Kartoon Studios (TOON) Operating Expenses (2010 - 2026)
Kartoon Studios' (TOON) quarterly Operating Expenses came in at -$10.0 million in Q2 2026, down 174.38% year-over-year from $13.5 million in Q2 2025, and down 199.96% quarter-over-quarter from $10.0 million in Q1 2026.
Analysis
Kartoon Studios (TOON) Operating Expenses (2010 - 2026) Analysis & Trends
Kartoon Studios (TOON) has reported Operating Expenses for 17 consecutive years, with -$10.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 174.38% year-over-year to -$10.0 million in Q2 2026; TTM through Jun 2026 was -$25.9 million, a 151.53% decrease from a year earlier, with the FY2025 full-year figure at $179000.0, down 99.64% from the prior year.
- Operating Expenses was -$10.0 million for Q2 2026 at Kartoon Studios, down from $10.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $38.8 million in Q4 2022 and troughed at -$38.7 million in Q4 2025.
- A 5-year average of $15.1 million and a median of $13.0 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 218.5% in 2023 and sank 399.43% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $38.8 million in 2022, then dropped by 2.12% to $38.0 million in 2023, then plunged by 66.01% to $12.9 million in 2024, then tumbled by 399.43% to -$38.7 million in 2025, then jumped by 74.05% to -$10.0 million in 2026.
- The last three Operating Expenses figures came in at -$10.0 million (Q2 2026), $10.0 million (Q1 2026), and -$38.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.43 Bn | 177.24 Bn | 11.57 Bn | 20.49 Bn |
| 2 | Lionsgate Studios | 3.26 Bn | 2.83 Bn | - | 751.00 Mn |
| 3 | Angel Studios | 911.05 Mn | 863.01 Mn | 59.96 Mn | 130.22 Mn |
| 4 | Kartoon Studios | 42.45 Mn | 1.96 Mn | - | -10.04 Mn |
| 5 | American Picture House | 11.36 Mn | 11.36 Mn | - | 58,685.00 |
| 6 | K Wave Media | 3.24 Mn | -19.55 Mn | - | - |
| 7 | AI Era | 764,307.88 | 514,307.88 | - | -2.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.04 Mn |
| Mar 31, 2026 | 10.04 Mn |
| Dec 31, 2025 | -38.67 Mn |
| Sep 30, 2025 | 12.77 Mn |
| Jun 30, 2025 | 13.49 Mn |
| Mar 31, 2025 | 12.58 Mn |
| Dec 31, 2024 | 12.92 Mn |
| Sep 30, 2024 | 11.26 Mn |
| Jun 30, 2024 | 13.05 Mn |
| Mar 31, 2024 | 12.37 Mn |
| Dec 31, 2023 | 37.99 Mn |
| Sep 30, 2023 | 22.68 Mn |
| Jun 30, 2023 | 19.60 Mn |
| Mar 31, 2023 | 36.19 Mn |
| Dec 31, 2022 | 38.82 Mn |
| Sep 30, 2022 | 25.12 Mn |
| Jun 30, 2022 | 30.73 Mn |
| Mar 31, 2022 | 11.36 Mn |
| Dec 31, 2021 | 42.21 Mn |
| Sep 30, 2021 | 11.71 Mn |