Quarterly ResultJun 26, 2026, 08:21 AM
Cineverse Q4 Revenue +67% to $26M; Net Income +51%; Reaffirms FY27 Guidance
AI Summary
Cineverse Corp. announced its Q4 FY2026 results, with revenue increasing 67% to $26.0 million and net income attributable to common stockholders rising 51% to $1.1 million. The growth was significantly boosted by $11.6 million from the recent acquisitions of Giant Worldwide and IndiCue, which are transforming the company into an AI-driven entertainment technology and studio entity. Despite a full-year net loss, the company reaffirmed its strong Fiscal Year 2027 guidance, projecting $115-$120 million in revenue and $10-$20 million in Adjusted EBITDA, with technology platforms expected to comprise over 50% of total revenue.
Key Highlights
- Q4 Revenue increased 67% to $26.0 million, driven by $11.6 million from recent acquisitions.
- Q4 Net Income attributable to common stockholders rose 51% to $1.1 million ($0.05 per share).
- Q4 Adjusted EBITDA was $0.1 million, down from $4.0 million in the prior year.
- Reaffirmed Fiscal Year 2027 revenue guidance of $115-$120 million, representing 75-83% growth.
- Reaffirmed Fiscal Year 2027 Adjusted EBITDA guidance of $10-$20 million.
- Targeted annualized cost reductions and synergies increased to approximately $10 million.
- Technology platforms are expected to represent over 50% of total FY27 revenue.
Price Impact
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