WildBrain Sees Gains in Q1

WildBrain revenues rose 16 percent year-over-year to C$120.8 million, excluding its former Canadian television business, in Q1 of the fiscal year.

The global licensing segment saw a 29 percent year-over-year increase to C$81.1 million. Josh Scherba, president and CEO of WildBrain, commented, “Our global licensing business continues to deliver strong growth, underscoring the enduring appeal of our core brands and the strength of our franchise strategy. We saw exceptional enthusiasm at Brand Licensing Europe in October for both Strawberry Shortcake and Teletubbies, as partners and retailers responded to the fresh creative direction and global momentum behind these properties. With sustained demand across categories and territories, our licensing pipeline remains robust.”

He continued, “Outside of licensing, the renewed partnership with Apple TV for Peanuts through 2030 reinforces the long-term value of this iconic brand and extends the pipeline for new series and specials to delight fans worldwide. Our audience engagement team continues to play a critical role in building audiences for brands through omni-platform distribution, content sales and marketing, fueling awareness and demand that translate directly into franchise and licensing growth. We’re well positioned to drive further brand expansion and profitability through the balance of the year.”

In Q1, content creation and audience engagement revenues decreased 3 percent to C$39.8 million, compared to C$40.8 million in Q1 of 2025. Adjusted EBITDA for Q1, meanwhile, rose 37 percent to $20.9 million, compared to $15.3 million in the same period last year.

Nick Gawne, CFO of WildBrain, added, “As we continue to sharpen our focus on higher-growth areas of the business, the exit from our television business represents an important strategic step aligned to changing consumer habits while also releasing us from ownership restrictions under Canadian broadcast regulation. This pivot allows us to redeploy resources toward initiatives that deliver stronger returns where we see the greatest potential for sustainable profitability. With a more streamlined cost structure and clearer focus, we’re positioning WildBrain for stronger financial performance and greater value creation over the long term.”