Filing Flows › Cineverse (CNVS) › Q2 FY26
Cineverse (CNVS) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Nov 14, 2025
Cineverse (CNVS) reported revenue of $12.4M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and +11% from the quarter before. Operating margin was -43.8%, net loss $5.5M (44.9% of revenue).
Cineverse, Q2 FY26: revenue $12.4M (-3% year over year), operating margin -43.8%, net loss $5.5M, operating cash flow −$7.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.4M | +11% | -3% |
| Operating profit | −$5.4M | — | — |
| Net earnings | −$5.5M | — | — |
| Operating cash flow | −$7.4M | — | — |
What changed
Revenue was $12.4M in Q2 FY26, down 3% year over year and up 11% from the previous quarter. OTT Streamingand Digital was the largest line at 77% of revenue. OTT Streamingand Digital lost $531K year over year (down 5%), 139% of the total change.
Operating costs exceeded revenue by $5.4M, an operating margin of -43.8%. Total costs grew 31% against a revenue fall of 3%. The fastest-growing cost line was SG&A (+79%). The quarter ended with a net loss of $5.5M, wider than the previous quarter's $3.5M loss.
Operating cash flow was −$7.4M. Non-cash charges added back $1.1M of depreciation and amortization and $494K of share-based compensation. Working capital and other items used $3.4M.
Questions
What was Cineverse's revenue in the second quarter fiscal 2026?
Cineverse (CNVS) reported revenue of $12.4M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and +11% from the quarter before.
Was Cineverse profitable in the second quarter fiscal 2026?
Operating loss was $5.4M (-43.8% of revenue) and net loss $5.5M.
Source: Cineverse 10-Q on SEC EDGAR.