CuriosityStream (NASDAQ:CURI) Issues Earnings Results, Hits Estimates

CuriosityStream (NASDAQ:CURI) released its quarterly earnings data on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02), FiscalAI reports. The business had revenue of $15.16 million during the quarter, compared to analysts’ expectations of $16.79 million. CuriosityStream had a negative net margin of 8.97% and a negative return on equity of 13.07%.

Here are the key takeaways from CuriosityStream’s conference call:

• CuriosityStream reported Q1 revenue of $15.2 million, up slightly year over year, with positive adjusted EBITDA of $0.9 million and positive adjusted free cash flow of $1.3 million for the quarter. This marked the company’s fifth straight quarter of positive adjusted EBITDA and ninth consecutive quarter of positive free cash flow.
• Management said it intentionally prioritized larger, broader AI licensing relationships over near-term revenue recognition, which helped expand the partner roster and deepen the pipeline. The company highlighted growing demand for its rights-aware content across frontier model training, multimodal applications, and Physical AI.
• The company reaffirmed a meaningful 2026 growth outlook, expecting full-year revenue of $75 million to $80 million and adjusted EBITDA of $16 million to $20 million. Management also said it expects licensing to surpass subscriptions as the larger growth engine this year.
• CuriosityStream raised its quarterly dividend to $0.085 per share and said it intends to fund 2026 dividends from cash generated by operations. The company ended the quarter with $23.4 million in cash and securities and no debt.
• Subscription revenue was roughly flat at $8.8 million, while the company said pricing increases have produced minimal churn and higher lifetime value. Management emphasized that the subscription business remains important as a predictable recurring revenue base even as licensing grows faster.

CuriosityStream Stock Performance

NASDAQ:CURI opened at $3.13 on Friday. The firm’s fifty day moving average is $3.20 and its 200-day moving average is $3.66. CuriosityStream has a 52 week low of $2.81 and a 52 week high of $7.15. The firm has a market cap of $184.59 million, a P/E ratio of -31.30 and a beta of 1.82.

CuriosityStream Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, June 5th will be paid a $0.085 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 10.9%. This is an increase from CuriosityStream’s previous quarterly dividend of $0.08. CuriosityStream’s payout ratio is currently -320.00%.

Analyst Upgrades and Downgrades

CURI has been the subject of a number of research analyst reports. Barrington Research reiterated an “outperform” rating and set a $5.50 price objective on shares of CuriosityStream in a research report on Tuesday, April 28th. Weiss Ratings upgraded shares of CuriosityStream from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, March 13th. Finally, Zacks Research upgraded shares of CuriosityStream from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $6.17.

Institutional Investors Weigh In On CuriosityStream

A number of institutional investors have recently modified their holdings of the company. Schonfeld Strategic Advisors LLC boosted its stake in shares of CuriosityStream by 30.8% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 13,235 shares of the company’s stock valued at $50,000 after purchasing an additional 3,115 shares during the last quarter. MetLife Investment Management LLC boosted its stake in CuriosityStream by 17.7% during the fourth quarter. MetLife Investment Management LLC now owns 24,630 shares of the company’s stock worth $94,000 after acquiring an additional 3,704 shares in the last quarter. Invesco Ltd. boosted its stake in CuriosityStream by 31.9% during the fourth quarter. Invesco Ltd. now owns 27,799 shares of the company’s stock worth $106,000 after acquiring an additional 6,728 shares in the last quarter. Bank of America Corp DE boosted its stake in CuriosityStream by 36.6% during the third quarter. Bank of America Corp DE now owns 26,920 shares of the company’s stock worth $143,000 after acquiring an additional 7,206 shares in the last quarter. Finally, Quarry LP bought a new position in CuriosityStream during the third quarter worth $45,000. 6.79% of the stock is owned by institutional investors.

About CuriosityStream

CuriosityStream, Inc (NASDAQ: CURI) is a global streaming media company specializing in factual content across science, nature, history and technology. Founded in 2015 by John Hendricks, the founder of the Discovery Channel, CuriosityStream offers on-demand documentaries, series and short-form programming designed to inform and entertain viewers with high-quality educational content. The company’s library features both original productions and licensed titles, covering topics such as space exploration, wildlife conservation, archaeology and cutting-edge scientific research.

Since its launch, CuriosityStream has expanded its reach to subscribers in more than 175 countries, delivering content in multiple languages and via a range of platforms.