Filing Flows › AMC Global Media (AMCX) › Q4 2025
AMC Global Media (AMCX) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 11, 2026
AMC Global Media (AMCX) reported revenue of $595M for the fourth quarter 2025 (Q4 2025), -0.8% from a year earlier and +6% from the quarter before. Operating margin was -8.6%, net loss $53.2M (8.9% of revenue).
AMC Global Media, Q4 2025: revenue $595M (-0.8% year over year), operating margin -8.6%, net loss $53.2M, operating cash flow $49.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $595M | +6% | -0.8% |
| Operating profit | −$50.9M | -192% | — |
| Net earnings | −$53.2M | -169% | — |
| Operating cash flow | $49.2M | +10% | -15% |
| Free cash flow | $40.4M | — | +8% |
What changed
Revenue was $594.8M in Q4 2025, down 1% year over year and up 6% from the previous quarter. Subscription was the largest line at 61% of revenue.
Operating costs exceeded revenue by $50.9M, an operating margin of -8.6%. Total costs fell 24% while revenue fell 1%. The quarter ended with a net loss of $53.2M, after a profit of $80.1M the previous quarter. Net interest and other expense of $29.9M was the main reason.
Operating cash flow was $49.2M (down 15% year over year). Non-cash charges added back $25.7M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items added $71.2M. After capital expenditures ($8.8M), free cash flow as the company reports it was $40.4M.
Questions
What was AMC Global Media's revenue in the fourth quarter 2025?
AMC Global Media (AMCX) reported revenue of $595M for the fourth quarter 2025 (Q4 2025), -0.8% from a year earlier and +6% from the quarter before.
Was AMC Global Media profitable in the fourth quarter 2025?
Operating loss was $50.9M (-8.6% of revenue) and net loss $53.2M.
Source: AMC Global Media 10-K on SEC EDGAR.