Starz Entertainment reports Q3 2026 results and reaffirms 2026‑2027 targets
Starz Entertainment Corp. posted third‑quarter 2026 revenue of $322.4 million, an operating loss of $21.2 million and adjusted OIBDA of $44.2 million. The company reaffirmed its 2026 and 2027 financial targets, including mid‑single‑digit adjusted OIBDA growth and unlevered free cash flow of $100 million‑$120 million for 2026. CEO Jeffrey Hirsch said the quarter showed strong OTT revenue growth and progress toward its strategic content ownership plan.
Why it matters
The reaffirmed guidance signals that Starz expects continued revenue growth and cash generation, which may affect investors' valuation models and debt covenant assessments. The company also noted that its $183.0 million revolving credit facility remains fully undrawn, preserving liquidity for future initiatives.
Key facts
- 1Revenue for the quarter was $322.4 million. sec.gov
- 2Operating loss for the quarter was $(21.2) million. sec.gov
- 3Adjusted OIBDA for the quarter was $44.2 million. sec.gov
- 4Unlevered free cash flow outlook for 2026 is $100 million to $120 million. sec.gov
- 5Adjusted OIBDA margin outlook for the second half of 2027 is 20 percent. prnewswire.com
- 6The revolving credit facility of $183.0 million remained fully undrawn. sec.gov
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.