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Side-by-side financial comparison of Fluence Energy, Inc. (FLNC) and Lionsgate Studios Corp. (LION). Click either name above to swap in a different company.

Lionsgate Studios Corp. is the larger business by last-quarter revenue ($724.3M vs $475.2M, roughly 1.5× Fluence Energy, Inc.). Lionsgate Studios Corp. runs the higher net margin — -6.4% vs -9.5%, a 3.1% gap on every dollar of revenue. On growth, Fluence Energy, Inc. posted the faster year-over-year revenue change (154.4% vs 52.5%). Lionsgate Studios Corp. produced more free cash flow last quarter ($-111.9M vs $-232.6M).

Progress Energy was a power generation and distribution company. Prior to its merger with Duke Energy, it was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. Headquartered in Raleigh, North Carolina, Progress Energy includes two major electric utilities that serve approximately 3.1 million customers in the Carolinas and Florida. As an independent company, the last chairman and CEO of Progress Energy was William D. Johnson;...

Lionsgate Canada is a Canadian entertainment company and a subsidiary of Lionsgate Studios. Based in the Entertainment District in the city of Toronto, the company is primarily involved in the acquisition and production of films and television series.

FLNC vs LION — Head-to-Head

Bigger by revenue
LION
LION
1.5× larger
LION
$724.3M
$475.2M
FLNC
Growing faster (revenue YoY)
FLNC
FLNC
+102.0% gap
FLNC
154.4%
52.5%
LION
Higher net margin
LION
LION
3.1% more per $
LION
-6.4%
-9.5%
FLNC
More free cash flow
LION
LION
$120.7M more FCF
LION
$-111.9M
$-232.6M
FLNC

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
FLNC
FLNC
LION
LION
Revenue
$475.2M
$724.3M
Net Profit
$-45.1M
$-46.2M
Gross Margin
4.9%
Operating Margin
-14.8%
5.0%
Net Margin
-9.5%
-6.4%
Revenue YoY
154.4%
52.5%
Net Profit YoY
-8.7%
59.3%
EPS (diluted)
$-0.34
$-0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLNC
FLNC
LION
LION
Q4 25
$475.2M
$724.3M
Q3 25
$1.0B
$475.1M
Q2 25
$602.5M
$525.9M
Q1 25
$431.6M
Q4 24
$186.8M
Q3 24
$1.2B
Q2 24
$483.3M
Q1 24
$623.1M
Net Profit
FLNC
FLNC
LION
LION
Q4 25
$-45.1M
$-46.2M
Q3 25
$17.9M
$-113.5M
Q2 25
$6.3M
$-108.9M
Q1 25
$-31.0M
Q4 24
$-41.5M
Q3 24
$47.8M
Q2 24
$785.0K
Q1 24
$-9.2M
Gross Margin
FLNC
FLNC
LION
LION
Q4 25
4.9%
Q3 25
13.7%
Q2 25
14.8%
Q1 25
9.9%
Q4 24
11.4%
Q3 24
12.8%
Q2 24
17.2%
Q1 24
10.3%
Operating Margin
FLNC
FLNC
LION
LION
Q4 25
-14.8%
5.0%
Q3 25
4.4%
-9.7%
Q2 25
1.9%
-2.0%
Q1 25
-10.2%
Q4 24
-31.4%
Q3 24
6.2%
Q2 24
1.1%
Q1 24
-2.3%
Net Margin
FLNC
FLNC
LION
LION
Q4 25
-9.5%
-6.4%
Q3 25
1.7%
-23.9%
Q2 25
1.0%
-20.7%
Q1 25
-7.2%
Q4 24
-22.2%
Q3 24
3.9%
Q2 24
0.2%
Q1 24
-1.5%
EPS (diluted)
FLNC
FLNC
LION
LION
Q4 25
$-0.34
$-0.16
Q3 25
$0.18
$-0.39
Q2 25
$0.01
$-0.40
Q1 25
$-0.24
Q4 24
$-0.32
Q3 24
$0.34
Q2 24
$0.00
Q1 24
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLNC
FLNC
LION
LION
Cash + ST InvestmentsLiquidity on hand
$452.6M
$182.4M
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$388.0M
$-1.3B
Total Assets
$2.3B
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLNC
FLNC
LION
LION
Q4 25
$452.6M
$182.4M
Q3 25
$690.8M
$202.4M
Q2 25
$436.3M
$186.1M
Q1 25
$568.6M
Q4 24
$607.4M
Q3 24
$448.7M
Q2 24
$388.2M
Q1 24
$411.8M
Total Debt
FLNC
FLNC
LION
LION
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$1.5B
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FLNC
FLNC
LION
LION
Q4 25
$388.0M
$-1.3B
Q3 25
$429.6M
$-1.3B
Q2 25
$407.4M
$-1.1B
Q1 25
$388.2M
Q4 24
$409.4M
Q3 24
$472.1M
Q2 24
$421.2M
Q1 24
$413.1M
Total Assets
FLNC
FLNC
LION
LION
Q4 25
$2.3B
$5.2B
Q3 25
$2.4B
$5.2B
Q2 25
$2.1B
$5.2B
Q1 25
$2.3B
Q4 24
$2.2B
Q3 24
$1.9B
Q2 24
$1.7B
Q1 24
$1.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLNC
FLNC
LION
LION
Operating Cash FlowLast quarter
$-226.8M
$-108.9M
Free Cash FlowOCF − Capex
$-232.6M
$-111.9M
FCF MarginFCF / Revenue
-48.9%
-15.4%
Capex IntensityCapex / Revenue
1.2%
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-179.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLNC
FLNC
LION
LION
Q4 25
$-226.8M
$-108.9M
Q3 25
$265.7M
$-104.0M
Q2 25
$-153.9M
$-31.0M
Q1 25
$-46.2M
Q4 24
$-211.2M
Q3 24
$10.5M
Q2 24
$-21.1M
Q1 24
$70.9M
Free Cash Flow
FLNC
FLNC
LION
LION
Q4 25
$-232.6M
$-111.9M
Q3 25
$260.9M
$-107.2M
Q2 25
$-157.4M
$-34.5M
Q1 25
$-50.5M
Q4 24
$-213.3M
Q3 24
$7.3M
Q2 24
$-23.5M
Q1 24
$69.9M
FCF Margin
FLNC
FLNC
LION
LION
Q4 25
-48.9%
-15.4%
Q3 25
25.0%
-22.6%
Q2 25
-26.1%
-6.6%
Q1 25
-11.7%
Q4 24
-114.2%
Q3 24
0.6%
Q2 24
-4.9%
Q1 24
11.2%
Capex Intensity
FLNC
FLNC
LION
LION
Q4 25
1.2%
0.4%
Q3 25
0.5%
0.7%
Q2 25
0.6%
0.7%
Q1 25
1.0%
Q4 24
1.1%
Q3 24
0.3%
Q2 24
0.5%
Q1 24
0.2%
Cash Conversion
FLNC
FLNC
LION
LION
Q4 25
Q3 25
14.81×
Q2 25
-24.61×
Q1 25
Q4 24
Q3 24
0.22×
Q2 24
-26.87×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FLNC
FLNC

Products$450.9M95%
Services$22.5M5%
Digital Applications And Solutions$1.9M0%

LION
LION

Television Production$303.1M42%
Digital Media$155.1M21%
Third Party Purchasers Individual Agreements$91.2M13%
Theatrical$70.7M10%
Domestic Television$43.1M6%
Starz Business$24.1M3%
Other Media$17.6M2%
Packaged Media$14.1M2%

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