CNVS
Cineverse Corp.
CNVS lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
CNVS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Strong |
CNVS's revenue and balance sheet are currently healthy, but its profitability and cash flow are weak.
CNVS PE Valuation
CNVS has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 26x next year's earnings.
CNVS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect CNVS to return to profit, with revenue growing. However, they disagree widely on these estimates.
CNVS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.07 | — |
| Q2 2026 | -$0.56 | -473% |
| Q1 2026 | -$0.49 | -406% |
| Q4 2025 | -$0.46 | +$0.64 |
| Q3 2025 | -$0.07 | +$1.59 |
| Q2 2025 | $0.15 | +$1.76 |
| Q1 2025 | $0.16 | +$1.94 |
| Q4 2022 | -$0.97 | -$0.53 |
| Q3 2022 | -$1.57 | +$0.27 |
CNVS has swung to a loss: it lost $0.56 per share over the past year, after a profit the year before.
CNVS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $30.6M | +175% |
| Q1 2026 | $26M | +67% |
| Q4 2025 | $16.3M | -60% |
| Q3 2025 | $12.4M | -3% |
| Q2 2025 | $11.1M | +22% |
| Q1 2025 | $15.6M | +58% |
| Q4 2024 | $40.7M | +207% |
| Q3 2024 | $12.7M | -2.1% |
CNVS's revenue is recovering but still below its 2024 peak: $31M last quarter, up 175% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -17% | +17 points |
| Q1 2026 | -21% | -34 points |
| Q4 2025 | -4% | -27 points |
| Q3 2025 | -44% | -37 points |
| Q2 2025 | -33% | -2.8 points |
| Q1 2025 | 14% | +156 points |
| Q4 2024 | 23% | +20 points |
| Q3 2024 | -6.8% | -11 points |
CNVS's operating margin was −17% last quarter, up 17 points from the same quarter a year ago.
CNVS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$994K | +$13.5M |
| Q1 2026 | -$3.2M | -126% |
| Q4 2025 | -$1.6M | -122% |
| Q3 2025 | -$7.2M | -$6.5M |
| Q2 2025 | -$14.5M | -$12.8M |
| Q4 2024 | $7.4M | +$10.5M |
| Q3 2024 | -$667K | +$2.2M |
| Q2 2024 | -$1.7M | +$1.5M |
CNVS has burned cash in most quarters: −$13M over the past year, against $5M the year before.
CNVS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +10% | +1.9M shares |
| 1 year | +22% | +3.7M shares |
| 3 years | +134% | +11.8M shares |
| 5 years | +338% | +16M shares |
CNVS has 21M diluted shares, up 22% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $27,000 |
| Q2 2024 | $188,000 |
CNVS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 0.7x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | -1.2x | Net Cash |
| Q3 2023 | -1.6x | Net Cash |
| Q1 2022 | -3.2x | Net Cash |
| Q2 2021 | -0.0x | Net Cash |
| Q1 2021 | 0.0x | Very low |
| Q3 2020 | 58.8x | High |
CNVS's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
CNVS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.4 | Neutral |
| Stochastic | 12.0 | Oversold |
CNVS's weekly RSI is 40 (neutral) and its Stochastic is 12 (oversold).
CNVS PE vs Communication Services Sector
| Metric | CNVS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
CNVS has no meaningful PE right now: it lost money over the past year.
CNVS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.72 | 5.2% above |
| 20 week MA | $2.19 | 17% below |
| 50 week MA | $2.36 | 23% below |
| 100 week MA | $3.09 | 41% below |
| 200 week MA | $3.00 | 40% below |
CNVS has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 40% below its 200-week average.
CNVS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.8 | $12.8 | -7.2% |
| 2021 | $12.8 | $25.4 | +98% |
| 2022 | $25.4 | $8.40 | -67% |
| 2023 | $8.40 | $1.35 | -84% |
| 2024 | $1.35 | $3.99 | +196% |
| 2025 | $3.99 | $2.15 | -46% |
| 2026 YTD | $2.15 | $1.81 | -16% |
CNVS's yearly returns have swung widely, from +196% in 2024 to −84% in 2023. It's down 16% so far in 2026.