Kartoon Studios reported its financial results for the second quarter of 2025 on August 14, 2025, marking its fifth consecutive quarter of revenue growth. Total revenues for the three months ended June 30, 2025, surged to $10.28 million, representing a 23% increase year-over-year from $8.38 million in Q2 2024.
The company demonstrated continued operational efficiency, with General and Administrative (G&A) expenses falling 10% year-over-year and operating loss improving by 31% year-over-year. These cost controls, alongside revenue growth, are accelerating the company's path to sustained profitability by year-end 2025.
Kartoon Channel! maintained its position as the #1 rated kids’ streaming app in the Apple App Store, with FAST (Free Ad-Supported Streaming Television) channel watch time jumping 221% year-over-year. Its SVOD service also experienced growth for the seventh consecutive month and received Amazon’s Operational Excellence Award.
Mainframe Studios, a key revenue driver, saw its revenue climb 44% year-over-year in Q2 2025. The studio's current slate includes marquee titles such as 'SuperKitties' for Disney Channel, 'Unicorn Academy' for Netflix, and 'Barbie' for Mattel/Netflix, underscoring its strong production capabilities.
The company's IP pipeline is set for major launches in the second half of 2025, including the first showing of 'Hundred Acre Wood/Winnie & Friends' scheduled for December 24, 2025. 'Stan Lee’s The Excelsiors' is also slated for a graphic novel release in Q4 2025, with TV and audio development underway.
Kartoon Studios reported zero long-term debt and emphasized its focus on opportunities to drive long-term shareholder value, including recent share repurchase activity. Management expressed confidence in advancing toward profitability by year-end, broadening monetization across licensing, streaming, advertising, and digital platforms.
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