 | 44 | |
| Equity interests income (loss) | −3 | 4 | 9 | 500,000 | |
| Loss from continuing operations before income taxes | −159 | −277 | −240 | 5 | |
| Income tax provision | −16 | −17 | −22 | −14 | |
| Net loss from continuing operations, net of income taxes | −176 | −295 | −261 | — | |
| Net loss from discontinued operations, net of income taxes | −17 | −79 | −855 | — | |
| Net loss | −192 | −374 | −1,116 | −9 | |
| Net (income) loss attributable to noncontrolling interests | −6 | 12 | 13 | 9 | |
| Net loss attributable to Lionsgate Studios Corp. shareholders | −198 | −362 | −1,103 | −300,000 | |
| Net loss from continuing operations | −182 | −283 | −248 | — | |
| Net loss from discontinued operations, net of tax | −17 | −79 | −855 | — | |
| Basic net loss per common share - continuing operations (in dollars per share) | −0.64 | −1.12 | −1.07 | — | |
| Basic net loss per common share - discontinued operations (in dollars per share) | −0.06 | −0.31 | −3.51 | — | |
| Basic net loss per common share (in dollars per share) | −0.7 | −1.43 | −4.58 | 0 | |
| Diluted net loss per common share - continuing operations (in dollars per share) | −0.64 | −1.12 | −1.07 | — | |
| Diluted net loss per common share - discontinued operations (in dollars per share) | −0.06 | −0.31 | −3.51 | — | |
| Diluted net loss per common share (in dollars per share) | −0.7 | −1.43 | −4.58 | 0 | |
| Basic (in shares) | 285 | 249 | 244 | 253 | |
| Diluted (in shares) | 285 | 249 | 244 | 253 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 342 | 213 | 277 | — | — | |
| Accounts receivable, net | 785 | 586 | 689 | — | — | |
| Other current assets | 362 | 362 | 373 | — | — | |
| Assets of discontinued operations - current | 0 | 76 | — | — | — | |
| Total current assets | 1,489 | 1,236 | 1,372 | — | — | |
| Investment in films and television programs, net | 2,128 | 1,994 | 1,929 | — | — | |
| Property and equipment, net | 35 | 34 | 37 | — | — | |
| Investments | 41 | 78 | 75 | — | — | |
| Intangible assets, net | 26 | 21 | 26 | — | — | |
| Goodwill | 847 | 809 | 811 | 796 | — | |
| Other noncurrent assets | 761 | 827 | 853 | — | — | |
| Assets of discontinued operations - noncurrent | 0 | 1,824 | — | — | — | |
| Total assets | 5,327 | 6,822 | 5,103 | — | — | |
| Accounts payable | 213 | 257 | 247 | — | — | |
| Content related payables - current | 38 | 35 | 41 | — | — | |
| Accrued expenses and other current liabilities | 354 | 229 | 282 | — | — | |
| Participations and residuals | 616 | 643 | 648 | — | — | |
| Film related obligations - current | 1,293 | 1,618 | 1,393 | — | — | |
| Debt - current | 162 | 134 | 860 | — | — | |
| Deferred revenue - current | 370 | 202 | 171 | — | — | |
| Liabilities of discontinued operations - current | 0 | 351 | — | — | — | |
| Total current liabilities | 3,047 | 3,467 | 3,642 | — | — | |
| Debt - noncurrent | 1,778 | 1,839 | 923 | — | — | |
| Participations and residuals | 485 | 409 | 435 | — | — | |
| Film related obligations - noncurrent | 657 | 365 | 545 | — | — | |
| Other noncurrent liabilities | 308 | 417 | 453 | — | — | |
| Deferred revenue - noncurrent | 88 | 169 | 118 | — | — | |
| Deferred tax liabilities | 14 | 13 | 14 | — | — | |
| Liabilities of discontinued operations - noncurrent | 0 | 401 | — | — | — | |
| Total liabilities | 6,377 | 7,081 | 6,130 | — | — | |
| Commitments and contingencies (Note 18) | — | — | — | — | — | |
| Redeemable noncontrolling interest | 114 | 94 | 123 | — | — | |
| Common shares | 2,497 | 312 | 0 | — | — | |
| Accumulated deficit | −3,733 | −3,534 | −1,249 | — | — | |
| Accumulated other comprehensive income | 43 | 73 | 97 | — | — | |
| Total Lionsgate Studios Corp. shareholders equity (deficit) | −1,193 | −265 | −1,152 | — | — | |
| Noncontrolling interests | 29 | −88 | 2 | — | — | |
| Total equity (deficit) | −1,164 | −353 | −311 | 786 | −260 | |
| Total liabilities, redeemable noncontrolling interests and equity (deficit) | 5,327 | 6,822 | 5,103 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 |
|---|---|---|---|---|---|
| Depreciation and amortization | 18 | 18 | 16 | 18 | |
| Amortization of films and television programs | 1,023 | 1,173 | 930 | 1,649 | |
| Amortization of debt financing costs and other non-cash interest | 8 | 25 | 27 | 22 | |
| Non-cash share-based compensation | 78 | 57 | 70 | 73 | |
| Other non-cash items | 59 | 39 | 49 | 60 | |
| Non-cash charge from modification of an equity award | 0 | 0 | 49 | 0 | |
| Content and other impairments | 17 | 35 | 13 | 6 | |
| Deferred income taxes | 3 | −400,000 | 600,000 | 2 | |
| Accounts receivable, net | 29 | 183 | 96 | −137 | |
| Investment in films and television programs, net | −1,184 | −1,197 | −698 | −1,568 | |
| Other assets | 57 | −66 | 6 | −45 | |
| Accounts payable and accrued liabilities | −73 | −115 | −37 | 57 | |
| Participations and residuals | 47 | −35 | 27 | 138 | |
| Content related payables | −3 | −13 | −25 | −11 | |
| Deferred revenue | 50 | 88 | −6 | −25 | |
| Net Cash Flows Provided By (Used In) Operating Activities - Continuing Operations | −53 | −102 | 234 | — | |
| Net Cash Flows Provided By (Used In) Operating Activities - Discontinued Operations | 78 | −64 | 163 | — | |
| Net Cash Flows Provided By (Used In) Operating Activities | 25 | −166 | 397 | 346 | |
| Acquisition of businesses, net of cash acquired | −29 | 0 | −331 | 0 | |
| Net proceeds from purchase price adjustments for eOne acquisition | 0 | 12 | 0 | 0 | |
| Proceeds from the sale of equity method and other investments | 37 | 2 | 5 | — | |
| Investments in equity method investees and other | −2 | −2 | −13 | −18 | |
| Asset acquisition (film library and related assets) | 0 | −35 | 0 | 0 | |
| Repayment (increase) of loans receivable, net | 600,000 | 2 | −4 | — | |
| Capital expenditures | −13 | −14 | −10 | −7 | |
| Net Cash Flows Used In Investing Activities - Continuing Operations | −7 | −35 | −352 | — | |
| Net Cash Flows Used In Investing Activities - Discontinued Operations | −2 | −18 | −25 | — | |
| Net Cash Flows Used in Investing Activities | −9 | −53 | −377 | 31 | |
| Debt - borrowings, net of debt issuance and redemption costs | 2,950 | 4,235 | 3,145 | 1,523 | |
| Debt - repurchases and repayments | −3,001 | −4,443 | −2,673 | −1,746 | |
| Film related obligations - borrowings | 2,510 | 1,986 | 1,821 | 1,585 | |
| Film related obligations - repayments | −2,564 | −1,960 | −1,943 | −957 | |
| Cash settlement in connection with Starz Separation refinancing (see Note 8) | 263 | 0 | 0 | — | |
| Sale of noncontrolling interest in Legacy Lionsgate Studios Corp. (see Note 3) | −4 | 282 | 0 | — | |
| Purchase of noncontrolling interest | 0 | −7 | −195 | −37 | |
| Distributions to noncontrolling interest | −7 | −10 | −2 | −8 | |
| Exercise of stock options | 400,000 | 700,000 | 500,000 | — | |
| Tax withholding required on equity awards | −14 | −29 | −32 | 0 | |
| Net Cash Flows Provided By Financing Activities - Continuing Operations | 133 | 54 | 122 | — | |
| Net Cash Flows Provided By (Used In) Financing Activities - Discontinued Operations | −22 | 91 | −83 | — | |
| Net Cash Flows Provided By Financing Activities | 111 | 144 | 40 | −395 | |
| Net Change In Cash, Cash Equivalents and Restricted Cash | 127 | −75 | 60 | −17 | |
| Foreign Exchange Effects on Cash, Cash Equivalents and Restricted Cash | 1 | −5 | −1 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Lionsgate Studios Corp.'s CIK number?
Lionsgate Studios Corp.'s SEC CIK number is 0002052959 (2052959). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Lionsgate Studios Corp.'s SEC filings?
All of Lionsgate Studios Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Lionsgate Studios Corp. last report earnings?
Lionsgate Studios Corp. (LION) most recently filed an earnings 8-K with the SEC on May 21, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0002052959-26-000043). This is Lionsgate Studios Corp.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Lionsgate Studios Corp.'s most recent earnings 8-K?
Lionsgate Studios Corp.'s latest earnings 8-K (Item 2.02) was filed May 21, 2026 under accession 0002052959-26-000043. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Lionsgate Studios Corp.'s latest earnings 8-K →
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