03/31/2026
Groundbreaking in more ways than one! đ See our AI-animated business update featuring A.A. Milneâs Winnie the Pooh and more characters from the upcoming Hundred Acre Woodâs Winnie and Friends series. đ»đŻ
Kartoon Studios is transitioning from a multi-year investment phase to a multi-franchise monetization engine led by Hundred Acre Woodâs Winnie & Friends, the Stan Lee Universe, and Toon Media Networks.
2025 Business Updates: âïž
Revenue up 21% to $39.4M
Production Services revenue up 50% to $26.8M
Operating loss improved 24%
This is what it looks like when a company starts moving from buildout toward monetization.
The majority of our infrastructure and franchise investment is now substantially complete.
The next phase is about:
-reduced forward infrastructure investment
-increasing contribution from higher-margin revenue streams
-expected operating leverage as revenue scales
This is the transition investors have been waiting to see.
The owned distribution ecosystem is showing real momentum.
Kartoon Channel! reached all-time high subscribers.
Engagement increased 85% year-over-year in Q1 2026.
Ameba achieved record subscribers, with engagement up 206% year-over-year.
FAST channel watch time increased 70% year-over-year in Q4 2025.
This is exactly the kind of audience growth that can support future franchise launches.
Read more: https://ir.kartoonstudios.com/press-releases/detail/1277/kartoon-studios-provides-business-update
$TOON
