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Filing Flows › Starz Entertainment (STRZ) › Q3 2026 › vs Q3 2025

Starz Entertainment (STRZ) Q3 2026 vs Q3 2025 (year over year)

Starz Entertainment's revenue rose $1.5M (+0.5%) from $321M in Q3 2025 to $322M in Q3 2026. The biggest changes: OTT revenue +$3.8M (+2%); Linear and other revenue −$2.3M (-2%).

Starz Entertainment, Q3 2026: revenue $322M (+0.5% year over year), operating margin -6.6%, net loss $34.8M, operating cash flow $18.9M. The chart draws each line against Q3 2025, the increases inside each band.

Starz Entertainment: what changed, Q3 2026 vs Q3 2025Starz Entertainment: what changed, Q3 2026 vs Q3 2025Operating cash flow$45.0MFree cash flow (OCF − capex)$44.4MOperating cash sources$22.7MDepreciation & amortization$19.5MNet loss−$17.8MNet loss absorbed−$17.8MCosts & expenses−$14.6MOperating costs−$12.1MOther operating costs−$10.4MWorking capital & other−$4.5M

Margins

Q3 2026Q3 2025Change
Free cash flow margin4.1%-9.8%+13.8 pts

Every line

LineQ3 2026Q3 2025Change%
OTT revenue$227M$223M$3.8M+2%
Linear and other revenue$95.8M$98.1M−$2.3M-2%
Revenue$322M$321M$1.5M+0.5%
Income tax benefit$1.7M−$400K$2.1M—
Net loss$34.8M$52.6M−$17.8M-34%
Costs & expenses$359M$374M−$14.6M-4%
Operating costs$344M$356M−$12.1M-3%
Interest & other, net$15.3M$17.4M−$2.1M-12%
Sales & marketing$74.2M$78.4M−$4.2M-5%
General & admin$31.3M$28.8M$2.5M+9%
Other operating costs$238M$248M−$10.4M-4%
Operating cash sources$74.5M$51.8M$22.7M+44%
Depreciation & amortization$67.4M$47.9M$19.5M+41%
Share-based compensation$7.1M$3.9M$3.2M+82%
Net loss absorbed$34.8M$52.6M−$17.8M-34%
Working capital & other$20.8M$25.3M−$4.5M-18%
Operating cash flow$18.9M−$26.1M$45.0M—
Free cash flow (OCF − capex)$13.1M−$31.3M$44.4M—
Capital expenditures$5.8M$5.2M$600K+12%

Questions

How much did Starz Entertainment's revenue grow year over year in Q3 2026?

Starz Entertainment's revenue rose $1.5M (+0.5%) from $321M in Q3 2025 to $322M in Q3 2026.

What drove Starz Entertainment's revenue change in Q3 2026?

OTT revenue +$3.8M (+2%); Linear and other revenue −$2.3M (-2%).

Q3 2026 results → · Compare in the interactive Sankey →