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Starz Entertainment vs Kartoon Studios: revenue, profit, margins and growth compared

Starz Entertainment brought in $1.4B of revenue in fiscal 2025, Kartoon Studios $39.4M in fiscal 2025. Revenue changed by -1.6% at Starz Entertainment and +20.7% at Kartoon Studios on the year before, so Kartoon Studios grew faster. Starz Entertainment kept -15.4% of its revenue as net profit, Kartoon Studios -62.3%. Free cash flow was -$63.6M at Starz Entertainment and -$11.6M at Kartoon Studios.

Side by side, latest fiscal year

STRZTOON
Fiscal year endedFY2025 (March 31, 2025)FY2025 (December 31, 2025)
Revenue$1.4B$39.4M
Revenue growth-1.6%+20.7%
Net income-$211.2M-$24.5M
Net margin-15.4%-62.3%
Free cash flow-$63.6M-$11.6M
Free cash flow margin-4.6%-29.4%
Earnings per share (diluted)-$12.63-$0.49
Cash$17.8M$2.9M
Debt$699.9Mn/a
Price to earningsn/an/a
Market value$360.8M$36M
Dividend yieldn/an/a
Rank by revenue in sector#415 of 778 · Consumer discretionary#722 of 778 · Consumer discretionary

Over the years

Revenue
STRZ FY2018: $4.1BSTRZ FY2019: $3.7BSTRZ FY2020: $3.9BSTRZ FY2021: $3.3BSTRZ FY2022: $3.6BSTRZ FY2023: $1.4BSTRZ FY2024: $1.4BSTRZ FY2025: $1.4BTOON FY2018: $993.5KTOON FY2019: $5.9MTOON FY2020: $2.5MTOON FY2021: $7.9MTOON FY2022: $62.3MTOON FY2023: $44.1MTOON FY2024: $32.6MTOON FY2025: $39.4MFY18FY19FY20FY21FY22FY23FY24FY25
STRZ $1.4BTOON $39.4M
Net income
STRZ FY2018: $473.6MSTRZ FY2019: -$284.2MSTRZ FY2020: -$188.4MSTRZ FY2021: -$18.9MSTRZ FY2022: -$188.2MSTRZ FY2023: -$1.9BSTRZ FY2024: -$915.2MSTRZ FY2025: -$211.2MTOON FY2018: -$9MTOON FY2019: -$11.5MTOON FY2020: -$401.7MTOON FY2021: -$126.3MTOON FY2022: -$45.6MTOON FY2023: -$77.1MTOON FY2024: -$20.7MTOON FY2025: -$24.5MFY18FY19FY20FY21FY22FY23FY24FY25
STRZ -$211.2MTOON -$24.5M
Net margin
STRZ FY2018: 11.5%STRZ FY2019: -7.7%STRZ FY2020: -4.8%STRZ FY2021: -0.6%STRZ FY2022: -5.2%STRZ FY2023: -131.5%STRZ FY2024: -65.7%STRZ FY2025: -15.4%TOON FY2018: -906.3%TOON FY2019: -194.3%TOON FY2020: -16,176.8%TOON FY2021: -1,604.1%TOON FY2022: -73.2%TOON FY2023: -174.9%TOON FY2024: -63.6%TOON FY2025: -62.3%FY18FY19FY20FY21FY22FY23FY24FY25
STRZ -15.4%TOON -62.3%
Revenue growth
STRZ FY2019: -10.9%STRZ FY2020: +5.7%STRZ FY2021: -15.9%STRZ FY2022: +10.2%STRZ FY2023: -60.5%STRZ FY2024: -2.1%STRZ FY2025: -1.6%TOON FY2019: +494.7%TOON FY2020: -58.0%TOON FY2021: +217.1%TOON FY2022: +691.3%TOON FY2023: -29.2%TOON FY2024: -26.1%TOON FY2025: +20.7%FY19FY20FY21FY22FY23FY24FY25
STRZ -1.6%TOON +20.7%
Free cash flow
STRZ FY2018: $340.5MSTRZ FY2019: $383.7MSTRZ FY2020: $583.5MSTRZ FY2021: -$35.5MSTRZ FY2022: -$694MSTRZ FY2023: -$472.6MSTRZ FY2024: -$152.2MSTRZ FY2025: -$63.6MTOON FY2018: -$8MTOON FY2019: -$6.3MTOON FY2020: -$8.1MTOON FY2021: -$24.1MTOON FY2022: -$26.5MTOON FY2023: -$16.2MTOON FY2024: -$3.6MTOON FY2025: -$11.6MFY18FY19FY20FY21FY22FY23FY24FY25
STRZ -$63.6MTOON -$11.6M

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

Questions about Starz Entertainment and Kartoon Studios

Which is bigger by revenue, Starz Entertainment or Kartoon Studios?

Starz Entertainment is bigger by revenue: $1.4B in fiscal 2025, against $39.4M for Kartoon Studios in fiscal 2025.

Which keeps more of its revenue as profit, Starz Entertainment or Kartoon Studios?

Starz Entertainment had a net margin of -15.4% in fiscal 2025; Kartoon Studios had -62.3% in fiscal 2025.

Which grew revenue faster, Starz Entertainment or Kartoon Studios?

In their latest fiscal years revenue changed by -1.6% at Starz Entertainment and +20.7% at Kartoon Studios.

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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