Quarterly ResultMay 15, 2026, 09:01 AM
Kartoon Studios Q1 Revenue $7.2M; Distribution Revenue Up 15%
AI Summary
Kartoon Studios reported Q1 2026 financial results, with total revenue of $7.2 million. Distribution revenue increased 15% year-over-year to $2.3 million, driven by higher engagement on Kartoon Channel! and Ameba. The company improved operating efficiency, with total operating expenses declining 20% and loss from operations narrowing by 9% to $2.8 million. Kartoon Studios also expanded its content library by licensing Mattel's "Masters of the Universe" and "American Girl" animated series, while advancing its flagship IP franchises.
Key Highlights
- Total Revenue: $7.2 million (vs. $9.5 million in Q1 2025).
- Distribution Revenue: $2.3 million, up 15% year-over-year.
- Total Operating Expenses: $10.0 million, down 20% year-over-year.
- Loss from Operations: $2.8 million, improved 9% year-over-year.
- Cash & marketable securities: $6.0 million as of March 31, 2026.
- Licensed Mattel's "Masters of the Universe (2002)" and "American Girl (2016)" animated series.
- Kartoon Channel! subscriber engagement increased over 80% year-over-year.
- Ameba subscriber engagement increased over 200% year-over-year.
Price Impact
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