Filing Flows › AMC Global Media (AMCX) › Q1 2025
AMC Global Media (AMCX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
AMC Global Media (AMCX) reported revenue of $555M for the first quarter 2025 (Q1 2025), -7% from a year earlier and -7% from the quarter before. Operating margin was 11.6%, net earnings $18.0M (3.3% of revenue).
AMC Global Media, Q1 2025: revenue $555M (-7% year over year), operating margin 11.6%, net earnings $18.0M, operating cash flow $109M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $555M | -7% | -7% |
| Operating profit | $64.2M | — | -42% |
| Net earnings | $18.0M | — | -61% |
| Operating cash flow | $109M | +87% | -28% |
| Free cash flow | $94.2M | — | -35% |
What changed
Revenue was $555.2M in Q1 2025, down 7% year over year and down 7% from the previous quarter. Subscription was the largest line at 64% of revenue. Advertising lost $19.5M year over year (down 12%), 47% of the total change.
Operating profit was $64.2M, a 11.6% margin (down 6.9 points year over year). Total costs grew 1% against a revenue fall of 7%. Net earnings were $18.0M, down 61% year over year. The effective tax rate was 40.3%.
Operating cash flow was $108.8M (down 28% year over year), 491% of net income including minority interests. Non-cash charges added back $20.9M of depreciation and amortization and $5.8M of share-based compensation. Working capital and other items added $60.0M. After capital expenditures ($14.6M), free cash flow as the company reports it was $94.2M.
Questions
What was AMC Global Media's revenue in the first quarter 2025?
AMC Global Media (AMCX) reported revenue of $555M for the first quarter 2025 (Q1 2025), -7% from a year earlier and -7% from the quarter before.
Was AMC Global Media profitable in the first quarter 2025?
Operating profit was $64.2M (11.6% of revenue) and net earnings $18.0M.
Source: AMC Global Media 10-Q on SEC EDGAR.