Quarterly ResultAug 13, 2026, 04:16 PM
CuriosityStream Q2 Net Income Jumps to $8.88M; Revenue Up 22%
AI Summary
CuriosityStream Inc. reported a significant increase in net income for the second quarter of 2026, reaching $8.88 million, up from $0.78 million in the prior year. Total revenues grew by 22% to $23.25 million, primarily driven by a substantial rise in licensing revenue. The company also completed the acquisition of the remaining 68% ownership in Spiegel Venture on July 1, 2026, and entered into a new $10.0 million Senior Secured Revolving Credit Facility in March 2026. Additionally, CuriosityStream divested its Curiosity University, Curiosity Audio, and Catholic Stream brands on June 30, 2026.
Key Highlights
- Acquired remaining 68% ownership of Spiegel Venture on July 1, 2026, for $2.0 million.
- Divested Curiosity University, Curiosity Audio, and Catholic Stream brands on June 30, 2026.
- Q2 2026 net income surged to $8.88 million, up from $0.78 million year-over-year.
- Q2 2026 total revenues increased 22% to $23.25 million from $19.01 million.
- Q2 2026 basic EPS rose to $0.15 from $0.01 in the prior year quarter.
- Licensing revenue grew to $14.06 million in Q2 2026, up from $9.49 million.
- Entered a $10.0 million Senior Secured Revolving Credit Facility in March 2026.
- Net cash used in operating activities was $2.95 million for six months ended June 30, 2026.
Price Impact
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