The Company reported first quarter studio revenue of $555.9 million, operating loss of $10.6 million and net loss from continuing operations attributable to Lionsgate shareholders of $94.0 million or $0.35 diluted loss per share on 272.3 million diluted weighted average common shares outstanding. Adjusted net loss from continuing operations attributable to Lionsgate shareholders in the quarter was $88.1 million or $0.32 adjusted diluted loss per share on 272.3 million diluted weighted average common shares outstanding. Adjusted OIBDA was a loss of $3.7 million in the quarter.
“In a post-separation transitional year for the studio, we are taking a number of important steps toward returning to solid growth in fiscal 2027,” said Lionsgate CEO Jon Feltheimer. “We have three major film tentpoles set for release in the coming fiscal year, expect to double our scripted television series deliveries next year and continue to innovate our brands across new businesses and onto new platforms. We are also continuing to create fresh revenue streams for our film and television library, contributing to another record trailing 12-month revenue performance in the quarter and increasing our visibility into the year ahead.”
Trailing 12-month library revenue increased 12% from the prior-year quarter to a record $989 million, marking the 3rd straight quarter of record trailing 12-month library revenue.
First Quarter Segment Results
Motion Picture segment revenue and segment profit decreased to $267.3 million and $2.4 million, respectively, due to a difficult comparison with the prior year, which benefited from strong carryover profits from fiscal 2024 films.
Television Production segment revenue increased 20% to $288.5 million and segment profit increased nearly 150% to $26.0 million. Revenue and segment profit growth were driven by an increase in episodic deliveries, and segment profit also benefited from higher margin new series and lower G&A.
Lionsgate senior management will hold its analyst and investor conference call to discuss fiscal 2026 first quarter results today, August 7th, at 5:00 PM ET/2:00 PM PT. Interested parties may listen to the live webcast by visiting the events page on the Lionsgate Investor Relations website. Alternatively, interested parties can join the webcast directly via the following link. A full replay will become available this evening by clicking the same link.
