November 12, 2025 — Leads & Copy — CuriosityStream Inc. (NASDAQ: CURI) has reported its financial results for the quarter ended September 30, 2025, and declared a fourth-quarter cash dividend.
The company’s Board of Directors has declared a cash dividend of $0.08 per share for the fourth quarter, which will be paid on December 19, 2025, to stockholders of record as of December 5, 2025.
According to CuriosityStream President & CEO Clint Stinchcomb, the company’s Q3 results exceeded guidance due to “disciplined execution and durable, recurring demand” for its content. Stinchcomb noted revenue growth of 46% year-over-year, an 88% increase in adjusted free cash flow, and an improvement in Adjusted EBITDA from negative to a positive $3 million. He added that CuriosityStream’s “complementary growth engines” are building momentum and strengthening the company’s position in the knowledge, media, and artificial intelligence sectors.
Key financial highlights for the third quarter of 2025 include:
- Revenue of $18.4 million, compared to $12.6 million in the third quarter of 2024.
- Record gross profit of $10.8 million, with a gross margin of 58.7%, compared to $6.8 million or 53.7% in the third quarter of 2024.
- Net loss of $3.7 million, inclusive of $7.0 million of non-cash stock-based compensation, compared to a net loss of $3.1 million, inclusive of $2.7 million in non-cash stock-based compensation, in the third quarter of 2024.
- Adjusted EBITDA of $3.0 million, an improvement of $3.4 million, compared to an Adjusted EBITDA loss of $0.4 million in the third quarter of 2024, marking the third consecutive quarter of positive EBITDA.
- Record net cash provided by operating activities of $4.5 million, compared to $2.3 million in the third quarter of 2024.
- Record adjusted Free Cash Flow of $4.8 million, compared to $2.6 million in the third quarter of 2024.
- Total advertising and marketing and general and administrative expenses of $15.3 million.
- An ordinary dividend payment of $4.6 million.
- Cash, restricted cash, and held-to-maturity securities balance of $29.3 million, with no debt, as of September 30, 2025.
Key business highlights for the third quarter of 2025 include:
- Launch of subscription services with partners in the U.S., Australia, New Zealand, and Germany.
- Fourth straight quarter of expanded data and video licensing partnerships for AI training, with a library of nearly 2 million hours of video and audio across multiple genres.
- Continued growth of the advertising business, with U.S. Hispanic and flagship FAST channels recently launched on Amazon, Roku, LG, and Truth+.
- Strengthened content lineup with the debut of four innovative originals: De-Extinction, Data Center Energy Crisis, Artemis II, and Flow.
- Launch of payment options in sixteen new currencies, including the Chinese Yuan, Russian Ruble, Thai Baht, and Israeli New Shekel.
For the fourth quarter of 2025, CuriosityStream anticipates:
- Revenue within the range of $18 – $20 million, representing a year-over-year growth of 27% – 42%.
- Adjusted Free Cash Flow within the range of $2.5 – $3.5 million.
CuriosityStream held a Q&A conference call today at 5:00 p.m. Eastern Time to discuss the results. A replay is available on the company’s Investor Relations website.
CuriosityStream Inc. is a global media company that provides factual films, shows, and series covering science, nature, history, technology, society, and lifestyle. It operates the Curiosity Stream SVOD service, Curiosity Channel, Curiosity University, Curiosity Now, Curiosity Explora, Curiosity Audio Network, and Curiosity Studios.
Source: CuriosityStream
