Filing Flows › Clear Channel Outdoor Holdings (CCO) › Q4 2025
Clear Channel Outdoor Holdings (CCO) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Clear Channel Outdoor Holdings (CCO) reported revenue of $462M for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and +14% from the quarter before. Operating margin was 23.3%, net earnings $8.0M (1.7% of revenue).
Clear Channel Outdoor Holdings, Q4 2025: revenue $462M (+8% year over year), operating margin 23.3%, net earnings $8.0M, operating cash flow $56.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $462M | +14% | +8% |
| Operating profit | $107M | +33% | +7% |
| Net earnings | $8.0M | — | — |
| Operating cash flow | $56.3M | +0.2% | +92% |
| Free cash flow | $30.3M | -27% | — |
What changed
Revenue was $461.5M in Q4 2025, up 8% year over year and up 14% from the previous quarter.
Operating profit was $107.5M, a 23.3% margin (down 0.2 points year over year). Of the extra revenue versus Q4 2024, 21% reached operating profit, below the 23% margin then. Total costs grew 8% against revenue growth of 8%. The fastest-growing cost line was Other operating costs (+10%). Net earnings were $8.0M. The effective tax rate was 58.4%.
Operating cash flow was $56.3M (up 92% year over year), 579% of net income including minority interests. Non-cash charges added back $44.7M of depreciation and amortization and $6.5M of share-based compensation. Working capital and other items used $4.6M. Capital expenditures of $26.0M left free cash flow of $30.3M.
Questions
What was Clear Channel Outdoor Holdings' revenue in the fourth quarter 2025?
Clear Channel Outdoor Holdings (CCO) reported revenue of $462M for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and +14% from the quarter before.
Was Clear Channel Outdoor Holdings profitable in the fourth quarter 2025?
Operating profit was $107M (23.3% of revenue) and net earnings $8.0M.