NASDAQ$TOON

Kartoon Studios Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Kartoon Studios Inc reported its Q1 2026 financial results with reduced revenue and continued net losses.

Kartoon Studios Inc recorded total revenue of $7.2 million for the three months ended March 31, 2026, down 24% year-over-year primarily due to lower production services activity. The company reported a net loss of $6.4 million and negative working capital of $0.7 million, raising substantial doubt about its ability to continue as a going concern. Management is pursuing cost reductions, asset sales, and additional financing to address liquidity needs.

  • Total revenue declined 24% to $7.2 million, driven by a 38% drop in production services revenue to $4.1 million.
  • Net loss narrowed slightly to $6.4 million from $6.6 million in the prior-year quarter.
  • Cash position improved to $5.0 million, supported by $2.9 million in proceeds from marketable securities sales.
  • Negative working capital of $0.7 million and accumulated deficit of $770.2 million highlight ongoing liquidity concerns.

Headline financials

Total Revenue

$7.24M

Previous: $9.5M-23.8%
EPS (adj)

-$0.10

Previous: $0.00
Capital Expenditures

-$33K

Previous: -$20K-65.0%
Free Cash Flow

-$2.89M

No prior period
Net Income

-$6.37M

Previous: $0.00
Operating Income

-$2.8M

Previous: $0.00
Gross Profit

$2.52M

Previous: $0.00
Cash & Equivalents

$5.02M

No prior period
Total Assets

$63.6M

No prior period

Revenue & EPS history

Kartoon Studios · Revenue · Quarterly

$7.24M

Q1 2026-23.8%vs Q1 2025
Beat estimate in 0 of 4 quarters(0%)
ActualEstimate

Revenue by segment

Kartoon Studios · $7.24M total across 4 segments · Q1 2026

  • Production Services
    $4.09M
  • Content Distribution
    $2.27M
  • Media Advisory and Advertising Services
    $799K
  • Licensing and Royalties
    $73K

Forward guidance

Management continues to focus on liquidity preservation through cost reductions and potential financing or strategic transactions amid substantial doubt about going concern status.

Headwinds

  • Ongoing net losses and negative working capital
  • Dependence on external financing and asset sales

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.2%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-0.0%

Avg return

30 days after

43%

18 / 42 earnings

Positive

+35.4%

Q4 2015

Best reaction

-18.0%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.4%-9.2%
Q4 2025-4.3%+3.5%+8.5%
Q3 2025-1.9%-13.7%+8.0%
Q2 2025-1.8%-0.9%+7.1%
Q1 2025-3.1%+2.1%-8.9%
Q4 2024+1.5%+0.0%-4.3%
Q3 2024-6.7%-7.2%-27.2%
Q2 2024-0.2%-3.1%-8.1%
Q1 2024+0.9%-1.9%-2.8%
Q4 2023+4.0%+10.1%-27.5%
Q3 2023+4.8%+13.5%+46.2%
Q2 2023-8.0%-28.9%-24.4%
Q1 2023+13.0%+2.8%+29.7%
Q4 2022+6.6%+0.4%-6.2%
Q3 2022-3.6%-7.6%-19.4%
Q2 2022-18.0%-27.1%-33.5%
Q1 2022+23.6%+15.6%+25.2%
Q4 2021-10.0%-17.7%-34.2%
Q3 2021+0.7%-4.4%-9.6%
Q2 2021-3.9%-7.8%-5.2%
Q1 2021+2.6%+4.6%+25.0%
Q4 2020-9.2%-15.0%-14.5%
Q3 2020-4.1%-1.6%+38.5%
Q2 2020-1.9%-12.0%-35.4%
Q1 2020-8.0%-7.3%+106.7%
Q4 2019-6.0%-22.3%-6.0%
Q3 2019-4.6%-14.5%-54.2%
Q2 2019+0.5%-22.3%+1.1%
Q1 2019-2.3%+0.7%+1.3%
Q4 2018+1.0%-2.0%-1.0%
Q3 2018+3.8%+14.4%+15.4%
Q2 2018-0.8%-2.7%-14.9%
Q1 2018-4.3%-3.9%+7.9%
Q4 2017+0.4%+1.8%-4.3%
Q3 2017+0.0%-3.1%-15.0%
Q2 2017+4.9%+9.8%+19.7%
Q1 2017+0.9%-5.0%+4.2%
Q4 2016+6.5%+9.1%+29.0%
Q3 2016+0.0%+1.7%-17.9%
Q2 2016-1.0%+0.0%-0.5%
Q1 2016+3.0%
Q4 2015+35.4%
Q2 2011
Q2 2010

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