Filing Flows › Lionsgate Studios (LION) › Q1 FY27
Lionsgate Studios (LION) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 6, 2026
Lionsgate Studios (LION) reported revenue of $777M for the first quarter fiscal 2027 (Q1 FY27), +48% from a year earlier and -14% from the quarter before. Operating margin was 3.3%, net loss $29.3M (3.8% of revenue).
Lionsgate Studios, Q1 FY27: revenue $777M (+48% year over year), operating margin 3.3%, net loss $29.3M, operating cash flow $54.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $777M | -14% | +48% |
| Operating profit | $25.6M | -78% | — |
| Net earnings | −$29.3M | -142% | — |
| Operating cash flow | $54.1M | -80% | — |
| Free cash flow | $51.2M | -81% | — |
What changed
Revenue was $776.6M in Q1 FY27, up 48% year over year and down 14% from the previous quarter.
Operating profit was $25.6M, a 3.3% margin (up 5.3 points year over year). Total costs grew 40% against revenue growth of 48%. The fastest-growing cost line was General & admin (+78%). The quarter ended with a net loss of $29.3M, after a profit of $72.1M the previous quarter. Net interest and other expense of $47.1M was the main reason.
Operating cash flow was $54.1M. Non-cash charges added back $4.4M of depreciation and amortization and $41.1M of share-based compensation. Working capital and other items added $37.9M. Capital expenditures of $2.9M left free cash flow of $51.2M.
Questions
What was Lionsgate Studios' revenue in the first quarter fiscal 2027?
Lionsgate Studios (LION) reported revenue of $777M for the first quarter fiscal 2027 (Q1 FY27), +48% from a year earlier and -14% from the quarter before.
Was Lionsgate Studios profitable in the first quarter fiscal 2027?
Operating profit was $25.6M (3.3% of revenue) and net loss $29.3M.
Source: Lionsgate Studios 10-Q on SEC EDGAR.