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Filing Flows › AMC Global Media (AMCX) › Q1 2026 › vs Q4 2025

AMC Global Media (AMCX) Q1 2026 vs Q4 2025 (quarter over quarter)

AMC Global Media's revenue fell $52.7M (-9%) from $595M in Q4 2025 to $542M in Q1 2026. The biggest changes: Content licensing and other −$22.7M (-30%); Advertising −$18.2M (-12%); Subscription −$11.8M (-3%).

AMC Global Media, Q1 2026: revenue $542M (-2% year over year), operating margin 5.8%, net loss $17.2M, operating cash flow $67.5M. The chart draws each line against Q4 2025, the increases inside each band.

AMC Global Media: what changed, Q1 2026 vs Q4 2025AMC Global Media: what changed, Q1 2026 vs Q4 2025Operating costs−$135MOther operating costs−$111MCosts & expenses−$110MNet loss−$36.0MNet loss absorbed−$36.0MInterest & other, net$25.3MContent licensing and other−$22.7MIncome tax benefit−$20.8MOperating cash flow$18.2MAdvertising−$18.2M

Every line

LineQ1 2026Q4 2025Change%
Subscription$352M$363M−$11.8M-3%
Advertising$136M$154M−$18.2M-12%
Content licensing and other$54.3M$77.0M−$22.7M-30%
Revenue$542M$595M−$52.7M-9%
Income tax benefit$6.7M$27.6M−$20.8M-76%
Net loss$17.2M$53.2M−$36.0M-68%
Costs & expenses$566M$676M−$110M-16%
Operating costs$511M$646M−$135M-21%
Interest & other, net$55.2M$29.9M$25.3M+85%
Cost of revenue$283M$299M−$15.9M-5%
SG&A$202M$209M−$7.4M-4%
Other operating costs$25.8M$137M−$111M-81%
Operating cash sources$84.6M$102M−$17.8M-17%
Depreciation & amortization$21.4M$25.7M−$4.3M-17%
Share-based compensation$6.1M$5.5M$594K+11%
Working capital & other$57.1M$71.2M−$14.1M-20%
Net loss absorbed$17.2M$53.2M−$36.0M-68%
Operating cash flow$67.5M$49.2M$18.2M+37%

Questions

How much did AMC Global Media's revenue grow quarter over quarter in Q1 2026?

AMC Global Media's revenue fell $52.7M (-9%) from $595M in Q4 2025 to $542M in Q1 2026.

What drove AMC Global Media's revenue change in Q1 2026?

Content licensing and other −$22.7M (-30%); Advertising −$18.2M (-12%); Subscription −$11.8M (-3%).

Q1 2026 results → · Compare in the interactive Sankey →