Cineverse Corp. (CNVS) Income Statement
CNVS FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsCNVS revenue and net income
Where CNVS's revenue goes
FY2026Each bar shows an amount and its share of revenue. CNVS kept −13.4% of revenue as net income.
CNVS profit margins
CNVS growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −15.9% | −1.1% | +15.9% | −4.5% |
| Gross profit | −26.1% | −2.8% | +13.7% | −8.8% |
| Operating income | −258.6% | — | — | — |
| Net income | −345.3% | — | — | — |
| EPS (diluted) | −1,000.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CNVS quarterly EPS vs estimates
Cineverse beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 13, 2026.
CNVS income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $65.7M | $78.2M | $49.1M | $68.0M | $56.1M | $31.4M | $39.3M | $53.5M | $67.7M | $90.4M |
| Cost of revenue | $36.6M | $38.8M | $19.1M | $36.4M | $20.9M | $16.1M | $17.1M | $16.1M | $19.5M | $25.1M |
| Gross profit | $29.1M | $39.4M | $30.0M | $31.7M | $35.2M | $15.3M | $22.1M | $37.4M | $48.2M | $65.3M |
| Sales, general & admin | $36.3M | $22.5M | $26.6M | $30.5M | $26.6M | $22.0M | $16.3M | — | — | — |
| Total operating expenses | $41.7M | $31.5M | $31.7M | $38.1M | $34.1M | $28.8M | $26.5M | $43.0M | $47.4M | $58.5M |
| Operating income | −$12.6M | $7.9M | −$1.7M | −$6.4M | $1.0M | −$13.5M | −$4.3M | −$5.6M | $723,000 | $6.8M |
| Interest income | — | — | — | — | $1,000 | $37,000 | $21,000 | — | — | — |
| Interest expense | $457,000 | $4.4M | $1.1M | $1.3M | $356,000 | $4.1M | $7.3M | $10.3M | $14.2M | $19.1M |
| Income before taxes | −$11.5M | $3.9M | −$21.3M | −$9.6M | $1.5M | −$63.2M | −$14.4M | −$16.0M | −$18.1M | −$14.9M |
| Income taxes | −$2.8M | $106,000 | $10,000 | $119,000 | −$788,000 | −$315,000 | $313,000 | $295,000 | $401,000 | $252,000 |
| Net income | −$8.8M | $3.6M | −$21.4M | −$9.7M | $2.2M | −$62.8M | −$14.7M | −$16.2M | −$18.5M | −$15.1M |
| EBITDA | −$6.6M | $12.0M | −$16.4M | −$4.5M | $6.4M | −$52.2M | $2.2M | $8.1M | $14.1M | $37.6M |
| EPS (diluted) | −$0.81 | $0.09 | −$0.69 | −$0.95 | −$15.24 | −$7.26 | −$2.15 | −$7.40 | −$0.08 | −$105.37 |
| Gross margin | 44.3% | 50.4% | 61.1% | 46.5% | 62.7% | 48.7% | 56.4% | 69.9% | 71.2% | 72.2% |
| Operating margin | −19.1% | 10.1% | −3.4% | −9.5% | 1.9% | −42.9% | −11.1% | −10.5% | 1.1% | 7.5% |
| Net margin | −13.4% | 4.6% | −43.6% | −14.3% | 3.9% | −199.9% | −37.5% | −30.3% | −27.3% | −16.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30.6M | $26.0M | $16.3M | $12.4M | $11.1M | $15.6M | $40.7M | $12.7M | $9.1M | $9.9M | $13.3M | $13.0M |
| Cost of revenue | $22.8M | $18.1M | $5.0M | $5.2M | $4.8M | $7.0M | $21.0M | $6.3M | $4.5M | $2.0M | $5.5M | $4.6M |
| Gross profit | $7.8M | $7.8M | $11.2M | $7.1M | $6.3M | $8.5M | $19.7M | $6.5M | $4.6M | $7.8M | $7.8M | $8.4M |
| Sales, general & admin | $9.7M | $9.3M | $9.4M | $10.1M | $6.7M | $3.7M | $8.0M | $5.3M | $6.5M | $5.5M | $6.4M | $6.8M |
| Total operating expenses | $11.2M | $11.4M | $11.9M | $12.6M | $10.0M | $6.4M | $10.3M | $7.3M | $7.4M | $21.8M | $7.4M | $7.8M |
| Operating income | −$3.3M | −$3.5M | −$656,000 | −$5.4M | −$3.7M | $2.1M | $9.4M | −$861,000 | −$2.8M | −$14.0M | $427,000 | $586,000 |
| Interest expense | $558,000 | $393,000 | $195,000 | $147,000 | — | $1.3M | $2.3M | $337,000 | $431,000 | $285,000 | $291,000 | $195,000 |
| Income before taxes | −$5.7M | −$1.6M | −$856,000 | −$5.5M | −$3.5M | $945,000 | $7.2M | −$1.2M | −$3.0M | −$14.7M | −$2.8M | −$301,000 |
| Income taxes | $19,000 | −$2.9M | $19,000 | $20,000 | $14,000 | $87,000 | $6,000 | $6,000 | $7,000 | −$2,000 | −$24,000 | $16,000 |
| Net income | −$5.7M | $1.2M | −$924,000 | −$5.6M | −$3.6M | $851,000 | $7.1M | −$1.3M | −$3.1M | −$14.7M | −$2.8M | −$357,000 |
| EBITDA | −$496,000 | −$987,000 | $542,000 | −$4.2M | −$2.6M | $3.2M | $10.5M | $114,000 | −$1.9M | −$13.4M | −$1.5M | $847,000 |
| EPS (diluted) | −$0.28 | −$0.24 | −$0.05 | −$0.31 | −$0.21 | $0.04 | $0.34 | −$0.09 | −$0.20 | −$0.06 | −$0.22 | −$0.04 |
| Gross margin | 25.6% | 30.1% | 69.0% | 57.8% | 56.8% | 54.8% | 48.5% | 50.8% | 50.9% | 79.4% | 58.8% | 64.3% |
| Operating margin | −10.8% | −13.7% | −4.0% | −43.8% | −33.3% | 13.7% | 23.2% | −6.8% | −30.4% | −141.9% | 3.2% | 4.5% |
| Net margin | −18.6% | 4.8% | −5.7% | −45.2% | −32.0% | 5.5% | 17.5% | −10.1% | −33.7% | −149.3% | −20.9% | −2.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CNVS's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CNVS financial results
In fiscal year 2026 (ended March 31, 2026), Cineverse reported revenue of $65.7 million, down 15.9% from the year before. It had a net loss of $8.8 million, a net profit margin of −13.4%. Diluted earnings per share came to −$0.81. Over five years revenue grew at an average rate of 15.9% a year.
See the CNVS stock overview for the latest quote and news, or the CNVS chart for price history and technical indicators.
CNVS income statement FAQ
What is Cineverse's annual revenue?
Cineverse reported total revenue of $65.7 million for fiscal year 2026, which ended on March 31, 2026. That was down 15.9% from $78.2 million the previous year.
Is Cineverse profitable?
No. Cineverse reported a net loss of $8.8 million in fiscal 2026, a net profit margin of −13.4%; its operating margin was −19.1%.
What is Cineverse's gross margin?
Cineverse's gross margin was 44.3% in fiscal 2026: for every $100 of revenue, Cineverse kept $44 after the direct cost of its products and services.
How fast is Cineverse growing?
Revenue grew 15.9% a year on average over the last five fiscal years, from $31.4 million to $65.7 million.
What are Cineverse's earnings per share?
Cineverse earned $-0.81 per diluted share in fiscal 2026, compared with $0.09 a year earlier.
When will Cineverse report its next earnings?
Cineverse is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Cineverse's fiscal year end?
Cineverse's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on March 31, 2026.