Filing Flows › Lionsgate Studios (LION) › Q4 FY26
Lionsgate Studios (LION) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed May 27, 2026
Lionsgate Studios (LION) reported revenue of $906M for the fourth quarter fiscal 2026 (Q4 FY26), +5% from a year earlier and +25% from the quarter before. Operating margin was 13.0%, net earnings $70.2M (7.7% of revenue).
Lionsgate Studios, Q4 FY26: revenue $906M (+5% year over year), operating margin 13.0%, net earnings $70.2M, operating cash flow $269M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $906M | +25% | +5% |
| Operating profit | $118M | +227% | +52% |
| Net earnings | $70.2M | — | — |
| Operating cash flow | $269M | — | +39% |
| Free cash flow | $265M | — | +39% |
What changed
Revenue was $906.5M in Q4 FY26, up 5% year over year and up 25% from the previous quarter.
Operating profit was $117.6M, a 13.0% margin (up 4.0 points year over year). Of the extra revenue versus Q4 FY25, 98% reached operating profit, above the 9% margin then. Total costs grew 0% against revenue growth of 5%. The fastest-growing cost line was General & admin (+65%). Net earnings were $70.2M. The effective tax rate was 1.8%.
Operating cash flow was $268.7M (up 39% year over year), 373% of net income including minority interests. Non-cash charges added back $4.4M of depreciation and amortization and $27.1M of share-based compensation. Working capital and other items added $165.1M. Capital expenditures of $3.7M left free cash flow of $265.0M.
Questions
What was Lionsgate Studios' revenue in the fourth quarter fiscal 2026?
Lionsgate Studios (LION) reported revenue of $906M for the fourth quarter fiscal 2026 (Q4 FY26), +5% from a year earlier and +25% from the quarter before.
Was Lionsgate Studios profitable in the fourth quarter fiscal 2026?
Operating profit was $118M (13.0% of revenue) and net earnings $70.2M.
Source: Lionsgate Studios 10-K on SEC EDGAR.