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Side-by-side financial comparison of Lionsgate Studios Corp. (LION) and Lumentum Holdings Inc. (LITE). Click either name above to swap in a different company.

Lionsgate Studios Corp. is the larger business by last-quarter revenue ($724.3M vs $665.5M, roughly 1.1× Lumentum Holdings Inc.). Lumentum Holdings Inc. runs the higher net margin — 11.8% vs -6.4%, a 18.1% gap on every dollar of revenue. On growth, Lumentum Holdings Inc. posted the faster year-over-year revenue change (65.5% vs 52.5%). Lumentum Holdings Inc. produced more free cash flow last quarter ($43.1M vs $-111.9M).

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.

JDS Uniphase Corporation (JDSU) was an American company that designed and manufactured products for optical communications networks, communications test and measurement equipment, lasers, optical solutions for authentication and decorative applications, and other custom optics. It was headquartered in Milpitas, California. In August 2015, JDSU split into two different companies – Viavi Solutions and Lumentum Holdings.

LION vs LITE — Head-to-Head

Bigger by revenue
LION
LION
1.1× larger
LION
$724.3M
$665.5M
LITE
Growing faster (revenue YoY)
LITE
LITE
+13.0% gap
LITE
65.5%
52.5%
LION
Higher net margin
LITE
LITE
18.1% more per $
LITE
11.8%
-6.4%
LION
More free cash flow
LITE
LITE
$155.0M more FCF
LITE
$43.1M
$-111.9M
LION

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
LION
LION
LITE
LITE
Revenue
$724.3M
$665.5M
Net Profit
$-46.2M
$78.2M
Gross Margin
36.1%
Operating Margin
5.0%
9.7%
Net Margin
-6.4%
11.8%
Revenue YoY
52.5%
65.5%
Net Profit YoY
59.3%
228.4%
EPS (diluted)
$-0.16
$0.89

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
LION
LION
LITE
LITE
Q4 25
$724.3M
$665.5M
Q3 25
$475.1M
$533.8M
Q2 25
$525.9M
$480.7M
Q1 25
$425.2M
Q4 24
$402.2M
Q3 24
$336.9M
Q2 24
$308.3M
Q1 24
$366.5M
Net Profit
LION
LION
LITE
LITE
Q4 25
$-46.2M
$78.2M
Q3 25
$-113.5M
$4.2M
Q2 25
$-108.9M
$213.3M
Q1 25
$-44.1M
Q4 24
$-60.9M
Q3 24
$-82.4M
Q2 24
$-252.5M
Q1 24
$-127.0M
Gross Margin
LION
LION
LITE
LITE
Q4 25
36.1%
Q3 25
34.0%
Q2 25
33.3%
Q1 25
28.8%
Q4 24
24.8%
Q3 24
23.1%
Q2 24
16.6%
Q1 24
16.2%
Operating Margin
LION
LION
LITE
LITE
Q4 25
5.0%
9.7%
Q3 25
-9.7%
1.3%
Q2 25
-2.0%
-1.7%
Q1 25
-8.9%
Q4 24
-12.8%
Q3 24
-24.5%
Q2 24
-43.3%
Q1 24
-31.3%
Net Margin
LION
LION
LITE
LITE
Q4 25
-6.4%
11.8%
Q3 25
-23.9%
0.8%
Q2 25
-20.7%
44.4%
Q1 25
-10.4%
Q4 24
-15.1%
Q3 24
-24.5%
Q2 24
-81.9%
Q1 24
-34.7%
EPS (diluted)
LION
LION
LITE
LITE
Q4 25
$-0.16
$0.89
Q3 25
$-0.39
$0.05
Q2 25
$-0.40
$3.10
Q1 25
$-0.64
Q4 24
$-0.88
Q3 24
$-1.21
Q2 24
$-3.75
Q1 24
$-1.88

Balance Sheet & Financial Strength

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

Metric
LION
LION
LITE
LITE
Cash + ST InvestmentsLiquidity on hand
$182.4M
$1.2B
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$-1.3B
$846.6M
Total Assets
$5.2B
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LION
LION
LITE
LITE
Q4 25
$182.4M
$1.2B
Q3 25
$202.4M
$1.1B
Q2 25
$186.1M
$877.1M
Q1 25
$866.7M
Q4 24
$896.7M
Q3 24
$916.1M
Q2 24
$887.0M
Q1 24
$870.9M
Total Debt
LION
LION
LITE
LITE
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$1.5B
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
LION
LION
LITE
LITE
Q4 25
$-1.3B
$846.6M
Q3 25
$-1.3B
$780.8M
Q2 25
$-1.1B
$1.1B
Q1 25
$879.5M
Q4 24
$872.3M
Q3 24
$895.9M
Q2 24
$957.3M
Q1 24
$1.2B
Total Assets
LION
LION
LITE
LITE
Q4 25
$5.2B
$4.8B
Q3 25
$5.2B
$4.6B
Q2 25
$5.2B
$4.2B
Q1 25
$4.0B
Q4 24
$4.0B
Q3 24
$4.0B
Q2 24
$3.9B
Q1 24
$4.2B

Cash Flow & Capital Efficiency

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

Metric
LION
LION
LITE
LITE
Operating Cash FlowLast quarter
$-108.9M
$126.7M
Free Cash FlowOCF − Capex
$-111.9M
$43.1M
FCF MarginFCF / Revenue
-15.4%
6.5%
Capex IntensityCapex / Revenue
0.4%
12.6%
Cash ConversionOCF / Net Profit
1.62×
TTM Free Cash FlowTrailing 4 quarters
$-29.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LION
LION
LITE
LITE
Q4 25
$-108.9M
$126.7M
Q3 25
$-104.0M
$57.9M
Q2 25
$-31.0M
$64.0M
Q1 25
$-1.6M
Q4 24
$24.3M
Q3 24
$39.6M
Q2 24
$35.5M
Q1 24
$-7.0M
Free Cash Flow
LION
LION
LITE
LITE
Q4 25
$-111.9M
$43.1M
Q3 25
$-107.2M
$-18.3M
Q2 25
$-34.5M
$10.1M
Q1 25
$-64.4M
Q4 24
$-15.9M
Q3 24
$-34.5M
Q2 24
$10.9M
Q1 24
$-26.6M
FCF Margin
LION
LION
LITE
LITE
Q4 25
-15.4%
6.5%
Q3 25
-22.6%
-3.4%
Q2 25
-6.6%
2.1%
Q1 25
-15.1%
Q4 24
-4.0%
Q3 24
-10.2%
Q2 24
3.5%
Q1 24
-7.3%
Capex Intensity
LION
LION
LITE
LITE
Q4 25
0.4%
12.6%
Q3 25
0.7%
14.3%
Q2 25
0.7%
11.2%
Q1 25
14.8%
Q4 24
10.0%
Q3 24
22.0%
Q2 24
8.0%
Q1 24
5.3%
Cash Conversion
LION
LION
LITE
LITE
Q4 25
1.62×
Q3 25
13.79×
Q2 25
0.30×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

LITE
LITE

Components$443.7M67%
Systems$221.8M33%

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