Cineverse Corp. (CNVS) stock rises on Q2 2026 Earnings

Cineverse Corp. (CNVS) reported results for Q2 2026.

Total revenue of $12.36 million (down 3.0% year-over-year).

Gross profit of $7.14 million (up 10.28% year-over-year).

Operating loss of -$5.41 million (improved 528.34% year-over-year).

Net loss attributable to common shareholders of -$5.68 million (improved 312.65% year-over-year).

Diluted earnings per share of -$0.31 (up 244.44% year-over-year).

Cash flow and balance sheet highlights:

Cash used in operating activities of -$7.17 million (up 8,336.47% year-over-year).

Capital expenditures of -$495,000 (down 39.19% year-over-year).

Cash and cash equivalents of $2.34 million (down 3.83% year-over-year).

Total liabilities of $24.78 million (down 22.08% year-over-year).

Against estimates, Cineverse missed on both top and bottom lines: actual revenue of $12.36 million versus an expected $20.40 million, and reported diluted EPS of -$0.31 versus an estimate of approximately -$0.03.

Market reaction:

Shares moved +7.55% since market close.

Key takeaways:

Revenue declined year-over-year while gross profit improved, suggesting margin recovery despite lower sales.

Operating and net losses narrowed substantially versus the prior year, but cash burn from operations widened sharply.

The company holds modest cash on hand with a meaningful reduction in total liabilities year-over-year.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Cineverse Corp. Hedge Fund Activity

We have seen 19 institutional investors add shares of Cineverse Corp. stock to their portfolio, and 24 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

RENAISSANCE TECHNOLOGIES LLC removed 165,771 shares (-36.0%) from their portfolio in Q4 2025, for an estimated $349,776
ACADIAN ASSET MANAGEMENT LLC removed 151,850 shares (-71.6%) from their portfolio in Q4 2025, for an estimated $320,403
TWO SIGMA INVESTMENTS, LP added 131,416 shares (+449.8%) to their portfolio in Q3 2025, for an estimated $441,557
JANE STREET GROUP, LLC added 99,678 shares (+inf%) to their portfolio in Q3 2025, for an estimated $334,918
MARSHALL WACE, LLP removed 89,245 shares (-87.3%) from their portfolio in Q3 2025, for an estimated $299,863
AMERICAN CENTURY COMPANIES INC added 71,189 shares (+inf%) to their portfolio in Q3 2025, for an estimated $239,195
SQUAREPOINT OPS LLC removed 69,792 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $234,501

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Cineverse Corp. Analyst Ratings

Wall Street analysts have issued reports on $CNVS in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Benchmark issued a "Speculative Buy" rating on 10/24/2025

To track analyst ratings and price targets for Cineverse Corp., check out Quiver Quantitative's $CNVS forecast page.