LION
Lionsgate Studios Corp.
LION's outlook is improving, though it still trails on the overall score.
NFLX
Netflix, Inc.
NFLX has the edge over LION overall, supported by stronger valuation and stronger modeled upside.
LION Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Weak |
LION's revenue and cash flow are currently healthy, and its profitability is stable, but its balance sheet is weak.
NFLX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
NFLX's revenue, profitability, cash flow and balance sheet are all currently healthy.
LION PE Valuation
LION has no meaningful PE right now: it lost money over the past year.
NFLX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $62.69 | — |
| Current | 18x | $62.69 | — |
| Cheap | 27x | $94.95 | +51% |
| Fair | 47x | $161 | +157% |
| Expensive | 81x | $281 | +348% |
Historical ranges are pointers, not guarantees.
NFLX's PE is in its cheap range at 18x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.
LION Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect LION's earnings to grow and its profitability to improve, with its revenue holding steady.
NFLX Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
NFLX has the edge over LION on the outlook, with more favorable revenue expectations.
LION Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.32 | — |
| Q3 2026 | -$0.06 | +$0.61 |
| Q2 2026 | -$0.40 | +$0.27 |
| Q1 2026 | -$0.70 | -$0.19 |
| Q4 2025 | -$0.85 | $0.00 |
| Q3 2025 | -$0.67 | +$0.34 |
| Q2 2025 | -$0.67 | -$0.10 |
| Q1 2025 | -$0.51 | -$0.11 |
| Q4 2024 | -$0.85 | -$0.61 |
LION is still losing money, but far less than before: $0.06 per share over the past year, against $1.01 at its worst in late 2024.
NFLX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.58 | +3.5% |
| Q3 2026 | $3.46 | +45% |
| Q2 2026 | $3.18 | +35% |
| Q1 2026 | $3.10 | +46% |
| Q4 2025 | $2.53 | +28% |
| Q3 2025 | $2.39 | +35% |
| Q2 2025 | $2.35 | +47% |
| Q1 2025 | $2.12 | +47% |
| Q4 2024 | $1.98 | +65% |
NFLX has the edge over LION on earnings quality, reporting a profit while its opponent remains loss making.
LION Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $668.8M | +41% |
| Q2 2026 | $776.6M | +48% |
| Q1 2026 | $906.5M | -15% |
| Q4 2025 | $724.3M | +1.5% |
| Q3 2025 | $475.1M | -57% |
| Q2 2025 | $525.9M | +8% |
| Q1 2025 | $1.1B | +22% |
| Q4 2024 | $713.8M | +3.2% |
LION's revenue is recovering but still below its 2024 peak: $669M last quarter, up 41% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.3% | +14 points |
| Q2 2026 | 3.3% | +5.3 points |
| Q1 2026 | 13% | +4.2 points |
| Q4 2025 | 5% | -2 points |
| Q3 2025 | -9.7% | -17 points |
| Q2 2025 | -2% | +2.6 points |
| Q1 2025 | 8.8% | +6.6 points |
| Q4 2024 | 7% | +5.9 points |
LION's operating margin was 4.3% last quarter, up 14 points from the same quarter a year ago.
NFLX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $12.9B | +12% |
| Q2 2026 | $12.6B | +13% |
| Q1 2026 | $12.2B | +16% |
| Q4 2025 | $12.1B | +18% |
| Q3 2025 | $11.5B | +17% |
| Q2 2025 | $11.1B | +16% |
| Q1 2025 | $10.5B | +13% |
| Q4 2024 | $10.2B | +16% |
NFLX has the edge over LION on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | +6.4 points |
| Q2 2026 | 33% | -0.7 points |
| Q1 2026 | 32% | +0.5 points |
| Q4 2025 | 25% | +2.4 points |
| Q3 2025 | 28% | -1.4 points |
| Q2 2025 | 34% | +6.8 points |
| Q1 2025 | 32% | +3.7 points |
| Q4 2024 | 22% | +5.2 points |
NFLX has the edge over LION on profitability, with a higher operating margin.
LION Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$56.3M | +$50.9M |
| Q2 2026 | $51.2M | +$85.7M |
| Q1 2026 | $265M | +5% |
| Q4 2025 | -$111.9M | +$52.6M |
| Q3 2025 | -$107.2M | -$20.7M |
| Q2 2025 | -$34.5M | +$128.5M |
| Q1 2025 | $252.5M | +206% |
| Q4 2024 | -$164.5M | -230% |
LION's free cash flow has turned positive after two years mostly in the red: $148M over the past year.
NFLX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.9B | +8.4% |
| Q2 2026 | $1.5B | -33% |
| Q1 2026 | $5.1B | +91% |
| Q4 2025 | $1.9B | +36% |
| Q3 2025 | $2.7B | +21% |
| Q2 2025 | $2.3B | +87% |
| Q1 2025 | $2.7B | +25% |
| Q4 2024 | $1.4B | -13% |
NFLX generated $11.4B in free cash flow over the past year, up 27% from the year before.
LION Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.1% | +6M shares |
| 1 year | +2.9% | +8.4M shares |
| 3 years | +3.1% | +8.9M shares |
| 5 years | +1757% | +282M shares |
LION has 298M diluted shares, up 2.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
NFLX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -66.2M shares |
| 1 year | -3.3% | -145M shares |
| 3 years | -6.8% | -305M shares |
| 5 years | -7.8% | -354M shares |
| Available history | -7.1% | -323M shares |
NFLX has the edge over LION on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.8B |
| Q2 2026 | $4.7B |
| Q1 2026 | $1.3B |
| Q4 2025 | $2.1B |
| Q3 2025 | $1.9B |
| Q2 2025 | $1.7B |
| Q1 2025 | $3.5B |
| Q4 2024 | $963.7M |
NFLX spent $12.9B buying back its own shares over the past year, up 61% from the year before.
LION Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.6x | High |
| Q2 2026 | 9.8x | High |
| Q1 2026 | 14.0x | High |
| Q4 2025 | 2.6x | Moderate |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 1.1x | Healthy |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 3.8x | Elevated |
LION's net debt is about 6.6 years of its operating earnings (EBITDA), up from 1.7 years a year ago.
NFLX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 0.7x | Very low |
NFLX has the edge over LION on leverage, with a lower net debt burden relative to earnings.
LION Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 82.6 | Overbought |
LION's weekly RSI is 62 (neutral) and its Stochastic is 83 (overbought).
NFLX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.2 | Neutral |
| Stochastic | 6.0 | Oversold |
NFLX's weekly RSI is 33 (neutral) and its Stochastic is 6 (oversold).
LION PE vs Communication Services Sector
LION has no meaningful PE right now: it lost money over the past year.
NFLX PE vs Communication Services Sector
| Metric | NFLX | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 16x | 9.8% above |
| PE % | 4 | 26 | 22 pts below |
NFLX is trading at 18x earnings, in line with the Communication Services sector's median of 16x.
LION Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.1 | 16% above |
| 20 week MA | $12.3 | 14% above |
| 50 week MA | $11.4 | 23% above |
LION has stronger trend alignment. LION is above 3 of 3 weekly averages versus NFLX above 0 of 5.
NFLX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $66.6 | 5.9% below |
| 20 week MA | $71.8 | 13% below |
| 50 week MA | $82.4 | 24% below |
| 100 week MA | $96.0 | 35% below |
| 200 week MA | $74.4 | 16% below |
NFLX is in a downtrend: it's below all five of its weekly moving averages, and 16% below its 200-week average.
LION Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $7.12 | $9.31 | +31% |
| 2026 YTD | $9.31 | $14.1 | +51% |
LION has the edge over NFLX on returns for 2026, with the stronger performance.
NFLX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.9 | $51.4 | +56% |
| 2021 | $51.4 | $61.4 | +19% |
| 2022 | $61.4 | $29.5 | -52% |
| 2023 | $29.5 | $48.7 | +65% |
| 2024 | $48.7 | $90.8 | +86% |
| 2025 | $90.8 | $94.5 | +4.1% |
| 2026 YTD | $94.5 | $62.7 | -34% |
NFLX is down 34% so far in 2026, after finishing higher in five of the previous six years.