Filing Flows › CuriosityStream (CURI) › Q3 2025
CuriosityStream (CURI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
CuriosityStream (CURI) reported revenue of $18.4M for the third quarter 2025 (Q3 2025), +46% from a year earlier and -3% from the quarter before. Operating margin was -24.5%, net loss $3.7M (20.4% of revenue).
CuriosityStream, Q3 2025: revenue $18.4M (+46% year over year), operating margin -24.5%, net loss $3.7M, operating cash flow $4.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.4M | -3% | +46% |
| Operating profit | −$4.5M | -1036% | — |
| Net earnings | −$3.7M | -578% | — |
| Operating cash flow | $4.4M | +57% | +94% |
What changed
Revenue was $18.4M in Q3 2025, up 46% year over year and down 3% from the previous quarter. Library sales was the largest line at 47% of revenue. Library sales added $7.0M year over year (up 425%), 122% of the total change. Direct-to-Consumer declined 27%.
Operating costs exceeded revenue by $4.5M, an operating margin of -24.5%. Total costs grew 44% against revenue growth of 46%. The fastest-growing cost line was General & admin (+84%). The quarter ended with a net loss of $3.7M, after a profit of $784K the previous quarter.
Operating cash flow was $4.4M (up 94% year over year). Non-cash charges added back $39K of depreciation and amortization and $7.0M of share-based compensation. Working capital and other items added $1.1M.
Questions
What was CuriosityStream's revenue in the third quarter 2025?
CuriosityStream (CURI) reported revenue of $18.4M for the third quarter 2025 (Q3 2025), +46% from a year earlier and -3% from the quarter before.
Was CuriosityStream profitable in the third quarter 2025?
Operating loss was $4.5M (-24.5% of revenue) and net loss $3.7M.
Source: CuriosityStream 10-Q on SEC EDGAR.