What is the 13F Pro Quality Score for TOON?

13F Pro ranks Kartoon Studios, Inc. (TOON) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View TOON's current score at https://13fpro.ai/company/TOON (free sign-up required for the full ranking).

Which hedge funds own the most TOON stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of TOON include Anson Funds Management, Clear Street Group, NOMURA HOLDINGS. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/TOON as soon as new 13F filings post.

Where does 13F Pro source TOON data?

All Kartoon Studios, Inc. fundamentals and ownership data come directly from SEC EDGAR. Kartoon Studios, Inc. files with the SEC under CIK 1355848. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is TOON in?

Kartoon Studios, Inc. (TOON) is classified in the Communication Services sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/communication-services.

What drives TOON's revenue?

Per Kartoon Studios, Inc.'s latest 10-Q filed with the SEC on 2026-08-14, the biggest revenue drivers are: Production Services ($3.5M, -53% YoY); Content Distribution ($1.9M, -7% YoY); Media Advisory and Advertising Services ($0.4M, -47% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/TOON.

What are TOON's largest expenses?

Kartoon Studios, Inc.'s latest 10-Q reports these as the largest expense items: Direct Operating Costs ($4.6M, -35% YoY); General and Administrative ($4.5M, -28% YoY); Marketing and Sales ($0.1M, -17% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is TOON research updated on 13F Pro?

TOON's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Kartoon Studios, Inc.(TOON)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Communication Services →NYSEsmall

Institutional-grade research for retail investors

SEC EDGAR: CIK 1355848 TOON stock profile & AI dashboard →

13F Pro Quality Score

59.4/100

Rank #937 of 2,962 stocksTOP 50%

View Communication Services peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

14.5/100

Profitability

90.1/100

Balance Sheet

86.8/100

Earnings Quality

73.7/100

Free Cash Flow

99.1/100

Institutional Flow

69.1/100

Revenue Scale

5.8/100

Dilution Risk

62.0/100

Email me the moment this company reports earnings

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Why TOON Scores 59/100

exact factor attribution · 2026-09-11

TOON's composite is driven by free cash flow and profitability, held back by revenue growth and scale. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Free cash flow

+7.4 pts

99th pct

Profitability

+6.0 pts

90th pct

Capital efficiency

+3.7 pts

87th pct

Earnings quality

+2.4 pts

74th pct

Earnings growth

+2.1 pts

93th pct

Institutional flow

+0.9 pts

69th pct

Shareholder dilution

+0.6 pts

62th pct

Scale

-6.6 pts

6th pct

Revenue growth

-7.1 pts

15th pct

Latest change (2026-08-14): 19 → 20 · ↑ Revenue growth 15→24

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

TOON Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Kartoon Studios, Inc. (TOON), a Communication Services sector company. 13F Pro's AI-powered ranking engine scores TOON at 59.4/100 on a 32-signal composite quality model, placing it at rank #937 of 2,962 stocks — the top half of the AI-ranked universe. TOON scores in the top quartile across free cash flow (99.1), profitability (90.1), balance sheet strength (86.8). Areas of concern include revenue scale (5.8) and revenue growth (14.5), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Kartoon Studios, Inc. reports quarterly revenue of $5.8M, net income of $27.0M, free cash flow of $34.2M. Top institutional holders of TOON by reported 13-F value include Anson Funds Management, Clear Street Group, NOMURA, based on the most recent SEC filings. TOON trades on the NYSE exchange and files with the SEC under CIK 1355848. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TOON daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Kartoon Studios, Inc. directly from SEC EDGAR. Kartoon Studios, Inc.'s 13F Pro composite quality score has ranged between 10 and 60 since 2023, currently 59.4 — an improving long-term trajectory across 58 quarterly and live scoring snapshots.

✦

Fun facts about Kartoon Studios, Inc.

Quirks, history, and lore behind TOON — the kind of stuff that makes a stock memorable.

1
The Basics
A small-cap U.S. entertainment company listed on NYSE American, headquartered in Los Angeles, California, focused on content for kids and families.
2
The Numbers
Annual revenue in the range of tens of millions of dollars — a micro-player in a giant industry, with a market cap that keeps value investors looking elsewhere.
3
The History
The company has roots in comic-book and superhero licensing, and evolved through acquisitions to become a children's media and animation studio in the 2020s.
4
The Secret
It controls a portfolio of animated characters and brands targeting young audiences, distributed across streaming platforms, linear TV, and digital channels worldwide.
5
The Lore
The company acquired Wow! Unlimited Media and has ties to Stan Lee's creative legacy through its work developing superhero-themed children's content.
6
The Giveaway
Its ticker is literally a sound effect — TOON — and its name tells you exactly what it makes: kartoons, just spelled for the stock market.

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What's Driving TOON's Business? Latest 10-Q Breakdown

✓ 19/19 datapoints verified

AI-extracted from Kartoon Studios, Inc.'s 10-Q filed 2026-08-14 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q2 revenue of $5.8M declined 43% YoY driven by production timing shifts; net income of $27.0M reflects non-operating $39.2M Section 16(b) litigation settlement, masking underlying operational losses.

Biggest Revenue Drivers

Production Services$3.5M-53% YoY

Revenue decline primarily due to timing of production deliveries at Mainframe Studios, with several projects shifting from Q1 into later periods in 2026.

Content Distribution$1.9M-7% YoY

Decrease in Frederator's creator network revenue from YouTube driven by overall less viewership, partially offset by Mainframe content distribution and Ameba/Kartoon Channel increases.

Biggest Revenue Drivers

Total revenue: $5.8M-43% YoY

Production Services$3.5M-53% YoY

Revenue decline primarily due to timing of production deliveries at Mainframe Studios, with several projects shifting from Q1 into later periods in 2026.

Content Distribution$1.9M-7% YoY

Decrease in Frederator's creator network revenue from YouTube driven by overall less viewership, partially offset by Mainframe content distribution and Ameba/Kartoon Channel increases.

Media Advisory and Advertising Services$0.4M-47% YoY

Reduced number of customer accounts in the period compared to the prior period.

Licensing and Royalties$0.1M-29% YoY

Timing differences in revenue recognition from existing license deals.

Largest Expense Items

Direct Operating Costs$4.6M-35% YoY

Lower salary costs driven by reduced headcount in Production Services and decreased Frederator Networks direct costs.

General and Administrative$4.5M-28% YoY

Decrease in salaries/wages, professional fees, and administrative costs, partially offset by increased share-based compensation.

Marketing and Sales$0.1M-17% YoY

Largely consistent period-over-period reflecting no significant changes in corporate awareness or advertising activities.

Margins: Operating loss of $3.4M on $5.8M revenue reflects negative operating margins of approximately -59%. The filing indicates operational losses persist despite revenue generation; underlying margins are obscured by the non-recurring $39.2M litigation settlement gain included in net income.

Watch Items from the Filing

Three customers represent 47.1%, 15.3%, and 11.8% of Q2 revenue (74.2% combined); significant customer concentration risk with loss of major customer potentially materially adverse.
Production Services revenue declined 53% YoY due to timing of project deliveries; deferred recognition under percentage-of-completion method creates revenue volatility.
Company received $39.2M Section 16(b) litigation settlement in June 2026 (net of escrow); non-recurring, non-operating item masking underlying operational losses of $3.4M in Q2.
Adopted stockholder rights plan with 10% pill trigger and classified board on July 1, 2026, plus standstill agreement with Anson parties ($4.0M payment through June 2027), potentially limiting shareholder activism.
Frederator Networks sold July 8, 2026 for $0.5M base price; expected $0.3M loss; retained key IP (Bee & PuppyCat, Castlevania); three-year channel distribution agreement provides declining revenue share.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$5.8M

Net Income

Q2 2026

$27.0M

Free Cash Flow

Q2 2026

$34.2M

ROIC

Q2 2026

-26.0%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+20.7% YoY

$39.4MFY 2025

FY22 $62.3MFY23 $44.1MFY24 $32.6MFY25 $39.4M

Net Income

-18.3% YoY

$-24.5MFY 2025

FY22 $-45.6MFY23 $-77.1MFY24 $-20.7MFY25 $-24.5M

Operating Income

+24.0% YoY

$-12.9MFY 2025

FY22 $-43.7MFY23 $-72.4MFY24 $-17.0MFY25 $-12.9M

EPS (Diluted)

+9.3% YoY

$-0.49FY 2025

FY22 $-1.45FY23 $-2.29FY24 $-0.54FY25 $-0.49

Total Assets

-17.0% YoY

$70.9MFY 2025

FY22 $237.9MFY23 $111.4MFY24 $85.5MFY25 $70.9M

Op. Cash Flow

-226.9% YoY

$-11.4MFY 2025

FY22 $-25.9MFY23 $-16.1MFY24 $-3.5MFY25 $-11.4M

Free Cash Flow

-220.5% YoY

$-11.6MFY 2025

FY22 $-26.5MFY23 $-16.2MFY24 $-3.6MFY25 $-11.6M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$39.4M +20.7%	$32.6M -26.1%	$44.1M -29.2%	$62.3M +691.3%	$7.9M +217.1%	$2.5M
Net Income	$-24.5M -18.3%	$-20.7M +73.1%	$-77.1M -69.1%	$-45.6M +63.9%	$-126.3M +68.6%	$-401.7M
Operating Income	$-12.9M +24.0%	$-17.0M +76.5%	$-72.4M -65.5%	$-43.7M +31.4%	$-63.8M -256.5%	$-17.9M
EPS (Diluted)	$-0.49 +9.3%	$-0.54 +76.4%	$-2.29 -57.9%	$-1.45 +65.8%	$-4.24	—
Total Assets	$70.9M -17.0%	$85.5M -23.3%	$111.4M -53.2%	$237.9M +36.7%	$174.1M +29.7%	$134.2M
Operating Cash Flow	$-11.4M -226.9%	$-3.5M +78.3%	$-16.1M +37.9%	$-25.9M -8.8%	$-23.8M -195.7%	$-8.1M
Free Cash Flow	$-11.6M -220.5%	$-3.6M +77.7%	$-16.2M +39.0%	$-26.5M -9.9%	$-24.1M -196.7%	$-8.1M

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Available Research

13F Pro tracks comprehensive data for Kartoon Studios, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of TOON

Anson Funds Management LP
$3.7M5,198,384 sh
Clear Street Group Inc.
$2.5M3,550,631 sh
NOMURA HOLDINGS INC
$2.1M2,982,127 sh
VANGUARD CAPITAL MANAGEMENT LLC
$1.6M2,297,352 sh
SG Americas Securities, LLC
$746.0K1,050,010 sh
Hudson Bay Capital Management LP
$710.0K1,000,000 sh
RENAISSANCE TECHNOLOGIES LLC
$419.1K590,273 sh
MORGAN STANLEY
$382.2K538,377 sh
GEODE CAPITAL MANAGEMENT, LLC
$365.8K515,066 sh
BlackRock, Inc.
$306.8K432,179 sh

Fund	Value	Shares
Anson Funds Management LP	$3.7M	5,198,384
Clear Street Group Inc.	$2.5M	3,550,631
NOMURA HOLDINGS INC	$2.1M	2,982,127
VANGUARD CAPITAL MANAGEMENT LLC	$1.6M	2,297,352
SG Americas Securities, LLC	$746.0K	1,050,010
Hudson Bay Capital Management LP	$710.0K	1,000,000
RENAISSANCE TECHNOLOGIES LLC	$419.1K	590,273
MORGAN STANLEY	$382.2K	538,377
GEODE CAPITAL MANAGEMENT, LLC	$365.8K	515,066
BlackRock, Inc.	$306.8K	432,179

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Is TOON a good stock to buy?

13F Pro's AI-powered analysis of Kartoon Studios, Inc. (TOON) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Communication Services sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for TOON are available on the TOON stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. TOON is classified as a small company.

Which hedge funds own TOON?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling TOON. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Kartoon Studios, Inc.'s investment landscape.