Lionsgate Studios Corp. reported a strong close to fiscal year 2025, with fourth-quarter revenue climbing to $1.1 billion, a 22% increase year-over-year, according to the company's earnings release for the period ended March 31, 2025. The company delivered net income attributable to shareholders of $21.9 million, or $0.10 per diluted share, while adjusted net income rose to $60.9 million, or $0.21 per adjusted diluted share. Adjusted OIBDA surged 49% to $138.3 million, and operating income grew significantly to $94.2 million.
The performance was underpinned by Lionsgate’s Motion Picture segment, which posted its highest quarterly segment profit in a decade. Revenues in the division reached $526.4 million, up 28% from the prior year, while segment profit jumped 65% to $135.3 million. The strong performance was driven by the box office success of mid-budget releases such as “Den of Thieves 2: Pantera” and “Flight Risk,” alongside robust library demand and reduced promotional expenditures.
The Television Production segment also delivered growth, with revenues rising 16% to $543.3 million, attributed to a sharp increase in episodic deliveries compared to the prior year, which had been impacted by industry strikes. However, segment profit declined to $40.6 million, reflecting a tough comparison with a significant library sale that boosted results in the same quarter last year.
Lionsgate CEO Jon Feltheimer noted, “The same strengths that drove the quarter—another outsized library performance, a diversified motion picture business model, fiscal discipline, and the ability to deliver premium television programming to a changing mix of buyers—will continue to be the catalysts of our success as a standalone studio.” The company recently completed its separation from the Starz business, operating independently as Lionsgate Studios Corp. under the ticker “LION.”
Lionsgate’s trailing 12-month library revenue reached a record $956 million, an 8% increase year-over-year, with a record-setting $340 million in Q4 driven by major licensing deals such as "The Rookie" to Disney+ and "The Chosen" to Amazon Prime.
Adjusted free cash flow for the quarter was $395.3 million, and net cash provided by operating activities totaled $255.9 million. These figures highlight the company’s improved financial flexibility, even as capital expenditures reached $3.5 million for the quarter.
The report follows a pivotal period for Lionsgate, marked by the strategic spin-off of its media and streaming businesses. With the separation from Starz finalized in May 2025, Lionsgate is now positioned as a pure-play content studio, focused on high-performing film and television production, international licensing, and the monetization of its extensive 20,000-title library.
As the entertainment industry continues to evolve post-strike and amid shifting consumer behavior, Lionsgate's latest results signal a strong start for the restructured company. The studio's disciplined execution, growing content pipeline, and record library performance position it well to deliver sustained shareholder value in the quarters ahead.