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Clear Channel Outdoor Holdings (CCO) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 5, 2025

Clear Channel Outdoor Holdings (CCO) reported revenue of $403M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +21% from the quarter before. Operating margin was 19.2%, net earnings $9.5M (2.4% of revenue).

Revenue$403M
Year over year+7%
Quarter over quarter+21%
Operating margin19.2%
Net earnings$9.5M

Clear Channel Outdoor Holdings, Q2 2025: revenue $403M (+7% year over year), operating margin 19.2%, net earnings $9.5M, operating cash flow −$12.6M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$403M+21%+7%
Operating profit$77.4M+72%+13%
Net earnings$9.5M-85%—
Operating cash flow−$12.6M-184%—

What changed

Revenue was $402.8M in Q2 2025, up 7% year over year and up 21% from the previous quarter.

Operating profit was $77.4M, a 19.2% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 34% reached operating profit, above the 18% margin then. Total costs grew 6% against revenue growth of 7%. Net earnings were $9.5M. The effective tax rate was 29.8%.

Operating cash flow was −$12.6M. Non-cash charges added back $43.3M of depreciation and amortization and $7.3M of share-based compensation. Working capital and other items used $73.9M. Capital expenditures of $16.6M exceeded it, leaving free cash flow of −$29.2M.

Questions

What was Clear Channel Outdoor Holdings' revenue in the second quarter 2025?

Clear Channel Outdoor Holdings (CCO) reported revenue of $403M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +21% from the quarter before.

Was Clear Channel Outdoor Holdings profitable in the second quarter 2025?

Operating profit was $77.4M (19.2% of revenue) and net earnings $9.5M.

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Source: Clear Channel Outdoor Holdings 10-Q on SEC EDGAR.