WildBrain Q2 discontinued operations revenue rises 83% to USD 131.8 million

Reuters
Yesterday
WildBrain <a href="https://laohu8.com/S/QTWO">Q2</a> discontinued operations revenue rises 83% to USD 131.8 million

WildBrain Ltd. reported its second quarter (Q2) 2026 results for the period ended December 31, 2025. Revenue from continuing operations reached USD 72.4 million, representing an 11% increase year over year. Adjusted EBITDA attributable to WildBrain from continuing operations was USD 14.9 million, up 30% year over year. Net loss attributable to shareholders from continuing operations was USD 20.1 million for the quarter. Revenue from discontinued operations was USD 131.8 million, an 83% increase year over year, primarily driven by recognition of the Peanuts library renewal deal with Apple TV. Adjusted EBITDA attributable to WildBrain from discontinued operations was USD 22.6 million, up 54% year over year. Operationally, WildBrain announced an agreement in December 2025 to sell its 41% stake in Peanuts, with the majority of proceeds to be used for full debt repayment, leaving over USD 40 million in cash surplus. The company also highlighted the greenlighting of a second season for its Netflix show, Finding Her Edge, and the launch of Season 2 of Yo Gabba GabbaLand! on Apple TV. WildBrain continues to focus on global licensing, with a 24% year-over-year increase in that segment's revenue, and is undergoing a transition to a more focused, scalable, and capital-efficient business model. The company expects the closing of the Peanuts transaction to significantly strengthen its balance sheet and enhance capital flexibility.

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