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CuriosityStream vs Gaia: revenue, profit, margins and growth compared

CuriosityStream brought in $71.7M of revenue in fiscal 2025, Gaia $99M in fiscal 2025. Revenue changed by +40.1% at CuriosityStream and +10.8% at Gaia on the year before, so CuriosityStream grew faster. CuriosityStream kept -9.0% of its revenue as net profit, Gaia -4.5%. Free cash flow was $13M at CuriosityStream and -$377K at Gaia.

Side by side, latest fiscal year

CURIGAIA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$71.7M$99M
Revenue growth+40.1%+10.8%
Net income-$6.4M-$4.5M
Net margin-9.0%-4.5%
Free cash flow$13M-$377K
Free cash flow margin18.1%-0.4%
Earnings per share (diluted)-$0.11-$0.18
Cash$18.3M$13.5M
Debtn/a$5.7M
Price to earningsn/an/a
Market value$183.9M$33.1M
Dividend yieldn/an/a
Rank by revenue in sector#704 of 778 · Consumer discretionary#688 of 778 · Consumer discretionary

Over the years

Revenue
CURI FY2019: $18MCURI FY2020: $39.6MCURI FY2021: $71.3MCURI FY2022: $78MCURI FY2023: $56.9MCURI FY2024: $51.1MCURI FY2025: $71.7MGAIA FY2018: $42MGAIA FY2019: $54MGAIA FY2020: $66.8MGAIA FY2021: $79.6MGAIA FY2022: $82MGAIA FY2023: $80.4MGAIA FY2024: $89.3MGAIA FY2025: $99MFY18FY19FY20FY21FY22FY23FY24FY25
CURI $71.7MGAIA $99M
Net income
CURI FY2019: -$42.7MCURI FY2020: -$48.6MCURI FY2021: -$37.6MCURI FY2022: -$50.9MCURI FY2023: -$48.9MCURI FY2024: -$12.9MCURI FY2025: -$6.4MGAIA FY2018: -$33.8MGAIA FY2019: -$18.2MGAIA FY2020: $519KGAIA FY2021: $3.7MGAIA FY2022: -$3.6MGAIA FY2023: -$5.6MGAIA FY2024: -$5.2MGAIA FY2025: -$4.5MFY18FY19FY20FY21FY22FY23FY24FY25
CURI -$6.4MGAIA -$4.5M
Net margin
CURI FY2019: -236.7%CURI FY2020: -122.7%CURI FY2021: -52.8%CURI FY2022: -65.2%CURI FY2023: -85.9%CURI FY2024: -25.3%CURI FY2025: -9.0%GAIA FY2018: -80.5%GAIA FY2019: -33.6%GAIA FY2020: 0.8%GAIA FY2021: 4.7%GAIA FY2022: -4.4%GAIA FY2023: -7.0%GAIA FY2024: -5.9%GAIA FY2025: -4.5%FY18FY19FY20FY21FY22FY23FY24FY25
CURI -9.0%GAIA -4.5%
Revenue growth
CURI FY2020: +119.8%CURI FY2021: +79.9%CURI FY2022: +9.5%CURI FY2023: -27.1%CURI FY2024: -10.1%CURI FY2025: +40.1%GAIA FY2019: +28.5%GAIA FY2020: +23.8%GAIA FY2021: +19.1%GAIA FY2022: +3.1%GAIA FY2023: -2.0%GAIA FY2024: +11.0%GAIA FY2025: +10.8%FY19FY20FY21FY22FY23FY24FY25
CURI +40.1%GAIA +10.8%
Free cash flow
CURI FY2019: -$45.5MCURI FY2020: -$53.9MCURI FY2021: -$73.6MCURI FY2022: -$39.7MCURI FY2023: -$16.2MCURI FY2024: $8.2MCURI FY2025: $13MGAIA FY2018: -$40.2MGAIA FY2019: -$21.3MGAIA FY2020: -$1.7MGAIA FY2021: $3.5MGAIA FY2022: -$6.7MGAIA FY2023: $596KGAIA FY2024: $1.9MGAIA FY2025: -$377KFY18FY19FY20FY21FY22FY23FY24FY25
CURI $13MGAIA -$377K

Fiscal years as each company reports them; the two may end in different months.

Questions about CuriosityStream and Gaia

Which is bigger by revenue, CuriosityStream or Gaia?

Gaia is bigger by revenue: $99M in fiscal 2025, against $71.7M for CuriosityStream in fiscal 2025.

Which keeps more of its revenue as profit, CuriosityStream or Gaia?

CuriosityStream had a net margin of -9.0% in fiscal 2025; Gaia had -4.5% in fiscal 2025.

Which grew revenue faster, CuriosityStream or Gaia?

In their latest fiscal years revenue changed by +40.1% at CuriosityStream and +10.8% at Gaia.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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