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Cineverse Corp. (CNVS) Fundamental Analysis & AI Grade 2026

CNVS Nasdaq Services-Video Tape Rental DE CIK: 0001173204
Recently Updated • Analysis: Aug 2, 2026 • SEC Data: 2026-03-31
📅 Next earnings: Aug 13, 2026 (in 11 days) • TBD ET • All earnings →
Combined AI Grade
C
89% Confidence
AGREEMENT
D
95% Conf
C
83% Conf

📊 CNVS Key Takeaways

Revenue: $65.7M
Net Margin: -13.2%
Free Cash Flow: $-27.6M
Current Ratio: 0.81x
Debt/Equity: 0.07x
EPS: $-0.49
AI Grade: D with 95% confidence
Cineverse Corp. (CNVS) receives a C fundamental grade with 89% confidence from our AI analysis based on SEC 10-K filings. With revenue of $65.7M, net profit margin of -13.2%, and return on equity (ROE) of -19.5%, Cineverse Corp. demonstrates mixed fundamentals in the Services sector. Below is our complete CNVS stock analysis for 2026.

Is Cineverse Corp. (CNVS) a Good Investment?

Claude

Cineverse is in financial distress with persistent operating losses, zero revenue growth, and severe negative cash flows that are rapidly depleting a critically low cash balance of $3.4M. The company is burning $26.5M annually in operating cash while generating zero revenue growth, making current operational sustainability highly questionable. Operating in a structurally declining video tape rental sector with negative margins across all profitability measures compounds the fundamental business deterioration.

ChatGPT

Cineverse's fundamentals are weak: revenue is flat, operating losses remain large, and operating cash flow is deeply negative, which points to poor earnings quality despite a much smaller net loss. The balance sheet is not heavily levered, but weak liquidity and sustained cash burn materially limit financial flexibility unless profitability and cash generation improve.

Cineverse Corp. Key Strengths (CNVS)

Claude
  • + Low leverage with modest debt-to-equity ratio of 0.07x
  • + Positive stockholders' equity of $44.3M provides some asset backing
  • + Established asset base of $130.3M available for potential restructuring
ChatGPT
  • + Low leverage with debt-to-equity of 0.08x and only $3.03M of long-term debt
  • + Positive equity base of $38.57M provides some balance-sheet support
  • + Net loss narrowed year over year, indicating some bottom-line improvement

CNVS Stock Risks: Cineverse Corp. Investment Risks

Claude
  • ! Critical liquidity crisis: current ratio of 0.81x with only $3.4M cash against $26.5M annual operating cash burn
  • ! Structural profitability failure: -23.1% operating margin and -13.2% net margin with no sign of improvement
  • ! Zero revenue growth with persistent large operating losses indicates business model failure in obsolete video rental sector
  • ! Negative operating cash flow of -26.5M indicates operational cash generation is impossible at current scale
  • ! EPS deteriorated -406.2% YoY, signaling worsening conditions and shareholder value destruction
ChatGPT
  • ! Operating margin of -24.6% shows the core business is still significantly unprofitable
  • ! Free cash flow of -$24.38M and operating cash flow of -$23.31M indicate severe cash burn
  • ! Current ratio of 0.95x suggests tight near-term liquidity and limited cushion

Key Metrics to Watch

Claude
  • * Monthly cash burn rate and cash runway (critical for solvency assessment)
  • * Operating cash flow trend (must become positive or company faces insolvency)
  • * Revenue stabilization and path to profitability (currently flat with massive operating losses)
  • * Debt covenant compliance and refinancing capacity
ChatGPT
  • * Operating cash flow and free cash flow trend
  • * Revenue growth and operating margin improvement

Cineverse Corp. (CNVS) Financial Metrics & Key Ratios

Revenue
$65.7M
Net Income
$-8.7M
EPS (Diluted)
$-0.49
Free Cash Flow
$-27.6M
Total Assets
$130.3M
Cash Position
$3.4M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

CNVS Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -23.1%
Net Margin -13.2%
ROE -19.5%
ROA -6.6%
FCF Margin -41.9%

CNVS vs Services Sector: How Cineverse Corp. Compares

How Cineverse Corp. compares to Services sector averages

Net Margin
CNVS -13.2%
vs
Sector Avg 10.0%
CNVS Sector
ROE
CNVS -19.5%
vs
Sector Avg 16.0%
CNVS Sector
Current Ratio
CNVS 0.8x
vs
Sector Avg 1.5x
CNVS Sector
Debt/Equity
CNVS 0.1x
vs
Sector Avg 0.7x
CNVS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Cineverse Corp. Stock Overvalued? CNVS Valuation Analysis 2026

Based on fundamental analysis, Cineverse Corp. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
-19.5%
Sector avg: 16%
Net Profit Margin
-13.2%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.07x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Cineverse Corp. Balance Sheet: CNVS Debt, Cash & Liquidity

Current Ratio
0.81x
Quick Ratio
0.80x
Debt/Equity
0.07x
Debt/Assets
66.7%
Interest Coverage
-3.47x
Long-term Debt
$3.0M

CNVS Revenue & Earnings Growth: 5-Year Financial Trend

CNVS 5-year financial data: Year 2021: Revenue $1.4M, Net Income N/A, EPS N/A. Year 2023: Revenue $68.0M, Net Income $2.3M, EPS $0.20. Year 2024: Revenue $68.0M, Net Income -$9.7M, EPS $-1.13. Year 2025: Revenue $78.2M, Net Income -$21.3M, EPS $-1.78. Year 2026: Revenue $78.2M, Net Income $3.8M, EPS $0.16.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Cineverse Corp.'s revenue has grown significantly by 5,484% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.16 reflects profitable operations.

CNVS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-41.9%
Free cash flow / Revenue

CNVS Quarterly Earnings & Performance

Quarterly financial performance data for Cineverse Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $16.3M -$875.0K $-0.05
Q2 2026 $12.4M -$1.2M $-0.09
Q1 2026 $9.1M -$3.1M $-0.20
Q3 2025 $13.3M -$317.0K $0.12
Q2 2025 $12.7M -$317.0K $-0.04
Q1 2025 $9.1M -$3.1M $-0.20
Q3 2024 $13.3M -$317.0K $-0.22
Q2 2024 $13.0M -$317.0K $-0.04

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Cineverse Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$26.5M
Cash generated from operations
Capital Expenditures
$1.1M
Investment in assets
Dividends
None
No dividend program

CNVS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Cineverse Corp. (CIK: 0001173204)

📋 Recent SEC Filings

Date Form Document Action
Jun 26, 2026 10-K cnvs-20260331.htm View →
Jun 26, 2026 8-K cnvs-20260626.htm View →
May 28, 2026 8-K cnvs-20260528.htm View →
May 5, 2026 4 xslF345X06/ownership.xml View →
May 5, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about CNVS

What is the AI rating for CNVS?

Cineverse Corp. (CNVS) has a Combined AI Grade of C from Claude (D) and ChatGPT (C) with 89% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CNVS's key strengths?

Claude: Low leverage with modest debt-to-equity ratio of 0.07x. Positive stockholders' equity of $44.3M provides some asset backing. ChatGPT: Low leverage with debt-to-equity of 0.08x and only $3.03M of long-term debt. Positive equity base of $38.57M provides some balance-sheet support.

What are the risks of investing in CNVS?

Claude: Critical liquidity crisis: current ratio of 0.81x with only $3.4M cash against $26.5M annual operating cash burn. Structural profitability failure: -23.1% operating margin and -13.2% net margin with no sign of improvement. ChatGPT: Operating margin of -24.6% shows the core business is still significantly unprofitable. Free cash flow of -$24.38M and operating cash flow of -$23.31M indicate severe cash burn.

What is CNVS's revenue and growth?

Cineverse Corp. reported revenue of $65.7M.

Does CNVS pay dividends?

Cineverse Corp. does not currently pay dividends.

Where can I find CNVS SEC filings?

Official SEC filings for Cineverse Corp. (CIK: 0001173204) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CNVS's EPS?

Cineverse Corp. has a diluted EPS of $-0.49.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is CNVS's fundamental grade?

Based on our AI fundamental analysis in August 2026, Cineverse Corp. has a C grade with 89% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is CNVS stock overvalued or undervalued?

Valuation metrics for CNVS: ROE of -19.5% (sector avg: 16%), net margin of -13.2% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is CNVS's AI grade for 2026?

Our dual AI analysis gives Cineverse Corp. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CNVS's free cash flow?

Cineverse Corp.'s operating cash flow is $-26.5M, with capital expenditures of $1.1M. FCF margin is -41.9%.

How does CNVS compare to other Services stocks?

Vs Services sector averages: Net margin -13.2% (avg: 10%), ROE -19.5% (avg: 16%), current ratio 0.81 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Aug 2, 2026 | Data as of: 2026-03-31 | Powered by Claude AI