CuriosityStream (CURI)


Market Price (8/23/2026): $2.78 | Market Cap: $164.5 MilSector: Communication Services | Industry: Broadcasting

CuriosityStream (CURI)


Market Price (8/23/2026): $2.78
Market Cap: $164.5 Mil
Sector: Communication Services
Industry: Broadcasting

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, Dividend Yield is 12%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.4%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25%

Megatrend and thematic drivers
Megatrends include Digital Content & Streaming. Themes include Video Streaming.

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -0.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.3%

Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 30x, P/EPrice/Earnings or Price/(Net Income) is 6,807x

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 20%

Key risks
CURI key risks include [1] a declining core streaming business with persistent subscriber loss, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, Dividend Yield is 12%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.4%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25%
2 Megatrend and thematic drivers
Megatrends include Digital Content & Streaming. Themes include Video Streaming.
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -0.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.3%
4 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 30x, P/EPrice/Earnings or Price/(Net Income) is 6,807x
5 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 20%
6 Key risks
CURI key risks include [1] a declining core streaming business with persistent subscriber loss, Show more.

CURI in ETFs

Weight = CURI's share of each fund

VTI0.00%
IWM0.00%
IWO0.01%
VTWO0.00%
DFAS0.00%
IWN0.00%
DFAC0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

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Updated on 8/18/2026

CuriosityStream (CURI) stock has lost about 10% since 4/30/2026 because of the following key factors:

1. CuriosityStream's fiscal Q1 2026 financial results, reported on May 14, 2026, revealed a net loss of $1.3 million, inclusive of $2.2 million in non-cash stock-based compensation, which contrasted with a net income in fiscal Q1 2025. Although the company achieved its fifth consecutive quarter of positive Adjusted EBITDA at $0.9 million and saw a gross margin improvement to 56.1%, the sequential revenue decline acknowledged by the CEO likely contributed to negative investor sentiment. This led to a significant stock price decrease of 19.49% on the day of the earnings announcement.

2. The flat year-over-year growth in subscription revenue for fiscal Q2 2026, remaining at approximately $9 million, indicates limited expansion in CuriosityStream's core direct-to-consumer business. Despite a strategic shift towards prioritizing "durable economics over growth" and robust performance in licensing revenue, the lack of significant subscriber growth in this segment could be a contributing factor to sustained investor caution and downward pressure on the stock during the analysis period, particularly before the positive Q2 earnings announcement.

Show more
Updated on 8/18/2026

CuriosityStream (CURI) stock has lost about 10% since 4/30/2026 because of the following key factors:

1. CuriosityStream's fiscal Q1 2026 financial results, reported on May 14, 2026, revealed a net loss of $1.3 million, inclusive of $2.2 million in non-cash stock-based compensation, which contrasted with a net income in fiscal Q1 2025. Although the company achieved its fifth consecutive quarter of positive Adjusted EBITDA at $0.9 million and saw a gross margin improvement to 56.1%, the sequential revenue decline acknowledged by the CEO likely contributed to negative investor sentiment. This led to a significant stock price decrease of 19.49% on the day of the earnings announcement.

2. The flat year-over-year growth in subscription revenue for fiscal Q2 2026, remaining at approximately $9 million, indicates limited expansion in CuriosityStream's core direct-to-consumer business. Despite a strategic shift towards prioritizing "durable economics over growth" and robust performance in licensing revenue, the lack of significant subscriber growth in this segment could be a contributing factor to sustained investor caution and downward pressure on the stock during the analysis period, particularly before the positive Q2 earnings announcement.

3. Following the release of the fiscal Q1 2026 earnings, Barrington analyst Patrick Sholl lowered the price target for CuriosityStream to $5 from $5.50. This revision reflected concerns about the "lumpy" nature of the company's licensing revenue, signaling a potentially more cautious outlook from analysts regarding future growth prospects and valuation.

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Stock Movement Drivers

Fundamental Drivers

The -10.0% change in CURI stock from 4/30/2026 to 8/22/2026 was primarily driven by a -14.0% change in the company's P/S Multiple.
(LTM values as of)43020268222026Change
Stock Price ($)3.072.76-10.0%
Change Contribution By: 
Total Revenues ($ Mil)72766.0%
P/S Multiple2.52.2-14.0%
Shares Outstanding (Mil)5859-1.3%
Cumulative Contribution-10.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/22/2026
ReturnCorrelation
CURI-10.0% 
Market (SPY)6.5%29.3%
Sector (XLC)-4.4%45.1%

Fundamental Drivers

The -21.9% change in CURI stock from 1/31/2026 to 8/22/2026 was primarily driven by a -30.1% change in the company's P/S Multiple.
(LTM values as of)13120268222026Change
Stock Price ($)3.542.76-21.9%
Change Contribution By: 
Total Revenues ($ Mil)677614.1%
P/S Multiple3.12.2-30.1%
Shares Outstanding (Mil)5859-2.1%
Cumulative Contribution-21.9%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/22/2026
ReturnCorrelation
CURI-21.9% 
Market (SPY)11.0%31.0%
Sector (XLC)-6.9%44.0%

Fundamental Drivers

The -38.0% change in CURI stock from 7/31/2025 to 8/22/2026 was primarily driven by a -54.2% change in the company's P/S Multiple.
(LTM values as of)73120258222026Change
Stock Price ($)4.452.76-38.0%
Change Contribution By: 
Total Revenues ($ Mil)547640.1%
P/S Multiple4.72.2-54.2%
Shares Outstanding (Mil)5759-3.5%
Cumulative Contribution-38.0%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/22/2026
ReturnCorrelation
CURI-38.0% 
Market (SPY)22.2%25.8%
Sector (XLC)4.7%33.8%

Fundamental Drivers

The 199.4% change in CURI stock from 7/31/2023 to 8/22/2026 was primarily driven by a 220.7% change in the company's P/S Multiple.
(LTM values as of)73120238222026Change
Stock Price ($)0.922.76199.4%
Change Contribution By: 
Total Revenues ($ Mil)73764.3%
P/S Multiple0.72.2220.7%
Shares Outstanding (Mil)5359-10.5%
Cumulative Contribution199.4%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/22/2026
ReturnCorrelation
CURI199.4% 
Market (SPY)73.2%19.7%
Sector (XLC)67.1%19.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CURI Return-57%-81%-53%198%170%-19%-75%
Peers Return4%-45%26%24%56%-3%33%
S&P 500 Return27%-19%24%23%16%12%103%

Monthly Win Rates [3]
CURI Win Rate33%25%33%50%50%25% 
Peers Win Rate40%40%56%56%58%40% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
CURI Max Drawdown-75%-82%-73%-43%-44%-35% 
Peers Max Drawdown-42%-62%-38%-32%-32%-29% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: WBD, AMCX, NFLX, PARA, FOXA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/21/2026 (YTD)

How Low Can It Go

EventCURIS&P 500
2025 US Tariff Shock
  % Loss-20.1%-18.8%
  % Gain to Breakeven25.1%23.1%
  Time to Breakeven4 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-48.5%-9.5%
  % Gain to Breakeven94.1%10.5%
  Time to Breakeven148 days24 days
2023 SVB Regional Banking Crisis
  % Loss-51.7%-6.7%
  % Gain to Breakeven107.0%7.1%
  Time to Breakeven445 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-81.3%-24.5%
  % Gain to Breakeven434.8%32.4%
  Time to Breakeven933 days427 days

Compare to WBD, AMCX, NFLX, PARA, FOXA

In The Past

CuriosityStream's stock fell -20.1% during the 2025 US Tariff Shock. Such a loss loss requires a 25.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventCURIS&P 500
2025 US Tariff Shock
  % Loss-20.1%-18.8%
  % Gain to Breakeven25.1%23.1%
  Time to Breakeven4 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-48.5%-9.5%
  % Gain to Breakeven94.1%10.5%
  Time to Breakeven148 days24 days
2023 SVB Regional Banking Crisis
  % Loss-51.7%-6.7%
  % Gain to Breakeven107.0%7.1%
  Time to Breakeven445 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-81.3%-24.5%
  % Gain to Breakeven434.8%32.4%
  Time to Breakeven933 days427 days

Compare to WBD, AMCX, NFLX, PARA, FOXA

In The Past

CuriosityStream's stock fell -20.1% during the 2025 US Tariff Shock. Such a loss loss requires a 25.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About CuriosityStream (CURI)

CuriosityStream Inc. (CURI) operates as a specialized streaming service and media company focused entirely on factual content. The company curates and provides a wide array of premium video programming spanning categories such as science, history, society, nature, lifestyle, and technology. Essentially, it serves as a leading destination for documentary and informational entertainment, targeting audiences interested in learning and exploring various aspects of the real world.

The company's main product is its direct-to-consumer subscription video-on-demand (SVoD) platform, allowing subscribers to access its extensive content library across numerous internet-connected devices, including televisions, computers, and mobile devices. In addition to direct subscriptions, CuriosityStream expands its reach and generates revenue through various partnerships. This includes licensing its content for bundled SVoD and linear offerings, facilitating bulk sales to partners, and engaging in brand collaborations to distribute its unique factual programming.

CuriosityStream serves a broad market of viewers seeking high-quality factual and educational entertainment. Its primary customers include direct individual subscribers to its SVoD service, as well as subscribers gained through its robust network of distribution partners. These partners deliver CuriosityStream's content either directly to their own customer bases or as part of bundled packages, such as those offered by multi-channel video programming distributors (MVPDs). As of December 2021, the company boasted approximately 23 million total paying subscribers globally.

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  • Netflix for factual content.
  • A streaming version of the Discovery Channel or National Geographic.

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  • Direct-to-Consumer SVoD Subscriptions: Provides individual subscribers with direct access to CuriosityStream's library of factual content via its proprietary streaming platform.
  • Content Licensing & Partner Distribution: Licenses its factual video programming to other media companies and distribution partners for inclusion in their own streaming or linear offerings.
  • Content Sales & Brand Partnerships: Engages in direct sales of its content to third parties and forms brand partnerships for promotional or bundled content offerings.

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CuriosityStream (CURI) primarily sells its streaming content services to individuals, though it leverages various distribution channels and partnerships to reach these subscribers. Its major customers fall into the following three categories:

  1. Direct Subscribers: These are individual users who subscribe directly to CuriosityStream's own subscription video on-demand (SVoD) platforms. They access the service via internet-connected devices such as televisions, computers, streaming media players, game consoles, and mobile devices.
  2. Partner-Accessed Subscribers: This category includes individuals who subscribe to or access CuriosityStream's content through a distribution partner's platform or system. While the content is delivered via a third-party, these individuals are considered CuriosityStream subscribers.
  3. Bundled MVPD Subscribers: These are individuals who receive CuriosityStream content as part of a larger bundle offered by a Multichannel Video Programming Distributor (MVPD). MVPDs typically include traditional cable and satellite television providers, as well as virtual MVPDs (vMVPDs) that offer live TV streaming services.

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Amazon.com, Inc. (AMZN)

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Clint Stinchcomb – President and Chief Executive Officer
Clint Stinchcomb was appointed President and CEO of CuriosityStream in June 2018. He previously co-founded and served as CEO of Poker Central. Stinchcomb also held several senior leadership positions at Discovery Communications, including Executive Vice President and General Manager of Emerging Television Networks. Under his leadership, CuriosityStream successfully navigated various financial milestones, including a reverse-merger and initial public offering in 2020, as well as follow-on and secondary offerings.

P. Brady Hayden – Chief Financial Officer
P. Brady Hayden oversees global finance operations and investor relations for CuriosityStream. He became Chief Financial Officer effective May 31, 2024, after joining the company in June 2023 as Corporate Controller. Prior to his time at CuriosityStream, Hayden served as Vice President of Finance and Principal Accounting Officer at Cyren Ltd., a publicly traded cybersecurity firm. His experience includes various senior finance roles with other public reporting companies, such as Spok Holdings Inc.

Tia Cudahy – Chief Operating Officer and Secretary
As Chief Operating Officer, Tia Cudahy is responsible for overseeing CuriosityStream's operations, key partnerships, corporate matters, and governance. Her background includes extensive media business experience from roles at NPR, where she was in Business Affairs, and at Discovery Communications, where she served as a Deputy General Counsel.

John Vilade – Chief Commercial Officer
John Vilade was appointed Chief Commercial Officer of CuriosityStream on February 5, 2026. He brings over 30 years of experience in media, technology, and business development to his role. His previous senior roles include positions at NBCUniversal, Hulu, Discovery Communications, and Premion, and he most recently served as CEO of 6P Color.

Becky Reed – SVP and General Counsel
Becky Reed serves as Senior Vice President and General Counsel for CuriosityStream Inc. She previously held the position of Vice President and Associate General Counsel at CuriosityStream from July 2021 through January 2023. Her prior experience includes serving as Vice President, Business Affairs for Public Broadcasting Service and over fifteen years as Vice President, Business Affairs and Programming Legal for Discovery Communications. Earlier in her career, Reed worked as an associate at Davis Wright Tremaine and as Deputy General Counsel for the Bill Bradley for President Campaign.

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Key Risks to CuriosityStream (CURI)

CuriosityStream (CURI) faces several key risks to its business, primarily stemming from intense competition in the streaming market, the inherent volatility of its growing content licensing segment, and persistent profitability challenges.

  • Declining Direct-to-Consumer (DTC) Subscriptions and Intense Competition: CuriosityStream operates in a highly competitive streaming landscape dominated by much larger players like Netflix, Amazon, and Hulu, which possess significantly greater resources for content acquisition and marketing. The company has experienced a decline in its total direct-to-consumer subscriptions, reflecting a broader maturation of the streaming market and a strategic shift in focus. This decline in its core subscription base poses a fundamental challenge to its long-term growth and market position.
  • Lumpy and Potentially Unsustainable Licensing Revenue: While content licensing, particularly for AI model training, has emerged as a significant growth driver for CuriosityStream, this revenue stream introduces volatility and "lumpy" recognition, making short-term financial predictability difficult. There are concerns regarding the long-term sustainability of this revenue stream, especially given a dwindling licensed content library and reduced content spending in previous years, which could gradually weaken the content available for licensing if acquisitions do not accelerate.
  • Persistent GAAP Losses and Cost Pressures: Despite reporting improvements in adjusted EBITDA and free cash flow, CuriosityStream has historically remained unprofitable under Generally Accepted Accounting Principles (GAAP), carrying a significant accumulated deficit. The company continues to face cost pressures, including rising infrastructure costs tied to content delivery for licensing partners and notable stock-based compensation expenses, which impact its bottom line. Achieving sustainable GAAP profitability remains a key challenge.

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The increasing prominence and investment in free ad-supported video on demand (AVoD) and free ad-supported streaming television (FAST) platforms. These platforms are acquiring and producing high-quality factual content, directly competing with CuriosityStream's paid subscription model by offering similar content without a direct subscription fee, potentially leading to subscriber churn from paid niche services.

The continued growth and increasing professionalization of high-quality factual and educational content creators on platforms like YouTube. As the production values and depth of content from independent creators improve, and as platforms better curate and monetize this content, it presents a compelling, often free, alternative to CuriosityStream's curated premium factual offerings, potentially fragmenting audience attention and reducing the perceived value of a dedicated paid factual streaming service.

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CuriosityStream (CURI) operates within the global streaming market, encompassing Subscription Video On-Demand (SVOD) and Advertising Video On-Demand (AVOD) services, as well as the broader video streaming industry. While a specific addressable market size solely for "factual content streaming" was not identified, the company's products and services operate within these larger streaming categories.

The global SVOD market was valued at approximately $95.5 billion in 2024, with an anticipated Compound Annual Growth Rate (CAGR) of 9.6% from 2025 to 2030. Concurrently, the global AVOD market reached an estimated $49.0 billion in 2024, with a projected CAGR of 29.2% from 2025 to 2030.

The overall global video streaming market was valued at $811.37 billion in 2025 and is projected to grow to $969.56 billion in 2026, with an anticipated further increase to $3,394.56 billion by 2034, exhibiting a CAGR of 17.00% during this forecast period. North America represented a significant portion of this market, holding a 37.70% share in 2025, and the U.S. video streaming market alone is predicted to reach an estimated value of $610.59 billion by 2032.

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Here are 3-5 expected drivers of future revenue growth for CuriosityStream (CURI) over the next 2-3 years:
  1. Growth in Content Licensing, particularly for AI Model Training: CuriosityStream anticipates significant revenue growth from its content licensing business, especially driven by demand for its extensive video and audio library for AI model training. This segment is expected to become a primary revenue stream, with management forecasting licensing revenue to surpass subscription revenue in 2026. The company highlights its nearly 2-million-hour library of factual content as a key asset for AI training fulfillments.
  2. Expansion of Subscription Business and Price Increases: While licensing is gaining prominence, the subscription business remains a crucial growth pillar. CuriosityStream expects overall subscription revenue, encompassing both retail and wholesale, to grow at an accelerated pace in 2026 compared to 2025. A price increase implemented on March 1, 2026, is also projected to contribute to future subscription revenue growth over the next year.
  3. Increased Distribution Partnerships and Platform Launches: The company plans to significantly expand its reach through new distribution partnerships and platform launches. CuriosityStream projects its roster of partners to more than double in 2026, with a potential increase of five to six times by 2027, and aims for 12 to 20 new platform launches in 2026. This expansion is expected to broaden its audience and drive revenue.
  4. Growth in Advertising Business: The advertising segment is identified as one of CuriosityStream's three complementary growth pillars. The company has recently expanded its advertising presence through launches on platforms such as Amazon, Roku, LG, and Truth+, and has introduced a branded content block on Australia TV's free-to-air broadcast channel.

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Share Repurchases

  • CuriosityStream Inc. announced a share repurchase program in June 2024 to acquire up to $4 million of its common stock.
  • In March 2026, the company's Board of Directors authorized an additional $2 million, bringing the total authorized share repurchase program to $6 million, based on full-year 2025 results.

Share Issuance

  • The number of CuriosityStream's outstanding shares increased by 5.84% in the year leading up to March 13, 2026.
  • As of Q3 2025, CuriosityStream Inc. had 58 million shares outstanding, which represented an increase of 0.6% from the prior quarter.

Outbound Investments

  • In 2021, CuriosityStream invested in Watch Nebula LLC ("Nebula"), an SVOD streaming service.
  • Also in 2021, the company partnered with Spiegel TV to expand internationally, acquiring a one-third stake in a German joint venture (Spiegel TV Geschichte und Wissen GmbH & Co.).

Capital Expenditures

  • CuriosityStream reported minimal capital expenditures, with a negative -$102,000 over the last 12 months as of March 13, 2026.
  • Capital expenditures totaled $0 in Q3 2025 and were also reported as $0 in the most recent quarter (Q4 2025 or Q3 2025 depending on source).
  • Over the past five years, the company's average Capital Expenditures as a percentage of its 10-year average was 0%.

Better Bets vs. CuriosityStream (CURI)

Peer Outperformance in Broadcasting

CURI has trailed 62% of its 13 Broadcasting peers over 5Y. Among the peers that beat it are FOXA and NXST. Broadcasting ranks 7th of 9 industries in Communication Services by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Broadcasting constituents that CURI has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
13%
of 15 industry peers · -31.4% return
3Y
100%
of 13 industry peers · 278.9% return
5Y
38%
of 13 industry peers · -72.9% return
Broadcasting peers with revenue growth within 4pp of CURI's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
CURI CuriosityStream 6.9% 6,806.8x -31.4%278.9%-72.9%
FOXA Fox 5.1% 17.0x 16.4%116.1%96.8% +170pp
NXST Nexstar Media 4.0% 30.3x -6.7%33.8%51.6% +125pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Communication Services sector, ranked by 5Y. Broadcasting is CURI's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Wireless Telecommunication Services 3 -5.5%40.4%34.3% ECHO 247% · TMUS 34% · SHEN -59%
Publishing 5 26.9%0.3%33.5% NWSA 42% · NYT 38% · SCHL 34%
Integrated Telecommunication Services 21 -8.8%12.9%-13.3% IQST 1486% · GSAT 339% · AD 146%
Movies & Entertainment 23 9.8%84.8%-15.9% IMAX 253% · MSGS 157% · CNK 138%
Alternative Carriers 4 43.2%20.6%-41.2% IRDM 27% · UNIT -38% · LUMN -45%
Advertising 18 -9.1%-10.1%-54.8% APP 327% · EVC 56% · OMC 44%
Broadcasting ← 14 -4.0%-9.3%-65.9% FOXA 97% · NXST 52% · WBD 0%
Interactive Media & Services 31 -27.2%-34.9%-68.8% GOOGL 148% · AREN 71% · META 53%
Interactive Home Entertainment 8 -42.2%-48.9%-89.2% TTWO 47% · RBLX -55% · PINS -57%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

Title
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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CURIWBDAMCXNFLXPARAFOXAMedian
NameCuriosit.Warner B.AMC Glob.Netflix Banzai I.Fox  
Mkt Price2.7628.5512.3979.591.3068.5420.47
Mkt Cap0.271.70.5333.4-28.728.7
Rev LTM7636,1152,24648,3711117,1269,686
Op Inc LTM-02,20317314,355-193,4961,188
FCF LTM52,18019111,152-161,468829
FCF 3Y Avg44,3272928,824-111,9851,139
CFO LTM53,42321911,971-161,9701,094
CFO 3Y Avg45,4763289,400-112,3781,353

Growth & Margins

CURIWBDAMCXNFLXPARAFOXAMedian
NameCuriosit.Warner B.AMC Glob.Netflix Banzai I.Fox  
Rev Chg LTM24.9%-6.1%-4.6%16.0%19.6%5.1%10.5%
Rev Chg 3Y Avg6.9%-4.8%-9.5%14.6%-5.1%5.1%
Rev Chg Q22.3%-11.2%-8.8%13.4%-27.3%28.1%2.3%
QoQ Delta Rev Chg LTM5.9%-2.9%-2.3%3.2%-7.4%5.7%0.4%
Op Inc Chg LTM96.5%129.0%-46.7%16.7%-14.9%8.3%12.5%
Op Inc Chg 3Y Avg70.2%153.2%-31.6%37.6%-9.4%37.6%
Op Mgn LTM-0.3%6.1%7.7%29.7%-177.7%20.4%6.9%
Op Mgn 3Y Avg-13.4%2.4%12.7%27.7%-213.5%19.3%7.5%
QoQ Delta Op Mgn LTM12.1%1.4%-2.0%-0.0%-9.3%0.4%0.2%
CFO/Rev LTM7.1%9.5%9.7%24.7%-151.1%11.5%9.6%
CFO/Rev 3Y Avg6.2%14.2%13.6%22.1%-115.9%15.0%13.9%
FCF/Rev LTM7.1%6.0%8.5%23.1%-151.1%8.6%7.8%
FCF/Rev 3Y Avg6.1%11.2%12.1%20.7%-115.9%12.5%11.6%

Valuation

CURIWBDAMCXNFLXPARAFOXAMedian
NameCuriosit.Warner B.AMC Glob.Netflix Banzai I.Fox  
Mkt Cap0.271.70.5333.4-28.728.7
P/S2.22.00.26.9-1.72.0
P/Op Inc-719.732.53.123.2-8.28.2
P/EBIT-719.7-47.03.219.2-10.73.2
P/E6,806.8-22.6-27.024.4-17.017.0
P/CFO30.320.92.427.9-14.620.9
Total Yield11.8%-4.4%-3.7%4.1%-6.9%4.1%
Dividend Yield11.8%0.0%0.0%0.0%-1.0%0.0%
FCF Yield 3Y Avg0.7%18.2%79.5%2.5%-9.3%9.3%
D/E0.00.43.30.0-0.30.3
Net D/E-0.00.42.40.0-0.10.1

Returns

CURIWBDAMCXNFLXPARAFOXAMedian
NameCuriosit.Warner B.AMC Glob.Netflix Banzai I.Fox  
1M Rtn16.0%10.0%26.6%15.5%-26.1%24.4%15.7%
3M Rtn11.2%5.6%34.1%-10.2%-26.1%7.1%6.4%
6M Rtn-10.7%-0.7%48.4%1.2%-26.1%20.8%0.2%
12M Rtn-31.4%136.9%74.5%-33.9%-26.1%16.4%-4.8%
3Y Rtn278.9%124.8%6.3%86.2%-26.1%116.1%101.1%
1M Excs Rtn12.4%6.4%23.0%11.9%-29.7%20.8%12.2%
3M Excs Rtn6.8%2.3%34.6%-13.9%-29.2%3.6%2.9%
6M Excs Rtn-21.7%-11.8%37.3%-9.9%-37.2%9.7%-10.8%
12M Excs Rtn-49.4%127.4%63.3%-54.4%-46.1%-2.7%-24.4%
3Y Excs Rtn210.9%42.2%-69.6%17.3%-100.4%37.7%27.5%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment725157  
Bundled Distribution   12 
Direct-to-Consumer   29 
Enterprise   6 
Library sales   6 
Other   23
Partner Direct   5 
Presales   19 
License fees    43
Subscriptions    25
Total7251577871


Operating Income by Segment
$ Mil202520242023
Single Segment-7-13-44
Total-7-13-44


Net Income by Segment
$ Mil202520242023
Single Segment-6-13-49
Total-6-13-49


Price Behavior

Price Behavior
Market Price$2.76 
Market Cap ($ Bil)0.2 
First Trading Date01/08/2020 
Distance from 52W High-45.4% 
   50 Days200 Days
DMA Price$2.67$3.20
DMA Trenddowndown
Distance from DMA3.3%-13.6%
 3M1YR
Volatility114.6%78.5%
Downside Capture291.77220.76
Upside Capture308.56131.54
Correlation (SPY)29.5%26.0%
CURI Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta0.261.461.751.601.331.13
Up Beta-2.75-1.67-1.290.000.190.91
Down Beta2.843.505.043.562.281.51
Up Capture-29%126%78%105%87%137%
Bmk +ve Days11223567138427
Stock +ve Days10192858116347
Down Capture103%182%196%177%147%98%
Bmk -ve Days11212859114326
Stock -ve Days11223264127360

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CURI
CURI-29.5%78.5%-0.13-
Sector ETF (XLC)2.4%15.1%-0.0535.1%
Equity (SPY)21.1%12.9%1.2225.9%
Gold (GLD)37.5%28.8%1.104.5%
Commodities (DBC)43.2%20.2%1.66-6.7%
Real Estate (VNQ)12.9%13.8%0.6415.4%
Bitcoin (BTCUSD)-31.6%44.1%-0.7319.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CURI
CURI-23.6%87.3%0.06-
Sector ETF (XLC)7.1%20.9%0.2528.4%
Equity (SPY)12.9%17.2%0.5727.8%
Gold (GLD)20.6%18.6%0.903.5%
Commodities (DBC)10.4%19.6%0.414.1%
Real Estate (VNQ)2.3%18.9%0.0222.6%
Bitcoin (BTCUSD)10.4%52.8%0.3814.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CURI
CURI-10.4%82.4%0.15-
Sector ETF (XLC)9.2%22.2%0.4622.8%
Equity (SPY)15.2%17.9%0.7221.5%
Gold (GLD)12.7%16.2%0.644.5%
Commodities (DBC)8.0%18.0%0.363.4%
Real Estate (VNQ)5.0%20.7%0.2016.4%
Bitcoin (BTCUSD)63.1%66.1%1.0313.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7312026
Short Interest: Shares Quantity2.6 Mil
Short Interest: % Change Since 7152026-1.5%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest8.1 days
Basic Shares Quantity59.2 Mil
Short % of Basic Shares4.3%

Earnings Returns History

Updated 8/21/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/12/202642.5%4.3% 
3/11/2026-2.1%-1.8%-3.4%
11/12/202523.9%21.8%13.1%
8/6/20250.2%-3.1%9.7%
5/6/202540.3%73.0%74.5%
3/11/202519.9%45.9%27.6%
3/21/2024-6.2%11.5%7.0%
8/14/2023-7.3%-14.9%-26.6%
...
SUMMARY STATS   
# Positive799
# Negative12109
Median Positive23.9%11.5%18.0%
Median Negative-7.3%-13.6%-25.3%
Max Positive42.5%73.0%74.5%
Max Negative-19.7%-27.2%-39.1%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/12/202642.5%4.3% 
3/11/2026-2.1%-1.8%-3.4%
11/12/202523.9%21.8%13.1%
8/6/20250.2%-3.1%9.7%
5/6/202540.3%73.0%74.5%
3/11/202519.9%45.9%27.6%
3/21/2024-6.2%11.5%7.0%
8/14/2023-7.3%-14.9%-26.6%
5/11/2023-5.1%-12.4%-25.3%
11/9/202226.5%19.0%3.3%
8/15/2022-7.8%-27.2%-29.7%
5/12/2022-4.3%-10.2%-11.3%
3/24/2022-19.1%-20.8%-39.1%
11/9/2021-8.1%-5.4%-28.9%
8/10/202118.2%9.8%18.1%
5/11/2021-19.7%-16.1%29.9%
3/23/2021-11.5%-23.4%-18.1%
2/1/2021-7.4%0.7%-6.0%
11/13/2020-0.1%8.9%18.0%
SUMMARY STATS   
# Positive799
# Negative12109
Median Positive23.9%11.5%18.0%
Median Negative-7.3%-13.6%-25.3%
Max Positive42.5%73.0%74.5%
Max Negative-19.7%-27.2%-39.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/13/202610-Q
03/31/202605/14/202610-Q
12/31/202503/12/202610-K
09/30/202511/13/202510-Q
06/30/202508/06/202510-Q
03/31/202505/06/202510-Q
12/31/202403/25/202510-K
09/30/202411/07/202410-Q
06/30/202408/14/202410-Q
03/31/202405/08/202410-Q
12/31/202303/25/202410-K
09/30/202311/13/202310-Q
06/30/202308/14/202310-Q
03/31/202305/11/202310-Q
12/31/202203/31/202310-K
09/30/202211/10/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/13/202610-Q
03/31/202605/14/202610-Q
12/31/202503/12/202610-K
09/30/202511/13/202510-Q
06/30/202508/06/202510-Q
03/31/202505/06/202510-Q
12/31/202403/25/202510-K
09/30/202411/07/202410-Q
06/30/202408/14/202410-Q
03/31/202405/08/202410-Q
12/31/202303/25/202410-K
09/30/202311/13/202310-Q
06/30/202308/14/202310-Q
03/31/202305/11/202310-Q
12/31/202203/31/202310-K
09/30/202211/10/202210-Q
06/30/202208/15/202210-Q
03/31/202205/16/202210-Q
12/31/202103/31/202210-K
09/30/202111/12/202110-Q
06/30/202108/13/202110-Q
03/31/202105/12/202110-Q
12/31/201905/07/202110-K/A

Recent Forward Guidance

Updated 8/13/2026

Latest: Q2 2026 Earnings Reported 8/12/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q3 2026 Revenue38.00 Mil39.50 Mil41.00 Mil   
Q3 2026 Adjusted EBITDA6.00 Mil8.00 Mil10.00 Mil   
2026 Revenue77.00 Mil79.50 Mil82.00 Mil98.8% RaisedGuidance: 40.00 Mil for 2026
2026 Adjusted EBITDA18.00 Mil20.00 Mil22.00 Mil   

Prior: Q4 2025 Earnings Reported 3/11/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue38.00 Mil40.00 Mil42.00 Mil   
2026 Adjusted Free Cash Flow6.00 Mil7.50 Mil9.00 Mil   

Q3 2025 Earnings Reported 11/12/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q4 2025 Revenue18.00 Mil19.00 Mil20.00 Mil15.2% Higher NewActual: 16.50 Mil for Q3 2025
Q4 2025 Revenue Growth27.0%34.5%42.0%   
Q4 2025 Adjusted Free Cash Flow2.50 Mil3.00 Mil3.50 Mil   

Insider Activity

Updated 7/30/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Hayden, Phillip BradyChief Financial OfficerHeld by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.Sell61620262.5630,40077,885182,586Form
2Keeley, Patrick J DirectSell61620262.7031,55985,156508,495Form
3Stinchcomb, Clinton LarryPresident and CEODirectBuy60120262.7825,74471,4918,251,189Form
4Stinchcomb, Clinton LarryPresident and CEODirectBuy52920262.7494,256258,6388,082,496Form
5Stinchcomb, Clinton LarryPresident and CEODirectBuy52820262.6730,00080,0407,607,162Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Hayden, Phillip BradyChief Financial OfficerHeld by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.Sell61620262.5630,40077,885182,586Form
2Keeley, Patrick J DirectSell61620262.7031,55985,156508,495Form
3Stinchcomb, Clinton LarryPresident and CEODirectBuy60120262.7825,74471,4918,251,189Form
4Stinchcomb, Clinton LarryPresident and CEODirectBuy52920262.7494,256258,6388,082,496Form
5Stinchcomb, Clinton LarryPresident and CEODirectBuy52820262.6730,00080,0407,607,162Form
6Hayden, Phillip BradyChief Financial OfficerHeld by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.Sell10220263.7617,47465,662382,034Form
7Hayden, Phillip BradyChief Financial OfficerHeld by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.Sell121520254.592,0009,180546,857Form
8Cudahy, Theresa EllenCOO and SecretaryDirectSell121220254.985,76828,7022,532,187Form
9Stinchcomb, Clinton LarryPresident and CEODirectSell112520254.62100,000462,40011,180,823Form
10Stinchcomb, Clinton LarryPresident and CEODirectSell112420254.65141,206657,03211,716,245Form
11Stinchcomb, Clinton LarryPresident and CEODirectSell112420254.6012,87259,21112,232,338Form
12Stinchcomb, Clinton LarryPresident and CEODirectSell112420254.9263,674313,27613,146,614Form
13Huberman, Jonathan 211 LV LLCSell112420255.0014,11670,5806,050,845Form
14Cudahy, Theresa EllenCOO and SecretaryDirectSell112420254.9810,20050,8062,563,462Form
15Hayden, Phillip BradyChief Financial OfficerHeld by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.Sell111720254.501,3436,044545,134Form
16Cudahy, Theresa EllenCOO and SecretaryDirectSell111720254.985,55327,6482,613,218Form
17Huberman, Jonathan 211 LV LLCSell111720255.009,29146,4556,121,425Form
18Hayden, Phillip BradyChief Financial OfficerHeld by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.Sell111020253.8717,50867,70380,499Form
19Reed, Rebecca RGen CounselDirectSell111020254.064,55918,510108,702Form
20Huberman, Jonathan 211 LV LLCSell91220254.7550,000237,5005,859,486Form
21Huberman, Jonathan 211 LV LLCSell91220254.5025,000112,5005,776,092Form
22Huberman, Jonathan 211 LV LLCSell90920254.6125,000115,2376,031,881Form
23Huberman, Jonathan 211 LV LLCSell90420254.5525,000113,7686,068,704Form
24Huberman, Jonathan 211 LV LLCSell90420254.6015,80772,7506,252,710Form
25Hayden, Phillip BradyChief Financial OfficerHeld by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.Sell90220254.5616,14973,639174,762Form
26Hayden, Phillip BradyChief Financial OfficerHeld by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.Sell90220254.4135,578157,041240,448Form
27Huberman, Jonathan 211 LV LLCSell90220254.4940,057180,0166,176,477Form
28Huberman, Jonathan 211 LV LLCSell82720254.45964276,294,258Form
29Huberman, Jonathan 211 LV LLCSell82720254.4516,22572,2016,294,685Form
30Huberman, Jonathan 211 LV LLCSell82720254.452,81512,5276,366,886Form
31Reed, Rebecca RGen CounselDirectSell82120254.072731,111127,297Form
32Hendricks, John S Hendricks Factual Media LLCSell81820253.508,050,00028,175,00042,721,658Form
Core Cache Last Updated: 8/22/2026