CMLS— CUMULUS MEDIA INC

Metric	FY2025	FY2024	FY2023	FY2022
Net revenue	$741.7M-10.3%	$827.1M-2.1%	$844.5M-11.4%	$953.5M
Content costs	$271.3M-16.3%	$324.2M-2.1%	$331.4M-7.3%	$357.5M
Selling, general & administrative expenses	$378.1M+0.3%	$376.8M-0.1%	$377.0M-1.7%	$383.4M
Depreciation and amortization	$54.3M-8.1%	$59.1M+1.6%	$58.2M+3.2%	$56.4M
Corporate expenses	$67.5M-16.4%	$80.7M+15.2%	$70.0M+12.1%	$62.4M
(Gain) loss on sale or disposal of assets or stations	-$2.6M-291.2%	$1.4M+108.5%	-$16.1M-945.2%	-$1.5M
Impairment of assets held for sale	$1.4M	—	—	—
Impairment of intangible assets	$109.8M-51.1%	$224.5M+243.7%	$65.3M+320.2%	$15.5M
Total operating expenses	$879.8M-17.5%	$1.07B+20.4%	$885.8M+1.4%	$873.7M
Operating loss	-$138.1M+42.4%	-$239.7M-480.6%	-$41.3M-151.7%	$79.8M
Interest expense	-$65.2M+5.2%	-$68.8M+3.5%	-$71.3M-9.8%	-$64.9M
Interest income	$995K+87.4%	$531K-77.5%	$2.4M	—
Gain on early extinguishment of debt	$0-100.0%	$170K-98.3%	$9.8M+119.1%	$4.5M
Other (expense) income, net	-$108K-100.7%	$14.7M+4223.0%	-$357K-270.0%	$210K
Total non-operating expense, net	-$64.3M-20.6%	-$53.4M+10.2%	-$59.4M+1.3%	-$60.2M
Loss before income taxes	-$202.5M+30.9%	-$293.0M-191.0%	-$100.7M-613.6%	$19.6M
Income tax benefit	$1.8M-81.8%	$9.8M+156.8%	-$17.2M-409.9%	-$3.4M
Net loss	-$200.7M+29.1%	-$283.3M-140.3%	-$117.9M-826.1%	$16.2M
Basic: Loss per share (in USD per share)	-$11.55+31.2%	-$16.79-145.8%	-$6.83-922.9%	$0.83
Diluted: Loss per share (in USD per share)	-$11.55+31.2%	-$16.79-145.8%	-$6.83-943.2%	$0.81
Weighted average basic common shares outstanding (in shares)	17.4M+3.0%	16.9M-2.3%	17.3M-11.7%	19.6M
Weighted average diluted common shares outstanding (in shares)	17.4M+3.0%	16.9M-2.3%	17.3M-13.8%	20.0M

Source: SEC EDGAR XBRL. % change vs prior period shown where available.

Pro feature

Unlock 14 more years of annual history and full quarterly detail on Pro.

Upgrade to Pro →

Source: SEC EDGAR 10-K and 10-Q filings. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.