Hit movies such as “The Housemaid” and “Now You See Me: Now You Don’t” boosted Lionsgate’s quarterly profit, offsetting a slump in its television business. The studio’s revenue increased 15.3% to $724.3 million. However, the company’s loss widened from $21.9 million to $46.2 million, and it reported a loss of 16 cents per share, compared with 9 cents a year earlier. This was primarily due to advertising costs associated with the holiday film.
“We like our position in the media ecosystem and the trajectory of our business,” Lionsgate CEO John Feltheimer told analysts on a post-earnings conference call. “Our film and TV pipeline is strong and our library continues to grow, replenishing it with valuable new franchises and brand-defining TV series. We are one of the world’s leading content companies today, when content is king, essential to AI, essential to partners, and the subject of every conversation about M&A and industry consolidation.”
Lionsgate’s film division, which has struggled in recent years, is showing signs of revival. Revenues rose 35% year-over-year to $421.2 million, driven by the release of mid-budget hits “The Housemaid” and “Now You See Me: Now You Don’t.” However, with the movie being released on December 19th and only a few weeks left in the reporting period, much of The Housemaids’ box office revenue will be factored into the next quarter. Segment profit decreased from $82.7 million to $58.5 million. This was driven by increased marketing spending on films released during the quarter. Feltheimer said a sequel to “The Housemaid” is expected to be produced this year.
Lionsgate’s television division’s revenue fell 25% to $303.1 million, and the division’s profit fell slightly from $60.9 million to $55.7 million. The studio blamed the decline on “the timing of episode distribution,” which it said was offset by licensing fees related to its library of shows, including “The Studio” and “The Hunting Wives.”
Lionsgate’s stock price rose slightly in after-hours trading, trading at just under $9 a share. The company appears to have slimmed down considerably since spinning off its streaming platform Starz in 2025.
