CuriosityStream (NASDAQ:CURI) Releases Earnings Results, Beats Expectations By $0.05 EPS

CuriosityStream (NASDAQ:CURI) issued its earnings results on Wednesday. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05, Zacks reports. The business had revenue of $20.72 million for the quarter, compared to the consensus estimate of $19.98 million. CuriosityStream had a net margin of 10.99% and a return on equity of 21.63%.

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

• Q3 revenue rose 13% to $20.7 million, net income was $4.8 million versus a year-earlier loss, and Adjusted EBITDA increased 67% to $5 million. It was the company’s seventh consecutive quarter of positive Adjusted EBITDA.
• Management raised 2026 revenue guidance to $79–$82 million and Adjusted EBITDA guidance to $20–$22 million, citing results through the first nine months and current visibility.
• Licensing revenue grew 35% to $11.7 million, with more than $7 million from cash agreements and most AI licensing revenue coming from tier-one developers. AI deals can carry partner revenue shares of 50% or more, contributing to gross margin falling to 49% from 59%; management also cautioned that licensing results can vary with deal timing.
• Cost discipline helped drive profitability: advertising and marketing plus general and administrative expenses fell 58% year over year, and a post-quarter workforce reduction is expected to generate $1.2–$1.5 million in annualized savings. Management expects those expense categories, excluding stock-based compensation and restructuring, to be about 20% lower in the second half than in the first.
• Operating cash flow was $1.5 million for the first nine months, and the company ended Q3 with $10 million in cash and investments after paying about $5 million in dividends. Management attributed weak first-half cash flow partly to a traditional licensing deal whose cash payments begin in mid-2027, and aims to fund the dividend from free cash flow in 2027.

CuriosityStream Stock Up 3.4%

NASDAQ:CURI traded up $0.10 on Friday, hitting $2.96. The stock had a trading volume of 309,701 shares, compared to its average volume of 674,883. CuriosityStream has a 1-year low of $2.30 and a 1-year high of $5.00. The stock has a market cap of $175.53 million, a price-to-earnings ratio of 19.43 and a beta of 1.81. The company has a fifty day moving average price of $2.76 and a two-hundred day moving average price of $2.93.

CuriosityStream Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Thursday, December 3rd will be issued a dividend of $0.0850 per share. This represents a $0.34 annualized dividend and a dividend yield of 11.5%. The ex-dividend date is Thursday, December 3rd. CuriosityStream’s payout ratio is currently 3,400.00%.

Latest CuriosityStream News

Investors following CURI have been watching these news items:

• Positive Sentiment: Management raised its 2026 outlook, forecasting revenue of $79 million to $82 million, and reported that third-quarter revenue grew 13% and adjusted EBITDA increased 67%. The range spans slightly below to above the $79.3 million analyst estimate. Q3 results and outlook
• Neutral Sentiment: Needham cut its price target from $6 to $4 but maintained a Buy rating; the revised target still implies potential upside from the cited $2.86 share price. The reduction tempers the positive rating signal. Needham price target update
• Neutral Sentiment: The company declared a quarterly dividend of $0.085 per share, equivalent to $0.34 annually. The sizable indicated yield may appeal to income investors, though the dividend is also a cash commitment.

Insider Buying and Selling

In other CuriosityStream news, CEO Clinton Stinchcomb purchased 30,000 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was bought at an average price of $2.55 per share, with a total value of $76,500.00. Following the transaction, the chief executive officer directly owned 3,001,260 shares of the company’s stock, valued at approximately $7,653,213. This represents a 1.01% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 31.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Zacks Research downgraded shares of CuriosityStream from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 19th. Needham & Company LLC decreased their price objective on shares of CuriosityStream from $6.00 to $4.00 and set a “buy” rating on the stock in a research report on Thursday. Wall Street Zen upgraded CuriosityStream from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Finally, Weiss Ratings upgraded shares of CuriosityStream from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, November 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $4.50.

CuriosityStream Company Profile

CuriosityStream Inc. is a factual-media company focused on documentary and nonfiction programming. Its content covers subjects such as science, technology, history, nature and society, and is available through its Curiosity Stream subscription service and other distribution channels. The company also develops and produces programming and licenses content to third-party platforms and distributors. Its services reach audiences in multiple countries through direct subscriptions and distribution partnerships.