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AMC Global Media (AMCX) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 30, 2026

AMC Global Media (AMCX) reported revenue of $547M for the second quarter 2026 (Q2 2026), -9% from a year earlier and +1% from the quarter before. Operating margin was 2.9%, net loss $19.8M (3.6% of revenue).

Revenue$547M
Year over year-9%
Quarter over quarter+1%
Operating margin2.9%
Net earnings−$19.8M

AMC Global Media, Q2 2026: revenue $547M (-9% year over year), operating margin 2.9%, net loss $19.8M, operating cash flow $57.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$547M+1%-9%
Operating profit$15.9M-49%-75%
Net earnings−$19.8M—-139%
Operating cash flow$57.2M-15%-44%
Free cash flow$43.3M—-55%

What changed

Revenue was $547.5M in Q2 2026, down 9% year over year and up 1% from the previous quarter. Subscription was the largest line at 64% of revenue. Content licensing and other lost $27.2M year over year (down 32%), 52% of the total change.

Operating profit was $15.9M, a 2.9% margin (down 7.8 points year over year). Total costs fell 1% while revenue fell 9%. The quarter ended with a net loss of $19.8M, wider than the previous quarter's $17.2M loss. Net interest and other expense of $40.3M was the main reason.

Operating cash flow was $57.2M (down 44% year over year). Non-cash charges added back $16.8M of depreciation and amortization and $7.5M of share-based compensation. Working capital and other items added $52.6M. After capital expenditures ($13.9M), free cash flow as the company reports it was $43.3M.

Questions

What was AMC Global Media's revenue in the second quarter 2026?

AMC Global Media (AMCX) reported revenue of $547M for the second quarter 2026 (Q2 2026), -9% from a year earlier and +1% from the quarter before.

Was AMC Global Media profitable in the second quarter 2026?

Operating profit was $15.9M (2.9% of revenue) and net loss $19.8M.

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Source: AMC Global Media 10-Q on SEC EDGAR.