Earnings Releases·Nov 5, 2026, 4:09 PM ET

Lionsgate Studios — Q2 Fiscal 2027 Earnings Summary

Revenue surged 41% year-over-year to $668.8 million, while operating income flipped to a $29.1 million profit from a $46.0 million loss in the prior year period.
Adjusted net income turned positive at $20.3 million ($0.07 EPS) compared to a $56.9 million loss previously, with trailing 12-month library revenue reaching a record $1.04 billion.
Management reaffirmed confidence in fiscal 2027 adjusted OIBDA growth forecasts and anticipates doubling scripted deliveries in 2027 relative to 2026.
The company reported improved leverage of 3.7x (down 0.6x from June) and a $120.7 million adjusted free cash flow for the first half of the year.
Following the Starz Separation, previously eliminated licensing transactions are now reflected in consolidated results, driving a 56% revenue increase in the Television Production segment.