Revenue increased and profits rebounded during Lionsgate‘s most recent quarter thanks to the box office success of “The Housemaid.”
Overall revenue hit $906.5 million, which compared favorably to the $865.6 billion in revenues that Lionsgate reported a year ago. The rise in sales was driven primarily by the motion picture group, which saw revenue up 23% and segment profit up 39%. The favorable earnings picture comes after the movies division has recaptured its former glory after a sustained theatrical slump, releasing hits like “The Long Walk” and “Now You See Me: Now You Don’t.”
More important, Lionsgate swung to a net profit of $70.2 million. A year earlier, the company posted a loss of $117.4 million. It also logged 37 cents in adjusted earnings per share, with adjusted OIBDA of $165.4 million in the quarter.
That beat Wall Street’s expectations. Analysts had expected the studio to earn 23 cents per share on revenue of $810.6 million for the quarter ended March 31, as well as adjusted OIBDA $154.3 million.
In addition to “The Housemaid,” the film studio released sequels to “Greenland” and “The Strangers” during the period. Revenue for the division increased to $652 million, up from $528.5 million in the same period of 2025. Segment profit hit $187.1 million compared to $135.3 million in the year-ago period. The earnings period, which ended in March, didn’t include ticket sales for “Michael,” the studio’s blockbuster musical biopic, which hit theaters in April.
Lionsgate’s TV arm releases shows like the Apple TV+ hit “The Studio,” as well as “Yellowjackets” and “The Rainmaker.” Revenue for the division was down sharply due to timing of delivery of episodes, coming in at $254.6 million compared to $543.3 million in the year-ago period. Segment profits also fell to $30.5 million, off from $40.6 million during the prior-year quarter.
More to come…
