Cineverse Corp Financials
This page shows Cineverse Corp (CNVS) financial statements, including the 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).
FY2025’s turnaround was powered by fixed-cost absorption, turning a revenue rebound into profit, cash generation, and less financing dependence.
Cash conversion outran reported profit: FY2025 produced$17.4M of operating cash flow from just$3.8M of net income. At the same time, revenue reached$78.2M while accounts receivable stayed near prior-year levels at$15.8M , a sign the rebound was being collected rather than merely booked.
The cost base looks mostly fixed in the short run: SG&A stayed near
Liquidity improved because the business became internally funded: cash ended FY2025 at
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). 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 has an operating margin of 10.1%, meaning the company retains $10 of operating profit per $100 of revenue. This below-average margin results in a low score of 6/100, suggesting thin profitability after operating expenses. This is up from -32.0% the prior year.
Cineverse Corp's revenue surged 59.1% year-over-year to $78.2M, reflecting rapid business expansion. This strong growth earns a score of 45/100.
Cineverse Corp carries a low D/E ratio of 0.90, meaning only $0.90 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 84/100, indicating a strong balance sheet with room for future borrowing.
Cineverse Corp's current ratio of 1.11 is below the typical benchmark, resulting in a score of 17/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Cineverse Corp generates a 9.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -63.9% the prior year.
Cineverse Corp scores -7.24, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($54.1M) relative to total liabilities ($34.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Cineverse Corp passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Cineverse Corp generates $4.63 in operating cash flow ($17.4M OCF vs $3.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Cineverse Corp earns $1.8 in operating income for every $1 of interest expense ($7.9M vs $4.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Cineverse Corp generated $78.2M in revenue in fiscal year 2025. This represents an increase of 59.1% from the prior year.
Cineverse Corp's EBITDA was $11.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 198.3% from the prior year.
Cineverse Corp reported $3.8M in net income in fiscal year 2025. This represents an increase of 117.7% from the prior year.
Cineverse Corp earned $0.16 per diluted share (EPS) in fiscal year 2025. This represents an increase of 109.0% from the prior year.
Cash & Balance Sheet
Cineverse Corp held $13.9M in cash against $0 in long-term debt as of fiscal year 2025.
Margins & Returns
Cineverse Corp's operating margin was 10.1% in fiscal year 2025, reflecting core business profitability. This is up 42.1 percentage points from the prior year.
Cineverse Corp's net profit margin was 4.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 48.1 percentage points from the prior year.
Cineverse Corp's ROE was 9.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 73.6 percentage points from the prior year.
Capital Allocation
Cineverse Corp spent $215K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
CNVS Income Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.3M+31.8% | $12.4M+11.1% | $11.1M-28.6% | $15.6M-61.8% | $40.7M+219.8% | $12.7M+39.6% | $9.1M-7.5% | $9.9M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $10.7M-6.3% | $11.4M+27.4% | $9.0M+65.9% | $5.4M-42.4% | $9.4M+47.1% | $6.4M-3.0% | $6.6M-3.7% | $6.8M |
| Operating Income | -$656K+87.9% | -$5.4M-46.1% | -$3.7M-274.0% | $2.1M-77.5% | $9.4M+1195.9% | -$861K+69.0% | -$2.8M+80.2% | -$14.0M |
| Interest Expense | -$195K-32.7% | -$147K-152.9% | $278K-77.8% | $1.3M-46.4% | $2.3M+595.0% | $337K-21.8% | $431K+51.2% | $285K |
| Income Tax | $19K-5.0% | $20K+42.9% | $14K-83.9% | $87K+1350.0% | $6K0.0% | $6K-14.3% | $7K+450.0% | -$2K |
| Net Income | -$875K+84.2% | -$5.5M-57.7% | -$3.5M-510.7% | $856K-88.0% | $7.2M+695.3% | -$1.2M+60.6% | -$3.0M+79.2% | -$14.7M |
| EPS (Diluted) | $-0.05+83.9% | $-0.31-47.6% | $-0.21 | N/A | $0.34+477.8% | $-0.09+55.0% | $-0.20 | N/A |
CNVS Balance Sheet
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $68.6M+10.7% | $61.9M+0.7% | $61.5M-15.1% | $72.5M-10.0% | $80.5M+32.9% | $60.6M-2.8% | $62.3M-3.2% | $64.4M |
| Current Assets | $29.2M+25.7% | $23.3M-6.5% | $24.9M-34.7% | $38.1M-24.6% | $50.5M+67.3% | $30.2M-4.3% | $31.5M-3.6% | $32.7M |
| Cash & Equivalents | $2.5M+5.4% | $2.3M+17.7% | $2.0M-85.8% | $13.9M+129.2% | $6.1M+150.4% | $2.4M-38.6% | $4.0M-23.5% | $5.2M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $17.4M+26.6% | $13.7M-14.5% | $16.1M+2.0% | $15.8M-53.6% | $33.9M+129.1% | $14.8M+59.9% | $9.3M-38.7% | $15.1M |
| Goodwill | $6.8M0.0% | $6.8M0.0% | $6.8M0.0% | $6.8M0.0% | $6.8M0.0% | $6.8M0.0% | $6.8M0.0% | $6.8M |
| Total Liabilities | $30.8M+24.4% | $24.8M-2.3% | $25.4M-26.9% | $34.7M-21.2% | $44.1M+38.6% | $31.8M-3.3% | $32.9M+2.1% | $32.2M |
| Current Liabilities | $30.6M+25.0% | $24.5M-2.4% | $25.1M-27.0% | $34.4M-21.3% | $43.7M+39.4% | $31.4M-3.2% | $32.4M+3.8% | $31.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $38.6M+1.4% | $38.0M+2.6% | $37.1M-4.3% | $38.8M+3.5% | $37.4M+25.6% | $29.8M-2.4% | $30.5M-8.2% | $33.3M |
| Retained Earnings | -$511.2M-0.2% | -$510.2M-1.1% | -$504.6M-0.7% | -$500.9M+0.2% | -$501.7M+1.4% | -$508.7M-0.3% | -$507.3M-0.6% | -$504.2M |
CNVS Cash Flow Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.6M+77.5% | -$7.2M+50.6% | -$14.5M-216.5% | $12.5M+69.1% | $7.4M+8775.3% | -$85K+96.4% | -$2.3M-79.6% | -$1.3M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$577K+31.4% | -$841K-5156.3% | -$16K-180.0% | $20K-87.9% | $165K+117.0% | -$971K-743.0% | $151K+408.2% | -$49K |
| Financing Cash Flow | $2.3M-72.9% | $8.4M+226.9% | $2.6M+156.0% | -$4.6M-18.4% | -$3.9M-739.0% | -$462K-149.9% | $925K-5.8% | $982K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0 | $0 | $0 | $0 | $0-100.0% | $27K-85.6% | $188K | $0 |
CNVS Financial Ratios
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -4.0%+39.8pp | -43.8%-10.5pp | -33.3%-46.9pp | 13.7%-9.5pp | 23.2%+29.9pp | -6.8%+23.7pp | -30.4%+111.5pp | -141.9% |
| Net Margin | -5.4%+39.5pp | -44.9%-13.3pp | -31.6%-37.1pp | 5.5%-12.1pp | 17.6%+27.0pp | -9.4%+24.0pp | -33.4%+115.4pp | -148.8% |
| Return on Equity | -2.3%+12.3pp | -14.6%-5.1pp | -9.5%-11.7pp | 2.2%-16.9pp | 19.1%+23.2pp | -4.0%+6.0pp | -10.0%+34.1pp | -44.1% |
| Return on Assets | -1.3%+7.7pp | -8.9%-3.2pp | -5.7%-6.9pp | 1.2%-7.7pp | 8.9%+10.9pp | -2.0%+2.9pp | -4.9%+17.9pp | -22.8% |
| Current Ratio | 0.950.0 | 0.95-0.0 | 0.99-0.1 | 1.11-0.0 | 1.15+0.2 | 0.96-0.0 | 0.97-0.1 | 1.05 |
| Debt-to-Equity | 0.80+0.1 | 0.65-0.0 | 0.68-0.2 | 0.90-0.3 | 1.18+0.1 | 1.07-0.0 | 1.08+0.1 | 0.97 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Cineverse Corp's annual revenue?
Cineverse Corp (CNVS) reported $78.2M in total revenue for fiscal year 2025. This represents a 59.1% 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 grew by 59.1% year-over-year, from $49.1M to $78.2M in fiscal year 2025.
Is Cineverse Corp profitable?
Yes, Cineverse Corp (CNVS) reported a net income of $3.8M in fiscal year 2025, with a net profit margin of 4.8%.
What is Cineverse Corp's EBITDA?
Cineverse Corp (CNVS) had EBITDA of $11.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Cineverse Corp's operating margin?
Cineverse Corp (CNVS) had an operating margin of 10.1% in fiscal year 2025, 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 4.8% in fiscal year 2025, 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 9.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Cineverse Corp's operating cash flow?
Cineverse Corp (CNVS) generated $17.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Cineverse Corp's total assets?
Cineverse Corp (CNVS) had $72.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Cineverse Corp's current ratio?
Cineverse Corp (CNVS) had a current ratio of 1.11 as of fiscal year 2025, which is considered adequate.
What is Cineverse Corp's debt-to-equity ratio?
Cineverse Corp (CNVS) had a debt-to-equity ratio of 0.90 as of fiscal year 2025, 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 5.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Cineverse Corp's Altman Z-Score?
Cineverse Corp (CNVS) has an Altman Z-Score of -7.24, 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 6 out of 9, indicating neutral financial health. 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) has an earnings quality ratio of 4.63x, considered cash-backed (high quality). 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) has an interest coverage ratio of 1.8x, meaning it can struggle to cover its interest obligations. 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 25 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.