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Kartoon Studios, Inc. (TOON) stock

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NYSE: TOON NYSE Movies & Entertainment Next results ~November 12, 2026

C Fundamentals grade

Kartoon Studios, Inc. is a US-listed company in the movies & entertainment industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$2.0

Revenue-to-maturity cash-flow model

Base case. Range ~$2.0–$2.4 across our lower- and higher-growth cases (0%–5% a year).

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Kartoon Studios, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds19 adding, 19 cuttingOf 4 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Kartoon Studios files

Where Kartoon Studios stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $33m, down 13.9% on a year earlier, against growth of 3.0% a quarter earlier. Free-cash-flow margin rose to 80.2% from -19.2% a year earlier. Operating margin narrowed to -39.3% from -32.5%. The diluted share count is up 37.6% on a year earlier, which dilutes existing holders. It passes 2 of our 3 financial-health checks. Our revenue-to-maturity cash-flow model value is $1.99 a share, against a share price of $0.53.

Source: 10-Q filed August 14, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Kartoon Studios, Inc.'s trailing-twelve-month revenue fell 13.9% year on year, with a free-cash-flow margin of 80.2%. Where it stands out: free-cash-flow margin of 80.2% ranks 1 of 24 movies & entertainment companies we cover. Where it lags: revenue growth of -13.9% ranks 24 of 25 movies & entertainment companies we cover.

Current signal Free-cash-flow margin near historical high: TTM FCF margin of 80.2% is above every prior reading in its 51-quarter history.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Strong cash generation. 80.2% of revenue turned into free cash flow, against a median of 7.1% for movies & entertainment companies we cover.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Results due soon. Results are expected around 13 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 13.9% over the last 12 months.
  • Growth slowing. The growth rate is 16.9 points lower than a quarter earlier.
  • Loss-making. Operating margin is -39.3%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 6.8 points on a year ago.
  • Share dilution. Diluted shares rose 37.6% in a year.

Latest results: FY2026 Q2

Filed August 14, 2026
Revenue
$6m, down 43.4% on a year earlier
Share reaction
-6.7% in the first session after the results on August 14, 2026, against -0.7% for the S&P 500
Next report
November 12, 2026

Kartoon Studios' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.6%
  • 1 week+2.7%
  • 1 month-6.6%
  • This year-27.6%
  • 1 year-30.1%
  • 5 years-96.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$32.6M
Operating margin
-39.3%
Net margin
26.9%
EPS (TTM, diluted)
$0.15

Growth

Revenue growth
−13.9%
Change in growth rate
−16.9 pts
Share count change
+37.6%

Cash

Free cash flow (TTM)
$26.2M
FCF margin
80.2%
Stock pay % of revenue
0.6%

Earnings

Last results
August 14, 2026
Next results (est.)
November 13, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Announcement
  3. Results
  4. Announcement
  5. Announcement
  6. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Kartoon Studios, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Kartoon Studios, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.9%: the 10-year Treasury yield (4.9%) plus a beta of 0.87 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$2.0 ~$2.0–$2.4 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$2.9 ~$2.8–$6.7 Left out: out of range vs price (5.64x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.4 ~$0.3–$2.0 Included, half weight
Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$1.7 ~$0.4–$2.0 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Kartoon Studios, Inc. with Movies & Entertainment in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$32.70$54.10$27.20$21.50$2.73$13.80$10.50$4.65$1.39$0.59$0.72$0.52
Market value$16m$42m$33m$38m$7m$393m$312m$146m$47m$23m$36m$31m
+ Net debt (− = net cash)−$5m−$555917−$7m$925019$5m−$99m$4m−$7m−$3m−$7m−$3m−$8m
Enterprise value$11m$42m$26m$39m$12m$294m$317m$139m$43m$15m$33m$24m
Multiples
Price / sales 18.0x48.9x6.2x37.9x1.1x158.3x39.7x2.3x1.1x0.7x0.9x1.0x
Price / earnings ———————————3.6x
Price / free cash flow ———————————1.2x
EV / EBITDA ————————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

15 /100

Weak moat

How hard Kartoon Studios's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Cash operating profit has been a median -6.1% of total assets over 6 years.

  • Pricing power 6 / 20

    Gross margin has been a median 41.2%, moving by 22.9 percentage points (standard deviation) across 7 years.

  • Durability 10 / 20

    Operating margin has been a median -154.6%; its worst year was -812.4%.

  • Cash conversion 1 / 20

    Free cash flow was positive in 1 of 10 years, at a median -118.1% of revenue.

  • Discipline 3 / 20

    The diluted share count rose 8237.6% over five years; stock-based pay has been a median 7.5% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (20 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026.

Analysts' consensus

No analyst estimates are published for Kartoon Studios, Inc.: too few analysts cover it.

Positioning

Short interest
2.4%
of tradable shares
Days to cover
3.97
at average volume
Short interest, 1 month
+18%
to October 15, 2026
Held by institutions
32%
of shares
Held by insiders
4.6%
of shares
Employees
294
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −36.4%

$0.82 on October 31, 2025 to $0.52

ThenNowEffect
Revenue (last 12 months) $38m $33m −13.9%
P/S multiple 0.9x 1.0x +1.7%
Share count 44m 60m −27.3%

Biggest factor: share count. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
TOON−24%−56%−70%−58%+22%−28%
Industry peers (median)−3%−42%+7%+24%+5%+24%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
TOON42%42%25%17%42%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
TOON−66%−59%−86%−73%−33%−60%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 99% from June 3, 2020 to January 28, 2025. Getting back needed a 15985% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$0.50 – $1.25
From 52-week high
−58.3%
vs 50-day average
−9.3%
vs 200-day average
−18.8%
Volatility (1 year)
62%
Beta vs S&P 500
1.01

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±7.0%
After a week
4 up, 8 down
typical move ±5.9%
After a month
5 up, 7 down
typical move ±17.7%
Results releasedNext dayS&P 500 next day5 days21 days
August 14, 2026 −6.7% −0.7% −0.3% −13.3%
May 15, 2026 −6.3% −1.3% −3.2% +90.8%
March 31, 2026 +3.2% +3.7% +0.3% +8.5%
November 14, 2025 −9.9% −0.9% −12.3% +5.4%
August 14, 2025 +0.4% −0.2% −0.7% +5.8%
May 15, 2025 +31.6% +1.1% +26.9% +18.9%
March 31, 2025 +5.3% +1.0% −3.8% −4.3%
November 14, 2024 −6.7% −1.9% −6.7% −31.2%
August 14, 2024 +2.8% +2.0% +5.6% −3.5%
June 21, 2024 +6.3% −0.5% +8.4% 0.0%
May 15, 2024 +0.9% +1.0% 0.0% −2.8%
April 9, 2024 +4.0% −0.9% −2.0% −27.5%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Kartoon Studios, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Kartoon Studios, Inc.
$30M $40M $50M $60M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $54.4M Revenue (TTM), FY23 Q4: $44.1M Revenue (TTM), FY24 Q1: $36M Revenue (TTM), FY24 Q2: $33.3M Revenue (TTM), FY24 Q3: $32M Revenue (TTM), FY24 Q4: $32.6M Revenue (TTM), FY25 Q1: $36M Revenue (TTM), FY25 Q2: $37.9M Revenue (TTM), FY25 Q3: $39.1M Revenue (TTM), FY25 Q4: $39.4M Revenue (TTM), FY26 Q1: $37.1M Revenue (TTM), FY26 Q2: $32.6M $32.6M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $54.4M
FY23 Q4 $44.1M
FY24 Q1 $36M
FY24 Q2 $33.3M
FY24 Q3 $32M
FY24 Q4 $32.6M
FY25 Q1 $36M
FY25 Q2 $37.9M
FY25 Q3 $39.1M
FY25 Q4 $39.4M
FY26 Q1 $37.1M
FY26 Q2 $32.6M
Revenue growth, TTM YoY Kartoon Studios, Inc.
-60% -40% -20% 0% 20% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 18.6% Revenue growth, TTM YoY, FY23 Q4: -29.2% Revenue growth, TTM YoY, FY24 Q1: -52.0% Revenue growth, TTM YoY, FY24 Q2: -47.9% Revenue growth, TTM YoY, FY24 Q3: -41.2% Revenue growth, TTM YoY, FY24 Q4: -26.1% Revenue growth, TTM YoY, FY25 Q1: 0.1% Revenue growth, TTM YoY, FY25 Q2: 13.7% Revenue growth, TTM YoY, FY25 Q3: 22.2% Revenue growth, TTM YoY, FY25 Q4: 20.7% Revenue growth, TTM YoY, FY26 Q1: 3.0% Revenue growth, TTM YoY, FY26 Q2: -13.9% -13.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 18.6%
FY23 Q4 -29.2%
FY24 Q1 -52.0%
FY24 Q2 -47.9%
FY24 Q3 -41.2%
FY24 Q4 -26.1%
FY25 Q1 0.1%
FY25 Q2 13.7%
FY25 Q3 22.2%
FY25 Q4 20.7%
FY26 Q1 3.0%
FY26 Q2 -13.9%
Operating margin (TTM) Kartoon Studios, Inc.
-200% -150% -100% -50% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -115.8% Operating margin (TTM), FY23 Q4: -164.0% Operating margin (TTM), FY24 Q1: -157.4% Operating margin (TTM), FY24 Q2: -158.2% Operating margin (TTM), FY24 Q3: -133.5% Operating margin (TTM), FY24 Q4: -52.1% Operating margin (TTM), FY25 Q1: -38.3% Operating margin (TTM), FY25 Q2: -32.5% Operating margin (TTM), FY25 Q3: -32.5% Operating margin (TTM), FY25 Q4: -32.8% Operating margin (TTM), FY26 Q1: -34.1% Operating margin (TTM), FY26 Q2: -39.3% -39.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -115.8%
FY23 Q4 -164.0%
FY24 Q1 -157.4%
FY24 Q2 -158.2%
FY24 Q3 -133.5%
FY24 Q4 -52.1%
FY25 Q1 -38.3%
FY25 Q2 -32.5%
FY25 Q3 -32.5%
FY25 Q4 -32.8%
FY26 Q1 -34.1%
FY26 Q2 -39.3%
FCF margin (TTM) Kartoon Studios, Inc.
-50% 0% 50% 100% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -41.0% FCF margin (TTM), FY23 Q4: -36.6% FCF margin (TTM), FY24 Q1: -19.9% FCF margin (TTM), FY24 Q2: -24.7% FCF margin (TTM), FY24 Q3: 9.0% FCF margin (TTM), FY24 Q4: -11.1% FCF margin (TTM), FY25 Q1: -25.7% FCF margin (TTM), FY25 Q2: -19.2% FCF margin (TTM), FY25 Q3: -36.6% FCF margin (TTM), FY25 Q4: -29.4% FCF margin (TTM), FY26 Q1: -34.0% FCF margin (TTM), FY26 Q2: 80.2% 80.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -41.0%
FY23 Q4 -36.6%
FY24 Q1 -19.9%
FY24 Q2 -24.7%
FY24 Q3 9.0%
FY24 Q4 -11.1%
FY25 Q1 -25.7%
FY25 Q2 -19.2%
FY25 Q3 -36.6%
FY25 Q4 -29.4%
FY26 Q1 -34.0%
FY26 Q2 80.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 4 6 7 3 1 1 1 5 1 6 2 8 62 44 33 39 33
Gross profit 2 2 2 1 0 1 1 1 −1 1 — — — — — — —
EBITDA −0 −1 −2 −2 −3 −3 −6 −5 −8 −6 −18 −63 −41 −70 −15 −10 −11
Operating income −1 −1 −2 −2 −3 −4 −6 −5 −8 −7 −18 −64 −44 −72 −17 −13 −13
Net income −1 −1 −2 −7 −4 −3 −6 −5 −9 −11 −402 −126 −46 −77 −21 −25 9
Diluted EPS −$7.50 −$0.01 −$0.23 −$76.50 −$0.30 −$14.55 −$0.80 −$0.41 −$0.54 −$6.25 −$14.10 −$4.24 −$1.45 −$2.29 −$0.54 −$0.49 $0.15
Growth (year on year)
Revenue — +51.6% +9.1% −61.1% −63.8% −1.9% −4.5% +515.5% −81.4% +494.7% −58.0% +217.1% +691.3% −29.2% −26.1% +20.7% −13.9%
Margins
Gross margin 51.4% 39.6% 26.4% 41.2% 46.0% 92.0% 67.8% 20.2% −54.7% 22.7% — — — — — — —
EBITDA margin −1.0% −17.6% −27.6% −86.1% −363.7% −374.7% −729.3% −89.7% −796.8% −104.4% −704.9% −802.2% −65.8% −158.4% −44.8% −26.3% −32.4%
Operating margin −18.5% −21.1% −29.9% −92.4% −375.5% −389.5% −745.8% −92.1% −805.7% −110.1% −720.2% −809.8% −70.2% −164.2% −52.1% −32.8% −39.3%
Net margin −17.4% −22.7% −31.5% −282.3% −402.7% −383.6% −716.7% −92.0% −906.3% −194.3% <−999% <−999% −73.2% −174.9% −63.6% −62.3% 26.9%
Free-cash-flow margin 3.2% −5.6% −14.3% −43.9% −268.5% −394.2% −429.4% −135.9% −808.3% −106.3% −327.4% −306.4% −42.6% −36.7% −11.1% −29.4% 80.2%
Cash flow
Cash from operations 0 −0 −1 −1 −2 −3 −4 −7 −8 −6 −8 −24 −26 −16 −3 −11 26
Capital spending 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0
Free cash flow 0 −0 −1 −1 −2 −4 −4 −7 −8 −6 −8 −24 −27 −16 −4 −12 26
Stock-based pay 0 0 0 0 0 0 2 1 −0 0 9 16 11 3 1 0 0
Free cash flow after stock pay 0 −1 −1 −1 −2 −4 −5 −8 −8 −6 −17 −41 −37 −19 −4 −12 26
Balance sheet
Cash 0 0 0 1 4 5 2 7 3 0 100 2 7 4 8 3 8
Total debt 0 2 1 0 0 0 1 — 4 5 1 6 — 1 1 0 0
Net debt (negative = net cash) −0 2 0 −1 −4 −5 −1 −7 1 5 −99 4 −7 −3 −7 −3 −8
Diluted shares — — — — — — — 1m 2m 2m 28m 30m 31m 34m 38m 50m 60m
Returned to shareholders
Buybacks — — — — — — — — — — — 0 0 0 — — —
Total returned — — — — — — — — — — — 0 0 0 — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 3 checks passed · June 30, 2026
What it owns · $95m
Short-term assets $63mLonger-term assets $31m
What it owes, and who funded it · $93m
Short-term liabilities $32mLonger-term liabilities $9mShareholders' equity $52m
  • Short-term assets cover short-term liabilities $63m of assets due within a year against $32m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $63m short-term assets against $9m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of −$13m against $771,000 of interest.

From Kartoon Studios, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+37.6%
year over year
Days sales outstanding
23 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in movies & entertainment
Last 12 months unless stated TOON CURI LVO GAIA ANGH NIPG Median
Revenue, last 12 months $33m $76m $77m $95m $99m $127m $1.1bn
Revenue growth, last 12 months −13.9% 24.9% −23.1% −2.4% 27.2% 48.4% 8.5%
Revenue growth, 3-year average −20.1% 5.6% −9.5% 6.3% — — 7.1%
Revenue growth, latest quarter −43.4% 22.3% 0.7% −11.8% — — 11.3%
Gross margin 20.6% — 17.9% 86.1% −25.4% −1.2% 33.2%
Operating margin −39.3% −0.3% −19.6% −8.7% −88.0% −196.5% 2.5%
Operating margin, 3-year average −76.7% −24.9% −15.0% −7.1% — — −0.6%
Net margin 26.9% 0.0% −25.8% −8.2% −90.1% −187.7% 0.5%
Cash from operations / revenue 80.7% 7.1% −12.4% −6.5% −36.5% −12.4% 9.9%
Free-cash-flow margin 80.2% 7.1% −16.3% −14.7% −36.6% −12.6% 5.3%
Free-cash-flow margin, 3-year average 12.1% 6.1% −4.9% −4.0% — — 6.1%
Stock pay / revenue 0.6% 20.3% 20.8% 1.6% −0.2% 29.0% 1.5%
Change in share count 37.6% 3.3% 7.0% 2.2% 18.0% 128.6% 1.6%

Median of all 25 companies we cover in movies & entertainment. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

25 movies & entertainment companies
Measure Company Peer median Rank
Revenue growth Growth -13.9% 8.5% 24 of 25
Change in growth rate Growth -16.9pp +0.7pp 23 of 25
Operating margin Profitability -39.3% 3.0% 22 of 24
Net margin Profitability 26.9% 0.5% 2 of 25
Free-cash-flow margin Cash generation 80.2% 7.1% 1 of 24
Stock pay as % of revenue Cash generation 0.6% 1.5% 5 of 25
Change in share count Balance sheet 37.6% 1.6% 17 of 19
Days sales outstanding Balance sheet 23 days 35 days 5 of 17

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue YoY
Content Production Distribution $35.2M ▲ 26.8%
Content Production and Distribution $35.2M ▲ 26.8%
Media Advisory and Advertising Services $4.2M ▼ 14.1%
Media Advisory and Advertising $4.2M ▼ 14.1%

These categories overlap or exclude eliminations, so shares aren't shown.

Products and services
Line of business Revenue Share YoY
Production Services $26.8M 68.2% ▲ 50.3%
Content Distribution $8M 20.3% ▼ 16.9%
Media Advisory and Advertising Services $4.2M 10.6% ▼ 14.1%
Licenses $387,000 1.0% ▲ 29.9%
Geography
Region Revenue Share YoY
United States $18.1M 46.0% ▲ 1.8%
Canada $13.2M 33.6% ▲ 128.9%
United Kingdom $7.9M 20.0% ▼ 8.7%
Other Countries $138,000 0.4% ▼ 63.7%

From Kartoon Studios, Inc.'s 10-K filed March 31, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$14.1M
Institutions reporting
43
Shares held vs prior quarter
▼ 5.3%
Positions opened / closed
8 / 9

Top buyers and sellers, Q2 2026: 19 institutions bought and 19 sold ; the biggest buyer was Clear Street Group Inc (+3.5M shares) and the biggest seller Anson Funds Management LP (−5.2M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Anson Funds Management LP $3.7M 5.2M 26.2% ▼ 50.0%
Clear Street Group Inc. $2.5M 3.6M 17.9% ▲ 9782.4%
Nomura Holdings Inc $2.1M 3.0M 15.0% ▼ 9.3%
Vanguard Capital Management LLC $1.6M 2.3M 11.6% ▲ 44.7%
SG Americas Securities, LLC $746,000 1.1M 5.3% 0.0%
Hudson Bay Capital Management LP $710,000 1.0M 5.0% 0.0%
Renaissance Technologies LLC $419,094 590K 3.0% ▲ 4423.9%
Morgan Stanley $382,247 538K 2.7% ▼ 12.9%
Geode Capital Management, LLC $365,763 515K 2.6% ▼ 21.0%
Blackrock, Inc. $306,847 432K 2.2% ▲ 0.6%
Vanguard Fiduciary Trust Co $224,702 316K 1.6% ▲ 0.7%
Caption Management, LLC $216,222 305K 1.5% 0.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Kartoon Studios, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 13, 2026 estimated from the company's past filing pattern, not announced

  • August 14, 2026
  • May 15, 2026
  • March 31, 2026
  • November 14, 2025
  • August 14, 2025
  • May 15, 2025

Recent SEC filings

Data status

When each part of this page on Kartoon Studios, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Kartoon Studios, Inc. in brief

What does Kartoon Studios, Inc. do?
Kartoon Studios, Inc. is a US-listed company in the movies & entertainment industry. Its financial year ends in December.
What is Kartoon Studios, Inc.'s stock ticker?
Kartoon Studios, Inc. trades under the ticker TOON on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Kartoon Studios, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Kartoon Studios, Inc. reported revenue of $32.6M, 13.9% lower than a year earlier, according to its SEC filings.
What is Kartoon Studios, Inc.'s free cash flow?
Kartoon Studios, Inc.'s free-cash-flow margin is 80.2% of revenue over the trailing twelve months, ranking 1 of the 24 movies & entertainment companies we cover.
Who are Kartoon Studios, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Anson Funds Management LP, Clear Street Group Inc. and Nomura Holdings Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Kartoon Studios, Inc.'s market cap?
On November 2, 2026, Kartoon Studios, Inc.'s market capitalisation was about $31.3M, with a price-to-earnings ratio of 3.6 and net debt of -$7.7M. Market figures come from third-party market data and may be delayed.
Who are Kartoon Studios, Inc.'s competitors?
In our Movies & Entertainment peer group, the companies closest to Kartoon Studios, Inc. are Curiositystream Inc., Liveone, Inc., Gaia, Inc, Anghami Inc and NIP Group Inc. The side-by-side comparison below sets their revenue, margins and growth against Kartoon Studios, Inc.'s.
When is Kartoon Studios, Inc.'s next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Kartoon Studios, Inc. announces its own schedule.