CuriosityStream Records First Profit for Q1

CuriosityStream reported first-quarter revenues of $15.1 million, up from $12.1 million in the same period last year, emerging from the year-ago loss to post its first profit.

“We’re thrilled to begin 2025 with a quarter of historic milestones, achieving positive net income and EBITDA for the first time, 26 percent top-line revenue growth and a continued trajectory of positive adjusted free cash flow, which came in at the top end of our guidance,” said Clint Stinchcomb, president and CEO of CuriosityStream. “In light of our confidence in the future and our growth path, and in a continuing effort to reward our shareholders, we are doubling our quarterly dividend to $0.08 per share. We believe our substantial quantity and quality of premium factual video and data represents a corpus of content that is uniquely attractive to a notably broad set of licensors and consumers.”

In Q1 last year, the company, founded by Discovery alum John Hendricks, reported a net loss of $5 million. In the year since, it has licensed several million short-form and long-form programs for both AI training and traditional media distribution; expanded the reach of its services, including bringing Curiosity University to The Roku Channel as a premium subscription; and secured rights to a further 210,000-plus hours of video and audio data across a wide range of genres.

For Q2, the company is projecting revenues of between $16 million and $17 million.