Filing Flows › E.W. Scripps (SSP) › Q1 2025
E.W. Scripps (SSP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
E.W. Scripps (SSP) reported revenue of $524M for the first quarter 2025 (Q1 2025), -7% from a year earlier and -28% from the quarter before. Operating margin was 5.2%, net loss $3.5M (0.7% of revenue).
E.W. Scripps, Q1 2025: revenue $524M (-7% year over year), operating margin 5.2%, net loss $3.5M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $524M | -28% | -7% |
| Operating profit | $27.5M | — | — |
| Net earnings | −$3.5M | — | — |
| Operating cash flow | −$3.3M | — | — |
What changed
Revenue was $524.4M in Q1 2025, down 7% year over year and down 28% from the previous quarter. Core advertising was the largest line at 62% of revenue. Distribution lost $13.6M year over year (down 7%), 37% of the total change.
Operating profit was $27.5M, a 5.2% margin (down 2.5 points year over year). Total costs fell 4% while revenue fell 7%. The quarter ended with a net loss of $3.5M, after a profit of $95.4M the previous quarter. Net interest and other expense of $43.9M was the main reason.
Operating cash flow was −$3.3M. Non-cash charges added back $38.5M of depreciation and amortization and $5.6M of share-based compensation. Working capital and other items used $43.9M. Capital expenditures of $5.1M exceeded it, leaving free cash flow of −$8.4M.
Questions
What was E.W. Scripps' revenue in the first quarter 2025?
E.W.
Was E.W. Scripps profitable in the first quarter 2025?
Operating profit was $27.5M (5.2% of revenue) and net loss $3.5M.
Source: E.W. Scripps 10-Q on SEC EDGAR.