CURI

MKT CAP:$200M

CuriosityStream Inc.

Market Cap

$200M

Communication Services·Broadcasting·🇺🇸 United States·NASDAQ

Communication·Broadcasting·🇺🇸·NASDAQ

Stock Price

$3.39-$0.37 (-9.84%)

Apr 23, 2026

Company Details

CuriosityStream Inc. operates as a factual content streaming service and media company. The company provides premium video programming services in various categories of factual entertainment, including science, history, society, nature, lif...

CEO

Clint Stinchcomb

IPO Date

Jan 8, 2020

Website

www.curiositystream.com

Key Metrics TTM

Revenue

$72M

+40.1% YoY

Net Income

-$6M

EPS (Diluted)

-$0.11

Free Cash Flow

$13M

Revenue / Share

$1.24

Gross Margin

56.6%

Operating Margin

-10.2%

Net Margin

-9.0%

FCF Margin

18.1%

P/S

2.8x

P/E

—

Earnings Reports

Q1 2026

May 5, 2026

PENDING

FY 2025

Mar 12, 2026

$72M+40.1%EPS -$0.11

Q4 2025

Mar 12, 2026

$19M+35.8%EPS -$0.07

Q3 2025

Nov 13, 2025

$18M+45.7%EPS -$0.06

Q2 2025

Aug 6, 2025

$19M+53.4%EPS $0.01

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$18M	$6M	-$19M
Q2 22	$22M	$9M	-$16M
Q3 22	$24M	$10M	-$4M
Q4 22	$14M	$1M	-$15M
Q1 23	$12M	$3M	-$8M
Q2 23	$14M	$4M	-$8M
Q3 23	$16M	$7M	-$24M
Q4 23	$15M	$7M	-$5M
Q1 24	$12M	$5M	-$4M
Q2 24	$12M	$6M	-$3M
Q3 24	$13M	$7M	-$3M
Q4 24	$14M	$7M	-$4M
Q1 25	$15M	$8M	$79.0K
Q2 25	$19M	$10M	$480.0K
Q3 25	$18M	$11M	-$4M
Q4 25	$19M	$12M	-$3M

Valuation

Quarter	P/S	P/E
Q1 22	2.0x	—
Q2 22	1.2x	—
Q3 22	0.8x	—
Q4 22	0.9x	—
Q1 23	1.0x	—
Q2 23	0.8x	—
Q3 23	0.6x	—
Q4 23	0.5x	—
Q1 24	0.9x	—
Q2 24	1.1x	—
Q3 24	2.0x	—
Q4 24	1.6x	—
Q1 25	2.7x	—
Q2 25	5.3x	—
Q3 25	4.7x	—
Q4 25	3.1x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$12M	-$12M
Q2 22	-$6M	-$6M
Q3 22	-$13M	-$13M
Q4 22	-$9M	-$9M
Q1 23	-$6M	-$6M
Q2 23	-$4M	-$4M
Q3 23	-$3M	-$3M
Q4 23	-$3M	-$3M
Q1 24	$666.0K	$666.0K
Q2 24	$2M	$2M
Q3 24	$2M	$2M
Q4 24	$3M	$3M
Q1 25	$2M	$2M
Q2 25	$3M	$3M
Q3 25	$4M	$4M
Q4 25	$4M	$4M

Capital Expenditures

Quarter	CapEx
Q1 22	$22.0K
Q2 22	$98.0K
Q3 22	$10.0K
Q4 22	$0
Q1 23	$5.0K
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$77.0K
Q2 25	$0
Q3 25	$0
Q4 25	$25.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+77.4%	+47.7%
Q2 22	+45.6%	+45.5%
Q3 22	+26.0%	+3.8%
Q4 22	-46.8%	-34.1%
Q1 23	-29.7%	-45.7%
Q2 23	-36.9%	-42.4%
Q3 23	-33.7%	+41.4%
Q4 23	+1.9%	-34.6%
Q1 24	-3.1%	-22.4%
Q2 24	-12.1%	-32.4%
Q3 24	-19.4%	-59.9%
Q4 24	-4.3%	-7.8%
Q1 25	+25.7%	-4.1%
Q2 25	+53.4%	+24.0%
Q3 25	+45.7%	+44.1%
Q4 25	+35.8%	+25.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$2M	10.1%
Q2 22	$2M	7.1%
Q3 22	$2M	7.1%
Q4 22	$2M	11.0%
Q1 23	$1M	10.2%
Q2 23	$1M	10.1%
Q3 23	$897.0K	5.7%
Q4 23	$413.0K	2.8%
Q1 24	$689.0K	5.7%
Q2 24	$0	0.0%
Q3 24	$3M	21.6%
Q4 24	$2M	13.0%
Q1 25	$863.0K	5.7%
Q2 25	$2M	11.6%
Q3 25	$0	0.0%
Q4 25	$4M	22.5%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$11M	$15M
Q2 22	$11M	$11M
Q3 22	$9M	$6M
Q4 22	$8M	$9M
Q1 23	$8M	$3M
Q2 23	$8M	$4M
Q3 23	$7M	$5M
Q4 23	$6M	$5M
Q1 24	$6M	$3M
Q2 24	$6M	$3M
Q3 24	$6M	$4M
Q4 24	$6M	$5M
Q1 25	$5M	$3M
Q2 25	$6M	$3M
Q3 25	$12M	$3M
Q4 25	$11M	$4M

Revenue by Geography

Quarter	Netherlands	Non-US	United States
Q1 24	$208.0K	$5M	$7M
Q2 24	—	$5M	$8M
Q4 24	—	$3M	$11M
Q2 25	—	$4M	$15M
Q3 25	—	$3M	$15M
Q4 25	—	$4M	$15M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$23M	$60M	$83M
Q2 22	$23M	$55M	$77M
Q3 22	$47M	$17M	$64M
Q4 22	$40M	$15M	$55M
Q1 23	$49M	$0	$49M
Q2 23	$44M	$0	$44M
Q3 23	$40M	$0	$40M
Q4 23	$38M	$0	$38M
Q1 24	$39M	$0	$39M
Q2 24	$40M	$0	$40M
Q3 24	$10M	$24M	$33M
Q4 24	$8M	$24M	$32M
Q1 25	$9M	$24M	$33M
Q2 25	$7M	$21M	$28M
Q3 25	$14M	$14M	$28M
Q4 25	$18M	$0	$18M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	53M	+0.2%	+9.7%
Q2 22	53M	+0.0%	-0.4%
Q3 22	53M	+0.0%	+0.2%
Q4 22	53M	+0.0%	+0.3%
Q1 23	53M	+0.3%	+0.4%
Q2 23	53M	+0.1%	+0.4%
Q3 23	53M	+0.1%	+0.5%
Q4 23	53M	+0.1%	+0.5%
Q1 24	53M	+0.4%	+0.7%
Q2 24	54M	+0.6%	+1.1%
Q3 24	54M	0.0%	+1.1%
Q4 24	57M	+5.6%	+6.6%
Q1 25	57M	+0.9%	+7.2%
Q2 25	57M	+0.4%	+7.0%
Q3 25	57M	+0.1%	+7.1%
Q4 25	58M	+0.4%	+1.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$191.6K	92
Q2 22	$242.9K	92
Q3 22	$256.2K	92
Q4 22	$223.1K	65
Q1 23	$190.6K	65
Q2 23	$216.9K	65
Q3 23	$240.5K	65
Q4 23	$307.8K	48
Q1 24	$250.0K	48
Q2 24	$258.2K	48
Q3 24	$262.6K	48
Q4 24	$300.7K	47
Q1 25	$321.1K	47
Q2 25	$404.5K	47
Q3 25	$390.6K	47
Q4 25	$436.3K	44

Revenue / Employee