CuriosityStream (NASDAQ:CURI) Posts Quarterly Earnings Results, Hits Estimates

CuriosityStream (NASDAQ:CURI) released its earnings results on Thursday. The company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02), FiscalAI reports. CuriosityStream had a negative net margin of 8.97% and a negative return on equity of 13.07%. The business had revenue of $15.16 million during the quarter, compared to analysts’ expectations of $16.97 million.

Here are the key takeaways from CuriosityStream’s conference call:

• CuriosityStream reported Q1 revenue of $15.2 million, up slightly year over year, with positive adjusted EBITDA of $0.9 million and positive adjusted free cash flow of $1.3 million for the quarter. This marked the company’s fifth straight quarter of positive adjusted EBITDA and ninth consecutive quarter of positive free cash flow.
• Management said it intentionally prioritized larger, broader AI licensing relationships over near-term revenue recognition, which helped expand the partner roster and deepen the pipeline. The company highlighted growing demand for its rights-aware content across frontier model training, multimodal applications, and Physical AI.
• The company reaffirmed a meaningful 2026 growth outlook, expecting full-year revenue of $75 million to $80 million and adjusted EBITDA of $16 million to $20 million. Management also said it expects licensing to surpass subscriptions as the larger growth engine this year.
• CuriosityStream raised its quarterly dividend to $0.085 per share and said it intends to fund 2026 dividends from cash generated by operations. The company ended the quarter with $23.4 million in cash and securities and no debt.
• Subscription revenue was roughly flat at $8.8 million, while the company said pricing increases have produced minimal churn and higher lifetime value. Management emphasized that the subscription business remains important as a predictable recurring revenue base even as licensing grows faster.

CuriosityStream Price Performance

CURI stock traded up $0.18 during midday trading on Thursday, reaching $3.13. 708,590 shares of the company were exchanged, compared to its average volume of 444,906. The business has a 50-day moving average price of $3.20 and a two-hundred day moving average price of $3.67. CuriosityStream has a one year low of $2.81 and a one year high of $7.15. The firm has a market capitalization of $184.58 million, a price-to-earnings ratio of -31.30 and a beta of 1.82.

Analyst Ratings Changes

Several research firms recently weighed in on CURI. Weiss Ratings raised shares of CuriosityStream from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, March 13th. Zacks Research raised shares of CuriosityStream from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 10th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $5.50 price objective on shares of CuriosityStream in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $6.17.

Institutional Investors Weigh In On CuriosityStream

A number of hedge funds and other institutional investors have recently modified their holdings of CURI. Millennium Management LLC lifted its holdings in shares of CuriosityStream by 234.5% during the fourth quarter. Millennium Management LLC now owns 688,041 shares of the company’s stock worth $2,615,000 after buying an additional 482,360 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of CuriosityStream by 974.5% during the third quarter. Russell Investments Group Ltd. now owns 461,527 shares of the company’s stock worth $2,446,000 after buying an additional 418,576 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of CuriosityStream by 112.9% during the second quarter. Geode Capital Management LLC now owns 727,103 shares of the company’s stock worth $4,094,000 after buying an additional 385,534 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of CuriosityStream by 225.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 464,691 shares of the company’s stock worth $2,616,000 after buying an additional 321,780 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of CuriosityStream by 31.0% during the fourth quarter. Renaissance Technologies LLC now owns 1,359,900 shares of the company’s stock worth $5,168,000 after buying an additional 321,700 shares in the last quarter. Institutional investors and hedge funds own 6.79% of the company’s stock.

About CuriosityStream

CuriosityStream, Inc (NASDAQ: CURI) is a global streaming media company specializing in factual content across science, nature, history and technology. Founded in 2015 by John Hendricks, the founder of the Discovery Channel, CuriosityStream offers on-demand documentaries, series and short-form programming designed to inform and entertain viewers with high-quality educational content. The company’s library features both original productions and licensed titles, covering topics such as space exploration, wildlife conservation, archaeology and cutting-edge scientific research.

Since its launch, CuriosityStream has expanded its reach to subscribers in more than 175 countries, delivering content in multiple languages and via a range of platforms.