Jaafar Jackson as a younger Michael Jackson in Lionsgate's biopic of the late King of Pop. Glen Wilson/Lionsgate Lionsgate Studios on Thursday released its fourth quarter financial results, with the Hollywood studio without Starz reporting higher revenue and a swing to profitability for the three months ended in March.
Lionsgate posted a fourth quarter net profit attributable to shareholders at $70.2 million, compared to a year-earlier loss of $117.4 million, on overall revenue rising to $906.5 million, against overall revenues of $865.6 billion a year ago when accounting for $206.2 million in intersegment eliminations in the year-ago period before the Starz separation transaction when Lionsgate reported media networks revenue, and no longer does after the split.
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That beat an analyst estimate for fourth quarter revenues at $810.14 million. Lionsgate also saw its adjusted OIBDA rise to $165.4 million, against a year-earlier $141.6 million and beating a consensus forecast for $153.4 million. And the adjusted earnings per-share at 37 cents, compared to a year-earlier 14 cents adjusted EPS, also beat an analyst forecast of 23 cents for the latest financial period.
During the quarter to March 31, 2026, the company’s studios business, which combines the Motion Picture and TV production segments, saw Motion Picture revenue go up to $652 million, compared to $528.5 million in the same period of 2025.
The studio during the first quarter released the box office sleeper hit The Housemaid as it has earned around $400 million at the worldwide box office. Paul Feig is on board to direct a sequel for a 2027 release and the studio is developing a live stage adaptation of The Housemaid. The ancillary performance of Now You See Me: Now You Don’t also drove motion picture division revenues during the fourth quarter.
Lionsgate’s TV production revenue came to $254.6 million, against a year-earlier $543.3 million, with the fall put down to the timing of episodic deliveries, especially for The Studio as the second season moves to fiscal 2027. The segment profit, a key metric, for the Motion Picture division rose to $187.1 million, compared to $135.3 million a year-earlier.
The TV Production segment profit decreased to $30.5 million, from a year-earlier $40.6 million. Lionsgate pointed to its trailing 12-month library revenue topping $1 billion as it forecast growth for the coming year.
“All of the pieces of our business are coming together – our library has achieved a billion dollars in trailing 12-month revenue for three quarters in a row, more than half of our film, television and live entertainment slates are comprised of branded, repeatable properties, and massive hits like The Housemaid and Michael are strengthening our brand and increasing our forward visibility. We enter fiscal 27 positioned to deliver the earnings power and value creation that our shareholders expect,” Lionsgate CEO Jon Feltheimer said in a statement that accompanied his latest results.
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