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Lionsgate returned to quarterly operating profit as “Michael” and stronger television deliveries powered results, lending financial support to the studio’s broader film and television growth strategy over the next three years.

What is a key fact in this story? (1)

**Lionsgate** reported $668.8 million in revenue for the three months ended Sept. 30, up 41% year over year, while operating income swung to $29.1 million from a $46.0 million loss; continuing operations still produced a $15.5 million net loss attributable to shareholders, or 5 cents per diluted share.

What is a key fact in this story? (2)

**Michael** grossed over $1 billion at the box office and drove Lionsgate’s motion-picture revenue up 30% year over year to $359.3 million, while segment profit rose significantly to $88.7 million.

Lionsgate Revenue Jumps 41%, Operating Profit Returns — SkimNews

By Variety · Summarized & edited by Kapil Samant · 2026-11-05

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Lionsgate reported $668.8 million in revenue for the three months ended Sept. 30, up 41% year over year, while operating income swung to $29.1 million from a $46.0 million loss; continuing operations still produced a $15.5 million net loss attributable to shareholders, or 5 cents per diluted share.
Michael grossed over $1 billion at the box office and drove Lionsgate’s motion-picture revenue up 30% year over year to $359.3 million, while segment profit rose significantly to $88.7 million.
Lionsgate generated $1.04 billion in trailing-12-month library revenue, its second-highest ever; management cited continued library strength alongside “Michael” as drivers of the quarterly results.
Power: Origins and the second seasons of “The Studio” for Apple TV and “The Hunting Wives” for Netflix were included among the scripted episodic deliveries whose increase drove television-production revenue 56% to $309.5 million and segment profit 73% to $21.6 million.
Jon Feltheimer said Lionsgate anticipates doubling scripted deliveries in fiscal 2027 relative to fiscal 2026 and cited growing visibility into continued growth in fiscal 2028 and 2029.
The Hunger Games: Sunrise on the Reaping opens in two weeks to kick off the Thanksgiving box office, while Lionsgate said 10 of its next 15 wide theatrical releases are repeatable branded properties, including “Resurrection of the Christ” Parts 1 & 2, “The Housemaid’s Secret,” “Michael 2” and “Naruto.”
Power was licensed to Netflix in a recent Lionsgate deal that the studio said was indicative of the franchise’s value 10 years after the original series launched.

Why it matters: For Lionsgate, the material change is the operating line: a $46.0 million year-ago loss became $29.1 million in profit, even though continuing operations still produced a $15.5 million net loss. Management said the quarter reflected its fiscal 2027 plan coming together, reinforcing its forecast of significant adjusted OIBDA growth.