Lionsgate is finally seeing its movie business recover in a major way. After dealing with a difficult theatrical period in 2025, the studio has now posted a strong financial quarter thanks to the success of several recent releases, especially the thriller The Housemaid.
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The company revealed that its overall revenue reached $906.5 million for the quarter ending on March 31. That is a clear improvement compared to the $865.6 million it reported during the same quarter a year earlier. Even more importantly, Lionsgate returned to profitability after previously reporting a major loss.
Last year, the studio posted a net loss of $117.4 million during the same period. This time, Lionsgate swung back with a net profit of $70.2 million. The company also reported adjusted earnings per share of 37 cents, along with adjusted OIBDA of $165.4 million. Those numbers were much better than what Wall Street analysts had expected. Analysts had predicted earnings of only 23 cents per share on revenue of $810.6 million and adjusted OIBDA of $154.3 million. Lionsgate CEO Jon Feltheimer sounded very confident while discussing the company’s latest results. He said that all parts of the business are starting to come together again.
The biggest reason behind the company’s strong quarter was the recovery of its motion picture group. The movie division saw revenue rise by 23%, while segment profit increased by 39%. According to the report, the studio’s film business appears to be regaining the momentum it once had before the theatrical slowdown in 2025. Several recent releases helped Lionsgate achieve those results. Along with “The Housemaid,” the studio also released sequels to Greenland and The Strangers during the quarter. However, “The Housemaid” became the standout success among them.
‘The Housemaid’ Fuels Lionsgate’s Huge Growth In Their Earnings
Based on the bestselling novel by Freida McFadden, “The Housemaid” turned into a major box office hit for the studio. The success of the thriller played a huge role in pushing the motion picture division forward. Revenue for the division climbed to $652 million compared to $528.5 million during the same period in 2025. Segment profit also jumped to $187.1 million from $135.3 million a year earlier. Interestingly, the earnings period did not even include ticket sales from Michael, the studio’s musical biopic that arrived in theaters in April. That means Lionsgate could continue to benefit from additional box office success in future quarters as the film continues its run.
The company is already planning to continue the momentum created by “The Housemaid.” Lionsgate confirmed that production on the sequel, The Housemaid’s Secret, will begin later this year. The movie is scheduled to open in theaters on Dec. 17, 2027. While the movie division performed strongly, Lionsgate’s television business experienced a very different quarter. The TV division, which produces shows like the Apple TV+ series The Studio along with Yellowjackets and The Rainmaker, saw revenue decline sharply.
According to the company, the drop mainly happened because of the timing of episode deliveries. Revenue for the television division came in at $254.6 million, much lower than the $543.3 million reported during the same period last year. Segment profit also decreased from $40.6 million to $30.5 million. Even with the decline, Lionsgate still highlighted several positive developments in its TV business. The company confirmed that another season of “The Studio” will arrive later this year. Lionsgate also announced that its procedural drama The Rookie is expanding with a spinoff series titled The Rookie: North.
Lionsgate Sees Theatrical Comeback Ahead
Feltheimer also spoke about the bigger changes happening across the entertainment industry. He said Lionsgate is beginning to see signs that the overall business environment is improving. According to him, audiences are slowly returning to theaters again. He specifically pointed to premium movie formats like IMAX, Dolby, and XD screens as major reasons why the theater experience is becoming more exciting for audiences. He also mentioned that strong storytelling is now appearing across both traditional and digital media, while younger viewers from Gen Z are helping older shows like “The Rookie” find renewed popularity.
After a difficult period for theatrical releases, Lionsgate now appears to be entering a much stronger phase. With “The Housemaid” becoming a breakout success, future projects already lined up, and audiences returning to theaters, the studio finally seems to have regained some of the momentum it had been missing.
