Cineverse Corp. (CNVS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2027, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CNVS SEC filings page.
Cineverse Corp. (CNVS) reported $85.2M in revenue over the twelve months to Jun 30, 2026, up 6.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business’s earnings are highly uneven: a profitable FY2025 reversed into heavy cash use, higher leverage, and tighter short-term liquidity in FY2026.
Revenue fell from$78.2M to$65.7M while receivables rose sharply, indicating more cash was tied up in customer balances even as activity contracted. That working-capital drag helps explain operating cash flow of-$26.5M and shows why reported earnings alone would understate the strain.
The FY2025 profitability rebound was not durable: operating income of
FY2026’s
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Cineverse Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Cineverse Corp. held $3.4M in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations used $26.5M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Cineverse Corp. scores 7/100 among other emerging companies.
Cineverse Corp. had 23M shares outstanding at the end of fiscal year 2026, against 17M in fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Cineverse Corp. scores 34/100 among other emerging companies.
Not available for Cineverse Corp., and counted as zero in the overall score.
Cineverse Corp. reported revenue of $65.7M in fiscal year 2026, against $78.2M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and Cineverse Corp. scores 61/100 among other emerging companies.
Cineverse Corp.'s operations used $26.5M of cash in fiscal year 2026, against $17.4M generated in fiscal year 2025. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Cineverse Corp. scores 14/100 among other emerging companies.
Cineverse Corp.'s cash, cash equivalents and investments came to $3.4M at the end of fiscal year 2026, against $86.9M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Cineverse Corp. scores 8/100 among other emerging companies.
Cineverse Corp. scores -5.16, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($45.3M) relative to total liabilities ($86.9M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Cineverse Corp. passes 0 of 7 computable financial strength tests (2 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Cineverse Corp. reported a net loss of $8.7M while operations used $26.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Cineverse Corp. reported an operating loss of $15.2M against $457K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Cineverse Corp. generated $30.6M in revenue in Q1 2027. This represents an increase of 175.2% from the same quarter a year earlier. Against the prior quarter it is up 17.8%.
Cineverse Corp.'s EBITDA was -$2.3M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 12.5% from the same quarter a year earlier. Against the prior quarter it is up 18.3%.
Cineverse Corp. reported -$5.7M in net income in Q1 2027. This represents a decrease of 61.8% from the same quarter a year earlier. Against the prior quarter it is down 544.9%.
Cineverse Corp. earned -$0.28 per diluted share (EPS) in Q1 2027. This represents a decrease of 33.3% from the same quarter a year earlier. Against the prior quarter it is down 450.0%.
Cash & Balance Sheet
Cineverse Corp. held $4.3M in cash as of Q1 2027; long-term debt is not reported for that period.
Not reported for Q1 2027.
Not reported for Q1 2027.
Margins & Returns
Cineverse Corp.'s operating margin was -16.8% in Q1 2027, reflecting core business profitability. This is up 16.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.0 percentage points.
Cineverse Corp.'s net profit margin was -18.6% in Q1 2027, showing the share of revenue converted to profit. This is up 13.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 23.5 percentage points.
Cineverse Corp.'s ROE was -14.2% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is down 4.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 17.1 percentage points.
Not reported for Q1 2027.
Capital Allocation
None of these metrics is reported for Q1 2027.
CNVS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.6M+175.2% | $26.0M+66.7% | $16.3M-60.0% | $12.4M-3.0% | $11.1M+21.8% | $15.6M+57.9% | $40.7M+206.9% | $12.7M-2.1% |
| SG&A Expenses | $11.6M+29.8% | $12.3M+127.2% | $10.7M+14.2% | $11.4M+79.2% | $9.0M+36.4% | $5.4M-20.8% | $9.4M+46.9% | $6.4M-6.8% |
| Operating Income | -$5.1M-38.4% | -$5.4M-353.3% | -$656K-107.0% | -$5.4M-528.3% | -$3.7M-33.3% | $2.1M+115.2% | $9.4M+2109.8% | -$861K-246.9% |
| EBITDA | -$2.3M+12.5% | -$2.8M-190.0% | $547K-94.7% | -$4.3M-3873.5% | -$2.6M-37.9% | $3.1M+124.1% | $10.4M+621.5% | $113K-92.7% |
| Interest Expense | -$558K-300.7% | -$393K-131.3% | -$195K-108.3% | -$147K-143.6% | $278K-35.5% | $1.3M+340.4% | $2.3M+704.8% | $337K+72.8% |
| Income Tax | $19K+35.7% | -$2.9M-3428.7% | $19K+216.7% | $20K+233.3% | $14K+100.0% | $87K+4450.0% | $6K+125.0% | $6K-62.5% |
| Net Income | -$5.7M-61.8% | $1.3M+49.4% | -$875K-112.2% | -$5.5M-360.9% | -$3.5M-15.3% | $856K+105.8% | $7.2M+361.7% | -$1.2M-279.5% |
| EPS (Basic) | -$0.28-33.3% | $0.08+60.0% | -$0.05-113.2% | -$0.31-244.4% | -$0.21-5.0% | $0.05+104.2% | $0.38+272.7% | -$0.09-125.0% |
| EPS (Diluted) | -$0.28-33.3% | $0.08+100.0% | -$0.05-114.7% | -$0.31-244.4% | -$0.21-5.0% | $0.04 | $0.34 | -$0.09 |
| Diluted Shares (Avg) | 21M+21.7% | N/A | 19M+8.1% | 18M+17.3% | 17M+8.2% | N/A | 18M | 16M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
CNVS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $135.2M+119.7% | $130.3M+79.7% | $68.6M-14.9% | $61.9M+2.2% | $61.5M-1.3% | $72.5M+12.6% | $80.5M-3.2% | $60.6M-28.4% |
| Current Assets | $55.5M+123.4% | $50.8M+33.3% | $29.2M-42.1% | $23.3M-22.9% | $24.9M-21.1% | $38.1M+16.4% | $50.5M+39.3% | $30.2M-12.5% |
| Cash & Equivalents | $4.3M+117.6% | $3.4M-75.7% | $2.5M-59.5% | $2.3M-3.8% | $2.0M-49.8% | $13.9M+169.8% | $6.1M+9.8% | $2.4M-71.8% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $43.1M+167.9% | $38.6M+145.1% | $17.4M-48.7% | $13.7M-7.2% | $16.1M+73.5% | $15.8M+4.3% | $33.9M+106.7% | $14.8M+19.7% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $21.3M+213.2% | $21.2M+212.1% | $6.8M0.0% | $6.8M0.0% | $6.8M0.0% | $6.8M0.0% | $6.8M-67.4% | $6.8M-67.4% |
| Total Liabilities | $95.1M+274.7% | $86.9M+150.3% | $30.8M-30.1% | $24.8M-22.1% | $25.4M-22.9% | $34.7M+7.7% | $44.1M+10.5% | $31.8M-18.0% |
| Current Liabilities | $74.4M+196.0% | $63.0M+83.0% | $30.6M-29.9% | $24.5M-21.8% | $25.1M-22.5% | $34.4M+10.2% | $43.7M+19.3% | $31.4M-11.0% |
| Non-Current Liabilities | $20.7M+8477.6% | $23.9M+8169.9% | $183K-47.9% | $260K-39.8% | $241K-49.4% | $289K-70.4% | $351K-89.1% | $432K-87.9% |
| Total Equity | $40.1M+8.1% | $44.3M+14.4% | $38.6M+3.0% | $38.0M+27.6% | $37.1M+21.4% | $38.8M+16.5% | $37.4M-15.9% | $29.8M-36.7% |
| Retained Earnings | -$515.9M-2.2% | -$510.1M-1.8% | -$511.2M-1.9% | -$510.2M-0.3% | -$504.6M+0.5% | -$500.9M+0.6% | -$501.7M-2.5% | -$508.7M-4.6% |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
CNVS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$994K+93.1% | -$3.2M-125.7% | -$1.6M-121.9% | -$7.4M-8549.4% | -$14.3M-511.9% | $12.4M+1052.1% | $7.4M+336.9% | -$85K+97.1% |
| Depreciation & Amortization | $2.8M+165.1% | $2.6M+152.6% | $1.2M+27.2% | $1.1M+17.7% | $1.1M+23.1% | $1.0M+3.0% | $946K-6.5% | $974K+2.2% |
| Stock-Based Compensation | $948K+126.8% | N/A | N/A | N/A | $418K-11.1% | N/A | N/A | N/A |
| Investing Cash Flow | -$2.0M-890.4% | -$12.9M-64530.0% | -$577K-449.7% | -$660K+32.0% | -$197K-230.5% | $20K+140.8% | $165K+400.0% | -$971K-299.6% |
| Financing Cash Flow | $3.9M+51.7% | $17.0M+470.5% | $2.3M+158.6% | $8.4M+1917.3% | $2.6M+177.6% | -$4.6M-567.3% | -$3.9M-387500.0% | -$462K-31.3% |
| Share Buybacks | N/A | $0 | $0 | $0-100.0% | $0-100.0% | $0 | $0 | $27K |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid.
CNVS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -16.8%+16.5pp | -20.8%-34.4pp | -4.0%-27.2pp | -43.8%-37.0pp | -33.3%-2.8pp | 13.7% | 23.2%+19.9pp | -6.8%-11.3pp |
| Net Margin | -18.6%+13.0pp | 4.9%-0.6pp | -5.4%-22.9pp | -44.9%-35.4pp | -31.6%+1.8pp | 5.5% | 17.6%+38.2pp | -9.4%-7.0pp |
| Return on Equity | -14.2%-4.7pp | 2.9%+0.7pp | -2.3%-21.4pp | -14.6%-10.5pp | -9.5%+0.5pp | 2.2%+46.3pp | 19.1%+25.3pp | -4.0%-3.4pp |
| Return on Assets | -4.2%+1.5pp | 1.0%-0.2pp | -1.3%-10.2pp | -8.9%-7.0pp | -5.7%-0.8pp | 1.2%+24.0pp | 8.9%+12.2pp | -2.0%-1.6pp |
| Current Ratio | 0.75-0.2x | 0.81-0.3x | 0.95-0.2x | 0.950.0x | 0.990.0x | 1.11+0.1x | 1.15+0.2x | 0.960.0x |
| Debt-to-Equity | 2.37+1.7x | 1.96+1.1x | 0.80-0.4x | 0.65-0.4x | 0.68-0.4x | 0.90-0.1x | 1.18+0.3x | 1.07+0.2x |
| Asset Turnover | 0.230.0x | 0.200.0x | 0.24-0.3x | 0.200.0x | 0.180.0x | 0.21+0.1x | 0.51+0.3x | 0.21+0.1x |
Not reported in any period shown, so not listed: Gross Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.81), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Cineverse Corp. CNVS | FY2026 | $65.7M | -$8.7M | -13.2% | $45.3M | 21/100 |
| LiveOne, Inc. LVO | FY2026 | $77.1M | -$21.3M | -27.6% | $36.1M | 28/100 |
| Reading International, Inc RDI | FY2025 | $203.0M | -$14.1M | -7.0% | $45.0M | 17/100 |
| Mega Matrix Inc. MPU | FY2025 | $26.1M | -$34.3M | N/A | $9.2M | 22/100 |
Where Cineverse Corp. Ranks
Frequently Asked Questions
What is Cineverse Corp.'s annual revenue?
Cineverse Corp. (CNVS) reported $65.7M in total revenue for fiscal year 2026. This represents a -15.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Cineverse Corp.'s revenue growing?
Cineverse Corp. (CNVS) revenue declined by 15.9% year-over-year, from $78.2M to $65.7M in fiscal year 2026.
Is Cineverse Corp. profitable?
No, Cineverse Corp. (CNVS) reported a net income of -$8.7M in fiscal year 2026, with a net profit margin of -13.2%.
What is Cineverse Corp.'s EBITDA?
Cineverse Corp. (CNVS) had EBITDA of -$9.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Cineverse Corp.'s operating margin?
Cineverse Corp. (CNVS) had an operating margin of -23.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Cineverse Corp.'s net profit margin?
Cineverse Corp. (CNVS) had a net profit margin of -13.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Cineverse Corp.'s return on equity (ROE)?
Cineverse Corp. (CNVS) has a return on equity of -19.5% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Cineverse Corp.'s operating cash flow?
Cineverse Corp. (CNVS) recorded an outflow of $26.5M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Cineverse Corp.'s total assets?
Cineverse Corp. (CNVS) had $130.3M in total assets as of fiscal year 2026, including both current and long-term assets.
What is Cineverse Corp.'s current ratio?
Cineverse Corp. (CNVS) had a current ratio of 0.81 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
What is Cineverse Corp.'s debt-to-equity ratio?
Cineverse Corp. (CNVS) had a debt-to-equity ratio of 1.96 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cineverse Corp.'s return on assets (ROA)?
Cineverse Corp. (CNVS) had a return on assets of -6.6% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Cineverse Corp.'s P/E ratio?
Cineverse Corp. (CNVS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $45.3M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Cineverse Corp.'s price-to-sales ratio?
Cineverse Corp. (CNVS) trades at 0.5x sales, its market capitalization divided by revenue of $85.2M revenue, trailing 12 months to June 30, 2026. The market capitalization is $45.3M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Cineverse Corp.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, Cineverse Corp. (CNVS) held $3.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $26.5M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Cineverse Corp.'s Altman Z-Score?
Cineverse Corp. (CNVS) has an Altman Z-Score of -5.16, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Cineverse Corp.'s Piotroski F-Score?
Cineverse Corp. (CNVS) has a Piotroski F-Score of 0 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cineverse Corp.'s earnings high quality?
Cineverse Corp. (CNVS) reported a net loss of $8.7M while operations used $26.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Cineverse Corp. cover its interest payments?
Cineverse Corp. (CNVS) reported an operating loss of $15.2M against $457K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Cineverse Corp.?
Cineverse Corp. (CNVS) scores 21 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.