Canada's WildBrain Q2 revenue up 11% on solid global licensing growth

WildBrain

12/02/2026 02:36

Overview

Canadian family entertainment firm's Q2 revenue grew 11% yr/yr, but missed analysts' expectations

Net loss from continuing operations reduced significantly compared to last year

Company announced sale of 41% stake in Peanuts to repay debt, leaving cash surplus

Outlook

WildBrain maintains pause on fiscal 2026 guidance amid transformation

Company expects investment benefits to begin in 2027

WildBrain plans to re-segment financial reporting for clarity

Result Drivers

GLOBAL LICENSING GROWTH - WildBrain's Global Licensing revenue rose 24% in Q2, driven by owned and partner brands like Strawberry Shortcake and Teletubbies

CONTENT SUCCESS - 'Finding Her Edge' on Netflix was renewed for a second season, highlighting strong content engagement

PEANUTS STAKE SALE - Sale of 41% stake in Peanuts to repay debt, providing financial flexibility for high-growth investments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
C$27.30 mln
C$128 mln (2 Analysts)
Q2 Net Income
-C$20.10 mln
Q2 Adjusted EBITDA
C$14.90 mln
Q2 Gross Margin
50.00%
Q2 Free Cash Flow
C$15.30 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the entertainment production peer group is "buy."

Wall Street's median 12-month price target for WildBrain Ltd is C$2.00, about 53.8% above its February 11 closing price of C$1.30

Press Release: ID:nNFC76tP8N

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(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.)