Cineverse Corp Financials
Cineverse Corp (CNVS) reported $65.7M in revenue for fiscal year 2026, down 15.9% from the prior fiscal year. 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).
Cineverse’s reported earnings swing with overhead and cash collection, making working-capital discipline more decisive than revenue alone.
The sharpest change is in cash conversion quality: operating cash flow swung from$17.4M in FY2025 to-$26.5M in FY2026, a far bigger deterioration than the income statement alone suggests. With accounts receivable rising to$38.6M and cash ending at just$3.4M , a larger share of reported sales had not yet turned into cash, pushing the business back toward external funding.
FY2026 looks less like a pure sales problem than a cost-structure reset: revenue fell about
The balance sheet became more financing-dependent in FY2026, with cash of
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.
Not available for Cineverse Corp, and counted as zero in the overall score.
Not available for Cineverse Corp, and counted as zero in the overall score.
Cineverse Corp scores -5.03, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($64.4M) 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 6 computable financial strength tests (3 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 $65.7M in revenue in fiscal year 2026. This represents a decrease of 15.9% from the prior year.
Cineverse Corp's EBITDA was -$9.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 178.4% from the prior year.
Cineverse Corp reported -$8.7M in net income in fiscal year 2026. This represents a decrease of 330.0% from the prior year.
Cineverse Corp earned -$0.49 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 406.3% from the prior year.
Cash & Balance Sheet
Cineverse Corp held $3.4M in cash as of fiscal year 2026; long-term debt is not reported for that period.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Cineverse Corp's operating margin was -23.1% in fiscal year 2026, reflecting core business profitability. This is down 33.2 percentage points from the prior year.
Cineverse Corp's net profit margin was -13.2% in fiscal year 2026, showing the share of revenue converted to profit. This is down 18.0 percentage points from the prior year.
Cineverse Corp's ROE was -19.5% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 29.2 percentage points from the prior year.
Not reported for fiscal year 2026.
Capital Allocation
Cineverse Corp repurchased no shares in fiscal year 2026. This represents a decrease of 100.0% from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
CNVS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $85.2M | $65.7M-15.9% | $78.2M+59.1% | $49.1M-27.8% | $68.0M+21.4% | $56.1M+78.4% | $31.4M-20.0% | $39.3M-26.6% | $53.5M-20.9% | $67.7M-25.1% | $90.4M-13.5% | $104.4M-1.0% | $105.5M+1.1% | $104.3M+28.7% | $81.1M+5.9% | $76.6M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | $813K | N/A | N/A | 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 | $55.2M | N/A | N/A | 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 | N/A | N/A | N/A | N/A | N/A | N/A | $144K-17.7% | $175K |
| SG&A Expenses | $46.0M | $43.3M+56.4% | $27.7M-0.8% | $27.9M-24.2% | $36.8M+24.6% | $29.6M+35.1% | $21.9M+33.8% | $16.3M-40.9% | $27.7M-2.8% | $28.5M+19.7% | $23.8M-28.7% | $33.4M+7.2% | $31.1M+18.2% | $26.3M+26.6% | $20.8M+32.4% | $15.7M |
| Operating Income | -$16.6M | -$15.2M-291.3% | $7.9M+150.5% | -$15.7M-76.0% | -$8.9M-864.3% | -$925K+93.1% | -$13.5M-209.8% | -$4.3M+22.6% | -$5.6M-877.0% | $723K-89.3% | $6.8M+132.0% | -$21.1M-139.2% | -$8.8M-238.5% | $6.4M-49.1% | $12.5M-17.5% | $15.2M |
| Interest Expense | -$1.3M | -$457K-110.5% | $4.4M+309.5% | $1.1M-17.4% | $1.3M+262.4% | $356K-91.3% | $4.1M-43.7% | $7.3M-29.5% | $10.3M-27.8% | $14.3M-25.3% | $19.1M-7.6% | $20.6M+3.7% | $19.9M+0.7% | $19.8M-30.2% | $28.3M-5.3% | $29.9M |
| Income Tax | -$2.8M | -$2.8M-2782.1% | $106K+960.0% | $10K-91.6% | $119K+115.1% | -$788K-150.2% | -$315K-200.6% | $313K+6.1% | $295K-26.4% | $401K+59.1% | $252K-27.0% | $345K | $0 | $0+100.0% | -$4.9M | $0 |
| Net Income | -$10.8M | -$8.7M-330.0% | $3.8M+117.7% | -$21.3M-119.4% | -$9.7M-526.9% | $2.3M+103.6% | -$62.9M-326.9% | -$14.7M+9.2% | -$16.2M+12.0% | -$18.5M-22.0% | -$15.1M+63.8% | -$41.7M-33.3% | -$31.3M-21.0% | -$25.9M-22.8% | -$21.1M+8.6% | -$23.0M |
| EPS (Diluted) | — | -$0.49-406.3% | $0.16 | -$1.78-57.5% | -$1.13-665.0% | $0.20 | -$0.49 | -$0.34 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CNVS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $130.3M+79.7% | $72.5M+12.6% | $64.4M-26.8% | $88.0M-15.9% | $104.6M+38.7% | $75.4M-31.7% | $110.4M+11.7% | $98.8M-18.4% | $121.2M0.0% | $121.2M-42.1% | $209.4M-23.3% | $273.0M-23.6% | $357.2M+26.9% | $281.5M-3.0% | $290.1M |
| Current Assets | $50.8M+33.3% | $38.1M+16.4% | $32.7M-12.9% | $37.6M-28.0% | $52.2M+20.9% | $43.1M-24.4% | $57.0M-12.1% | $64.9M-12.5% | $74.2M-14.2% | $86.5M-15.1% | $101.8M-4.8% | $106.9M-21.2% | $135.7M+130.2% | $59.0M-7.0% | $63.4M |
| Cash & Equivalents | $3.4M-75.7% | $13.9M+169.8% | $5.2M-27.8% | $7.2M-45.2% | $13.1M-22.5% | $16.8M+17.9% | $14.3M-20.0% | $17.9M-0.4% | $18.0M+42.9% | $12.6M-50.7% | $25.5M0.0% | $25.5M-49.3% | $50.2M+273.4% | $13.4M-24.6% | $17.8M |
| Inventory | N/A | N/A | N/A | $207K+78.4% | $116K-30.1% | $166K-71.5% | $582K-13.5% | $673K-15.0% | $792K-30.3% | $1.1M-43.8% | $2.0M-36.9% | $3.2M+1.5% | $3.2M+2391.3% | $127K | N/A |
| Accounts Receivable | $38.6M+145.1% | $15.8M+4.3% | $15.1M-27.5% | $20.8M-32.4% | $30.8M+46.2% | $21.1M-39.4% | $34.8M-2.0% | $35.5M-6.9% | $38.1M-28.9% | $53.6M+1.3% | $52.9M-11.2% | $59.6M+4.8% | $56.9M+93.5% | $29.4M+19.9% | $24.5M |
| Goodwill | $21.2M+212.1% | $6.8M0.0% | $6.8M-67.4% | $20.8M-1.2% | $21.1M+142.3% | $8.7M0.0% | $8.7M0.0% | $8.7M0.0% | $8.7M0.0% | $8.7M0.0% | $8.7M-67.4% | $26.7M+4.7% | $25.5M+198.5% | $8.5M+48.2% | $5.8M |
| Total Liabilities | $86.9M+150.3% | $34.7M+7.7% | $32.2M-34.1% | $48.9M-23.2% | $63.7M+6.9% | $59.6M-54.1% | $129.7M-4.2% | $135.4M-5.6% | $143.5M-24.7% | $190.7M-32.5% | $282.4M-3.3% | $292.2M-15.8% | $347.0M+16.1% | $298.8M-0.9% | $301.6M |
| Current Liabilities | $63.0M+83.0% | $34.4M+10.2% | $31.2M-31.1% | $45.3M-20.5% | $57.0M-0.7% | $57.4M-55.2% | $128.0M+12.6% | $113.7M+49.0% | $76.3M-25.1% | $101.9M+1.0% | $100.8M-26.8% | $137.8M-2.1% | $140.7M+81.1% | $77.7M+28.6% | $60.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $19.1M0.0% | $19.1M-69.6% | $63.0M-63.0% | $170.2M+22.1% | $139.4M | N/A | $203.5M-8.6% | $222.7M |
| Total Equity | $44.3M+14.4% | $38.8M+16.5% | $33.3M-17.5% | $40.3M-4.5% | $42.3M+145.0% | $17.2M+195.7% | -$18.0M+49.0% | -$35.3M-67.6% | -$21.0M+69.7% | -$69.5M+3.3% | -$71.8M-278.9% | -$19.0M-285.4% | $10.2M+159.1% | -$17.3M-50.9% | -$11.5M |
| Retained Earnings | -$510.1M-1.8% | -$500.9M+0.6% | -$504.2M-4.5% | -$482.4M-2.1% | -$472.3M+0.4% | -$474.1M-15.4% | -$410.9M-3.8% | -$395.8M-4.4% | -$379.2M-5.2% | -$360.4M-5.2% | -$342.4M-14.0% | -$300.4M-11.8% | -$268.7M-10.8% | -$242.5M-9.7% | -$221.0M |
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.
| Metric | TTM | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$13.1M | -$26.5M-252.5% | $17.4M+264.0% | -$10.6M-20.4% | -$8.8M-280.3% | $4.9M+124.4% | -$20.0M-357.8% | $7.8M-30.0% | $11.1M-50.5% | $22.4M-29.3% | $31.7M+24.3% | $25.5M+176.9% | $9.2M-76.7% | $39.6M+34.8% | $29.4M-26.5% | $39.9M |
| Capital Expenditures | N/A | N/A | N/A | $1.1M-15.9% | $1.3M+302.2% | $316K-95.1% | $6.5M | N/A | 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 | -$11.7M-15.8% | -$10.1M-320.6% | $4.6M+117.2% | -$26.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$16.1M | -$14.3M-2155.1% | -$635K-19.6% | -$531K+58.2% | -$1.3M+89.7% | -$12.3M-619.4% | -$1.7M-37.1% | -$1.2M+36.7% | -$2.0M-111.6% | -$931K-91.6% | -$486K+65.0% | -$1.4M-370.2% | $514K+101.0% | -$52.0M-1123.7% | -$4.3M+75.5% | -$17.3M |
| Financing Cash Flow | $31.6M | $30.2M+477.9% | -$8.0M-187.6% | $9.1M+119.8% | $4.2M+57.7% | $2.6M-89.1% | $24.3M+340.5% | -$10.1M-9.7% | -$9.2M+42.8% | -$16.1M+63.6% | -$44.1M-150.3% | -$17.6M+56.9% | -$40.9M-183.2% | $49.2M+266.6% | -$29.5M-90.1% | -$15.5M |
| Share Buybacks | N/A | $0-100.0% | $215K | $0 | N/A | $4.8M | N/A | N/A | $0-100.0% | $163K | $0-100.0% | $2.7M | $0 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CNVS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | 98.6% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -23.1%-33.2pp | 10.1%+42.1pp | -32.0%-18.9pp | -13.1%-11.5pp | -1.7%+41.2pp | -42.9%-31.8pp | -11.1%-0.6pp | -10.5%-11.6pp | 1.1%-6.4pp | 7.5%+27.7pp | -20.3%-11.9pp | -8.4%-14.5pp | 6.1%-9.3pp | 15.5%-4.4pp | 19.9% |
| Net Margin | -13.2%-18.0pp | 4.8%+48.1pp | -43.3%-29.0pp | -14.2%-18.3pp | 4.0% | -200.2% | -37.5%-7.2pp | -30.3%-3.1pp | -27.3%-10.5pp | -16.7%+23.2pp | -40.0%-10.3pp | -29.7%-4.9pp | -24.8%+1.2pp | -26.0%+4.1pp | -30.1% |
| Return on Equity | -19.5%-29.2pp | 9.7%+73.6pp | -63.9%-39.9pp | -24.0%-29.4pp | 5.4%+370.2pp | -364.8% | N/A | N/A | N/A | N/A | N/A | N/A | -252.9% | N/A | N/A |
| Return on Assets | -6.6%-11.8pp | 5.2%+38.2pp | -33.0%-22.0pp | -11.0%-13.2pp | 2.2%+85.5pp | -83.4%-70.0pp | -13.3%+3.1pp | -16.4%-1.2pp | -15.2%-2.7pp | -12.5%+7.5pp | -19.9%-8.5pp | -11.5%-4.2pp | -7.2%+0.2pp | -7.5%+0.5pp | -7.9% |
| Current Ratio | 0.81-0.3x | 1.11+0.1x | 1.05+0.2x | 0.83-0.1x | 0.92+0.2x | 0.75+0.3x | 0.45-0.1x | 0.57-0.4x | 0.97+0.1x | 0.85-0.2x | 1.01+0.2x | 0.78-0.2x | 0.96+0.2x | 0.76-0.3x | 1.05 |
| Debt-to-Equity | 1.96+1.1x | 0.90-0.1x | 0.97-0.2x | 1.21-0.3x | 1.51-1.9x | 3.45 | N/A | N/A | N/A | N/A | N/A | N/A | 33.93 | N/A | N/A |
| FCF Margin | N/A | N/A | -23.7%-8.9pp | -14.8%-22.9pp | 8.1%+92.5pp | -84.3% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net 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
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 cash runway?
Based on fiscal year 2026 data, Cineverse Corp (CNVS) had $3.4M in cash against an annual operating cash burn of $26.5M. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Cineverse Corp's Altman Z-Score?
Cineverse Corp (CNVS) has an Altman Z-Score of -5.03, 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 6 computable signals; 3 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 17 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.