CNVS · Cineverse Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.29M | $12.36M | $11.12M | $9.13M | $40.74M | $12.74M | $13.59M | $13.28M | $14.01M | $13.59M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $10.69M | $11.41M | $8.95M | $6.56M | $9.36M | $6.36M | $7.89M | $6.37M | $6.83M | $9.81M |
| Total Operating Expenses | $16.94M | $17.77M | $14.82M | $11.90M | $31.30M | $13.60M | $15.70M | $12.85M | $12.43M | $18.17M |
| D&A | $1.20M | $1.15M | $1.06M | $863.0K | $946.0K | $974.0K | $822.0K | $1.01M | $953.0K | $1.00M |
| Operating Income | ($656.0K) | ($5.41M) | ($3.70M) | ($2.78M) | $9.44M | ($861.0K) | ($2.72M) | $427.0K | $586.0K | ($4.58M) |
| Interest Expense | - | - | - | $431.0K | $2.34M | $337.0K | $295.0K | $291.0K | $195.0K | $133.0K |
| Income Tax | $19.0K | $20.0K | $14.0K | $7.0K | $6.0K | $6.0K | $20.0K | ($24.0K) | $16.0K | - |
| Net Income | ($875.0K) | ($5.54M) | ($3.52M) | ($3.05M) | $7.16M | ($1.20M) | ($3.54M) | ($2.74M) | ($317.0K) | ($6.09M) |
| EPS - Basic | ($0.05) | ($0.31) | ($0.21) | ($0.20) | $0.38 | ($0.09) | ($0.37) | ($0.22) | ($0.04) | ($0.60) |
| EPS - Diluted | ($0.05) | ($0.31) | ($0.21) | ($0.20) | $0.34 | ($0.09) | ($0.37) | ($0.22) | ($0.04) | ($0.60) |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.46M | $2.34M | $1.99M | $13.94M | $6.08M | $2.43M | $5.17M | $5.54M | $8.62M | $7.15M |
| Accounts Receivable | $17.40M | $13.75M | $16.07M | $15.75M | $33.94M | $14.81M | $8.67M | $16.42M | $12.38M | $20.85M |
| Inventory | - | - | - | - | - | - | $165.0K | - | - | $207.0K |
| Accounts Payable | $8.24M | $4.08M | $5.47M | $7.30M | $7.21M | $7.31M | $5.80M | $6.57M | $8.07M | $15.04M |
| Current Assets | $29.23M | $23.26M | $24.86M | $38.08M | $50.48M | $30.18M | $32.72M | $36.24M | $34.50M | $37.58M |
| Total Assets | $68.57M | $61.95M | $61.53M | $72.52M | $80.54M | $60.60M | $64.38M | $83.22M | $84.69M | $87.99M |
| Current Liabilities | $30.65M | $24.52M | $25.14M | $34.44M | $43.73M | $31.38M | $31.25M | $36.67M | $35.24M | $45.33M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $30.83M | $24.78M | $25.38M | $34.72M | $44.08M | $31.81M | $32.23M | $39.90M | $38.81M | $48.91M |
| Stockholders' Equity | $38.57M | $38.03M | $37.07M | $38.75M | $37.43M | $29.81M | $33.27M | $44.50M | $47.09M | $40.34M |
| Retained Earnings | ($511.25M) | ($510.24M) | ($504.56M) | ($500.91M) | ($501.67M) | ($508.69M) | ($504.15M) | ($489.34M) | ($486.48M) | ($482.39M) |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($14.52M) | ($1.71M) | - | - | ($3.26M) | - | - | ($1.20M) |
| Investing Cash Flow | - | - | ($16.0K) | ($423.0K) | - | - | ($272.0K) | - | - | ($61.0K) |
| Financing Cash Flow | - | - | $2.57M | $925.0K | - | - | $8.51M | - | - | ($284.0K) |
| CapEx | - | - | - | - | - | - | - | - | - | $41.0K |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | ($1.24M) |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -4.0% | -43.8% | -33.3% | -30.4% | 23.2% | -6.8% | -20.0% | 3.2% | 4.2% | -33.7% |
| EBITDA margin | 3.4% | -34.5% | -23.7% | -21.0% | 25.5% | 0.9% | -13.9% | 10.8% | 11.0% | -26.4% |
| Net margin | -5.4% | -44.9% | -31.6% | -33.4% | 17.6% | -9.4% | -26.0% | -20.6% | -2.3% | -44.8% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | -9.1% |
| FCF / Net income | - | - | - | - | - | - | - | - | - | 0.20 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 65.6% | 92.3% | 80.5% | 71.9% | 23.0% | 50.0% | 58.0% | 48.0% | 48.7% | 72.2% |
| Effective tax rate | - | - | - | - | 0.1% | - | - | - | - | - |
| Return on assets | -1.3% | -9.0% | -5.7% | -4.2% | 8.9% | -2.0% | -5.5% | -3.3% | -0.4% | -6.9% |
| Return on equity | -2.3% | -14.6% | -9.5% | -7.9% | 19.1% | -4.0% | -10.6% | -6.1% | -0.7% | -15.1% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.95 | 0.95 | 0.99 | 1.11 | 1.15 | 0.96 | 1.05 | 0.99 | 0.98 | 0.83 |
| Quick ratio | 0.95 | 0.95 | 0.99 | 1.11 | 1.15 | 0.96 | 1.04 | 0.99 | 0.98 | 0.82 |
| Cash ratio | 0.08 | 0.10 | 0.08 | 0.40 | 0.14 | 0.08 | 0.17 | 0.15 | 0.24 | 0.16 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | -6.4x | 4.0x | -2.6x | -9.2x | 1.5x | 3.0x | -34.5x |
| Equity multiplier | 1.78 | 1.63 | 1.66 | 1.87 | 2.15 | 2.03 | 1.93 | 1.87 | 1.80 | 2.18 |
| Liabilities / Assets | 0.45 | 0.40 | 0.41 | 0.48 | 0.55 | 0.52 | 0.50 | 0.48 | 0.46 | 0.56 |
| Efficiency | ||||||||||
| Asset turnover | 0.24 | 0.20 | 0.18 | 0.13 | 0.51 | 0.21 | 0.21 | 0.16 | 0.17 | 0.15 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 390d | 406d | 528d | 630d | 304d | 424d | 233d | 451d | 323d | 560d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | 10.7x | - | - | - | - | - |
| P / B | 1.1x | 1.6x | 2.2x | 1.3x | 1.7x | 0.5x | 0.0x | 0.4x | 0.3x | 36.5x |
| P / S | 2.5x | 5.0x | 7.3x | 5.4x | 1.6x | 1.2x | 0.0x | 1.3x | 1.0x | 108.4x |
| EV / EBITDA | 69.6x | - | - | - | 5.7x | 114.8x | - | 8.2x | 3.8x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -60.0% | -3.0% | 21.8% | -32.8% | 206.9% | -9.0% | 0.0% | -52.4% | 0.0% | -9.5% |
| Revenue CAGR (3y) | -16.4% | -4.1% | -6.5% | -15.3% | 42.5% | 8.0% | - | 10.1% | - | 31.2% |
| Revenue CAGR (5y) | 10.3% | - | - | 8.7% | 28.8% | 12.1% | 0.8% | -1.9% | 0.4% | -2.3% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -528.3% | -33.3% | -2.2% | 2109.8% | - | 40.7% | -87.6% | - | - |
| Net income growth (YoY) | - | -360.9% | -15.3% | 13.7% | - | -279.5% | 42.0% | - | 94.5% | - |
| EPS growth (YoY) | - | -244.4% | -5.0% | 45.9% | - | -125.0% | 38.3% | - | -33.3% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 3.0% | 27.6% | -4.3% | 16.5% | -15.9% | -36.7% | -17.5% | 14.4% | 42.1% | -4.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-03-31.
Product / service
$78.18M totalOTTStreamingand Digital$44.41M · 56.8%
Base Distribution$28.61M · 36.6%
Podcast And Other$4.89M · 6.3%
Other Non Recurring$266.0K · 0.3%
Peer comparison
Same SIC group: Services-Video Tape Rental
Comparing Cineverse Corp. against the 3 most active filers in the same SIC group.