Filing Flows › Cumulus Media (CMLS) › Q1 2025
Cumulus Media (CMLS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Cumulus Media (CMLS) reported revenue of $187M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -14% from the quarter before. Operating margin was -7.9%, net loss $32.4M (17.3% of revenue).
Cumulus Media, Q1 2025: revenue $187M (-6% year over year), operating margin -7.9%, net loss $32.4M, operating cash flow −$3.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $187M | -14% | -6% |
| Operating profit | −$14.8M | — | — |
| Net earnings | −$32.4M | — | — |
| Operating cash flow | −$3.8M | -122% | — |
What changed
Revenue was $187.3M in Q1 2025, down 6% year over year and down 14% from the previous quarter. Spot was the largest line at 43% of revenue. Spot lost $9.6M year over year (down 11%), 76% of the total change.
Operating costs exceeded revenue by $14.8M, an operating margin of -7.9%. Total costs fell 4% while revenue fell 6%. The quarter ended with a net loss of $32.4M, narrower than the previous quarter's $231.1M loss.
Operating cash flow was −$3.8M. Non-cash charges added back $14.8M of depreciation and amortization and $849K of share-based compensation. Working capital and other items added $12.9M. Capital expenditures of $5.5M exceeded it, leaving free cash flow of −$9.4M.
Questions
What was Cumulus Media's revenue in the first quarter 2025?
Cumulus Media (CMLS) reported revenue of $187M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -14% from the quarter before.
Was Cumulus Media profitable in the first quarter 2025?
Operating loss was $14.8M (-7.9% of revenue) and net loss $32.4M.
Source: Cumulus Media 10-Q on SEC EDGAR.