Filing Flows › Cineverse (CNVS) › Q3 FY26
Cineverse (CNVS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 17, 2026
Cineverse (CNVS) reported revenue of $16.3M for the third quarter fiscal 2026 (Q3 FY26), -60% from a year earlier and +32% from the quarter before. Operating margin was -4.0%, net loss $875K (5.4% of revenue).
Cineverse, Q3 FY26: revenue $16.3M (-60% year over year), operating margin -4.0%, net loss $875K, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.3M | +32% | -60% |
| Operating profit | −$656K | — | -107% |
| Net earnings | −$875K | — | -112% |
| Operating cash flow | −$1.6M | — | -122% |
What changed
Revenue was $16.3M in Q3 FY26, down 60% year over year and up 32% from the previous quarter. OTT Streamingand Digital was the largest line at 71% of revenue. Base Distribution lost $21.0M year over year (down 86%), 86% of the total change.
Operating costs exceeded revenue by $656K, an operating margin of -4.0%. Total costs fell 46% while revenue fell 60%. The fastest-growing cost line was SG&A (+14%). The quarter ended with a net loss of $875K, narrower than the previous quarter's $5.5M loss.
Operating cash flow was −$1.6M. Non-cash charges added back $1.2M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $3.0M.
Questions
What was Cineverse's revenue in the third quarter fiscal 2026?
Cineverse (CNVS) reported revenue of $16.3M for the third quarter fiscal 2026 (Q3 FY26), -60% from a year earlier and +32% from the quarter before.
Was Cineverse profitable in the third quarter fiscal 2026?
Operating loss was $656K (-4.0% of revenue) and net loss $875K.
Source: Cineverse 10-Q on SEC EDGAR.