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Cineverse Corp. CNVS Current Income Tax Expense (Benefit)

Current Income Tax Expense (Benefit) at other companies

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Other financials

Income statement

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Revenue$26.0M+66.7%
Gross profit$13.8M
Operating income-$5.4M-353%
Net income-$875.0K-112%
EPS (diluted)-$0.05-115%

Balance sheet

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Cash & equivalents$3.4M-75.7%
Total debt$403.0K-12.8%
Total equity$44.3M+14.4%
Total assets$130.3M+79.7%

Cash flow

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Operating cash flow-$3.2M-126%
CapEx$267.3K-68.3%
Free cash flow-$2.9M-67.8%

Valuation

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Market cap$69.55M+3.4%
Enterprise value$66.56M+1.3%
P/S1.1×+0.2×

Profitability

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Gross margin98.5%
Operating margin-23.1%-33.2pp
Net margin-16.4%+0.2pp
FCF margin-23.7%+36.2pp

Returns & leverage

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Return on equity-23.9%-3.4pp
Debt / equity0.0×
Current ratio0.8×-0.3×

Where this comes from

Reported directly by Cineverse Corp. in its filing.

Tagged under the XBRL concept us-gaap:CurrentIncomeTaxExpenseBenefit.

The official record: Cineverse Corp.’s 10-K, filed June 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cineverse Corp.'s current income tax expense (benefit)?
Cineverse Corp. (CNVS) reported current income tax expense (benefit) of $15K in Q1 2026.
How has Cineverse Corp.'s current income tax expense (benefit) changed year-over-year?
Cineverse Corp.'s current income tax expense (benefit) decreased by 84.0% year-over-year, from $94K to $15K.
What does current income tax expense (benefit) mean?
The total current income tax expense or benefit recognized during the period, excluding deferred tax impacts. It represents the actual tax liability or refund expected for the current year based on taxable income. This metric is critical for assessing the company's immediate cash tax burden.