← Back to All US Stocks

Kartoon Studios, Inc. (TOON) Fundamental Analysis & AI Grade 2026

TOON NYSE Services-Motion Picture & Video Tape Production NV CIK: 0001355848
Updated This Month • Analysis: May 23, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
92% Confidence
N/A
D
92% Conf
Pending
Analysis scheduled

📊 TOON Key Takeaways

Revenue: $7.2M
Net Margin: -87.9%
Free Cash Flow: $-2.9M
Current Ratio: 0.98x
Debt/Equity: 0.00x
EPS: $-0.10
AI Grade: D with 92% confidence
Kartoon Studios, Inc. (TOON) receives a D fundamental grade with 92% confidence from our AI analysis based on SEC 10-K filings. With revenue of $7.2M, net profit margin of -87.9%, and return on equity (ROE) of -29.9%, Kartoon Studios, Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete TOON stock analysis for 2026.

Is Kartoon Studios, Inc. (TOON) a Good Investment?

Claude

Kartoon Studios is fundamentally distressed with $6.4M net losses on only $7.2M revenue (-87.9% net margin), burning $2.9M in operating cash annually with no growth. Liquidity is strained (0.98x current ratio) and the company is destroying shareholder value (ROE -29.9%) while depleting a modest $5M cash reserve at unsustainable rates.

Kartoon Studios, Inc. Key Strengths (TOON)

Claude
  • + Zero long-term debt eliminates refinancing risk and provides financial flexibility
  • + Positive gross profit of $554.2K demonstrates some revenue-to-profit conversion capability
  • + Modest sequential improvement in net loss (0.7% YoY) and EPS (-9.3% YoY improvement)

TOON Stock Risks: Kartoon Studios, Inc. Investment Risks

Claude
  • ! Severe operating losses with -38.7% operating margin indicating structural business model problems
  • ! Negative free cash flow of -$2.9M annually depleting cash reserves; $5M balance insufficient at current burn rate
  • ! Liquidity crisis emerging with current ratio of 0.98x indicating current liabilities exceed current assets
  • ! Stagnant revenue growth of 0% YoY with no evidence of recovery or scaling capability
  • ! Deeply negative returns (ROE -29.9%, ROA -10.0%) destroying all shareholder capital

Key Metrics to Watch

Claude
  • * Operating cash flow trend and monthly cash burn rate to estimate runway
  • * Revenue growth rate and gross margin expansion; requires minimum positive operating margin path
  • * Current ratio and working capital position; watch for covenant violations or liquidity events

Kartoon Studios, Inc. (TOON) Financial Metrics & Key Ratios

Revenue
$7.2M
Net Income
$-6.4M
EPS (Diluted)
$-0.10
Free Cash Flow
$-2.9M
Total Assets
$63.6M
Cash Position
$5.0M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

TOON Profit Margin, ROE & Profitability Analysis

Gross Margin 7.7%
Operating Margin -38.7%
Net Margin -87.9%
ROE -29.9%
ROA -10.0%
FCF Margin -39.9%

TOON vs Services Sector: How Kartoon Studios, Inc. Compares

How Kartoon Studios, Inc. compares to Services sector averages

Net Margin
TOON -87.9%
vs
Sector Avg 10.0%
TOON Sector
ROE
TOON -29.9%
vs
Sector Avg 16.0%
TOON Sector
Current Ratio
TOON 1.0x
vs
Sector Avg 1.5x
TOON Sector
Debt/Equity
TOON 0.0x
vs
Sector Avg 0.7x
TOON Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Kartoon Studios, Inc. Stock Overvalued? TOON Valuation Analysis 2026

Based on fundamental analysis, Kartoon Studios, Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
-29.9%
Sector avg: 16%
Net Profit Margin
-87.9%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Kartoon Studios, Inc. Balance Sheet: TOON Debt, Cash & Liquidity

Current Ratio
0.98x
Quick Ratio
0.98x
Debt/Equity
0.00x
Debt/Assets
64.5%
Interest Coverage
-12.03x
Long-term Debt
$0.0

TOON Revenue & Earnings Growth: 5-Year Financial Trend

TOON 5-year financial data: Year 2022: Revenue $62.3M, Net Income -$126.3M, EPS $-4.24. Year 2023: Revenue $62.3M, Net Income -$45.6M, EPS $-1.45. Year 2024: Revenue $44.1M, Net Income -$77.1M, EPS $-2.29. Year 2025: Revenue $39.4M, Net Income -$20.7M, EPS $-0.54.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Kartoon Studios, Inc.'s revenue has declined by 37% over the 5-year period, indicating business contraction. The most recent EPS of $-0.54 indicates the company is currently unprofitable.

TOON Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-39.9%
Free cash flow / Revenue

TOON Quarterly Earnings & Performance

Quarterly financial performance data for Kartoon Studios, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $7.2M -$6.4M $-0.10
Q3 2025 $8.7M -$2.1M $-0.05
Q2 2025 $8.4M -$5.9M $-0.13
Q1 2025 $6.1M -$6.5M $-0.14
Q3 2024 $8.7M -$2.1M $-0.05
Q2 2024 $8.4M -$5.9M $-0.15
Q1 2024 $6.1M -$7.0M $-0.20
Q3 2023 $10.1M -$11.2M $-0.35

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Kartoon Studios, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.9M
Cash generated from operations
Capital Expenditures
$33.0K
Investment in assets
Dividends
None
No dividend program

TOON SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Kartoon Studios, Inc. (CIK: 0001355848)

📋 Recent SEC Filings

Date Form Document Action
May 15, 2026 8-K toon_8k.htm View →
May 15, 2026 10-Q kartoon_i10q-033126.htm View →
Apr 24, 2026 8-K toon_8k.htm View →
Mar 31, 2026 8-K kartoon_8k.htm View →
Mar 31, 2026 10-K kartoon_i10k-123125.htm View →

Frequently Asked Questions about TOON

What is the AI rating for TOON?

Kartoon Studios, Inc. (TOON) has an AI grade of D with 92% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TOON's key strengths?

Claude: Zero long-term debt eliminates refinancing risk and provides financial flexibility. Positive gross profit of $554.2K demonstrates some revenue-to-profit conversion capability.

What are the risks of investing in TOON?

Claude: Severe operating losses with -38.7% operating margin indicating structural business model problems. Negative free cash flow of -$2.9M annually depleting cash reserves; $5M balance insufficient at current burn rate.

What is TOON's revenue and growth?

Kartoon Studios, Inc. reported revenue of $7.2M.

Does TOON pay dividends?

Kartoon Studios, Inc. does not currently pay dividends.

Where can I find TOON SEC filings?

Official SEC filings for Kartoon Studios, Inc. (CIK: 0001355848) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TOON's EPS?

Kartoon Studios, Inc. has a diluted EPS of $-0.10.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is TOON's fundamental grade?

Based on our AI fundamental analysis in June 2026, Kartoon Studios, Inc. has a D grade with 92% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is TOON stock overvalued or undervalued?

Valuation metrics for TOON: ROE of -29.9% (sector avg: 16%), net margin of -87.9% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is TOON's AI grade for 2026?

Our dual AI analysis gives Kartoon Studios, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TOON's free cash flow?

Kartoon Studios, Inc.'s operating cash flow is $-2.9M, with capital expenditures of $33.0K. FCF margin is -39.9%.

How does TOON compare to other Services stocks?

Vs Services sector averages: Net margin -87.9% (avg: 10%), ROE -29.9% (avg: 16%), current ratio 0.98 (avg: 1.5).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% DECK 87% NVDA 87%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 23, 2026 | Data as of: 2026-03-31 | Powered by Claude AI