CURI

Investors might want to bet on CuriosityStream Inc. (CURI), as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For CuriosityStream Inc., strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The earnings estimate of $0.03 per share for the current quarter represents a change of +150.0% from the number reported a year ago. Over the last 30 days, one estimate has moved higher for CuriosityStream while one has gone lower. As a result, the Zacks Consensus Estimate has increased 20%. For the full year, the earnings estimate of $0.20 per share represents a change of +281.8% from the year-ago number. The revisions trend for the current year also appears quite promising for CuriosityStream, with two estimates moving higher over the past month compared to no negative revisions. The consensus estimate has also received a boost over this time frame, increasing 178.57%. The promising estimate revisions have helped CuriosityStream earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. CuriosityStream shares have added 17.5% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions. So, you may consider adding it to your portfolio right away to benefit from its earnings growth prospects. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CuriosityStream Inc. (CURI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Image source: The Motley Fool. Wednesday, Aug. 12, 2026 at 5 p.m. ET Senior Vice President of Operations - Vanessa Gillon Chief Executive Officer - Clinton Stinchcomb Chief Financial Officer - Brady Hayden Operator: Greetings, and welcome to the CuriosityStream Second Quarter 2026 Financial Results. [Operator Instructions] As a reminder, this comment is being recorded. It is now my pleasure to introduce Vanessa Gillon, Senior Vice President of Operations. Please go ahead. Vanessa Gillon: Thank you, and welcome to CuriosityStream's discussion of its second quarter 2026 financial results. Leading the discussion today are Clinton Stinchcomb, CuriosityStream's Chief Executive Officer; and Brady Hayden, CuriosityStream's Chief Financial Officer. Following management's prepared remarks, we will take questions from the analyst community. But first, I'll review the safe harbor statement. . During this call, we may make statements related to our business that are forward-looking statements under the federal securities laws. These statements are not guarantees of future performance, but rather are subject to a variety of risks, uncertainties and assumptions. Our actual results could differ materially from expectations reflected in any forward-looking statements. Please be aware that any forward-looking statements reflect management's current views only and the company undertakes no obligation to revise or update these statements nor make additional forward-looking statements in the future. For a discussion of the material risks and other important factors that could affect our actual results, please refer to our SEC filings available on the SEC website and on our Investor Relations website as well as the risks and other important factors discussed in today's press release. Additional information will also be set forth in our quarterly report on Form 10-Q for the quarter ended June 30, 2026 when filed. In addition, reference will be made to non-GAAP financial measures. A reconciliation of these non-GAAP measures to comparable GAAP measures can be found on our website at investors.curiositystream.com. Unless otherwise stated, all comparisons will be against our results for the comparable 2025 period. Now I'll turn the call over to Clint. Clint Stinchcomb: Thank you, Vanessa. Second quarter was a defining quarter for curiosity stream. We delivered the strongest quarterly financial performance in our history, including record operating income, EBITDA, adjusted EBITDA, net income and earnings per share. The results demonstrate what Curiosity can produce when we combine the value of our differentiated content and data assets with our disciplined operating model. In the quarter, high-value licensing revenue, reliable subscription revenue, efficient spending, lower year-over-year operating expenses and a focused cost structure came together to create substantial operating leverage. Revenue was $23.2 million in the second quarter, up 22% year-over-year. Licensing revenue was $14.1 million, up 48% from the prior-year quarter. Licensing represented the largest component of our revenue growth in the quarter and highlights the strategic value of the Curiosity corpus and the multiple ways in which we can monetize it. Today, we're able to engage with leading global media and technology companies through licensing supported by three distinct and durable pillars. First, we licensed premium factual video to broadcast, Paytv, streaming, cable, satellite, wireless and other distribution partners. Second, we license highly structured custom and off-the-shelf video and audio data sets to technology companies for AI training. Third, we offer private code corpus of more than 880 billion tokens for licensing to frontier model developers and coding agent providers for AI training and reinforcement learning as well as to enterprises seeking to fine-tune models after pre-training and general training on closed and open source large language models. While we believe our private code database offering is the largest available in the world, simply put, the onshore volume, we offer unique software engineering environments, containing code, history, decisions, failures, and verifiable outcomes that can improve coding agents through trading, [ RL ] and evaluation. We believe these three distinct sources of licensing intellectual property reduced medium-term licensing risk and create significant long-term upside. They allow us to participate in several large expanding markets while serving customers with different use cases, buying cycles and commercial objectives. In response to partner demand, we have also now productized the significant portion of our video library, specifically for AI training. We believe this productization will reduce friction in the licensing process, make it easier for prospective customers to identify and evaluate the data sets they need and ultimately shorten sales cycles. We currently offer 17 off-the-shelf video data set products. These include extensive premium collections covering scripted entertainment, professional and collegiate sports, animation, wildlife, science, automotive and instructional content as well as highly structured data sets and cliffs built around high dynamic range video, character tracking, synchronized multi-camera footage, emerging objects and raw foods. Importantly, we're not simply offering large quantities of video. We're increasingly organizing, structuring and packaging our IP around the specific requirements of sophisticated AI developers. We believe this substantially increases both utility and the value of the underlying content. Approximately $9 million, subscription revenue was roughly equivalent to the second quarter of 2025. We remain committed to our subscription business into building the long-term value of the Curiosity brand and customer relationships. At the same time, we continue to manage that business for durable economics rather than pursuing growth at any cost. Our diversified monetization model gives us the ability to be disciplined in customer acquisition spending while we capitalize on high-value licensing and distribution opportunities. We also made meaningful progress in improving the efficiency of the business. By leveraging AI productivity tools and better aligning our talent base with the highest value priorities, we reduced spending across our primary expense categories. Total operating expenses declined 24% year-over-year. We expect to make further progress in the second half of the year. This is not simply a cost reduction story. This quarter showcases a more efficient business model in which Curiosity can convert high-value revenue into meaningful profitability while continuing to invest selectively in the content, technology, distribution and commercial capabilities that support long-term value creation. The resulting profitability was exceptional. Net income was a record $8.9 million, up 1,133% compared with $0.9 million in the prior-year quarter. Second quarter EPS was $0.15. Adjusted EBITDA was a record $11.4 million, up approximately 300%. Margins reflected this operating leverage. Gross margin increased to 73% from 53% in the prior year quarter. Adjusted EBITDA margin was 49% compared with 16% in the prior-year quarter. Our strategy remains clear. We continue to pursue high-value licensing opportunities that recognize the differentiated value of our extensive [ corporate ]. We'll maintain our focus on operating discipline, including thoughtful marketing investment and rigorous expense management. We will continue to build the long-term value of the Curiosity ecosystem across established and emerging platforms. while simultaneously exploiting existing and new grants of rights that we can monetize. I want to thank the entire Curiosity team for delivering these results. The quarter was a powerful demonstration of the value of our brand, flexibility in our business and the earnings power of the company made possible by the breadth and depth of our IP. We are pleased with the momentum, but our focus remains squarely on execution and on our longer-term objective, building Curiosity into a company that informs, inspires and entertains and in so doing generates $100 million or more reliable, recurring and increasingly predictable annualized revenue. I'll now hand the call over to our CFO, Brady Hayden. Phillip Hayden: Thank you, Clint, and good afternoon, everyone. Our full Q2 results will be in the 10-Q that we'll file in the next day or 2. Let me quickly hit some of our second quarter highlights. As Clint said, in Q2, we reported revenue of $23.2 million compared to $19 million a year ago. Likewise, we reported record adjusted EBITDA of $11.4 million. This is also our sixth consecutive quarter of positive adjusted EBITDA. We generated second quarter subscription revenue of $8.9 million, a slight improvement from Q1. Licensing came at $14.1 million, a 48% increase from last year. Second quarter gross margin was 73%, improving from 53% last year, as we were able to generate significant new revenue in the quarter with only minimal incremental distribution costs. Total operating expenses were down by 24.1% as we continue to see the benefits of our ongoing cost rationalization efforts. We reported record net income in the second quarter of $8.9 million or $0.15 a share. This compares to $0.8 million of net income in the second quarter of 2021. We believe our balance sheet remains in good shape. In June, we paid our regular $5 million dividend, and we repurchased $600,000 of our shares in the quarter. We also prepaid $2 million to fully consolidate the ownership of our German business and buyout or JV partners, Spiegel and Authentic of their stakes. This transaction officially closed on July 1 and will be reflected in our Q3 results. We ended the quarter with total cash and securities of $10.9 million and no outstanding debt. Based on our quarterly dividend of $0.085 per share at yesterday's closing price, CuriosityStream shares provide a dividend yield of about 12%. Looking at our liquidity outlook for the remainder of 2026, we expect to end the year with a cash and investments balance of $17 million to $22 million. We expect revenue for the second half of the year to be $38 million to $41 million and full year 2026 revenue in the range of $77 million to $82 million. Furthermore, we expect adjusted EBITDA for the second half of the year to be $6 million to $10 million and full year 2026 adjusted EBITDA in the range of $18 million to $22 million. With that, I'll turn it back over to the operator to begin our Q&A. Operator: [Operator Instructions] question, Frank Lorenzo with Singular Research. Frank DiLorenzo: It's Frank, but Frankie is fine. Very nice quarter momentum there for the quarter. You talked about the pipeline. Could you give us a little more detail on the pipeline and how that could potentially drive additional AI training and streaming growth related going forward? Clint Stinchcomb: Yes. Thanks for the question, Frank. Yes. As it relates to our licensing pipeline, it's certainly as robust as it's ever been. And what gives us confidence there as I mentioned on the call, we have really three distinct and durable licensing pillars that kind of reduce risk and create significant long-term upside, that again, they allow us to participate in large and expanding markets, while serving customers with different use cases, buying cycles and commercial objectives. And just to restate what those are, we licensed premium factual video to broadcast Paytv streaming, cable, satellite, wireless and other distribution partners. So that's an ongoing licensing business that we have forever and delivers every quarter. Second, we licensed a highly structured custom and now off-the-shelf video and audio data sets to technology companies for AI training. What we like about these productized off-the-shelf offerings as we believe that will really accelerate sales cycles. We know it accelerates our operational work. And then third, we offer a private code corpus of more than 880 billion tokens for licensing to AI developers and coding agent providers for a training, reinforcement learning, and evaluation as well as to enterprises seeking to fine-tune models after pre-training and general training on open and closed store LLMs. So this scope of sets us up very well, it gives us sort of the largest pipeline that we've ever had. On the licensing side, it can be a little bit chunky from time to time. But the scope and scale of our offering today, I think we believe, will enable us to sort of minimize any dips and certainly optimize semi-transformational upside. Frank DiLorenzo: Okay. Also, could you talk a little more about international. You did an acquisition there recently. Could you just talk about the international landscape, where are you going to have the potential? Maybe expound upon the expansion plans there and the overall potential for the business? Clint Stinchcomb: Yes. Thanks for asking. So on the subscription side, we participated in a joint venture with Spiegel Corporation and with the German company called Authentic for the last few years, and we consolidated our ownership of that in the second quarter. So a meaningful component of our cash and some of our cash went to that. What we operate within the German-speaking territories are 2 24/7 Paytv channels that have real distribution. We have several distribution with our fast channels as well over there. And if you look across the world, Germany and German-speaking Europe is our largest non-English-speaking market. And so we like the potential and the firmness of that market for us. And then the nice thing about our content is it's evergreen, it travels well. And a significant portion of our subscribers are international today, and we believe we'll continue to be from outside the U.S. as we go forward. And we believe that as we continue to roll out new currencies, new billing and payment systems, we'll capitalize even more on the opportunity outside the U.S. for us. Frank DiLorenzo: Okay. Just one other quick question. I think Disney and a few others have been talking about maybe expanding their streaming offerings, adding streaming from other services, et cetera. Could you kind of talk about that landscape, if there's potential there and if there's room for that regarding consumer streaming budgets? Clint Stinchcomb: Well, I think what they're talking about, and we saw it recently with Peacock and YouTube is bundling. And we're big believers in bundling entertainment services, and that's something that you can expect us to continue to pursue aggressively. And we've put some nice bundles in place over the last 6, 8 months. And we believe that over time, those will provide really sturdy, reliable subscription revenue that helps to maintain our subscription business and also enables us to spend efficiently there. So a big believer in bundles. We'll continue to pursue that aggressively. Operator: Next question, Laura Martin with Needham & Company. Daniel Medina: It's Dan stepping in for Laura here. My question is your second half adjusted EBITDA guidance of, what, $6 million to $10 million, does that represents a step down from the $11.4 million that you guys generated? Does the second half moderation reflect higher customer acquisition marketing, cost reinvestment, higher content costs? Or just are you guys just being conservative regarding assumptions for closing additional licensing transactions? Clint Stinchcomb: Thank you for that question, Dan. And I would say the latter. We want to take a conservative approach as it relates to forecasting EBITDA. As you can see, we're sort of on a run rate for the year based on the first 2 quarters of $25 million. We've been heavily focused this year on getting our EBITDA up and over $20 million. And I think that we'll monitor that as the second half of the year goes on. And if it warrants kind of making changes to that guidance, that's something that we will do. But what we'd like to do is meet and exceed our guidance. Daniel Medina: Great. I had a follow-up question, if it's okay, on -- so you guys had almost 73% gross margin in the second quarter. And I'm wondering, how much of the 38 to 41 in second half revenue guidance, is contracted -- is already contracted for by [ HI ] training data? Or how much of that is can you say it's going to be like on new deal expectations in Q3, Q4? Clint Stinchcomb: Yes, appreciate that question, Dan. We have a lot in the pipeline right now. It's hard to project with great precision where our licensing revenue will end up. But if you look at the first half numbers and say, okay, they're $38 million, $38.5 million for the first half of the year. If you just took our sort of run rate subscription revenue and other revenue out, that's another $19 million to $20 million, which gets you kind of in that $58 million, $59 million range. The low end of our guidance of $77 million to $82 million would be kind of another $20 million in licensing revenue for the second half of the year. High end would be $24 million. We exceeded that this quarter. So we have confidence in getting to those levels. And I talked a little bit about what we've done from a productization standpoint, have 17 distinct video data sets today. And that, we really believe, and we're already starting to see it; will help to kind of accelerate our sales cycle. It certainly has helped to accelerate our operational cycle. And as we to do that, we think that, that will make our range certainly a bit more predictable as we go forward. Operator: Next question, Jason Kreyer with Craig-Hallum. Jason Kreyer: Maybe I'll pick up where we left off, Clint. You were talking about those 17 new off-the-shelf data products. Can you just talk maybe a little bit more about the reception to those products and how that has influenced the pipeline for the second half of the year? Clint Stinchcomb: Yes. Thank you for asking that, Jason. And it's not that we're introducing new content, but we productized a significant portion of our library. Again, we have -- we control rights to well over 3 million hours of audio and video across finished programming, raw footage and a host of other types of content. And so when we mention these off-the-shelf productized data sets, what we're talking about is a distinct data set of scripted entertainment, as an example. There's a certain number of hours there. All of the metadata is baked into it. And when I say all of the metadata, like much more significant metadata than in any kind of video licensing agreement. We have a video data set of professional and collegiate sports, as an example, that where you might find like well over 100,000 hours of content and some of which is heavily annotated, data sets around science and technology, around animation and anime, around automotive, around wildlife. So we've got these really distinct sort of historical categories of premium broadcast video. While at the same time, we've built and organized data sets around collections like emerging subjects and objects. And so this is -- these are like clips built around camera reveals, subjects emerging from forests, water, doorways. We have high dynamic range video, which is really interesting, particularly for video gen companies because today, the model needs to know -- these models need to know a lot more than like just what does an elephant look like, they need to know like what does an elephant look like at noon, at sunset, in the shadow, against bright sky, partially occluded, moving between light and darkness from different camera positions. So we have these kind of unique categories as well, character tracking, raw footage. And I think if you look at the scope of IP that we licensed in the last quarter, I don't think you can find another company in history that has license sort of the scope of content that we have. What I mean by that is traditional video to more than 25 platforms and channels. multi-camera synchronized video for AI training, HDR video for model training, millions of tokens of code for more than 10 sources and languages for training. So we have customized data sets. And we have off-the-shelf data sets. And that doesn't mean that there's not still a lot of evaluation and back and forth as we do these deals. But as you develop -- as you productize more and more of your library end of your code, definitely helps to simplify and accelerate processes that can take some time. Does that answer your question? Jason Kreyer: It does. I mean maybe I'll ask a follow-up here. So last quarter, we had talked about how you're engaging more with maybe a new group of LLM and they want to consume content differently than the existing LLMs you're working with. These -- the productization of these off-the-shelf packages, is that meant for this new group of LLMs? Is this kind of the first step in trying to create a monetizable solution for these LLMs? I'm just looking for an update on how that strategy is progressing. Clint Stinchcomb: Yes. And I don't mean to imply that there's a lot of big new frontier developers coming into the marketplace. I mean there's 7 or 8 of those guys, and there's a couple of more that kind of sit on the periphery. But beyond those companies, there are an increasing number of companies who need to license either code or video or specific -- some type of specific video or audio to train their models. So the overall number of companies who are licensing IP, that's expanding. And yes, absolutely helps, especially for some of the -- it helps across the spectrum, but I think certainly for some smaller companies, who might want to take maybe a slightly smaller bite at the beginning than other large companies, it's really helpful. Just as a company, we just are trying to simplify everything, trying to simplify everything and trying to just bring a level of velocity to everything. And so that's productization velocity or product velocity. That's prospecting velocity, operational velocity, sales velocity, acquisition velocity, deal velocity, marketing velocity. If you can't bring the velocity, you'll have a hard time kind of lasting here. And I think that's just kind of true across the media landscape. And we just -- I mean, I personally am just kind of I'm amazed every day at the sort of world that we're living in today. I'm so grateful to be living and operating in this time when there is just extraordinary opportunity in front of us. And in our case, we have the opportunity to engage with the world's largest companies and many of the most exciting emerging companies. Jason Kreyer: I'm going to ask one more. Just going back to the numbers, really good gross margin improvement this quarter, really good cost management this quarter? And maybe reconcile that back to Dan's question, just in terms of if we look at the second half guide, if we continue gross margins where they're at and we continue the cost discipline on OpEx; it seems like that would produce a bigger EBITDA number. So just wondering, how we should think about both margins and OpEx as we get into the second half? Phillip Hayden: Yes. Well, I think you can definitely think about OpEx as decreasing. So a lot of the work that we've done over the last year, you'll see in the second half of the year. So -- whereas this last quarter, I think our OpEx overall expenses were down about 24%. And I think if you look at the second half of the year as compared to the first half of the year, there will be an additional probably 18% to 20% reduction there in our costs. So we think that there'll be obviously some EBITDA opportunity on the cost side. And then as it relates to the revenue side, there will probably be more rev share agreements in the second half of the year than they were in the first half of the year. And so we've just kind of tried to balance out the EBITDA based on those projections. Operator: Thank you. This does conclude today's teleconference. You may disconnect your lines at this time, and we thank you for your participation. Before you buy stock in CuriosityStream, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and CuriosityStream wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $419,408!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,348,694!* Now, it’s worth noting Stock Advisor’s total average return is 966% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of August 19, 2026. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. CuriosityStream (CURI) Q2 2026 Earnings Call Transcript was originally published by The Motley Fool

This article first appeared on GuruFocus. Release Date: August 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. CuriosityStream Inc (NASDAQ:CURI) delivered its strongest quarterly financial performance in history, with record operating income, EBITDA, adjusted EBITDA, net income, and earnings per share. Licensing revenue surged 48% year-over-year to $14.1 million, driven by three distinct pillars: premium factual video, structured video/audio data sets for AI training, and a private code corpus of over 880 billion tokens. The company productized its video library into 17 off-the-shelf data set products, which is expected to reduce friction in licensing, shorten sales cycles, and accelerate deal velocity. Total operating expenses declined 24% year-over-year, and gross margin expanded to 73% from 53%, showcasing significant operating leverage and a more efficient business model. Adjusted EBITDA reached a record $11.4 million, up approximately 300%, with adjusted EBITDA margin improving to 49% from 16%, and the company expects further cost reductions in the second half of the year. The company maintains a strong balance sheet with no outstanding debt, paid a regular $5 million dividend, repurchased shares, and fully consolidated its German business to strengthen its international presence. Second-half 2026 adjusted EBITDA guidance of $6 million to $10 million represents a step down from the $11.4 million achieved in Q2, reflecting a conservative approach to forecasting licensing deal closures. Subscription revenue remained roughly flat year-over-year at approximately $9 million, indicating limited growth in the core subscription business as the company prioritizes durable economics over growth. The company expects more revenue share agreements in the second half of the year, which could pressure margins and offset some of the benefits from cost reductions. Licensing revenue is described as 'chunky' and difficult to project with precision, creating uncertainty around quarterly revenue predictability despite a robust pipeline. The company's cash and securities balance of $10.9 million is relatively modest, and the high dividend yield of about 12% may strain liquidity if cash generation does not meet expectations. While the licensing pipeline is robust, the company acknowledges that the number of large frontier model developers is limited (seven or eight), and growth depends on expanding the broader market of companies needing AI training data. Warning! GuruFocus has detected 3 Warning Signs with CURI. Is CURI fairly valued? Test your thesis with our free DCF calculator. Q: Could you give us a little more detail on the pipeline and how that could potentially drive additional AI training and streaming growth going forward? A: Clint Finchcombe (CEO): Our licensing pipeline is as robust as it's ever been, driven by three distinct and durable pillars: licensing premium factual video to traditional distribution partners, licensing structured video/audio data sets to tech companies for AI training, and offering a private code corpus of over 880 billion tokens to AI developers. The productization of our offerings, including 17 off-the-shelf video datasets, is expected to accelerate sales cycles and minimize dips in licensing revenue while optimizing upside. Q: Your second-half adjusted EBITDA guidance of $6 million to $10 million represents a step down from the $11.4 million generated in Q2. Does this reflect higher costs or are you just being conservative regarding licensing transactions? A: Clint Finchcombe (CEO): We are taking a conservative approach to forecasting EBITDA. While our current run rate suggests $25 million for the year, we are focused on getting EBITDA over $20 million. We will monitor performance in the second half and adjust guidance if warranted, as our goal is to meet and exceed our projections. Q: You had almost 73% gross margin in Q2. How much of the $38 to $41 million second-half revenue guidance is already contracted for, versus new deal expectations? A: Clint Finchcombe (CEO): We have a lot in the pipeline, but it's hard to project licensing revenue with precision. Excluding subscription revenue, the low end of our guidance implies about $20 million in licensing revenue for the second half, while the high end is $24 million. Given we exceeded that level in Q2 and the productization of our datasets is accelerating sales cycles, we have confidence in reaching these targets. Q: Can you talk more about the reception to the 17 new off-the-shelf data products and how that has influenced the pipeline for the second half? A: Clint Finchcombe (CEO): We control rights to over 3 million hours of audio and video. The off-the-shelf datasets include distinct categories like scripted entertainment, professional sports (with over 100,000 hours), science, animation, and automotive, all with rich metadata. We also offer specialized datasets like HDR video and character tracking, which are particularly valuable for video generation models. This productization simplifies and accelerates the licensing process, making it easier for customers to evaluate and purchase. Q: Is the productization of off-the-shelf packages meant for a new group of LLMs, and how is that strategy progressing? A: Clint Finchcombe (CEO): Beyond the seven or eight major frontier developers, there is an expanding number of companies needing to license code or video for model training. Productization helps across the spectrum, especially for smaller companies looking to start with smaller deals. We are focused on bringing velocity to every aspect of the businessproduct, sales, and deal velocityto capitalize on the extraordinary opportunities in the current media landscape. Q: Given the strong gross margin and cost management, how should we think about margins and OpEx in the second half? A: Clint Finchcombe (CEO): You can expect OpEx to decrease further, with an additional 18% to 20% reduction in the second half compared to the first half. However, there will likely be more revenue share agreements in the second half, which we have balanced against our EBITDA projections. This explains the moderation in EBITDA guidance despite continued cost discipline. Q: Could you talk about the international landscape, the recent acquisition, and expansion plans? A: Clint Finchcombe (CEO): We consolidated our ownership of the German joint venture with Spiegel and Autentic, which closed on July 1st. We operate two 24/7 pay TV channels in German-speaking Europe, our largest non-English speaking market. Our content is evergreen and travels well, and a significant portion of our subscribers are international. We plan to capitalize on this by rolling out new currencies and billing systems to grow outside the U.S. Q: With Disney and others expanding streaming offerings and bundling, is there room for that regarding consumer streaming budgets? A: Clint Finchcombe (CEO): We are big believers in bundling entertainment services and will continue to pursue that aggressively. We have put several bundles in place over the last six to eight months, which we believe will provide sturdy, reliable subscription revenue and enable us to spend efficiently in that area. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved record quarterly financial performance by combining differentiated content and data assets with a disciplined operating model that created substantial operating leverage. Revenue growth was primarily driven by a 48% increase in licensing, highlighting the strategic value of the Curiosity corpus across three distinct pillars: premium factual video, AI training data sets, and a private code corpus. Productized a significant portion of the video library into 17 off-the-shelf data sets to reduce friction in the licensing process and shorten sales cycles for AI developers. Maintained a disciplined approach to the subscription business, prioritizing durable economics and efficient customer acquisition over growth at any cost. Leveraged AI productivity tools and talent alignment to reduce total operating expenses by 24% year-over-year while continuing selective investments in core capabilities. Increased gross margin to 73% by generating significant new revenue with only minimal incremental distribution costs. Management expects further progress in expense reduction during the second half of the year, targeting an additional 18% to 20% reduction in operating costs compared to the first half. The licensing pipeline is characterized as robust, with the productization of data sets expected to accelerate sales velocity and minimize potential revenue dips. Guidance for the second half of 2026 assumes a conservative approach to EBITDA, accounting for a higher proportion of revenue share agreements compared to the first half. Long-term strategy focuses on building a reliable, recurring revenue base of $100 million or more through diversified monetization across established and emerging platforms. Anticipates ending 2026 with a cash and investments balance between $17 million and $22 million, supported by continued positive adjusted EBITDA. Fully consolidated ownership of the German business by paying $2 million to buy out joint venture partners Spiegel and Authentic, effective July 1. Maintained capital return initiatives through a $5 million regular dividend payment and $600,000 in share repurchases during the quarter. The private code corpus offering, consisting of more than 880 billion tokens, is positioned as a unique asset for frontier model developers and coding agent providers. Ended the quarter with $10.9 million in cash and securities and no outstanding debt, providing a stable foundation for ongoing operations. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management noted the licensing pipeline is at its most robust level, supported by three pillars: traditional broadcast licensing, off-the-shelf AI video data sets, and a massive private code corpus. The productization of 17 distinct video data sets is specifically designed to accelerate sales cycles and operational workflows by providing pre-annotated, high-utility content. The buyout of German JV partners allows CuriosityStream to fully control its largest non-English-speaking market, which includes two 24/7 PayTV channels and FAST channel distribution. Management believes the evergreen nature of their content travels well internationally and plans to capitalize on this through new currencies and billing systems. Management expressed strong belief in the aggressive pursuit of bundling entertainment services to provide sturdy, reliable subscription revenue. Bundling is viewed as a key strategy to maintain the subscription business while keeping marketing and acquisition spending efficient. The lower EBITDA guidance for the second half relative to Q2 reflects a conservative forecasting approach rather than a fundamental shift in costs. Management expects an additional 18% to 20% reduction in OpEx in the second half, though this will be balanced against a projected increase in revenue-share agreements.

Interested in CuriosityStream Inc.? Here are five stocks we like better. CuriosityStream reported record second-quarter results: Revenue rose 22% year over year to $23.2 million, while net income reached $8.9 million and adjusted EBITDA climbed roughly 300% to $11.4 million. Licensing drove growth and included AI-focused products: Licensing revenue increased 48% to $14.1 million, supported by packaged video and audio data sets and a private code corpus for artificial-intelligence developers. Management maintained a positive 2026 outlook: Full-year revenue is projected at $77 million to $82 million and adjusted EBITDA at $18 million to $22 million, while the company expects further expense reductions and ended the quarter with $10.9 million in cash and securities and no debt. CuriosityStream Stock is Poised to Breakout CuriosityStream (NASDAQ:CURI) reported what Chief Executive Officer Clint Stinchcomb described as the strongest quarterly financial performance in the company’s history for the second quarter of 2026, driven by growth in licensing revenue, lower operating expenses and improved margins. Revenue totaled $23.2 million, up 22% from $19 million in the prior-year quarter. Licensing revenue increased 48% year over year to $14.1 million and represented the largest source of revenue growth, while subscription revenue was $8.9 million, roughly in line with the second quarter of 2025 and slightly above the first quarter of 2026. → SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat CuriosityStream reported record net income of $8.9 million, or $0.15 per share, compared with approximately $0.8 million to $0.9 million in the year-earlier period. Adjusted EBITDA reached a record $11.4 million, an increase of about 300% year over year, marking the company’s sixth consecutive quarter of positive Adjusted EBITDA. Stinchcomb said the company’s licensing operations are supported by three areas: premium factual-video licensing to media and distribution partners; structured video and audio data sets for technology companies training artificial intelligence models; and a private code corpus containing more than 880 billion tokens for AI developers, coding-agent providers and enterprises. → AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be The CEO said CuriosityStream has productized part of its video library for AI-training customers, creating 17 off-the-shelf video data-set products. The collections include categories such as scripted entertainment, professional and collegiate sports, animation, wildlife, science, automotive and instructional content, as well as structured clips involving high-dynamic-range video, character tracking, synchronized multi-camera footage and raw footage. According to Stinchcomb, organizing and packaging the company’s intellectual property around AI developers’ requirements is intended to make data sets easier to evaluate and help shorten sales cycles. He said the licensing pipeline is “as robust as it has ever been,” although licensing revenue can be uneven from period to period. → First Solar’s Profit Engine Faces a New Policy Test in Washington During the analyst question-and-answer session, Stinchcomb said the company expects demand from a growing number of companies that need to license code, video, audio or more specific forms of content to train models. He said the off-the-shelf offerings may be particularly useful for smaller customers seeking to begin with more limited purchases. Second-quarter gross margin rose to 73% from 53% a year earlier. Chief Financial Officer Brady Hayden said the improvement reflected the company’s ability to generate significant new revenue with minimal incremental distribution costs. Total operating expenses fell 24.1% from the prior-year quarter as the company continued cost-rationalization efforts. Stinchcomb said CuriosityStream reduced spending across its major expense categories by using AI productivity tools and aligning its talent base with higher-value priorities. The company expects further expense reductions in the second half. Stinchcomb told analysts that operating expenses in the latter half of 2026 could decline an additional 18% to 20% compared with the first half. However, he said revenue-sharing agreements are expected to account for a greater portion of licensing activity in the second half than they did in the first half, affecting EBITDA projections. Management said it remains committed to the subscription business but is managing it for “durable economics” rather than pursuing subscriber growth at any cost. Stinchcomb also said the company continues to pursue streaming-service bundles, which it views as a source of more stable subscription revenue and more efficient customer-acquisition spending. CuriosityStream prepaid $2 million to fully consolidate ownership of its German business and buy out joint-venture partners SPIEGEL TV and Autentic. The transaction closed July 1 and will be reflected in third-quarter results, Hayden said. Stinchcomb said the German-speaking market is the company’s largest non-English-speaking market. The company operates two 24/7 pay-TV channels in the territory and also has FAST-channel distribution there. He said CuriosityStream sees further international opportunity as it adds currencies, billing options and payment systems. The company ended the quarter with $10.9 million in cash and securities and no outstanding debt. During June, CuriosityStream paid its regular $5 million dividend and repurchased $600,000 of its shares. Based on its quarterly dividend of $0.085 per share and the prior day’s closing price, Hayden said the shares had a dividend yield of about 12%. For the second half of 2026, CuriosityStream forecast revenue of $38 million to $41 million and Adjusted EBITDA of $6 million to $10 million. Full-year revenue is expected to range from $77 million to $82 million, while full-year Adjusted EBITDA is projected at $18 million to $22 million. Hayden said the company expects to finish 2026 with $17 million to $22 million in cash and investments. Stinchcomb said management has sought to provide conservative EBITDA guidance and will monitor whether conditions warrant changes as the year progresses. Looking longer term, Stinchcomb said the company is focused on building annualized revenue of $100 million or more that is reliable, recurring and increasingly predictable. 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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "CuriosityStream Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Raised full year guidance for both revenue and adjusted EBITDA Revenue of $23.2 million, up 22% or $4.2 million Licensing revenue of $14.1 million, up 48%, driven by new partnerships Record net income of $8.9 million, up 1,033% or $8.1 million Record Adj. EBITDA of $11.4 million, up 276% or $8.3 million EPS of $0.15 per share Continued return of capital to shareholders through share repurchases and cash dividend of $0.085 SILVER SPRING, MD / ACCESS Newswire / August 12, 2026 / CuriosityStream Inc. (Nasdaq:CURI), a global factual entertainment company, today announced its financial results for the quarter ended June 30, 2026. In addition, the Company's Board of Directors declared the Company's third quarter cash dividend of $0.085 per share, payable on September 18, 2026, to stockholders of record on September 4, 2026. "Curiosity delivered a record second quarter, demonstrating the earnings power of our differentiated content and data corpora and our efficient operating model," said Clint Stinchcomb, CuriosityStream's President and CEO. "Licensing revenue reached $14.1 million, supported by new partnerships across traditional media and AI training, while our gross margin expanded to 73%. The combination of strong licensing execution, sturdy subscription revenue and continued cost discipline drove record net income of $8.9 million and record adjusted EBITDA of $11.4 million." "This was our sixth consecutive quarter of positive adjusted EBITDA, and we believe we are still in the early stages of realizing the full value of our IP," Stinchcomb continued. "We continue to expect a significant step-up in revenue and cash flow in 2026 compared with 2025 from our subscription and licensing efforts. Our licensing opportunity is built on three pillars: video licensing to traditional media; audio and video licensing for AI training; and private code licensing for AI training. With a robust pipeline we are raising our full-year revenue and adjusted EBITDA outlook while continuing to invest in growth and return capital to shareholders through dividends." Second Quarter 2026 Financial Results Revenue of $23.2 million, compared to $19.0 million in the second quarter of 2025; Gross profit of $16.9 million or 72.8% gross margin, compared to $10.1 million or 53.4% gross margin in the second quarter of 2025; Record net income of $8.9 million compared to a net income of $0.8 million in the second quarter of 2025. Record adjusted EBITDA of $11.4 million, an increase of $8.3 million, compared to Adjusted EBITDA of $3.0 million in the second quarter of 2025, and the sixth sequential quarter of positive EBITDA; Reduced operating expenses by $4.5 million, or 24.1%, compared to the second quarter of 2025; Net cash used in operating activities of $3.0 million for the six months ended June 30, 2026, compared to net cash provided by operating activities of $4.7 million for the six months ended June 30, 2025; Paid an ordinary dividend of $5.0 million and repurchased nearly $0.6 million in common shares; and Cash, restricted cash and held-to-maturity securities balance of $10.9 million and no debt as of June 30, 2026. Second Quarter 2026 Business Highlights Licensed thousands of hours of traditional premium video to over 25 public broadcasters, streamers, paytv and digital first distributors; Premiered Independence Dawn, new season of Butterfly Effect and over 160 films and series to SVOD and Paytv subscribers; Licensed millions of tokens of code for AI training, reinforcement learning and evaluation; Private code corpus of more than 880 billion tokens now available for virtually all aspects of AI training; Licensed thousands of hours of synchronized multi-camera action sequences to a leading video research lab to train models on advanced video editing workflows; Licensed 40,000 segment High Dynamic Range (HDR) dataset; Seventh straight quarter of expanded data and video licensing partnerships for AI training, having now built a differentiated content library of rights to over three million hours of video and audio across multiple genres; New subscription launches in Mexico and US with Apple, Sling, Dish and other partners; and Continued enhancements in payments, billing and processing. May 2026 was the Company's best month in history for retention of involuntary churn. Financial Outlook CuriosityStream expects the following for the second half and full year of 2026: Second-half 2026 revenue in the range of $38 - $41 million, and full-year 2026 revenue in the range of $77 - $82 million. Second-half 2026 Adjusted EBITDA1 in the range of $6 - $10 million, and full-year 2026 Adjusted EBITDA1 in the range of $18 - $22 million. December 31, 2026, cash and investments2 balance in the range of $17 - 22 million. 1 See Non-GAAP Financial Measures below. 2 Cash and investments consist of financial instruments, including cash and cash equivalents, restricted cash, investments in debt and other securities, and investments in equity method investees. Conference Call Information CuriosityStream will host a Q&A conference call today to discuss the Company's second quarter 2026 results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). A live audio webcast of the call will be available on the CuriosityStream Investor Relations website at https://investors.curiositystream.com. Participants may also dial-in toll free at (877) 407-9716 or International at (201) 493-6779 and reference conference ID# 13758750. An audio replay of the conference call will be available for two weeks following the call on the CuriosityStream Investor Relations website at https://investors.curiositystream.com. Forward-Looking Statements Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, CuriosityStream's expectations or predictions of future financial or business performance or conditions, consumers' valuation of factual content, and the Company's continued success. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "should," "seeks," "plans," "scheduled," "anticipates," "predicts" or "intends" or similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed under "Risk Factors" in CuriosityStream's Annual Report on Form 10-K for the year ended December 31, 2025, that CuriosityStream filed with the Securities and Exchange Commission (the "SEC") on March 12, 2026, and in CuriosityStream's other SEC filings. These risk factors are important to consider in determining future results and should be reviewed in their entirety. Forward-looking statements are based on the current belief of the management of CuriosityStream, based on currently available information, as to the outcome and timing of future events, and involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and CuriosityStream is not under any obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports that CuriosityStream has filed or will file from time to time with the SEC. In addition to factors previously disclosed in CuriosityStream's reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: (i) risks related to CuriosityStream's ability to maintain and develop new and existing revenue-generating relationships and partnerships or to significantly increase CuriosityStream's subscriber base and retain customers; (ii) the effects of pending and future legislation; (iii) risks of the internet, online commerce and media industry; (iv) the highly competitive nature of the internet, online commerce and media industry and CuriosityStream's ability to compete therein; (v) litigation, complaints, and/or adverse publicity; and (vi) privacy and data protection laws, privacy or data breaches, or the loss of data. Non-GAAP Financial Measures To supplement our unaudited consolidated statement of operations, which is prepared in accordance with GAAP, we present Adjusted EBITDA and Adjusted Free Cash Flow in this press release. Our use of non-GAAP financial measures, such as Adjusted EBITDA and Adjusted Free Cash Flow, has limitations as an analytical tool, and these measures should not be considered in isolation or as a substitute for analysis of financial results as reported under GAAP. The Company is not able to provide expectations of net cash generated from operating activities, the closest comparable GAAP measure to Adjusted Free Cash Flow (a non-GAAP measure), on a forward-looking basis. The Company is unable to predict without unreasonable costs and efforts the ultimate amounts of certain cash receipts and outlays because, in part, such items may have not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. These items are further described in the reconciliation tables and related descriptions below. Further, these items are uncertain, depend on various factors and could be material to the Company's results computed in accordance with U.S. GAAP. We use these non-GAAP financial measures in conjunction with financial measures prepared in accordance with GAAP for planning purposes, including in the preparation of our annual operating budget, as a measure of our core operating results and the effectiveness of our business strategy, and in evaluating our financial performance. These measures provide consistency and comparability with past financial performance, facilitate period-to-period comparisons of core operating results, and also facilitate comparisons with other peer companies, many of which use similar non-GAAP financial measures to supplement their GAAP results. In addition, Adjusted EBITDA and Adjusted Free Cash Flow are widely used by investors and securities analysts to measure a company's operating performance. We exclude the following items from net income to calculate Adjusted EBITDA: interest and other income (expense), provision for income taxes, depreciation and non-content amortization, loss/(gain) on the change in fair value of our warrants, equity interests loss (gain), impairment of goodwill, intangible assets and content assets, restructuring charges and stock-based compensation. Adjusted Free Cash Flow is calculated as net cash flow used in operating activities less purchases of property and equipment, restructuring charges and nonrecurring license fees. Investors are cautioned that there are material limitations associated with the use of non-GAAP financial measures as an analytical tool. In particular, (1) although depreciation and amortization expense are non-cash charges, the assets subject to depreciation and amortization may have to be replaced in the future, and Adjusted EBITDA does not reflect cash capital expenditure requirements for such replacements or for new capital expenditure requirements; (2) Adjusted EBITDA does not reflect: (a) changes in, or cash requirements for, our working capital needs; or (b) tax payments that may represent a reduction in cash available to us; and (3) Adjusted Free Cash Flow does not reflect: (a) our cash flow available for discretionary payments; (b) our future contractual commitments (such as any debt service requirements or dividend payments); (c) funds available for investment or other discretionary uses; (d) certain capital expenditure requirements; or (e) the total increase or decrease in our cash balances for the stated period. The non-GAAP financial measures we use may be different from non-GAAP financial measures used by other companies, limiting their usefulness for comparison purposes. We compensate for these limitations by providing specific information regarding the GAAP items excluded from these non-GAAP financial measures. A reconciliation of these non-GAAP financial measures has been provided in the financial statements tables included in this press release and investors are encouraged to review the reconciliation. About CuriosityStream Inc. CuriosityStream Inc. (Nasdaq:CURI) is the entertainment brand for people who want to know more. The global media company is home to award-winning original and curated factual films, shows, and series covering science, nature, history, technology, society, and lifestyle. CuriosityStream is also a leading provider of AI model training datasets, leveraging one of the world's largest and most valuable rights-cleared media corpora. The company's portfolio spans millions of hours of premium video and audio, 880 billion tokens of production-grade code rich with developer context, and dozens of bespoke datasets created with proprietary content intelligence tools. CuriosityStream's data licensing partnerships enable leading technology companies to train and fine-tune generative, agentic, and physical AI systems that will power the next era of infrastructure and enterprise capabilities. CuriosityStream also reaches millions of subscribers worldwide, operating the flagship Curiosity Stream SVOD service; Curiosity Channel, the linear television channel available via global distribution partners; Curiosity University, featuring talks from the best professors at the world's most renowned universities as well as courses, short and long-form videos, and podcasts; Curiosity Now, Curiosity History, Curiosity Animals, Curiosity Explora, and other free, ad-supported channels; Curiosity Audio Network, with original content and podcasts; and Curiosity Studios, which oversees original programming. For more information, visit CuriosityStream.com. Contacts: CuriosityStream Investor RelationsBrett [email protected] CuriosityStream Inc.Condensed Consolidated Balance Sheets CuriosityStream Inc.Condensed Consolidated Statements of Operations CuriosityStream Inc.Condensed Consolidated Statements of Cash Flows CuriosityStream Inc.Reconciliation from Net Income to Adjusted EBITDA 1 Amounts do not include amortization of content assets.2 Consists primarily of severance and other costs associated with ongoing workforce optimization.3 Consists of nonrecurring license, risk mitigation expenses, and loss on asset disposal associated with the Curiosity Brands, LLC transaction. CuriosityStream Inc.Reconciliation from Net Cash Flow provided by Operating Activities to Adjusted Free Cash Flow 1 Consists primarily of severance and ongoing workforce optimization.2 Consists primarily of payments related to risk mitigation efforts. SOURCE: CuriosityStream View the original press release on ACCESS Newswire

CuriosityStream Inc. (CURI) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +275.00%. A quarter ago, it was expected that this company would post a loss of $0.02 per share when it actually produced a loss of $0.02, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates just once. CuriosityStream, which belongs to the Zacks Film and Television Production and Distribution industry, posted revenues of $23.25 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 8.44%. This compares to year-ago revenues of $19.01 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. CuriosityStream shares have lost about 26.3% since the beginning of the year versus the S&P 500's gain of 12.9%. While CuriosityStream has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for CuriosityStream was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.03 on $20.53 million in revenues for the coming quarter and $0.07 on $78.75 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Film and Television Production and Distribution is currently in the top 26% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the broader Zacks Consumer Discretionary sector, Melco Resorts (MLCO), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 13. This casino company is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year-over-year change of -73.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Melco Resorts' revenues are expected to be $1.29 billion, down 2.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CuriosityStream Inc. (CURI) : Free Stock Analysis Report Melco Resorts & Entertainment Limited (MLCO) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Lifetime Brands (LCUT) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of a loss of $0.2 per share. This compares to a loss of $0.5 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +690.00%. A quarter ago, it was expected that this kitchen products company would post a loss of $0.18 per share when it actually produced earnings of $0.04, delivering a surprise of +122.22%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Lifetime Brands, which belongs to the Zacks Consumer Products - Discretionary industry, posted revenues of $141.57 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.08%. This compares to year-ago revenues of $131.86 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Lifetime Brands shares have added about 113.2% since the beginning of the year versus the S&P 500's gain of 12.8%. While Lifetime Brands has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Lifetime Brands was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.25 on $176.83 million in revenues for the coming quarter and $0.73 on $671.13 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Discretionary is currently in the bottom 19% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. CuriosityStream Inc. (CURI), another stock in the broader Zacks Consumer Discretionary sector, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 12. This company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of +300%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. CuriosityStream Inc.'s revenues are expected to be $21.44 million, up 12.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lifetime Brands, Inc. (LCUT) : Free Stock Analysis Report CuriosityStream Inc. (CURI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SILVER SPRING, MD / ACCESS Newswire / July 8, 2026 / CuriosityStream Inc. (the "Company") (Nasdaq:CURI), a leading global factual entertainment media company, today announced that it will release financial results for the second quarter of 2026 on Wednesday, August 12, 2026, after market close. The company will host a Q&A conference call to discuss these results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on the same day. Reporters are invited to join the call on a listen-only basis. Participants may dial in toll-free at (877) 407-9716 or (201) 493-6779. A live audio webcast of the call will also be available on the CuriosityStream Investor Relations website at https://investors.curiositystream.com. An audio replay of the conference call will be available for two weeks following the call on the CuriosityStream Investor Relations website at https://investors.curiositystream.com. About CuriosityStream Inc. CuriosityStream Inc. (Nasdaq:CURI) is the entertainment brand for people who want to know more. The global media company is home to award-winning original and curated factual films, shows, and series covering science, nature, history, technology, society, and lifestyle. CuriosityStream is also a leading provider of AI model training datasets, leveraging one of the world's largest and most valuable rights-cleared media corpora. The company's portfolio spans millions of hours of premium video and audio, 850 billion tokens of production-grade code rich with developer context, and dozens of bespoke datasets created with proprietary content intelligence tools. CuriosityStream's data licensing partnerships enable leading technology companies to train and fine-tune generative, agentic, and physical AI systems that will power the next era of infrastructure and enterprise capabilities. CuriosityStream also reaches millions of subscribers worldwide, operating the flagship Curiosity Stream SVOD service; Curiosity Channel, the linear television channel available via global distribution partners; Curiosity University, featuring talks from the best professors at the world's most renowned universities as well as courses, short and long-form videos, and podcasts; Curiosity Now, Curiosity History, Curiosity Animals, Curiosity Explora, and other free, ad-supported channels; Curiosity Audio Network, with original content and podcasts; and Curiosity Studios, which oversees original programming. For more information, visit CuriosityStream.com. Contact: CuriosityStream Investor RelationsBrett [email protected] SOURCE: CuriosityStream View the original press release on ACCESS Newswire

CuriosityStream Inc. (CURI) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for CuriosityStream Inc., as there has been strong agreement among the covering analysts in raising estimates. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: For the current quarter, the company is expected to earn $0.04 per share, which is a change of +300.0% from the year-ago reported number. The Zacks Consensus Estimate for CuriosityStream has increased 40% over the last 30 days, as two estimates have gone higher compared to no negative revisions. For the full year, the company is expected to earn $0.08 per share, representing a year-over-year change of +172.7%. The revisions trend for the current year also appears quite promising for CuriosityStream, with one estimate moving higher over the past month compared to no negative revisions. The consensus estimate has also received a boost over this time frame, increasing 100%. The promising estimate revisions have helped CuriosityStream earn a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. CuriosityStream shares have added 7.6% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions. So, you may consider adding it to your portfolio right away to benefit from its earnings growth prospects. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CuriosityStream Inc. (CURI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

It's been a mediocre week for CuriosityStream Inc. (NASDAQ:CURI) shareholders, with the stock dropping 18% to US$2.52 in the week since its latest quarterly results. Results look to have been somewhat negative - revenue fell 9.6% short of analyst estimates at US$15m, although statutory losses were somewhat better. The per-share loss was US$0.02, 33% smaller than the analysts were expecting prior to the result. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on CuriosityStream after the latest results. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. After the latest results, the three analysts covering CuriosityStream are now predicting revenues of US$77.7m in 2026. If met, this would reflect a notable 8.3% improvement in revenue compared to the last 12 months. Statutory losses are forecast to narrow 2.0% to US$0.14 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$80.9m and earnings per share (EPS) of US$0.03 in 2026. The analysts have made an abrupt about-face on CuriosityStream, administering a minor downgrade to to revenue forecasts and slashing the earnings outlook from a profit to loss. View our latest analysis for CuriosityStream The average price target fell 14% to US$5.33, implicitly signalling that lower earnings per share are a leading indicator for CuriosityStream's valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values CuriosityStream at US$6.00 per share, while the most bearish prices it at US$5.00. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting CuriosityStream is an easy business to forecast or the the analysts are all using similar assumptions. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. For example, we noticed that CuriosityStream's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 11% growth to the end of 2026 on an annualised basis. That is well above its historical decline of 0.3% a year over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 8.3% per year. Not only are CuriosityStream's revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry. The most important thing to take away is that the analysts are expecting CuriosityStream to become unprofitable next year. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for CuriosityStream going out to 2028, and you can see them free on our platform here. Before you take the next step you should know about the 1 warning sign for CuriosityStream that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.