Filing Flows › CuriosityStream (CURI) › Q4 2025
CuriosityStream (CURI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 12, 2026
CuriosityStream (CURI) reported revenue of $19.2M for the fourth quarter 2025 (Q4 2025), +36% from a year earlier and +5% from the quarter before. Operating margin was -17.6%, net loss $3.8M (19.7% of revenue).
CuriosityStream, Q4 2025: revenue $19.2M (+36% year over year), operating margin -17.6%, net loss $3.8M, operating cash flow $4.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.2M | +5% | +36% |
| Operating profit | −$3.4M | — | — |
| Net earnings | −$3.8M | — | — |
| Operating cash flow | $4.0M | -9% | +31% |
| Free cash flow | $3.9M | -10% | +30% |
What changed
Revenue was $19.2M in Q4 2025, up 36% year over year and up 5% from the previous quarter. Library sales was the largest line at 51% of revenue.
Operating costs exceeded revenue by $3.4M, an operating margin of -17.6%. Total costs grew 25% against revenue growth of 36%. The fastest-growing cost line was General & admin (+64%). The quarter ended with a net loss of $3.8M, wider than the previous quarter's $3.7M loss.
Operating cash flow was $4.0M (up 31% year over year). Non-cash charges added back $42K of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items added $3.4M. Capital expenditures of $25K left free cash flow of $3.9M.
Questions
What was CuriosityStream's revenue in the fourth quarter 2025?
CuriosityStream (CURI) reported revenue of $19.2M for the fourth quarter 2025 (Q4 2025), +36% from a year earlier and +5% from the quarter before.
Was CuriosityStream profitable in the fourth quarter 2025?
Operating loss was $3.4M (-17.6% of revenue) and net loss $3.8M.
Source: CuriosityStream 10-K on SEC EDGAR.