CURI
CuriosityStream Inc.4.1200
-0.0600-1.44%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A affirms licensing renewals, sub details
Q&A confirmed near-universal LLM licensing renewals with easier follow-on deals, plus aggressive partner expansion to double the roster in 2026 and potentially fivefold in 2027. Subscription growth details emerged: low-to-mid single digits from March 1 pricing (full rollout in a year, 3-5% initial churn), 12-20 new platforms, and wholesale deals. Repeat business locked in. G&A run-rate pegged below $20M excluding SBC; M&A eyed if shareholder-friendly amid ripe environment. Guidance lumpy from large deals, but narrowing planned in Q2 with double-digit growth conviction. Management exuded execution confidence; investors will eye partner velocity and sub pricing lift.
Key Stats
Market Cap
240.19MP/E (TTM)
-Basic EPS (TTM)
-0.10Dividend Yield
0.06%Recent Filings
10-K
FY2025 results
CuriosityStream posted FY2025 revenue of $71.7M, up 40% y/y, driven by Content Licensing exploding 326% to $33.2M from AI training deals—yet Direct subscriptions slipped 13% to $33.6M amid subscriber contraction. Operating loss narrowed to $7.3M from $13.3M as revenue gains outpaced expense growth, fueled by $14.4M in stock comp. Q4 momentum shone in cash generation, with full-year operating cash flow hitting $13.1M. Dividends flowed quarterly at $0.08/share. Subscriber churn threatens retention.
8-K
40% revenue growth, $6M buybacks
8-K
Vilade named CCO
CuriosityStream created a Chief Commercial Officer role and appointed industry veteran John T. Vilade effective February 5, 2026, reporting to CEO Clint Stinchcomb. With 30+ years at NBCUniversal, Hulu, and Discovery, he'll drive sales, global partnerships, and AI licensing for high-margin growth. Vilade brings proven partnership chops. Forward-looking goals carry execution risks.
8-K
Declares $0.08 quarterly dividend
CuriosityStream's board declared a $0.08 per share quarterly cash dividend on January 29, 2026, payable March 20 to record holders on March 6. Backed by recurring free cash flow from subscriptions and expanding AI data licensing to tech firms. Dividend underscores business predictability. Forward-looking plans carry execution risks.
8-K
Reaffirms strong Q4 outlook
CuriosityStream reaffirmed its Q4 2025 outlook on January 8, 2026, projecting revenue of $18-20 million—up 27%-42% year-over-year—and adjusted free cash flow of $2.5-3.5 million. Full-year 2025 implies $70-72 million revenue, a 38%-42% jump from 2024. Growth stems from global expansion. Risks include subscriber retention challenges.
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