Filing Flows › CuriosityStream (CURI) › Q2 2025
CuriosityStream (CURI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
CuriosityStream (CURI) reported revenue of $19.0M for the second quarter 2025 (Q2 2025), +53% from a year earlier and +26% from the quarter before. Operating margin was 2.5%, net earnings $784K (4.1% of revenue).
CuriosityStream, Q2 2025: revenue $19.0M (+53% year over year), operating margin 2.5%, net earnings $784K, operating cash flow $2.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.0M | +26% | +53% |
| Operating profit | $480K | +508% | — |
| Net earnings | $784K | +146% | — |
| Operating cash flow | $2.8M | +45% | +27% |
What changed
Revenue was $19.0M in Q2 2025, up 53% year over year and up 26% from the previous quarter. Total Direct Business was the largest line at 44% of revenue. Trade and barter license fees: Content Licensing added $1.0M year over year (up 115%), 15% of the total change. Direct-to-Consumer declined 25%.
Operating profit was $480K, a 2.5% margin (up 23.1 points year over year). Total costs grew 24% against revenue growth of 53%. The fastest-growing cost line was Other operating costs (+48%). Net earnings were $784K. The effective tax rate was -19.5%. Non-operating items added $176K, 27% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $2.8M (up 27% year over year), 356% of net earnings. Non-cash charges added back $42K of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items used $251K.
Questions
What was CuriosityStream's revenue in the second quarter 2025?
CuriosityStream (CURI) reported revenue of $19.0M for the second quarter 2025 (Q2 2025), +53% from a year earlier and +26% from the quarter before.
Was CuriosityStream profitable in the second quarter 2025?
Operating profit was $480K (2.5% of revenue) and net earnings $784K.
Source: CuriosityStream 10-Q on SEC EDGAR.