CuriosityStream Inc. (CURI) 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 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, 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 CURI SEC filings page.
CuriosityStream Inc. (CURI) reported $76.0M in revenue over the twelve months to Jun 30, 2026, up 24.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).
CuriosityStream’s rebound is paired with positive cash generation, but distributions and rising obligations are narrowing its financial cushion.
FY2025’s cash conversion diverged from accounting earnings: operating cash flow reached$13.1M despite a net loss, while free cash flow remained positive. The cash was not retained: dividends of$22.0M exceeded free cash flow, leaving positive cash generation alongside a weaker asset base and higher liabilities.
Operating margin moved from
Short-term flexibility narrowed: the current ratio fell from 1.7x to 1.2x, while debt-to-equity rose from 0.5x to 0.8x between FY2024 and FY2025. Together, these movements show that cash generation was accompanied by less balance-sheet room for obligations.
Financial Health Signals
Scored against emerging companies for FY2025. 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 CuriosityStream Inc.'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.
CuriosityStream Inc. held $27.3M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations generated $13.1M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and CuriosityStream Inc. scores 86/100 among other emerging companies.
CuriosityStream Inc. had 59M shares outstanding at the end of fiscal year 2025, against 58M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and CuriosityStream Inc. scores 57/100 among other emerging companies.
Not available for CuriosityStream Inc., and counted as zero in the overall score.
CuriosityStream Inc. reported revenue of $71.7M in fiscal year 2025, against $51.1M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and CuriosityStream Inc. scores 58/100 among other emerging companies.
CuriosityStream Inc.'s operations generated $13.1M of cash in fiscal year 2025, against $8.2M generated in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and CuriosityStream Inc. scores 94/100 among other emerging companies.
CuriosityStream Inc.'s cash, cash equivalents and investments came to $27.3M at the end of fiscal year 2025, against $34.2M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and CuriosityStream Inc. scores 53/100 among other emerging companies.
CuriosityStream Inc. scores -2.56, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($166.1M) relative to total liabilities ($34.2M). 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.
CuriosityStream Inc. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
CuriosityStream Inc. reported a net loss of $6.4M while generating $13.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
CuriosityStream Inc. generated $23.2M in revenue in Q2 2026. This represents an increase of 22.3% from the same quarter a year earlier. Against the prior quarter it is up 53.3%.
CuriosityStream Inc.'s EBITDA was $9.2M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1667.6% from the same quarter a year earlier. Against the prior quarter it is up 713.9%.
CuriosityStream Inc. reported $8.9M in net income in Q2 2026. This represents an increase of 1032.9% from the same quarter a year earlier. Against the prior quarter it is up 768.8%.
CuriosityStream Inc. earned $0.15 per diluted share (EPS) in Q2 2026. This represents an increase of 1400.0% from the same quarter a year earlier. Against the prior quarter it is up 850.0%.
Cash & Balance Sheet
CuriosityStream Inc. recorded an outflow of $4.2M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 249.2% from the same quarter a year earlier. Against the prior quarter it is down 443.8%.
CuriosityStream Inc. held $5.4M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
CuriosityStream Inc.'s operating margin was 39.5% in Q2 2026, reflecting core business profitability. This is up 37.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 49.7 percentage points.
CuriosityStream Inc.'s net profit margin was 38.2% in Q2 2026, showing the share of revenue converted to profit. This is up 34.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 47.0 percentage points.
CuriosityStream Inc.'s ROE was 21.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 19.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 25.1 percentage points.
Not reported for Q2 2026.
Capital Allocation
CuriosityStream Inc. spent $560K on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is up 80.1%.
Not reported for Q2 2026.
CURI 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.2M+22.3% | $15.2M+0.5% | $19.2M+35.8% | $18.4M+45.7% | $19.0M+53.4% | $15.1M+25.7% | $14.1M-4.3% | $12.6M-19.4% |
| SG&A Expenses | $5.9M-8.5% | $6.5M+30.7% | $10.6M+63.7% | $11.8M+83.9% | $6.4M+7.3% | $5.0M-13.9% | $6.5M+0.5% | $6.4M-7.7% |
| Operating Income | $9.2M+1812.5% | -$1.5M-2054.4% | -$3.4M+13.0% | -$4.5M-38.1% | $480K+118.8% | $79K+102.2% | -$3.9M+18.6% | -$3.3M+86.4% |
| EBITDA | $9.2M+1667.6% | -$1.5M-1352.5% | -$3.3M+12.9% | -$4.5M-40.1% | $522K+121.3% | $120K+103.4% | -$3.8M+17.6% | -$3.2M+86.6% |
| Income Tax | $434K+477.4% | $24K-14.3% | $301K+542.6% | -$200K-300.0% | -$115K-215.0% | $28K | -$68K-1233.3% | $100K0.0% |
| Net Income | $8.9M+1032.9% | -$1.3M-516.3% | -$3.8M-34.6% | -$3.7M-22.3% | $784K+138.6% | $319K+106.3% | -$2.8M+39.6% | -$3.1M+88.5% |
| EPS (Basic) | $0.15+1400.0% | -$0.02-300.0% | -$0.06-20.0% | -$0.060.0% | $0.01+125.0% | $0.01+111.1% | -$0.05+44.4% | -$0.06+88.0% |
| EPS (Diluted) | $0.15+1400.0% | -$0.02 | -$0.06-20.0% | -$0.060.0% | $0.01 | $0.01 | -$0.05+44.4% | -$0.06+88.0% |
| Diluted Shares (Avg) | 61M+3.2% | 59M | N/A | 58M+5.6% | 59M | 57M | N/A | 55M+3.4% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.
CURI 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $67.5M-14.2% | $69.2M-18.9% | $75.7M-12.1% | $74.7M-14.7% | $78.7M-13.5% | $85.3M-9.8% | $86.2M-14.7% | $87.6M-17.6% |
| Current Assets | $16.3M-59.6% | $27.5M-35.4% | $37.4M-5.3% | $38.0M-2.7% | $40.5M-11.3% | $42.5M-6.7% | $39.5M-12.7% | $39.1M-20.4% |
| Cash & Equivalents | $5.4M-22.5% | $16.9M+84.0% | $18.3M+134.1% | $14.1M+47.1% | $6.9M-82.4% | $9.2M-76.3% | $7.8M-79.2% | $9.6M-76.2% |
| Short-Term Investments | $1.5M-92.9% | $3.5M-85.6% | $9.0M-63.0% | $13.7M-42.1% | $21.2M | $24.3M | $24.2M | $23.6M |
| Accounts Receivable | $6.4M-43.6% | $5.8M-24.8% | $8.9M+45.7% | $9.2M+104.5% | $11.4M+146.5% | $7.7M+58.4% | $6.1M+28.2% | $4.5M-34.6% |
| Long-Term Investments | $0-100.0% | $0-100.0% | $0-100.0% | $1.5M-77.2% | $2.5M | $5.5M | $7.5M | $6.5M |
| Total Liabilities | $26.0M-9.7% | $32.7M+20.5% | $34.2M+20.9% | $27.5M+8.5% | $28.8M+10.6% | $27.1M-1.7% | $28.3M-0.1% | $25.4M-13.7% |
| Current Liabilities | $20.8M-14.7% | $28.8M+26.4% | $30.3M+27.0% | $23.5M+14.3% | $24.4M+16.4% | $22.8M0.0% | $23.9M+2.0% | $20.6M-15.2% |
| Non-Current Liabilities | $5.2M+18.0% | $3.9M-10.6% | $3.9M-12.1% | $4.0M-16.2% | $4.4M-13.3% | $4.4M-9.6% | $4.5M-10.2% | $4.8M-6.6% |
| Total Equity | $41.5M-16.8% | $36.5M-37.3% | $41.5M-28.3% | $47.2M-24.1% | $49.8M-23.1% | $58.1M-13.2% | $57.8M-20.4% | $62.2M-19.1% |
| Retained Earnings | -$338.5M-6.2% | -$342.1M-10.7% | -$335.8M-8.9% | -$327.1M-7.5% | -$318.6M-6.3% | -$309.0M-4.2% | -$308.4M-6.4% | -$304.2M-6.6% |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
CURI 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.2M-249.2% | $1.2M-37.0% | $4.0M+30.8% | $4.4M+93.7% | $2.8M+27.4% | $1.9M+188.6% | $3.0M+219.4% | $2.3M+174.8% |
| Depreciation & Amortization | $47K+11.9% | $41K0.0% | $42K-22.2% | $39K-48.0% | $42K-54.8% | $41K-65.0% | $54K-57.1% | $75K-38.0% |
| Stock-Based Compensation | N/A | $2.2M+159.7% | N/A | $7.0M+156.5% | $2.2M+67.0% | $863K+25.3% | N/A | $2.7M+203.2% |
| Capital Expenditures | $0 | $0-100.0% | $25K | $0 | $0 | $77K | $0 | $0 |
| Free Cash Flow | -$4.2M-249.2% | $1.2M-34.4% | $3.9M+30.0% | $4.4M+93.7% | $2.8M+27.4% | $1.8M+177.0% | $3.0M+219.4% | $2.3M+174.8% |
| Investing Cash Flow | -$915K-114.7% | $2.5M+23.0% | $6.2M+533.7% | $8.6M+128.7% | $6.2M | $2.1M | -$1.4M | -$30.0M-2921.0% |
| Financing Cash Flow | -$6.4M+43.1% | -$5.2M-96.4% | -$6.0M-78.3% | -$5.8M-162.0% | -$11.3M-697.1% | -$2.6M-43816.7% | -$3.4M-7048.9% | -$2.2M-11600.0% |
| Dividends Paid | $5.0M-51.6% | $4.9M+113.5% | $4.7M+238.8% | $4.6M+245.9% | $10.4M+679.3% | $2.3M | $1.4M | $1.3M |
| Share Buybacks | $560K | $311K | $0-100.0% | $0-100.0% | $0 | $0 | $33K | $192K |
CURI 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 39.5%+37.0pp | -10.2%-10.7pp | -17.6%+9.9pp | -24.5%+1.3pp | 2.5%+23.1pp | 0.5%+31.0pp | -27.4%+4.8pp | -25.8% |
| Net Margin | 38.2%+34.1pp | -8.8%-10.9pp | -19.7%+0.2pp | -20.4%+3.9pp | 4.1%+20.5pp | 2.1%+44.1pp | -19.9%+11.6pp | -24.3% |
| Return on Equity | 21.4%+19.9pp | -3.6%-4.2pp | -9.1%-4.3pp | -7.9%-3.0pp | 1.6%+4.7pp | 0.5%+8.1pp | -4.9%+1.6pp | -4.9%+29.6pp |
| Return on Assets | 13.2%+12.2pp | -1.9%-2.3pp | -5.0%-1.7pp | -5.0%-1.5pp | 1.0%+3.2pp | 0.4%+5.7pp | -3.3%+1.4pp | -3.5%+21.5pp |
| Current Ratio | 0.78-0.9x | 0.95-0.9x | 1.23-0.4x | 1.62-0.3x | 1.66-0.5x | 1.87-0.1x | 1.66-0.3x | 1.90-0.1x |
| Debt-to-Equity | 0.630.0x | 0.90+0.4x | 0.83+0.3x | 0.58+0.2x | 0.58+0.2x | 0.47+0.1x | 0.49+0.1x | 0.410.0x |
| Asset Turnover | 0.34+0.1x | 0.220.0x | 0.25+0.1x | 0.25+0.1x | 0.24+0.1x | 0.18+0.1x | 0.160.0x | 0.140.0x |
| FCF Margin | -17.9%-32.6pp | 8.0%-4.3pp | 20.5%-0.9pp | 23.8%+5.9pp | 14.7%-3.0pp | 12.2%+6.7pp | 21.5%+38.7pp | 17.9%+37.3pp |
Not reported in any period shown, so not listed: Gross Margin.
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 |
|---|---|---|---|---|---|---|
| CuriosityStream Inc. CURI | FY2025 | $71.7M | -$6.4M | -9.0% | $166.1M | 58/100 |
| The E.W. Scripps Company SSP | FY2025 | $2.2B | -$100.9M | -4.7% | $258.5M | 29/100 |
| Mediaco Holding Inc. MDIA | FY2025 | $133.3M | -$66.2M | -49.7% | $88.2M | 45/100 |
| iHeartMedia, Inc. IHRT | FY2025 | $3.9B | -$472.9M | -12.2% | $295.6M | 25/100 |
| Saga Communications, Inc. SGA | FY2025 | $107.1M | -$7.9M | -7.4% | $53.1M | 48/100 |
| Sinclair, Inc. SBGI | FY2025 | $3.2B | -$99.0M | -3.1% | $909.8M | 37/100 |
Where CuriosityStream Inc. Ranks
Frequently Asked Questions
What is CuriosityStream Inc.'s annual revenue?
CuriosityStream Inc. (CURI) reported $71.7M in total revenue for fiscal year 2025. This represents a 40.1% 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 CuriosityStream Inc.'s revenue growing?
CuriosityStream Inc. (CURI) revenue grew by 40.1% year-over-year, from $51.1M to $71.7M in fiscal year 2025.
Is CuriosityStream Inc. profitable?
No, CuriosityStream Inc. (CURI) reported a net income of -$6.4M in fiscal year 2025, with a net profit margin of -9.0%.
What is CuriosityStream Inc.'s EBITDA?
CuriosityStream Inc. (CURI) had EBITDA of -$7.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is CuriosityStream Inc.'s operating margin?
CuriosityStream Inc. (CURI) had an operating margin of -10.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is CuriosityStream Inc.'s net profit margin?
CuriosityStream Inc. (CURI) had a net profit margin of -9.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is CuriosityStream Inc.'s return on equity (ROE)?
CuriosityStream Inc. (CURI) has a return on equity of -15.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is CuriosityStream Inc.'s free cash flow?
CuriosityStream Inc. (CURI) generated $13.0M in free cash flow during fiscal year 2025. This represents a 58.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is CuriosityStream Inc.'s operating cash flow?
CuriosityStream Inc. (CURI) generated $13.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are CuriosityStream Inc.'s total assets?
CuriosityStream Inc. (CURI) had $75.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are CuriosityStream Inc.'s capital expenditures?
CuriosityStream Inc. (CURI) invested $102K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is CuriosityStream Inc.'s current ratio?
CuriosityStream Inc. (CURI) had a current ratio of 1.23 as of fiscal year 2025, which is considered adequate.
What is CuriosityStream Inc.'s debt-to-equity ratio?
CuriosityStream Inc. (CURI) had a debt-to-equity ratio of 0.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is CuriosityStream Inc.'s return on assets (ROA)?
CuriosityStream Inc. (CURI) had a return on assets of -8.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is CuriosityStream Inc.'s P/E ratio?
CuriosityStream Inc. (CURI) has no price-to-earnings ratio at the moment: outside the range published as a multiple (on $24K net income, trailing 12 months to June 30, 2026). The market capitalization is $166.1M as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is CuriosityStream Inc.'s price-to-sales ratio?
CuriosityStream Inc. (CURI) trades at 2.2x sales, its market capitalization divided by revenue of $76.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $166.1M as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is CuriosityStream Inc.'s Altman Z-Score?
CuriosityStream Inc. (CURI) has an Altman Z-Score of -2.56, 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 CuriosityStream Inc.'s Piotroski F-Score?
CuriosityStream Inc. (CURI) has a Piotroski F-Score of 4 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 CuriosityStream Inc.'s earnings high quality?
CuriosityStream Inc. (CURI) reported a net loss of $6.4M while generating $13.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, 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.
How financially healthy is CuriosityStream Inc.?
CuriosityStream Inc. (CURI) scores 58 out of 100 on our Financial Health Score, indicating moderate 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.