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Lionsgate Studios vs Mega Matrix: revenue, profit, margins and growth compared

Lionsgate Studios brought in $2.6B of revenue in fiscal 2026, Mega Matrix $26.1M in fiscal 2025. Revenue changed by +1.8% at Lionsgate Studios and -27.9% at Mega Matrix on the year before, so Lionsgate Studios grew faster. Lionsgate Studios kept -7.5% of its revenue as net profit, Mega Matrix -131.4%.

Side by side, latest fiscal year

LIONMPU
Fiscal year endedFY2026 (March 31, 2026)FY2025 (December 31, 2025)
Revenue$2.6B$26.1M
Revenue growth+1.8%-27.9%
Net income-$198.3M-$34.3M
Net margin-7.5%-131.4%
Free cash flow$11.4Mn/a
Free cash flow margin0.4%n/a
Earnings per share (diluted)-$0.70-$0.75
Cash$341.5M$7.3M
Debt$1.9Bn/a
Price to earningsn/an/a
Market value$3.2B$189M
Dividend yieldn/an/a
Rank by revenue in sector#314 of 955 · Consumer discretionary#807 of 955 · Consumer discretionary

Over the years

Revenue
LION FY2023: $3.1BLION FY2025: $2.5BLION FY2025: $2.6BLION FY2026: $2.6BMPU FY2024: $36.2MMPU FY2025: $26.1MFY23FY24FY25FY26
LION $2.6BMPU $26.1M
Net income
LION FY2021: -$18.9MLION FY2022: -$188.2MLION FY2023: -$2BLION FY2025: -$1.1BLION FY2025: -$362MLION FY2026: -$198.3MMPU FY2022: -$8.5MMPU FY2024: -$4.1MMPU FY2024: -$8.9MMPU FY2025: -$34.3MFY21FY22FY23FY24FY25FY26
LION -$198.3MMPU -$34.3M
Net margin
LION FY2023: -65.2%LION FY2025: -45.0%LION FY2025: -14.0%LION FY2026: -7.5%MPU FY2024: -24.6%MPU FY2025: -131.4%FY23FY24FY25FY26
LION -7.5%MPU -131.4%
Revenue growth
LION FY2025: -20.5%LION FY2025: +5.5%LION FY2026: +1.8%MPU FY2025: -27.9%FY25FY26
LION +1.8%MPU -27.9%
Free cash flow
LION FY2023: $339.6MLION FY2025: $386.9MLION FY2025: -$179.5MLION FY2026: $11.4MFY23FY25FY26
LION $11.4MMPU

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

Questions about Lionsgate Studios and Mega Matrix

Which is bigger by revenue, Lionsgate Studios or Mega Matrix?

Lionsgate Studios is bigger by revenue: $2.6B in fiscal 2026, against $26.1M for Mega Matrix in fiscal 2025.

Which keeps more of its revenue as profit, Lionsgate Studios or Mega Matrix?

Lionsgate Studios had a net margin of -7.5% in fiscal 2026; Mega Matrix had -131.4% in fiscal 2025.

Which grew revenue faster, Lionsgate Studios or Mega Matrix?

In their latest fiscal years revenue changed by +1.8% at Lionsgate Studios and -27.9% at Mega Matrix.

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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