Kartoon Studios Q1 2026: distribution rev +15%, op loss narrows to $2.8M, sub engagement soars

Kartoon Studios, Inc.

2026-Q1 EPS reported -$0.10 revenue$7,238,000

Distribution revenue $2.3M (+15% YoY); Kartoon Channel and Ameba both reached record paid subscriber levels in Q1.
Total revenue $7.2M (vs $9.5M Q1 2025) due to timing of production deliveries; op expenses down 20% to $10.0M.
Loss from operations improved 9% to $2.8M; G&A down 10% to $5.1M; cash & marketable securities $6.0M.
Subscriber engagement on Kartoon Channel up >80% YoY, Ameba up >200% YoY; both at record paid subs.
Licensed Mattel's Masters of the Universe (2002) and American Girl (2016) for Kartoon Channel; flagships Hundred Acre Wood and Stan Lee Universe advancing.

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