CuriosityStream Inc., a media and entertainment company, provides factual content through multiple channels. The company provides video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly through distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales. It offers streaming content through a host of screen and devices, including televisions, set-top boxes, computers, streaming media players, game consoles, and mobile devices. CuriosityStream Inc. is based in Silver Spring, Maryland.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $72M | $7M | $-6M | $13M | -15.5% | 40.1% | -50.3% |
| 2024 | $51M | $6M | $-13M | $8M | -22.4% | -10.1% | -73.5% |
| 2023 | $57M | $-2M | $-49M | $-16M | -67.3% | -27.1% | -4.0% |
| 2022 | $78M | $-12M | $-51M | $-40M | -43.3% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 78.04 | 56.89 | 51.13 | 71.66 |
| Operating Revenue | - | 78.04 | 56.89 | 51.13 | 71.66 |
| Cost Of Revenue | - | 51.54 | 35.55 | 25.36 | 31.11 |
| Gross Profit | - | 26.51 | 21.34 | 25.77 | 40.54 |
| Operating Expense | - | 78.19 | 46.84 | 39.10 | 47.85 |
| Selling General And Administration | - | 78.19 | 46.84 | 39.10 | 47.85 |
| Total Expenses | - | 129.72 | 82.39 | 64.47 | 78.96 |
| Operating Income | - | -51.68 | -25.50 | -13.33 | -7.30 |
| Total Operating Income As Reported | - | -55.28 | -44.47 | -13.33 | -7.30 |
| EBITDA | - | -11.69 | -2.10 | 6.14 | 7.37 |
| Normalized EBITDA | - | -13.49 | 16.66 | 6.18 | 7.28 |
| EBIT | - | -51.68 | -25.50 | -13.33 | -7.30 |
| Interest Income | - | 0.18 | 1.27 | 3.07 | 0.98 |
| Net Interest Income | - | 0.18 | 1.27 | 3.07 | 0.98 |
| Other Income Expense | - | 0.96 | -24.16 | -2.55 | -0.09 |
| Interest Income Non Operating | - | 0.18 | 1.27 | 3.07 | 0.98 |
| Net Non Operating Interest Income Expense | - | 0.18 | 1.27 | 3.07 | 0.98 |
| Pretax Income | - | -50.55 | -48.39 | -12.81 | -6.41 |
| Tax Provision | - | 0.37 | 0.51 | 0.13 | 0.01 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0.38 | -3.94 | -0.01 | 0.02 |
| Net Income Continuous Operations | - | -50.92 | -48.90 | -12.94 | -6.43 |
| Net Income From Continuing And Discontinued Operation | - | -50.92 | -48.90 | -12.94 | -6.43 |
| Net Income From Continuing Operation Net Minority Interest | - | -50.92 | -48.90 | -12.94 | -6.43 |
| Net Income | - | -50.92 | -48.90 | -12.94 | -6.43 |
| Net Income Common Stockholders | - | -50.92 | -48.90 | -12.94 | -6.43 |
| Net Income Including Noncontrolling Interests | - | -50.92 | -48.90 | -12.94 | -6.43 |
| Normalized Income | - | -52.34 | -34.08 | -12.91 | -6.50 |
| Diluted NI Availto Com Stockholders | - | -50.92 | -48.90 | -12.94 | -6.43 |
| Basic Average Shares | - | 52.79 | 53.04 | 54.48 | 57.66 |
| Diluted Average Shares | - | 52.79 | 53.04 | 54.48 | 57.66 |
| Reconciled Depreciation | - | 39.99 | 23.40 | 19.47 | 14.68 |
| Reconciled Cost Of Revenue | - | 51.54 | 35.55 | 25.36 | 31.11 |
| Total Unusual Items | - | 1.80 | -18.76 | -0.04 | 0.09 |
| Total Unusual Items Excluding Goodwill | - | 1.80 | -18.76 | -0.04 | 0.09 |
| Special Income Charges | 0 | -3.60 | -18.97 | 0 | - |
| Impairment Of Capital Assets | 0 | 3.60 | 18.97 | 0 | - |
| Gain On Sale Of Security | - | 5.40 | 0.21 | -0.04 | 0.09 |
| General And Administrative Expense | - | 37.48 | 29.45 | 24.67 | 33.82 |
| Other Gand A | - | 37.48 | 29.45 | 24.67 | 33.82 |
| Selling And Marketing Expense | - | 40.71 | 17.39 | 14.43 | 14.03 |
| Earnings From Equity Interest | - | -0.85 | -5.40 | -2.51 | -0.18 |
| Average Dilution Earnings | -15.18 | 0 | - | - | - |
Communication Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| CuriosityStream Inc.this co. | CURI | $191M | -29.80 | 4.62 | -15.5% | 24.02 |
| The E.W. Scripps Company | SSP | $306M | -3.03 | 0.37 | -12.2% | 11.85 |
| FuboTV Inc. | FUBO | $299M | -1.74 | 1.52 | -87.7% | -4.54 |
| Crexendo, Inc. | CXDO | $289M | 57.05 | 4.53 | 7.9% | 29.83 |
| ZipRecruiter, Inc. | ZIP | $271M | -8.20 |
| - |
| - |
| - |
| - |
| - |
| -3.51 |
| 42.7% |
| 55.81 |
| Angi Inc. | ANGI | $261M | 5.96 | 0.28 | 4.7% | 3.60 |
| Teads Holding Co. | TEAD | $112M | -0.22 | 1.17 | -541.8% | -1.92 |
| Travelzoo | TZOO | $101M | 21.42 | -13.39 | -62.5% | 13.40 |
| Vivid Seats Inc. | SEAT | $99M | -0.23 | -1.16 | 504.3% | -0.69 |
| Peer Median | - | -0.22 | 0.33 | -3.7% | 7.73 | |