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Clear Channel Outdoor Holdings (CCO) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 5, 2026 · Clear Channel Outdoor Holdings (CCO) Q2 2026 earnings results →
Q2 2026 Revenue up 9% year over year to $438M · 1¢ of every $1 of revenue lost · operating margin 20.3%
Clear Channel Outdoor Holdings made $438M in Q2 2026 (+9% Y/Y). Operating margin 20.3%, net loss $5.0M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 5, 2026.
Drawing the Sankey…
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What changed this quarter
Revenue was $438.0M in Q2 2026, up 9% year over year and up 17% from the previous quarter.
Operating profit was $89.1M, a 20.3% margin (up 1.1 points year over year). Of the extra revenue versus Q2 2025, 33% reached operating profit, above the 19% margin then. Total costs grew 7% against revenue growth of 9%. The quarter ended with a net loss of $5.0M, narrower than the previous quarter's $48.0M loss. Net interest and other expense of $93.7M was the main reason.
Operating cash flow was $44.6M. Non-cash charges added back $41.2M of depreciation and amortization and $8.0M of share-based compensation. Capital expenditures of $19.3M left free cash flow of $25.3M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 5, 2026 | $438M | +9% | 20.3% | −$5.0M | $44.6M |
| Q1 2026 | 10-Q | May 6, 2026 | $374M | +12% | 10.6% | −$48.0M | $3.2M |
| Q4 2025 | 10-K | Feb 26, 2026 | $462M | +8% | 23.3% | $8.0M | $56.3M |
| Q3 2025 | 10-Q | Nov 6, 2025 | $406M | +8% | 19.9% | −$58.8M | $56.2M |
| Q2 2025 | 10-Q | Aug 5, 2025 | $403M | +7% | 19.2% | $9.5M | −$12.6M |
| Q1 2025 | 10-Q | May 1, 2025 | $334M | +2% | 13.5% | $62.5M | $14.9M |
| Q4 2024 | 10-K | Feb 24, 2025 | $427M | +3% | 23.5% | −$16.6M | $29.3M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Clear Channel Outdoor Holdings
Clear Channel Outdoor Holdings, Inc. (the “Company”) is a leading provider of out-of-home (“OOH”) advertising solutions, offering advertisers impactful and innovative opportunities to reach mass audiences across a variety of high-traffic public spaces. By leveraging the scale, reach and flexibility of our diverse portfolio of assets—including roadside billboards, street furniture and airport displays—we connect advertisers with millions of consumers every month. We believe we are at the forefront of driving innovation in the OOH advertising industry, and our dynamic advertising platform continues to attract a broader pool of advertisers through the expansion of our network of digital displays and the integration of data analytics, programmatic tools and other technologies to deliver measurable campaigns that are simpler to buy.
In its own words, from its 10-K, filed Feb 26, 2026.
Clear Channel Outdoor Holdings against its Services-Advertising peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +9% against the peers' median +8%. Operating margin: 20.3% against the peers' median -0.8%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| CCO Clear Channel Outdoor Holdings | Q2 2026 | $438M | +9% | 20.3% |
| ANGI Angi | Q3 2026 | $242M | -9% | 6.4% |
| THRY Thryv Holdings | Q2 2026 | $151M | -28% | -0.8% |
| IBTA Ibotta | Q3 2026 | $97.8M | +18% | 4.8% |
| MNTN Mntn | Q3 2026 | $80.3M | +15% | 10.9% |
| NCMI National CineMedia | Q2 2026 | $58.4M | +13% | -21.9% |
| FLNT Fluent | Q2 2026 | $48.4M | +8% | -10.2% |
| TZOO Travelzoo | Q3 2026 | $22.9M | +3% | -11.2% |
| DRCT Direct Digital Holdings | Q2 2026 | $7.8M | -23% | -37.4% |
Source: Clear Channel Outdoor Holdings 10-Q on SEC EDGAR · CIK 1334978 · Services-Advertising
13F: who owns CCO and who is buying
More on CCO
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results