Lionsgate Sees Q2 Loss

Lionsgate has reported revenues of $475.1 million in the second quarter of the 2026 fiscal year, down from $604 million in the same period last year.

Revenues of the motion pictures segment were $276.4 million, down in part due to a difficult comparison with last year, which had five wide theatrical releases compared to just two this quarter. Segment profit of $30.5 million was up.

The television production segment delivered revenues of $198.7 million and segment profit of $12.5 million, reflecting the timing of episodic deliveries.

Despite the overall loss, trailing 12-month library revenues increased 13 percent from the prior-year quarter to a record $1 billion. Backlog, which represents contractual commitments for future revenues not yet recorded, grew 31 percent sequentially to nearly $1.6 billion.

“We reported a quarter in line with our financial expectations, with all signs pointing to significant growth over the next two quarters and through fiscal 2027,” said Jon Feltheimer, CEO of Lionsgate. “During the quarter, we readied a film slate primed to deliver strong growth over the next 18 months, refilled our television pipeline with key series renewals and breakout new shows and reported $1 billion in trailing 12-month library revenue, a record performance that highlights our entire portfolio of intellectual property.”