Lionsgate Studios advertising spend, FY2026

Lionsgate Studios (LION) reported $361M of advertising expense for the fiscal year ended Mar 31, 2026. That is 13.7% of revenue of $2.6B. Up 21.7% from FY2025.

Ad spend, FY2026
$361M
year ended Mar 31, 2026
Change vs prior year
+21.7%
vs FY2025
Share of revenue
13.7%
of $2.6B revenue
Rank by ad spend
#156
of 336 companies

Key facts

  • Ad spend is 1.8x its FY2023 level ($203M), faster than revenue (0.9x).
  • FY2026 is the highest year on file, going back to FY2023.
  • Largest increase +71.0% in FY2024; largest cut -14.8% in FY2025.
  • Lionsgate Studios spends more on advertising than 54% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 2.6x the median of 5.2%.

Ad spend by fiscal year

$0 $100M $200M $300M $400M FY2023 (ended 2023-03-31): $203M 2023 FY2024 (ended 2024-03-31): $348M 2024 FY2025 (ended 2025-03-31): $296M 2025 FY2026 (ended 2026-03-31): $361M 2026 $361M

Ad spend as % of revenue

0% 5% 10% 15% FY2023 (ended 2023-03-31): 6.6% 2023 FY2024 (ended 2024-03-31): 14.2% 2024 FY2025 (ended 2025-03-31): 11.5% 2025 FY2026 (ended 2026-03-31): 13.7% 2026 13.7%

History

Download CSV
Fiscal year Period end Ad spend YoY Revenue Ad / revenue Tag Filing
FY2026 Mar 31, 2026 $361M +21.7% $2.6B 13.7% AdvertisingExpense 10-K May 27, 2026
FY2025 Mar 31, 2025 $296M -14.8% $2.6B 11.5% AdvertisingExpense 10-K May 27, 2026
FY2024 Mar 31, 2024 $348M +71.0% $2.5B 14.2% AdvertisingExpense 10-K May 27, 2026
FY2023 Mar 31, 2023 $203M n/a $3.1B 6.6% AdvertisingExpense 10-K May 30, 2025

What the figure is

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Compared with similar spenders

The 6 companies closest to Lionsgate Studios in latest-year ad spend.

Rank Company Ad spend Ad / revenue YoY Fiscal year
152 Chipotle Mexican Grill $364M 3.1% +27.3% FY2025
153 Carvana $363M 1.8% +58.5% FY2025
154 Goodyear Tire & Rubber $362M 2.0% +10.7% FY2025
155 e.l.f. Beauty $361M 22.1% +28.3% FY2026
156 Lionsgate Studios $361M 13.7% +21.7% FY2026
157 PENN Entertainment $358M 5.1% -21.5% FY2025
158 Yum China $354M 3.0% +2.3% FY2025

Full ranking of 336 companies · Biggest increases #69

Questions

How much does Lionsgate Studios spend on advertising?

Lionsgate Studios spent $361M on advertising in fiscal 2026, the year ended Mar 31, 2026, according to its 10-K filed May 27, 2026.

What percentage of revenue does Lionsgate Studios spend on advertising?

13.7% of revenue in fiscal 2026 ($361M of $2.6B). The median across the 336 companies tracked is 5.2%.

Is Lionsgate Studios spending more on advertising?

Yes. Ad spend rose 21.7% in fiscal 2026 from fiscal 2025.

How does Lionsgate Studios rank by advertising spend?

#156 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.

What does Lionsgate Studios's advertising figure include?

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Source

Filing
10-K for FY2026, filed May 27, 2026
Accession number
0002052959-26-000049
Company
Lionsgate Studios Corp., CIK 2052959, SIC 7812 (Services-Motion Picture & Video Tape Production)
Data
SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
Cite
Lionsgate Studios advertising spend, FY2023-FY2026. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed May 27, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/lionsgate-studios/advertising-spend/
Download
CSV, all years · CSV, all 336 companies