Filing Flows › AMC Global Media (AMCX) › Q2 2025
AMC Global Media (AMCX) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
AMC Global Media (AMCX) reported revenue of $600M for the second quarter 2025 (Q2 2025), -4% from a year earlier and +8% from the quarter before. Operating margin was 10.7%, net earnings $50.3M (8.4% of revenue).
AMC Global Media, Q2 2025: revenue $600M (-4% year over year), operating margin 10.7%, net earnings $50.3M, operating cash flow $103M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $600M | +8% | -4% |
| Operating profit | $64.5M | +0.4% | +498% |
| Net earnings | $50.3M | +179% | — |
| Operating cash flow | $103M | -6% | -2% |
| Free cash flow | $95.7M | — | +0.6% |
What changed
Revenue was $600.0M in Q2 2025, down 4% year over year and up 8% from the previous quarter. Subscription was the largest line at 61% of revenue. Advertising lost $38.1M year over year (down 20%), 147% of the total change.
Operating profit was $64.5M, a 10.7% margin (up 9.0 points year over year). Total costs fell 13% while revenue fell 4%. Net earnings were $50.3M. The effective tax rate was 23.4%.
Operating cash flow was $102.8M (down 2% year over year), 195% of net income including minority interests. Non-cash charges added back $26.4M of depreciation and amortization and $8.0M of share-based compensation. Working capital and other items added $15.6M. After capital expenditures ($7.0M), free cash flow as the company reports it was $95.7M.
Questions
What was AMC Global Media's revenue in the second quarter 2025?
AMC Global Media (AMCX) reported revenue of $600M for the second quarter 2025 (Q2 2025), -4% from a year earlier and +8% from the quarter before.
Was AMC Global Media profitable in the second quarter 2025?
Operating profit was $64.5M (10.7% of revenue) and net earnings $50.3M.
Source: AMC Global Media 10-Q on SEC EDGAR.