WildBrain Q3 2026 Earnings Report

WildBrain reported its Q3 2026 financial results, highlighting a 16% decrease in revenue from continuing operations to $61.2 million, but a 38% increase in Adjusted EBITDA from continuing operations to $5.8 million. The net loss from continuing operations was $19.9 million. A significant event was the completed sale of WildBrain's interest in Peanuts Holdings on March 2nd, which eliminated the Senior Secured Credit Facility and substantially improved the company's financial flexibility. Following the quarter, WildBrain initiated a normal course issuer bid share buyback program, repurchasing and cancelling 358,600 common shares for $542,310. Global Licensing revenue, driven by brands like Strawberry Shortcake and Teletubbies, grew 35% year-over-year, while Content Creation and Audience Engagement revenue decreased. WildBrain has paused its Fiscal 2026 guidance to focus on a transformational agenda, including investments in structural reorganization and automation, with benefits expected in calendar 2027 and beyond.