Lionsgate Studios reported $587 million in motion picture revenue for its fiscal first quarter, more than double the $267.3 million it posted in the same quarter a year earlier, as the biopic Michael crossed $1 billion in worldwide box office and thriller The Housemaid pulled strong numbers in after-market sales (Deadline). Motion picture profit hit a first-quarter record of $105 million, up from just $2.4 million a year ago — a stark swing driven almost entirely by those two titles (Deadline).

Total quarterly revenue rose nearly 50% to $777 million, ahead of Wall Street forecasts. The company's net loss narrowed to $29 million from $107 million in the prior-year period, while adjusted net income from continuing operations came in at $18.9 million, or $0.06 per share (Deadline). Shares rose 2.4% to $13.26 in late trading after the results landed.

Not everything moved in the same direction. Television production revenue came in at $189 million with a segment profit of $10.2 million, both down because of the timing of episodic deliveries — meaning finished episodes simply had not been handed over to buyers within the quarter (Deadline). The company's library, which holds more than 20,000 film and television titles, generated $987 million in trailing 12-month revenue — money that keeps arriving from licensing deals, streaming windows, and reruns long after a title leaves cinemas (Deadline; Lionsgate).

CEO Jon Feltheimer pointed to the quarter's results as evidence of growing momentum across the studio's film and television businesses (Deadline).

The slate ahead is crowded. A second Michael film is in development, and Lionsgate has set an early June 2027 release for a Michael prequel (Deadline; Lionsgate). A sequel to The Housemaid is also moving forward, with Brittany Snow joining Paul Feig's follow-up, The Housemaid's Secret, opposite Sydney Sweeney, Kirsten Dunst, and Paul Anthony Kelly (Deadline). Hunger Games: Sunrise On The Reaping opens in November 2026, and Mel Gibson's The Resurrection of the Christ Part One is scheduled for 2027 (Deadline).

On the television side, Lionsgate anticipates doubling its scripted deliveries in fiscal 2028 from fiscal 2027 — a ramp-up that would put more finished series into buyers' hands across a market where streaming platforms, traditional broadcasters, and free ad-supported channels all compete for new programming (Deadline).

The stock has had a volatile run. Since Lionsgate split from the cable network Starz, shares have bounced from under $6 to a high near $17. They jumped 9% in a single day in July 2026 amid speculation that the studio was courting buyers in Europe — a rumour Lionsgate has not confirmed (Deadline). The company trades on the New York Stock Exchange under the ticker LION (Lionsgate).

For the crews, writers' rooms, and production staff attached to the films and series now filling Lionsgate's calendar, the quarter's numbers translate into something concrete: sequels green-lit, release dates locked, and work that continues.