Lionsgate Q1 boosted by Michael biopic
August 7, 2026



Lionsgate has reported Q1 2025 revenue of $776.6 million (€673.7m), operating income of $25.6 million and net loss from continuing operations attributable to shareholders of $28.8 million.

“I’m pleased to report another quarter of strong financial results and growing momentum across our business,” said Lionsgate CEO Jon Feltheimer. “As we continue to execute our franchise strategy across a deep portfolio of branded intellectual properties, generate increased visibility and stability from our film and television library, and benefit from continued improvement in our operating environment, we are positioned to deliver strong growth in fiscal 2027 and beyond.”


Trailing 12-month library revenue was $987 million. Filmed entertainment backlog (contractual future revenue not yet recognised) increased 21 per cent year-over-year to $1.5 billion. Driven by strong free cash flow, leverage improved by nearly two turns from the March quarter to 4.3x trailing 12-month adjusted OIBDA.

Q1 Segment Results

Motion Picture segment revenue of $587.3 million more than doubled from the prior year quarter and segment profit was $105 million, a record for the first quarter. The results were driven by the success of recent theatrical releases, including the billion-dollar worldwide box office performance of Michael, the highest-grossing biopic of all time, and the strong ancillary performance of The Housemaid.

Television Production segment revenue of $189.3 million and segment profit of $10.2 million declined from the prior year quarter due to the timing of episodic deliveries. The company continues to anticipate doubling scripted deliveries in fiscal 2027 relative to fiscal 2026.