Cineverse Q2 FY2026 net loss widens to $5.7M, revenue down 3% YoY

Cineverse Corp.

2026-Q2 EPS reported -$0.53 revenue$23,476,000

Revenue $12.4M (down 3% YoY); Direct Operating Margin 58% (up 7pp).
Net loss $(5.7)M ($(0.31)/share) vs $(1.4)M ($(0.09)/share) a year ago.
Adjusted EBITDA $(3.7)M vs $0.5M prior; SG&A rose $5.0M to $11.4M on Toxic Avenger marketing and investments.
Cash $2.3M, $5.9M available on $12.5M credit line; net working capital $(1.3)M.
Content library valuation indication $45M vs book $3.2M; MicroCo venture and Matchpoint 3.0 launched.

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