CuriosityStream Q2 revenue beats expectations on licensing strength, outlook raised

CuriosityStream

12/08/2026 21:19

Overview
US factual entertainment firm's Q2 revenue rose 22%, beating analyst expectations
Record adjusted EBITDA for Q2 rose 276% to $11.4 mln
Company raised full-year revenue and adjusted EBITDA outlook

Outlook
CuriosityStream raises full-year 2026 revenue outlook to $77 mln-$82 mln
Company lifts full-year 2026 adjusted EBITDA forecast to $18 mln-$22 mln
CuriosityStream expects significant revenue and cash flow growth in 2026 from subscription and licensing

Result Drivers
LICENSING GROWTH - Co said Q2 licensing revenue rose 48%, driven by new partnerships in traditional media and AI training
COST DISCIPLINE - Co said reduced operating expenses by $4.5 mln, or 24.1%, contributed to record net income and margin expansion
SUBSCRIPTION LAUNCHES - Co launched new subscriptions in Mexico and US with Apple, Sling, Dish and other partners

Company press release: ID:nACSrSnQca

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$23.25 mln
$21.32 mln (4 Analysts)
Q2 EPS
 
$0.15
 
Q2 Net Income
 
$8.88 mln
 
Q2 Gross Profit
 
$16.90 mln
 
Q2 Operating Income
 
$9.18 mln
 
Q2 Pretax Profit
 
$9.32 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy."
Wall Street's median 12-month price target for CuriosityStream Inc is $5.25, about 87.5% above its August 11 closing price of $2.80
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 46 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)