CuriosityStream (NASDAQ:CURI) Issues Earnings Results

CuriosityStream (NASDAQ:CURI) posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.11, Zacks reports. The business had revenue of $23.25 million during the quarter, compared to the consensus estimate of $21.32 million. CuriosityStream had a return on equity of 0.06% and a net margin of 0.03%.

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

• Record Q2 profitability highlighted revenue of $23.2 million, up 22% year over year, record net income of $8.9 million, and adjusted EBITDA of $11.4 million. Gross margin expanded to 73% and adjusted EBITDA margin reached 49%.
• Licensing revenue increased 48% to $14.1 million, supported by premium video distribution, AI-training data sets, and an 880-billion-token private code corpus. Management said its licensing pipeline is the strongest in company history and productized 17 video data sets to shorten sales cycles.
• The company reduced total operating expenses by 24% year over year and expects an additional 18%–20% reduction in second-half costs versus the first half. Management also forecast full-year 2026 revenue of $77 million–$82 million and adjusted EBITDA of $18 million–$22 million.
• Subscription revenue was approximately flat year over year at $8.9 million, as CuriosityStream prioritizes durable economics over aggressive customer acquisition. Management plans to pursue bundling, international expansion, and further distribution opportunities to support recurring subscription revenue.
• Second-half adjusted EBITDA guidance of $6 million–$10 million implies a sequential moderation from Q2’s $11.4 million, partly reflecting expectations for more revenue-sharing agreements and the inherently “chunky” timing of licensing deals. The company ended Q2 with $10.9 million in cash and securities after paying a $5 million dividend, repurchasing $600,000 of stock, and spending $2 million to consolidate its German business.

CuriosityStream Stock Up 1.1%

Shares of NASDAQ CURI traded up $0.03 during mid-day trading on Wednesday, hitting $2.75. 523,827 shares of the company were exchanged, compared to its average volume of 649,239. The stock has a 50 day simple moving average of $2.69 and a 200-day simple moving average of $2.96. CuriosityStream has a 1-year low of $2.30 and a 1-year high of $5.51. The firm has a market cap of $163.19 million, a price-to-earnings ratio of 275.00 and a beta of 1.77.

CuriosityStream Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 4th will be issued a dividend of $0.085 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.34 annualized dividend and a dividend yield of 12.4%. CuriosityStream’s dividend payout ratio (DPR) is currently 3,400.00%.

Insiders Place Their Bets

In other news, Director Patrick J. Keeley sold 31,559 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $2.70, for a total value of $85,209.30. Following the completion of the transaction, the director owned 188,450 shares in the company, valued at $508,815. This trade represents a 14.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Phillip Brady Hayden sold 30,400 shares of CuriosityStream stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $2.56, for a total transaction of $77,824.00. Following the sale, the chief financial officer owned 71,267 shares of the company’s stock, valued at approximately $182,443.52. The trade was a 29.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 31.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CuriosityStream

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CURI. Mangrove Partners IM LLC purchased a new position in shares of CuriosityStream during the fourth quarter valued at approximately $42,000. Quarry LP purchased a new stake in CuriosityStream in the 3rd quarter worth approximately $45,000. Schonfeld Strategic Advisors LLC increased its stake in CuriosityStream by 30.8% in the fourth 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. The Manufacturers Life Insurance Company purchased a new position in CuriosityStream during the second quarter worth about $64,000. Finally, Sherbrooke Park Advisers LLC purchased a new position in CuriosityStream during the third quarter worth about $67,000. Institutional investors and hedge funds own 6.79% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on CURI. Zacks Research upgraded shares of CuriosityStream from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 13th. Singular Research raised shares of CuriosityStream to a “strong-buy” rating in a research report on Monday, June 1st. Weiss Ratings upgraded shares of CuriosityStream from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 14th. Wall Street Zen upgraded shares of CuriosityStream from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, Barrington Research decreased their target price on shares of CuriosityStream from $5.50 to $5.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, CuriosityStream has a consensus rating of “Buy” and an average price target of $5.50.

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.