Filing Flows › Starz Entertainment (STRZ) › Q3 2026
Starz Entertainment (STRZ) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Starz Entertainment (STRZ) reported revenue of $322M for the third quarter 2026 (Q3 2026), +0.5% from a year earlier and +5% from the quarter before. Operating margin was -6.6%, net loss $34.8M (10.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $322M | +5% | +0.5% |
| Operating profit | −$21.2M | — | — |
| Net earnings | −$34.8M | — | — |
| Operating cash flow | $18.9M | — | — |
| Free cash flow | $13.1M | — | — |
What changed
Revenue was $322.4M in Q3 2026, roughly flat year over year and up 5% from the previous quarter. OTT revenue was the largest line at 70% of revenue. OTT revenue added $3.8M year over year (up 2%), 253% of the total change. Linear and other revenue declined 2%.
Operating costs exceeded revenue by $21.2M, an operating margin of -6.6%. Total costs fell 3% while revenue was flat. The quarter ended with a net loss of $34.8M, narrower than the previous quarter's $189.4M loss.
Operating cash flow was $18.9M. Non-cash charges added back $67.4M of depreciation and amortization and $7.1M of share-based compensation. Working capital and other items used $20.8M. Capital expenditures of $5.8M left free cash flow of $13.1M.
Questions
What was Starz Entertainment's revenue in the third quarter 2026?
Starz Entertainment (STRZ) reported revenue of $322M for the third quarter 2026 (Q3 2026), +0.5% from a year earlier and +5% from the quarter before.
Was Starz Entertainment profitable in the third quarter 2026?
Operating loss was $21.2M (-6.6% of revenue) and net loss $34.8M.