Lionsgate Studios (LION) Operating Expenses (2024 - 2026)
Lionsgate Studios' Operating Expenses was $751 million in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 40.0% from $536.5 million a year earlier but down 4.8% from the prior quarter.
Lionsgate Studios (LION) Operating Expenses (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lionsgate Studios' Operating Expenses was $2.75 billion through Jun 30, 2026, up 4.5% year-over-year; for FY2026 (ended Mar 31, 2026), it was $2.53 billion, down 2.6% from FY2025.
- Operating Expenses shows a three-year compound annual growth rate of -4.9% (FY2023 to FY2026).
- In earlier fiscal years, Operating Expenses was $2.6 billion in FY2025 (+5.6%), $2.46 billion in FY2024 (-16.3%) and $2.94 billion in FY2023.
- Quarterly Operating Expenses has moved between $509.4 million (fiscal Q1 2025) and $788.9 million (fiscal Q4 2026) over five years.
- Compared with a year earlier, Operating Expenses has increased for three straight quarters, with growth averaging 6.8% over the last five quarters.
- Per Business Quant data, LION's Operating Expenses in the three fiscal quarters before Q1 2027 was $788.9 million (Q4 2026), $688.3 million (Q3 2026) and $521.1 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.51 Bn | 167.08 Bn | 11.57 Bn | 20.49 Bn |
| 2 | Warner Music | 14.20 Bn | 11.69 Bn | 854.00 Mn | 1.56 Bn |
| 3 | Lionsgate Studios | 3.27 Bn | 2.23 Bn | - | 751.00 Mn |
| 4 | Angel Studios | 841.96 Mn | 647.45 Mn | 59.96 Mn | 130.22 Mn |
| 5 | Reservoir Media | 629.64 Mn | 541.95 Mn | 26.69 Mn | 36.10 Mn |
| 6 | Kartoon Studios | 35.46 Mn | 18.33 Mn | - | -10.04 Mn |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | 58,685.00 |
| 8 | Nexus Advanced Technologies | 2.46 Mn | -16.15 Mn | - | - |
| 9 | AI Era | 696,201.70 | 45,968.70 | - | -2.78 Mn |
| 10 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 14.83 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 751.00 Mn |
| Mar 31, 2026 | 788.90 Mn |
| Dec 31, 2025 | 688.30 Mn |
| Sep 30, 2025 | 521.10 Mn |
| Jun 30, 2025 | 536.50 Mn |
| Mar 31, 2025 | 788.10 Mn |
| Dec 31, 2024 | 600.50 Mn |
| Sep 30, 2024 | 704.70 Mn |
| Jun 30, 2024 | 509.40 Mn |
Lionsgate Studios Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=LION&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "LION", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=LION&period=max&api_key=YOUR_API_KEY");
const data = await res.json();