Curiositystream (CURI) financial statements
Curiositystream reported revenue of $72M in fiscal 2025, up 25.9% a year over 6 years.
Net income was -$6M and the operating margin -10.2%, against -247.4% in 2019.
Free cash flow was $13M, and the company returned $22M in dividends.
The diluted share count rose 338% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Curiositystream's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $18M | $40M | $71M | $78M | $57M | $51M | $72M |
| Cost of revenue | $7M | $15M | $37M | $52M | $36M | $25M | $31M |
| Gross profit | $11M | $24M | $35M | $27M | $21M | $26M | $41M |
| Selling, general and admin | $14M | $21M | $35M | $37M | $29M | $25M | $34M |
| Operating income | -$45M | -$39M | -$52M | -$55M | -$44M | -$13M | -$7M |
| Pre-tax income | -$43M | -$48M | -$37M | -$51M | -$48M | -$13M | -$6M |
| Income tax | $142,000 | $179,000 | $360,000 | $367,000 | $506,000 | $132,000 | $14,000 |
| Net income | -$43M | -$49M | -$38M | -$51M | -$49M | -$13M | -$6M |
| EPS (diluted) | -$4.45 | -$3.30 | -$1.02 | -$0.96 | -$0.92 | -$0.24 | -$0.11 |
| Diluted shares | 13M | 19M | 52M | 53M | 53M | 54M | 58M |
| Gross margin | 62.2% | 61.1% | 48.5% | 34.0% | 37.5% | 50.4% | 56.6% |
| Operating margin | -247.4% | -97.9% | -73.6% | -70.8% | -78.2% | -26.1% | -10.2% |
| Net margin | -236.7% | -122.7% | -52.8% | -65.2% | -85.9% | -25.3% | -9.0% |
Balance sheet
Fiscal years, from Curiositystream's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $44M | $33M | $81M | $55M | $38M | $32M | $27M |
| Receivables | $2M | $7M | $23M | $11M | $5M | $6M | $9M |
| Total current assets | $49M | $51M | $113M | $70M | $45M | $40M | $37M |
| Property, plant and equipment | $1M | $1M | $1M | $1M | $727,000 | $520,000 | $404,000 |
| Goodwill | — | — | $3M | $0 | — | — | — |
| Total assets | $83M | $89M | $218M | $154M | $101M | $86M | $76M |
| Total current liabilities | $18M | $22M | $48M | $31M | $23M | $24M | $30M |
| Total liabilities | $19M | $44M | $56M | $36M | $28M | $28M | $34M |
| Shareholders' equity | -$91M | $45M | $162M | $118M | $73M | $58M | $41M |
| Net debt | -$9M | -$11M | -$15M | -$40M | -$38M | -$8M | -$18M |
Cash flow
Fiscal years, from Curiositystream's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$45M | -$54M | -$73M | -$40M | -$16M | $8M | $13M |
| Capital spending | $767,000 | $367,000 | $351,000 | $130,000 | $5,000 | $0 | $102,000 |
| Free cash flow | -$45M | -$54M | -$74M | -$40M | -$16M | $8M | $13M |
| Stock-based compensation | $1M | $4M | $7M | $7M | $4M | $7M | $14M |
| Dividends paid | — | — | — | — | $0 | $4M | $22M |
| Share buybacks (net) | — | — | — | — | $0 | -$251,000 | $0 |
| Free cash flow margin | -252.3% | -136.0% | -103.3% | -50.8% | -28.4% | 15.9% | 18.1% |
| Dividends per share | — | — | — | — | — | $0.07 | $0.38 |
Questions
What was Curiositystream's revenue in 2025?
$72M in fiscal 2025, from its 10-K filing.
How much free cash flow does Curiositystream generate?
$13M in fiscal 2025 (operating cash flow minus capital spending).
From Curiositystream's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.