In Lionsgate’s most recent quarter, the box office success of “The House Made” led to increased sales and a rebound in profits.
Overall revenue reached $906.5 million, which compared favorably to the $865.6 billion in revenue Lionsgate reported in the year-ago period. The increase in sales was primarily driven by the Pictures Group, where revenue increased by 23% and segment profit increased by 39%. That’s because after the theatrical slump that lasted 2025, the film sector appears to have returned to its former glory, releasing hits like “The Long Walk” and “Now You See Me: Now You Don’t.”
More importantly, Lionsgate posted net income of $70.2 million for the quarter ended March 31. The company posted a loss of $117.4 million in the year-ago period. Additionally, adjusted earnings per share for the quarter was 37 cents, and adjusted OIBDA was $165.4 million. That beat Wall Street expectations, with analysts expecting the studio to earn 23 cents per share on revenue of $810.6 million and adjusted OIBDA of $154.3 million.
“All parts of our business are coming together,” Lionsgate CEO John Feltheimer enthused in a statement.
In addition to The Housemaid, a twisty thriller based on Frieda McFadden’s best-selling novel, the studio released sequels to Greenland and The Strangers during the same period. The segment’s revenue increased to $652 million from $528.5 million in the same period in 2025. Segment profit amounted to $187.1 million, compared to $135.3 million in the same period last year. The fiscal year ended March does not include ticket sales for the studio’s hit musical biopic “Michael,” which opened in theaters in April. The studio is also scheduled to begin production later this year on the sequel to “The Housemaid,” which is scheduled to be released on December 17, 2027.
Lionsgate’s television division releases the Apple TV+ hit “The Studio,” as well as shows like “Yellowjackets” and “The Rainmakers.” The segment’s revenue decreased significantly due to the timing of episode distribution, to $254.6 million compared to $543.3 million in the same period last year. Segment profit also decreased to $30.5 million from $40.6 million in the year-ago period. Lionsgate also touted an expansion of the procedural “The Rookie” with a spinoff series, “The Rookie: North,” noting that another season of “The Studio” is scheduled to be released this year.
“Our success in the quarter was due to multiple hit films,” Feltheimer said. “We are starting to see signs that our operating environment is improving. People are returning to movie theaters. Imax, Dolby, A generation of audiences is enabling shows like ‘The Rookie’ to launch with renewed vigor. We are once again showing the resilience of our business.”
