# Kartoon Studios, Inc.: overview

TOON · NYSE · CIK 1355848 · [Communication](/sectors/communication.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/toon.md) · [Financials](/companies/toon/financials.md) · [Filings](/companies/toon/filings.md) · [Insiders](/companies/toon/insiders.md)

Latest reported revenue: [$5.8m](/filings/0001683168-26-006405.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 14, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001683168-26-006405).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [8.7](/filings/0001683168-25-008374.md) | [9.4 d](/filings/0001683168-26-002452.md) | [9.5](/filings/0001683168-26-003977.md) | [10.3](/filings/0001683168-26-006405.md) | [9.9](/filings/0001683168-25-008374.md) | [9.7 d](/filings/0001683168-26-002452.md) | [7.2](/filings/0001683168-26-003977.md) | [5.8](/filings/0001683168-26-006405.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(29.2%)](/filings/0001683168-25-008374.md) | [(37.1%) d](/filings/0001683168-26-002452.md) | [(32.4%)](/filings/0001683168-26-003977.md) | [(31.3%)](/filings/0001683168-26-006405.md) | [(29.3%)](/filings/0001683168-25-008374.md) | [(38.4%) d](/filings/0001683168-26-002452.md) | [(38.7%)](/filings/0001683168-26-003977.md) | [(58.6%)](/filings/0001683168-26-006405.md) |
| Net margin | % | [(23.6%)](/filings/0001683168-25-008374.md) | [(61.2%) d](/filings/0001683168-26-002452.md) | [(68.7%)](/filings/0001683168-26-003977.md) | [(60.0%)](/filings/0001683168-26-006405.md) | [(66.5%)](/filings/0001683168-25-008374.md) | [(54.4%) d](/filings/0001683168-26-002452.md) | [(87.9%)](/filings/0001683168-26-003977.md) | [463.6%](/filings/0001683168-26-006405.md) |
| Diluted EPS | $ per share | [(0.05)](/filings/0001683168-25-008374.md) | not reported | [(0.14)](/filings/0001683168-26-003977.md) | [(0.13)](/filings/0001683168-26-006405.md) | [(0.14)](/filings/0001683168-25-008374.md) | not reported | [(0.10)](/filings/0001683168-26-003977.md) | [0.38](/filings/0001683168-26-006405.md) |
| Free cash flow | $m | [1.5 d](/filings/0001683168-25-008374.md) | [(2.4) d](/filings/0001683168-26-002452.md) | [(1.8)](/filings/0001683168-26-003977.md) | [(4.5) d](/filings/0001683168-26-006405.md) | [(5.5) d](/filings/0001683168-25-008374.md) | [0.3 d](/filings/0001683168-26-002452.md) | [(2.9)](/filings/0001683168-26-003977.md) | [34.2 d](/filings/0001683168-26-006405.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [7.9](/filings/0001355848-23-000011.md) | [62.3](/filings/0001355848-24-000052.md) | [44.1](/filings/0001683168-25-002049.md) | [32.6](/filings/0001683168-26-002452.md) | [39.4](/filings/0001683168-26-002452.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(809.8%)](/filings/0001355848-23-000011.md) | [(70.2%)](/filings/0001355848-24-000052.md) | [(164.2%)](/filings/0001683168-25-002049.md) | [(52.1%)](/filings/0001683168-26-002452.md) | [(32.8%)](/filings/0001683168-26-002452.md) |
| Net margin | % | [(1604.1%)](/filings/0001355848-23-000011.md) | [(73.2%)](/filings/0001355848-24-000052.md) | [(174.9%)](/filings/0001683168-25-002049.md) | [(63.6%)](/filings/0001683168-26-002452.md) | [(62.3%)](/filings/0001683168-26-002452.md) |
| Diluted EPS | $ per share | [(4.24)](/filings/0001355848-23-000011.md) | [(1.45)](/filings/0001355848-24-000052.md) | [(2.29)](/filings/0001683168-25-002049.md) | [(0.54)](/filings/0001683168-26-002452.md) | [(0.49)](/filings/0001683168-26-002452.md) |
| Free cash flow | $m | [(24.1)](/filings/0001355848-23-000011.md) | [(26.5)](/filings/0001355848-24-000052.md) | [(16.2)](/filings/0001683168-25-002049.md) | [(3.6)](/filings/0001683168-26-002452.md) | [(11.6)](/filings/0001683168-26-002452.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/toon/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Anson Funds Management LP](/funds/1491072.md) | 2026-06-30 | $3.7m | 5,198,384 |  | Unchanged |
| [Clear Street Group Inc.](/funds/1881567.md) | 2026-06-30 | $2.5m | 3,550,631 |  | Added +3,514,702 |
| [NOMURA HOLDINGS INC](/funds/1163653.md) | 2026-06-30 | $2.1m | 2,982,127 |  | Reduced −304,537 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.6m | 2,297,352 |  | Added +709,837 |
| [Hudson Bay Capital Management LP](/funds/1393825.md) | 2026-06-30 | $710.0k | 1,000,000 |  | Unchanged |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $419.1k | 590,273 |  | Added +577,225 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $382.2k | 538,377 |  | Reduced −80,000 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $365.8k | 515,066 |  | Reduced −137,292 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $306.8k | 432,179 |  | Added +2,784 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $224.7k | 316,482 |  | Added +2,070 |

## Recent filings

[All 938 filings](/companies/toon/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-27 | 16:30 ET | [8-K](/filings/0001683168-26-008120.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001683168-26-008120 |
| 2026-10-20 | 08:30 ET | [8-K](/filings/0001683168-26-007968.md) | 8.01 Other events | 0001683168-26-007968 |
| 2026-09-04 | 16:00 ET | [DEF 14A](/filings/0001683168-26-006962.md) | Proxy statement, period 2026-10-21 | 0001683168-26-006962 |
| 2026-08-14 | 09:05 ET | [8-K](/filings/0001683168-26-006406.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001683168-26-006406 |
| 2026-08-14 | 09:01 ET | [10-Q](/filings/0001683168-26-006405.md) | Quarterly report, period 2026-06-30 | 0001683168-26-006405 |
| 2026-08-12 | 08:45 ET | [8-K](/filings/0001683168-26-006230.md) | 8.01 Other events | 0001683168-26-006230 |
| 2026-08-06 | 17:20 ET | [8-K](/filings/0001683168-26-006067.md) | 8.01 Other events | 0001683168-26-006067 |
| 2026-07-17 | 09:05 ET | [8-K](/filings/0001683168-26-005589.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001683168-26-005589 |
| 2026-07-06 | 09:13 ET | [8-K/A](/filings/0001683168-26-005292.md) | 1.01 Entry into a material agreement | 0001683168-26-005292 |
| 2026-07-02 | 16:15 ET | [8-K](/filings/0001683168-26-005250.md) | 3.03 Change to security holders’ rights; 5.02 Departure or appointment of officers or directors; 5.03 Amendment to articles or bylaws; 9.01 Financial statements and exhibits | 0001683168-26-005250 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001683168-26-002452.md), filed Mar 31, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/5b4bc572-4ebe-42d1-abee-5190b8948bf1)

## About the filer

- CIK: 1355848
- Tickers: TOON
- Exchange: NYSE
- SIC code: 7812 Services-Motion Picture & Video Tape Production
- State of incorporation: NV
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 16:32 ET. No prices; not investment advice.
