Cineverse ended the third calendar quarter (Q2 FY 2027) with 1.44 million SVOD subscribers. While an increase on the previous year’s third calendar quarter (Q2 FY 2026), the number of subscribers declined when compared to the end of June 2026.
What You Need to Know
- Cineverse’s paid subscriber base grew compared to last year, though it saw a slight dip from the previous quarter.
- Overall streaming hours and company revenue increased year-over-year, boosted by recent acquisitions and popular free channels.
- The company continues to build momentum with new sports programming and horror movie distribution rights.
Considering the company closed out the second calendar quarter of 2026 (Cineverse Q1 FY 2027) with 1.52 million SVOD subscribers, Cineverse lost around 80,000 subscribers between July and September.
With 1.39 million SVOD subscribers reported for the third calendar quarter of last year, the company managed to add between 40,000 and 50,000 on a year-over-year basis.
Minutes streamed for the most recent quarter totaled 4.05 billion. Similar to the overall number of subscribers, this resulted in a year-over-year increase (8%), but a decline on the record 4.5 billion minutes streamed during the previous quarter.
According to the company, the main Cineverse service hit an all-time subscriber high for the second consecutive quarter, as did the anime service RetroCrush.
In terms of the company’s free offerings, FAST minutes rose 7% YoY to 3.84 billion, with Dove, The Dog Whisperer and Yu-Gi-Oh all generating their most watched quarters on record.
Overall revenue for the quarter totaled $26 million, a $13.6 million increase over the prior year quarter, with net income totaling $3.2 million, an $8.8 million year-over-year increase.
“We had a very strong quarter again both operationally and financially. Our revenues increased by 110% versus the prior year quarter, driven largely by the significant positive impact of the two acquisitions we closed in the fourth quarter of fiscal 2026, IndiCue and Giant Worldwide,” said Cineverse Chairman and CEO Chris McGurk.
Cineverse has already started the current quarter strong. After launching a new English-language German Soccer Network channel for sports fans in October, the company today confirmed it had secured North American rights to the newest feature film in the Jason Universe.



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