STRZ · Starz Entertainment Corp /Cn/
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 7, 2026TL;DR. Starz reported positive year-over-year OTT revenue growth, raised its 2026 Adjusted OIBDA growth outlook to mid-single-digits, and lifted its 2026 unlevered free cash flow outlook to the mid-to-upper end of the $80–$120 million range, while reiterating ~2.7x year-end leverage.
- + Returned to year-over-year OTT revenue growth in Q2 2026
- + Raised 2026 Adjusted OIBDA growth outlook from low- to mid-single-digits
- + Raised 2026 unlevered free cash flow outlook to mid-to-upper end of $80–$120M range
- + Launched new distribution partnership with Peacock covering 48M subscribers
- + Fightland premiered as Starz's second-best-rated new IP launch of all time
- − Recorded $147.2M restructuring charge from Universal pay-1 termination in Q2
- − Operating loss widened to $(175.5)M in Q2, largely due to the restructuring charge
- − Linear and other revenue declined 12.2% year-over-year to $86.6M on continued secular pressure
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted OIBDA non-GAAP | 195.2M | Trailing Twelve Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Operating loss -367.8M
+231M Depreciation and amortization
+304.7M Restructuring and other
+27.3M Adjusted share-based compensation expense
= Adjusted OIBDA 195.2M
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| Equity Free Cash Flow non-GAAP | -$33.4M | Second Quarter 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net cash provided by (used in) operating activities -28.2M
-5.2M Less: capital expenditures
= Equity Free Cash Flow -33.4M
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| Net debt non-GAAP | $565.5M | As of June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Debt 625.1M
-59.6M Less: cash and cash equivalents
= Net Corporate Debt 565.5M
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| Total Equity Free Cash Flow non-GAAP | -33.4M | Three Months Ended June 30, 2026 | — |
| Total Unlevered Free Cash Flow non-GAAP | -14.7M | Three Months Ended June 30, 2026 | — |
| Unlevered Free Cash Flow non-GAAP | -$14.7M | Second Quarter 2026 | — |
GAAP → non-GAAP reconciliationGAAP Total Equity Free Cash Flow -33.4M
+18.4M Plus: cash paid for interest
+0.3M Plus: cash paid for income taxes
= Unlevered Free Cash Flow -14.7M
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Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Entertainment — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
STRZ
this stock
Starz Entertainment Corp /Cn/
|
$360.81M | +98.7% | -1.6% | — | 3.0% |
|
NFLX
Netflix Inc
|
$296.24B | -28.5% | +15.9% | 22.4 | 2.3% |
|
DIS
Walt Disney Co
|
$176.19B | -10.2% | +3.4% | 21.1 | 1.1% |
|
WBD
Warner Bros. Discovery, Inc.
|
$77.48B | +7.4% | +53.5% | — | 2.4% |
|
LYV
Live Nation Entertainment, Inc.
|
$40.26B | +18.4% | +8.8% | — | 9.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| STRZ | +10.4% | -13.6% | +47.6% | -1.4% | +98.7% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | +10.6% | -13.2% | +35.4% | -2.3% | +85.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.