Filing Flows › CuriosityStream (CURI) › Q1 2025
CuriosityStream (CURI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
CuriosityStream (CURI) reported revenue of $15.1M for the first quarter 2025 (Q1 2025), +26% from a year earlier and +7% from the quarter before. Operating margin was 0.5%, net earnings $319K (2.1% of revenue).
CuriosityStream, Q1 2025: revenue $15.1M (+26% year over year), operating margin 0.5%, net earnings $319K, operating cash flow $1.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.1M | +7% | +26% |
| Operating profit | $79K | — | — |
| Net earnings | $319K | — | — |
| Operating cash flow | $1.9M | -37% | +189% |
| Free cash flow | $1.8M | -39% | +177% |
What changed
Revenue was $15.1M in Q1 2025, up 26% year over year and up 7% from the previous quarter. Library sales was the largest line at 36% of revenue. Library sales added $4.5M year over year (up 523%), 147% of the total change.
Operating profit was $79K, a 0.5% margin (up 31.0 points year over year). Total costs fell 4% while revenue rose 26%. Net earnings were $319K. The effective tax rate was 8.1%. Non-operating items added $268K, 77% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $1.9M (up 189% year over year), 603% of net earnings. Non-cash charges added back $41K of depreciation and amortization and $863K of share-based compensation. Working capital and other items added $699K. Capital expenditures of $77K left free cash flow of $1.8M.
Questions
What was CuriosityStream's revenue in the first quarter 2025?
CuriosityStream (CURI) reported revenue of $15.1M for the first quarter 2025 (Q1 2025), +26% from a year earlier and +7% from the quarter before.
Was CuriosityStream profitable in the first quarter 2025?
Operating profit was $79K (0.5% of revenue) and net earnings $319K.
Source: CuriosityStream 10-Q on SEC EDGAR.