Demand and volumenegative · 6 filings
“The maximum principal amount of the Backlog Facility as of June 30, 2026 is $175.0 million, subject to the amount of eligible collateral contributed to the facility.”10-Q · Aug 6, 2026 ↗
Lionsgate Studios Corp.
LION
Market read
Lionsgate Studios Corp.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 14 directly disclosed connections are confirming.
Company+3.1% todayVolume comparison unavailable
Market group0 of 1 activeFilm & TV Studios · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- Interest expense fell as average rates on variable-rate corporate debt and film-related obligations declined.
- Other direct operating expense includes rent for unutilized production facilities due to lower demand following industry strikes, $27.3M in fiscal 2026 and $18.6M in fiscal 2025.
Invalidation: The isolated read changes if LION's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 14 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- Interest expense fell as average rates on variable-rate corporate debt and film-related obligations declined.
- Other direct operating expense includes rent for unutilized production facilities due to lower demand following industry strikes, $27.3M in fiscal 2026 and $18.6M in fiscal 2025.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods4
Price observations327
Usable filing statements230
Verified relationships16
Evidence supporting the case
- Operating margin changed +4.4 percentage points in the latest annual period.
- Net margin changed +6.5 percentage points in the latest annual period.
- Credit and interest rates has repeated favorable evidence across 4 filings.
Evidence challenging the case
- Diluted shares increased 14.7% in the latest annual period.
- Demand and volume has repeated adverse evidence across 6 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 10, 2026
11.176m+14.3%12m+67.2%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2023-03-31$3.1B—$0.00—
2024-03-31$2.5B-20.5%$-4.58-3.9%
2025-03-31$2.6B+5.5%$-1.43+2.2%
2026-03-31$2.6B+1.8%$-0.70+14.7%
What management says matters
Persistent and emerging business drivers
Credit and interest ratespositive · 4 filings
“Interest expense of $56.9 million in the three months ended June 30, 2026 decreased $11.8 million from the three months ended June 30, 2025 primarily due to lower average interest rates on variable rate corporate debt and film related obligations.”10-Q · Aug 6, 2026 ↗
Restructuring and cost reductionsmixed · 4 filings
“The following table presents share-based compensation expense by financial statement line item: Three Months Ended June 30, 2026 2025 (Amounts in millions) Share-based compensation expense by expense category: General and administrative expense $ 40.3 $ 2.8 R…”10-Q · Aug 6, 2026 ↗
Macroeconomic conditionsnegative · 1 filings
“Global economic uncertainty and volatility resulting from events such as pandemics, wars, inflationary pressures, bank failures, recessions or other financial disruptions may cause a general tightening in the credit markets, reduced liquidity, increases in th…”10-K · May 27, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.2× · EV/sales 1.8×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
11.39+3.1% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 14:05 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for LION. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for LION. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind LION
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
SONYSony Group CorporationsupplierMay 30, 2025 ▾
“Fulfillment of physical distribution services are substantially licensed to Sony Pictures Home Entertainment.”
STRZFiling-linked namedistributorMay 27, 2026 ▾
“Lionsgate cannot assure you that it will maintain favorable relationships with its retailers and distributors (including with Starz) or that they will not be adversely affected by economic conditions, including as a result of global pandemics, wars, such as R…”
Depended on by
AMCAMC Entertainment Holdings, Inc.supplierFeb 23, 2026 ▾
“During the year ended December 31, 2025, films licensed from our seven largest movie studio distributors based on revenues accounted for approximately 83% of our U.S.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 11 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
LION is currently a Leader in the organic co-movement group Film & TV Studios. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for LION; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.