Cineverse Corp. reported Q3 FY2026 revenue of $16.3 million and Adjusted EBITDA of $2.4 million, while announcing the transformative acquisitions of Giant Worldwide and IndiCue, Inc. The company issued fiscal year 2027 guidance projecting revenue of $115 to $120 million and Adjusted EBITDA of $10 to $20 million.
Key takeaways
Q3 FY2026 Revenue was $16.3 million, a decrease from $40.7 million in the prior year quarter, primarily due to the absence of theatrical revenue from Terrifier 3.
Adjusted EBITDA for the quarter was $2.4 million, improving by $6.0 million over the prior sequential quarter.
The Company acquired IndiCue, Inc. for $22 million and raised $13 million in convertible notes to support the transaction.
The Company acquired the assets of Giant Worldwide, a global media services provider.
Management initiated Fiscal Year 2027 guidance for Revenue of $115 to $120 million and Adjusted EBITDA of $10 to $20 million.
Cash and Cash Equivalents were $2.5 million with $4.2 million available under a $12.5 million Line of Credit Facility as of December 31, 2025.