Filing Flows › Clear Channel Outdoor Holdings (CCO) › Q1 2026
Clear Channel Outdoor Holdings (CCO) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Clear Channel Outdoor Holdings (CCO) reported revenue of $374M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -19% from the quarter before. Operating margin was 10.6%, net loss $48.0M (12.8% of revenue).
Clear Channel Outdoor Holdings, Q1 2026: revenue $374M (+12% year over year), operating margin 10.6%, net loss $48.0M, operating cash flow $3.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $374M | -19% | +12% |
| Operating profit | $39.5M | -63% | -12% |
| Net earnings | −$48.0M | -700% | -177% |
| Operating cash flow | $3.2M | -94% | -78% |
What changed
Revenue was $373.9M in Q1 2026, up 12% year over year and down 19% from the previous quarter.
Operating profit was $39.5M, a 10.6% margin (down 2.9 points year over year). Operating profit fell $5.5M even though revenue rose $39.7M versus Q1 2025, so costs grew faster than sales. Total costs grew 16% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+19%). The quarter ended with a net loss of $48.0M, after a profit of $9.7M the previous quarter. Net interest and other expense of $96.3M was the main reason.
Operating cash flow was $3.2M (down 78% year over year). Non-cash charges added back $41.5M of depreciation and amortization and $5.9M of share-based compensation. Working capital and other items added $3.8M. Capital expenditures of $16.0M exceeded it, leaving free cash flow of −$12.8M.
Questions
What was Clear Channel Outdoor Holdings' revenue in the first quarter 2026?
Clear Channel Outdoor Holdings (CCO) reported revenue of $374M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -19% from the quarter before.
Was Clear Channel Outdoor Holdings profitable in the first quarter 2026?
Operating profit was $39.5M (10.6% of revenue) and net loss $48.0M.